Common use of No Waiver of One Default to Affect Another Clause in Contracts

No Waiver of One Default to Affect Another. No waiver of any Event of Default hereunder shall extend to or affect any subsequent or any other Event of Default then existing, or impair any rights, powers or remedies consequent thereon. If Collateral Agent (a) grants forbearance or an extension of time for the payment of any Obligations secured hereby; (b) takes other or additional security for the payment thereof; (c) waives or does not exercise any right granted in the Indenture; (d) releases any part of the Property from the lien of this Deed of Trust; (e) consents to the filing of any map, plat or replat of the Land; (f) consents to the granting of any easement on the Land; or (g) makes or consents to any agreement changing the terms of this Deed of Trust or subordinating the lien or any charge hereof, no such act or omission shall release, discharge, modify, change or affect the Obligations of Grantor. No such act or omission shall preclude Collateral Agent or Holders from exercising any right, power or privilege herein granted or intended to be granted in case of any Event of Default then existing or of any subsequent Event of Default nor shall the lien of this Deed of Trust be affected thereby.

Appears in 9 contracts

Samples: Golfsmith International Holdings Inc, Golfsmith International Holdings Inc, Golfsmith International Holdings Inc

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No Waiver of One Default to Affect Another. No waiver of any Event of Default hereunder shall extend to or affect any subsequent or any other Event of Default then existing, or impair any rights, powers or remedies consequent thereon. If Collateral Agent (a) grants forbearance or an extension of time for the payment of any Obligations secured hereby; (b) takes other or additional security for the payment thereof; (c) waives or does not exercise any right granted in the Indenture; (d) releases any part of the Property from the lien of this Deed of TrustMortgage; (e) consents to the filing of any map, plat or replat of the Land; (f) consents to the granting of any easement on the Land; or (g) makes or consents to any agreement changing the terms of this Deed of Trust Mortgage or subordinating the lien or any charge hereof, no such act or omission shall release, discharge, modify, change or affect the Obligations of GrantorMortgagor. No such act or omission shall preclude Collateral Agent or Holders from exercising any right, power or privilege herein granted or intended to be granted in case of any Event of Default then existing or of any subsequent Event of Default nor shall the lien of this Deed of Trust Mortgage be affected thereby.

Appears in 7 contracts

Samples: Leasehold Mortgage (Golfsmith International Holdings Inc), Golfsmith International Holdings Inc, Golfsmith International Holdings Inc

No Waiver of One Default to Affect Another. No waiver of any Event of Default hereunder shall extend to or affect any subsequent or any other Event of Default then existing, or impair any rights, powers or remedies consequent thereon. If Collateral Agent (a) grants forbearance or an extension of time for the payment of any Obligations secured hereby; (b) takes other or additional security for the payment thereof; (c) waives or does not exercise any right granted in the Indenture; (d) releases any part of the Property from the lien of this Deed of TrustMortgage; (e) consents to the filing of any map, plat or replat of the Land; (f) consents to the granting of any easement on the Land; or (g) makes or consents to any agreement changing the terms of this Deed of Trust Mortgage or subordinating the lien or any charge hereof, no such act or omission shall release, discharge, modify, change or affect the Obligations of Grantor. No such act or omission shall preclude Collateral Agent or Holders from exercising any right, power or privilege herein granted or intended to be granted in case of any Event of Default then existing or of any subsequent Event of Default nor shall the lien of this Deed of Trust Mortgage be affected thereby.

Appears in 1 contract

Samples: Golfsmith International Holdings Inc

No Waiver of One Default to Affect Another. No waiver of any Event of Default hereunder shall extend to or affect any subsequent or any other Event of Default then existing, or impair any rights, powers or remedies consequent thereon. If Collateral Agent Lender (a) grants forbearance or an extension of time for the payment of any Obligations secured hereby; (b) takes other or additional security for the payment thereof; (c) waives or does not exercise any right granted in the IndentureFinancing Agreement; (d) releases any part of the Property from the lien of this Deed of TrustMortgage; (e) consents to the filing of any map, plat or replat of the Land; (f) consents to the granting of any easement on the Land; or (g) makes or consents to any agreement changing the terms of this Deed of Trust Mortgage or subordinating the lien or any charge hereof, no such act or omission shall release, discharge, modify, change or affect the Obligations of GrantorMortgagor. No such act or omission shall preclude Collateral Agent or Holders Lender from exercising any right, power or privilege herein granted or intended to be granted in case of any Event of Default then existing or of any subsequent Event of Default nor shall the lien of this Deed Mortgage be altered hereby, except to the extent of Trust be affected therebyreleases as described in subparagraph (d) above of this paragraph 3.12.

Appears in 1 contract

Samples: Fixture Filing and Security Agreement (Crown Crafts Inc)

No Waiver of One Default to Affect Another. No waiver of any Event of Default hereunder shall extend to or affect any subsequent or any other Event of Default then existing, or impair any rights, powers or remedies consequent thereon. If Collateral Agent Indenture Trustee (a) grants forbearance or an extension of time for the payment of any Obligations secured hereby; (b) takes other or additional security for the payment thereof; (c) waives or does not exercise any right granted in the Indenture; (d) releases any part of the Property from the lien of this Deed of Trust; (e) consents to the filing of any map, plat or replat of the Land; (f) consents to the granting of any easement on the Land; or (g) makes or consents to any agreement changing the terms of this Deed of Trust or subordinating the lien or any charge hereof, no such act or omission shall release, discharge, modify, change or affect the Obligations of Grantor. No such act or omission shall preclude Collateral Agent Indenture Trustee or Holders from exercising any right, power or privilege herein granted or intended to be granted in case of any Event of Default then existing or of any subsequent Event of Default nor shall the lien of this Deed of Trust be affected thereby.

Appears in 1 contract

Samples: Golfsmith International Holdings Inc

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No Waiver of One Default to Affect Another. No waiver of any Event event of Default default hereunder shall extend to or affect any subsequent event of default or any other Event event of Default default then existing, or impair any rights, powers or remedies consequent thereon. If Collateral Agent Mortgagee (a) grants forbearance or an extension of time for the payment of any Obligations sums secured hereby; (b) takes other or additional security for the payment thereof; (c) waives or does not exercise any right granted in the IndentureLoan Agreement, this Mortgage or any other instrument securing the Loan Agreement; (d) releases any part of the Property from the lien of this Deed of Trust; (e) consents to the filing of Mortgage or any map, plat or replat of other instrument securing the Land; (f) consents to the granting of any easement on the LandLoan Agreement; or (ge) makes or consents to any agreement changing the terms of this Deed of Trust Mortgage or subordinating the lien or any charge hereof, no such act or omission shall release, discharge, modify, change or affect the Obligations original liability under the Loan Agreement, the Mortgage or otherwise of GrantorMortgagor, or any subsequent purchaser of the Property or any part thereof. No such act or omission shall preclude Collateral Agent or Holders Mortgagee from exercising any right, power or privilege herein granted or intended to be granted in case of any Event event of Default default then existing or of any subsequent Event event of Default nor default nor, except as otherwise expressly provided in an instrument or instruments executed by Mortgagee, shall the lien of this Deed of Trust the Mortgage be affected altered thereby.

Appears in 1 contract

Samples: Homegold Financial Inc

No Waiver of One Default to Affect Another. No waiver of any Event of Default hereunder shall extend to or affect any subsequent or any other Event of Default then existing, or impair any rights, powers or remedies consequent thereon. If Collateral Agent (a) grants forbearance or an extension of time for the payment of any Obligations secured hereby; (b) takes other or additional security for the payment thereof; (c) waives or does not exercise any right granted in the Indenturethis Mortgage or any other Subordinated Note Document; (d) releases any part of the Property from the lien of this Deed of TrustMortgage; (e) consents to the filing of any map, plat or replat of the Land; (f) consents to the granting of any easement on the Land; or (g) makes or consents to any agreement changing the terms of this Deed of Trust Mortgage or subordinating the lien or any charge hereof, no such act or omission shall release, discharge, modify, change or affect the Obligations of GrantorMortgagor. No such act or omission shall preclude Collateral Agent or Holders from exercising any right, power or privilege herein granted or intended to be granted in case of any Event of Default then existing or of any subsequent Event of Default nor shall the lien of this Deed Mortgage be altered hereby, except to the extent of Trust be affected therebyreleases as described in subparagraph (d) above of this paragraph 3.12.

Appears in 1 contract

Samples: Fixture Filing and Security Agreement (Crown Crafts Inc)

No Waiver of One Default to Affect Another. No waiver of any Event of Default hereunder shall extend to or affect any subsequent or any other Event of Default then existing, or impair any rights, powers or remedies consequent thereon. If Collateral Agent (a) grants forbearance or an extension of time for the payment of any Obligations secured hereby; (b) takes other or additional security for the payment thereof; (c) waives or does not exercise any right granted in the IndentureLoan Agreement; (d) releases any part of the Property from the lien of this Deed of TrustMortgage; (e) consents to the filing of any map, plat or replat of the Land; (f) consents to the granting of any easement on the Land; or (g) makes or consents to any agreement changing the terms of this Deed of Trust Mortgage or subordinating the lien or any charge hereof, no such act or omission shall release, discharge, modify, change or affect the Obligations of GrantorMortgagor. No such act or omission shall preclude Collateral Agent or Holders from exercising any right, power or privilege herein granted or intended to be granted in case of any Event of Default then existing or of any subsequent Event of Default nor shall the lien of this Deed Mortgage be altered hereby, except to the extent of Trust be affected therebyreleases as described in subparagraph (d) above of this paragraph 3.14.

Appears in 1 contract

Samples: Mortgage and Security Agreement (Tropical Sportswear International Corp)

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