Common use of No Waivers of Rights hereunder; Rights Cumulative Clause in Contracts

No Waivers of Rights hereunder; Rights Cumulative. (a) No delay by BNY in exercising any right hereunder, or under any of the other Obligations, shall operate as a waiver thereof, nor shall any single or partial exercise of any right preclude other or further exercises thereof or the exercise of any other right. No waiver of any of the other Obligations shall be enforceable against BNY unless in writing and signed by an officer of BNY, and unless it expressly refers to the provision affected; any such waiver shall be limited solely to the specific event waived.

Appears in 3 contracts

Samples: General Security Agreement (Tii Industries Inc), General Security Agreement (Tii Industries Inc), General Security Agreement (Tii Industries Inc)

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No Waivers of Rights hereunder; Rights Cumulative. (a) a. No delay by BNY either Lender in exercising any right hereunder, or under any of the other Obligations, shall operate as a waiver thereof, nor shall any single or partial exercise of any right preclude other or further exercises thereof or the exercise of any other right. No waiver or amendment of any provision of this Security Agreement or of any of the other Obligations shall be enforceable against BNY either Lender unless in writing and signed by an officer of BNYsuch Lender, and unless it expressly refers to the provision affected; any such waiver shall be limited solely to the specific event waived.

Appears in 1 contract

Samples: Security Agreement (Change Technology Partners Inc)

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