Common use of No Waiver; Amendments Clause in Contracts

No Waiver; Amendments. Neither the Administrative Agent, the Collateral Agent, the Banks, the Company nor the Lessee shall, by any act, delay, omission or otherwise, be deemed to have waived any of its rights and remedies hereunder, and no waiver shall be valid unless in writing signed by the party or parties sought to be bound thereby. A waiver by the Administrative Agent, the Collateral Agent, the Banks, the Company or the Lessee of any of their respective rights or remedies hereunder on any one occasion shall not be construed as a bar to any right or remedy which the Administrative Agent, the Banks, the Company or the Lessee, as applicable, would otherwise have had on any future occasion. No failure to exercise nor any delay in exercise of any such right or remedy hereunder shall preclude any other or future exercise or partial exercise of any other right or remedy. The rights and remedies hereunder provided are cumulative and may be exercised singly or concurrently, and are not exclusive of any rights and remedies provided by law. None of the terms or provisions of this Letter Agreement may be waived, altered, modified or amended except by an instrument in writing, duly executed by the party or parties sought to be bound thereby.