Common use of NO WAIVER OR RELEASE BY LENDER Clause in Contracts

NO WAIVER OR RELEASE BY LENDER. Lender may resort to any remedies and the security given by the Loan Documents in whole or in part, and in such portions and in such order as may seem best to Lender in its sole discretion, and any such action shall not in any way be considered as a waiver of any of the rights, benefits or remedies evidenced by the Loan Documents. The failure of Lender to exercise any right, remedy or option provided for in the Loan Documents shall not be deemed to be a waiver of any of the covenants or obligations secured by the Loan Documents. No sale of all or any of the Premises, no forbearance on the part of Lender and no extension of the time for the payment of the whole or any part of the Obligations or any other indulgence given by Lender to Borrower or any other person or entity including, without limitation, any surrender, compromise, release, renewal, extension, exchange or substitution which Lender may grant in respect of the Premises or any interest therein or any release or indulgence granted to any maker, endorser, guarantor or surety of any of the Obligations, shall operate to release or in any manner affect Lender's interest in the Premises or the liability of Borrower to pay the Obligations, except to the extent that such liability shall be reduced by proceeds of sale of all or any of the Premises received by Lender.

NO WAIVER OR RELEASE BY LENDER. Lender may resort to any remedies and the security given by the Loan Documents in whole or in part, and in such portions and in such order as may seem best to Lender in its sole discretion, and any such action shall not in any way be considered as a waiver of any of the rights, benefits or remedies evidenced by the Loan Documents. The failure of Lender to exercise any right, remedy or option provided for in the Loan Documents shall not be deemed to be a waiver of any of the covenants or obligations secured by the Loan Documents. No sale of all or any of the PremisesProperty, no forbearance on the part of Lender and no extension of the time for the payment of the whole or any part of the Obligations or any other indulgence given by Lender to Borrower or any other person or entity including, without limitation, any surrender, compromise, release, renewal, extension, exchange or substitution which Lender may grant in respect of the Premises Property or any interest therein or any release or indulgence granted to any maker, endorser, guarantor or surety of any of the Obligations, shall operate to release or in any manner affect Lender's interest in the Premises Property or the liability of Borrower to pay the Obligations, except to the extent that such liability shall be reduced by proceeds of sale of all or any of the Premises Property received by Lender.

NO WAIVER OR RELEASE BY LENDER. Lender may resort to any remedies and the security given by the Loan Documents in whole or in part, and in such portions and in such order as may seem best to Lender in its sole discretion, and any such action shall not in any way be considered as a waiver of any of the rights, benefits or remedies evidenced by the Loan Documents. The failure of Lender to exercise any right, remedy or option provided for in the Loan Documents shall not be deemed to be a waiver of any of the covenants or obligations secured by the Loan Documents. No sale of all or any of the PremisesProperty, no forbearance on the part of Lender and no extension of the time for the payment of the whole or any part of the Obligations Secured Debt or any other indulgence given by Lender to Borrower or any other person or entity including, without limitation, any surrender, compromise, release, renewal, extension, exchange or substitution which Lender may grant in respect of the Premises Property or any interest therein or any release or indulgence granted to any maker, endorser, guarantor or surety of any of the ObligationsSecured Debt, shall operate to release or in any manner affect Lender's interest in the Premises Property or the liability of Borrower to pay the ObligationsSecured Debt, except to the extent that such liability shall be reduced by proceeds of sale of all or any of the Premises Property received by Lender.