Common use of No Waiver; Separate Causes of Action Clause in Contracts

No Waiver; Separate Causes of Action. No delay or omission to exercise any right, power or remedy accruing to Collateral Agent upon the occurrence and during the continuance of any Event of Default as aforesaid shall impair any such right, power or remedy of Collateral Agent, nor shall it be construed to be a waiver of any such Event of Default or of any similar breach or default thereafter occurring or an acquiescence therein, nor shall any waiver of any other breach or default under this Agreement or any other Credit Document be deemed a waiver of any other breach or default theretofore or thereafter occurring. Each and every default by Pledgor in payment hereunder shall give rise to a separate cause of action hereunder, and separate suits may be brought hereunder as each cause of action arises and every power and remedy given by this Agreement may be exercised from time to time, and as often as shall be deemed expedient, by Collateral Agent.

Appears in 2 contracts

Samples: Pledge Agreement (Renegy Holdings, Inc.), Pledge Agreement (Renegy Holdings, Inc.)

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No Waiver; Separate Causes of Action. No delay or omission to exercise any right, power or remedy accruing to the Collateral Agent upon the occurrence and during the continuance of any Event of Default as aforesaid shall impair any such right, power or remedy of the Collateral Agent, nor shall it be construed to be a waiver of any such Event of Default or of any similar breach or default thereafter occurring or an acquiescence therein, nor shall any waiver of any other breach or default under this Agreement Agreement, the Indenture or any other Credit Document instrument, document or agreement related thereto be deemed a waiver of any other breach or default theretofore or thereafter occurring. Each and every default by the Pledgor in payment hereunder shall give rise to a separate cause of action hereunder, and separate suits may be brought hereunder as each cause of action arises and every power and remedy given by this Agreement may be exercised from time to time, and as often as shall be deemed expedient, by the Collateral Agent.

Appears in 1 contract

Samples: Pledge and Security Agreement (Wynn Resorts LTD)

No Waiver; Separate Causes of Action. No delay or omission to exercise any right, power or remedy accruing to Collateral Agent Lender upon the occurrence and during the continuance of any Event of Default as aforesaid shall impair any such right, power or remedy of Collateral AgentLender, nor shall it be construed to be a waiver of any such Event of Default or of any similar breach or default thereafter occurring or an acquiescence therein, nor shall any waiver of any other breach or default under this Agreement or any other Credit Financing Document be deemed a waiver of any other breach or default theretofore or thereafter occurring. Each and every default by Pledgor in payment hereunder shall give rise to a separate cause of action hereunder, and separate suits may be brought hereunder as each cause of action arises and every power and remedy given by this Agreement may be exercised from time to time, and as often as shall be deemed expedient, by Collateral AgentLender.

Appears in 1 contract

Samples: Financing Agreement (Us Geothermal Inc)

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No Waiver; Separate Causes of Action. No delay or omission to exercise any right, power or remedy accruing to Collateral Administrative Agent upon the occurrence and during the continuance of any Event of Default as aforesaid shall impair any such right, power or remedy of Collateral Administrative Agent, nor shall it be construed to be a waiver of any such Event of Default or of any similar breach or default thereafter occurring or an acquiescence therein, nor shall any waiver of any other breach or default under this Agreement or any other Credit Document be deemed a waiver of any other breach or default theretofore or thereafter occurring. Each and every default by Pledgor in payment hereunder shall give rise to a separate cause of action hereunder, and separate suits may be brought hereunder as each cause of action arises and every power and remedy given by this Agreement may be exercised from time to time, and as often as shall be deemed expedient, by Collateral Administrative Agent.

Appears in 1 contract

Samples: Escrow Agreement (Ormat Technologies, Inc.)

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