Common use of No Waiver of Defaults; Waiver Clause in Contracts

No Waiver of Defaults; Waiver. (a) No course of action or dealing, renewal, waiver, release or extension of any provision of any Loan Document or this Agreement, or single or partial exercise of any such provision, or delay, failure or omission on Lenders’ part in enforcing any such provision shall affect the liability of Guarantor or operate as a waiver of such provision or preclude any other or further exercise of such provision. No waiver by Lender of any one or more defaults by any other party in the performance of any of the provisions of any Loan Document or this Agreement shall operate or be construed as a waiver of any future default, whether of a like or different nature, and each such waiver shall be limited solely to the express terms and provisions of such waiver.

Appears in 1 contract

Samples: Guaranty Agreement (Access Worldwide Communications Inc)

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No Waiver of Defaults; Waiver. (a) No course of action or dealing, renewal, waiver, release or extension of any provision of any Loan Document the Note or this Agreement, or single or partial exercise of any such provision, or delay, failure or omission on Lenders’ Secured Party’s part in enforcing any such provision shall affect the liability of Guarantor or operate as a waiver of such provision or preclude any other or further exercise of such provision. No waiver by Lender Secured Party of any one or more defaults by any other party in the performance of any of the provisions of any Loan Document Note or this Agreement shall operate or be construed as a waiver of any future default, whether of a like or different nature, and each such waiver shall be limited solely to the express terms and provisions of such waiver.

Appears in 1 contract

Samples: Pledge and Voting Agreement (Arotech Corp)

No Waiver of Defaults; Waiver. (a) No course of action or dealing, renewal, waiver, release or extension of any provision of any Loan Document the Amended Note or this Agreement, or single or partial exercise of any such provision, or delay, failure or omission on Lenders’ Secured Party’s part in enforcing any such provision shall affect the liability of Guarantor Pledgor or operate as a waiver of such provision or preclude any other or further exercise of such provision. No waiver by Lender Secured Party of any one or more defaults by any other party in the performance of any of the provisions of any Loan Document the Amended Note or this Agreement shall operate or be construed as a waiver of any future default, whether of a like or different nature, and each such waiver shall be limited solely to the express terms and provisions of such waiver.

Appears in 1 contract

Samples: Pledge Agreement (Transatlantic Petroleum Ltd.)

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No Waiver of Defaults; Waiver. (a) No course of action or dealing, renewal, waiver, release or extension of any provision of any Loan Document or this Agreement, or single or partial exercise of any such provision, or delay, failure or omission on Lenders’ CIT's part in enforcing any such provision shall affect the liability of Guarantor or operate as a waiver of such provision or preclude any other or further exercise of such provision. No waiver by Lender CIT of any one or more defaults by any other party in the performance of any of the provisions of any Loan Document or this Agreement shall operate or be construed as a waiver of any future default, whether of a like or different nature, and each such waiver shall be limited solely to the express terms and provisions of such waiver.

Appears in 1 contract

Samples: Kelly Thomas Espy

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