Common use of No Waiver or Cure Clause in Contracts

No Waiver or Cure. Neither the application of a default rate of interest in the circumstances described in the Note or any of the other Loan Documents nor the imposition of any late fee shall be interpreted to extend any cure period set forth in the Note or any other Loan Document; to cure any Default; or to otherwise limit or waive any of Lender’s rights or remedies under this Agreement, the Note, or any other Loan Document.

Appears in 3 contracts

Samples: Loan Agreement (Lodging Fund REIT III, Inc.), Loan Agreement (Lodging Fund REIT III, Inc.), Loan Agreement

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No Waiver or Cure. Neither the application of a default rate of interest the Default Rate in the circumstances described in the Note or any of the other Loan Documents nor the imposition of any late fee shall be interpreted to extend any cure period set forth in the Note or any other Loan Document; to cure any Default; or to otherwise limit or waive any of Lender’s rights or remedies under this Agreement, the Note, or any other Loan Document.

Appears in 2 contracts

Samples: Loan Agreement (Condor Hospitality Trust, Inc.), Loan Agreement (Condor Hospitality Trust, Inc.)

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No Waiver or Cure. Neither the application of a default rate of interest in the circumstances described herein or in the Note or any of the other Loan Documents nor the imposition of any late fee shall be interpreted to extend any cure period set forth herein or in the Note or any other Loan Document; , to cure any Default or Event of Default; , or to otherwise limit or waive any of Lender’s the rights or remedies of Agent and the Lenders under this Agreement, the Note, Agreement or any other Loan Document.

Appears in 1 contract

Samples: Loan Agreement (Lightstone Value Plus Real Estate Investment Trust III, Inc.)

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