Common use of No Waiver by Holder Clause in Contracts

No Waiver by Holder. Any delay or omission on the part of Holder to ------------------- exercise any of its rights or remedies hereunder, including, without limitation, the right to accelerate amounts owing under this Note, shall not be deemed a continuing waiver of that right or remedy or any other right or remedy of Holder in respect thereof. The acceptance by Holder of any payment pursuant to the terms of this Note which is less than payment in full of all amounts due and payable at the time of such payment shall not constitute a waiver of the right to exercise any of Holder's rights or remedies under this Note at that time or at any subsequent time or nullify any prior exercise of any such rights or remedies without the express written consent of Holder, except as and to the extent otherwise provided by law.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Ward North America Holding Inc), Convertible Promissory Note and Loan Agreement (Anchor Pacific Underwriters Inc)

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No Waiver by Holder. Any delay or omission on the part of Holder to ------------------- exercise any of its Holder's rights or remedies hereunderhereunder or under applicable law, including, without limitation, the right to accelerate amounts owing under this Note, shall not be deemed a continuing waiver of that right or remedy or of any other right or remedy of Holder in respect thereof. The acceptance by Holder of any payment pursuant to the terms of this Note which is less than payment in full of all amounts due and payable at the time of such payment shall not constitute a waiver of the right to exercise any of the Holder's rights or remedies under this Note or under applicable law at that time or at any subsequent time or nullify any prior exercise of any such rights or remedies without the express written consent of Holder, except as and to the extent otherwise provided to the contrary by applicable law.

Appears in 1 contract

Samples: Revolving Subordinated Promissory Note (Fidelity National Information Solutions Inc)

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No Waiver by Holder. Any delay or omission on the part of Holder to ------------------- exercise any of its Holder’s rights or remedies hereunderhereunder or under applicable law, including, without limitation, the right to accelerate amounts owing under this Note, shall not be deemed a continuing waiver of that right or remedy or of any other right or remedy of Holder in respect thereof. The acceptance by Holder of any payment pursuant to the terms of this Note which is less than payment in full of all amounts due and payable at the time of such payment shall not constitute a waiver of the right to exercise any of the Holder's ’s rights or remedies under this Note or under applicable law at that time or at any subsequent time or nullify any prior exercise of any such rights or remedies without the express written consent of Holder, except as and to the extent otherwise provided to the contrary by applicable law.

Appears in 1 contract

Samples: Loan and Security Agreement (Odetics Inc)

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