Common use of No Waiver by Secured Party Clause in Contracts

No Waiver by Secured Party. Any forbearance, failure, or delay by Secured Party in exercising any right, power or remedy hereunder shall not be deemed to be a waiver of such right, power, or remedy, and any single or partial exercise of any right, power, or remedy of Secured Party shall not preclude the later exercise of any other right, power, or remedy, each of which shall continue in full force and effect until such right, power, or remedy is specifically waived by an instrument in writing, executed by Secured Party.

Appears in 13 contracts

Samples: Revolving Line of Credit Agreement (Standard Drilling, Inc.), Security Agreement (Patient Safety Technologies, Inc), Security Agreement (Patient Safety Technologies, Inc)

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No Waiver by Secured Party. Any forbearance, failure, or delay by Secured Party in exercising any right, power or remedy hereunder shall not be deemed to be a waiver of such right, power, or remedy, and any single or partial exercise of any right, power, or remedy of Secured Party party shall not preclude the later exercise of any other right, power, or remedy, each of which shall continue in full force and effect until such right, power, or remedy is specifically waived by an instrument in writing, executed by Secured Party.

Appears in 3 contracts

Samples: Security Agreement (Econnect), Security Agreement (Econnect), Security Agreement (Econnect)

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No Waiver by Secured Party. Any forbearance, failure, or delay by Secured Party in exercising any right, power or remedy hereunder shall not be deemed to be a waiver of such right, power, or remedy, and any single or partial exercise of any right, power, power or remedy of Secured Party shall not preclude the later exercise of any other right, power, or remedy, each of which shall continue in full force and effect until such right, power, or remedy is specifically waived by an instrument in writing, executed by Secured Party.

Appears in 1 contract

Samples: Security Agreement (Accesspoint Corp /Nv/)

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