Common use of No Waiver by Mortgagee Clause in Contracts

No Waiver by Mortgagee. No failure by the Mortgagee to insist upon the strict performance of any term hereof or to exercise any right, power or remedy consequent upon a breach thereof, shall constitute a waiver of any such term or of any such breach. No waiver of any breach shall affect or alter this Series 1989D Mortgage, which shall continue in full force and effect with respect to any other then existing or subsequent breach.

Appears in 1 contract

Samples: Mortgage and Security Agreement (Epi Technologies Inc/De)

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No Waiver by Mortgagee. No failure by the Mortgagee to insist upon the strict performance of any term hereof or to exercise any right, power or remedy consequent upon a breach thereof, thereof shall constitute a waiver of any such term or of any such breach. No waiver of any MWF 7/7/93 breach shall affect or alter this Series 1989D Mortgage, which shall continue in full force and effect with respect to any other then existing or subsequent breach.

Appears in 1 contract

Samples: Mortgage and Security Agreement (Oriole Homes Corp)

No Waiver by Mortgagee. No failure by the Mortgagee to insist upon the strict performance of any term hereof of this Leasehold Mortgage or to exercise any right, power or remedy consequent upon a breach thereof, hereof shall constitute a waiver of any such term or of any such breach. No waiver of any breach shall affect or alter this Series 1989D Leasehold Mortgage, which shall continue in full force and effect with respect to any other then existing or subsequent breach.

Appears in 1 contract

Samples: Leasehold Mortgage, Security Agreement and Fixture Filing (MGP Ingredients Inc)

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No Waiver by Mortgagee. No failure by the Mortgagee to insist upon the strict performance of any term hereof or to exercise any right, power or remedy consequent upon a breach thereof, thereof shall constitute a waiver of any such term or of any such breach. No waiver of any breach shall affect or alter this Series 1989D Mortgage, which shall continue in full force and effect with respect to any other then existing or subsequent breach.

Appears in 1 contract

Samples: Mortgage and Security Agreement (American Leisure Holdings, Inc.)

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