Common use of No Waiver; Rights Cumulative Clause in Contracts

No Waiver; Rights Cumulative. No failure or delay on the part of DCJS in exercising any right, remedy, power or privilege hereunder shall operate as a waiver thereof or of any other right, remedy, power or privilege hereunder or under the Loan Agreement; nor shall any single or partial exercise of any such right, remedy, power or privilege preclude any other or further exercise thereof or of any other right, remedy, power or privilege. The rights and remedies of DCJS under this Agreement are cumulative and not exclusive of any rights or remedies which it may otherwise have. No modification or waiver of any provision of this Agreement nor consent to any departure by Grantor therefrom shall be effective unless the same shall be in writing, and then such waiver or consent shall be effective only in the specified instance and for the specific purpose for which given.

Appears in 7 contracts

Samples: Control Agreement, Control Agreement, Control Agreement – Joint Tenants

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