Common use of Nonexclusive Nature of Remedies Clause in Contracts

Nonexclusive Nature of Remedies. Failure by the Collateral Agent or the holders of the Secured Obligations to exercise any right, remedy or option under this Security Agreement, any other Credit Document, or as provided by law, or any delay by the Collateral Agent or the holders of the Secured Obligations in exercising the same, shall not operate as a waiver of any such right, remedy or option. To the extent permitted by law, neither the Collateral Agent, the holders of the Secured Obligations, nor any party acting as attorney for the Collateral Agent or the holders of the Secured Obligations, shall be liable hereunder for any acts or omissions or for any error of judgment or mistake of fact or law other than their gross negligence or willful misconduct hereunder. The rights and remedies of the Collateral Agent and the holders of the Secured Obligations under this Security Agreement shall be cumulative and not exclusive of any other right or remedy that the Collateral Agent or the holders of the Secured Obligations may have.

Nonexclusive Nature of Remedies. Failure by the Collateral Administrative Agent or the holders of the Secured Obligations to exercise any right, remedy or option under this Security Agreement, any other Credit Loan Document, any other document relating to the Secured Obligations, or as provided by lawthe DIP Orders or applicable Law, or any delay by the Collateral Administrative Agent or the holders of the Secured Obligations in exercising the same, shall not operate as a waiver of any such right, remedy or option. To No waiver hereunder shall be effective unless it is in writing, signed by the party against whom such waiver is sought to be enforced and then only to the extent permitted by lawspecifically stated, neither which in the Collateral Agent, the holders case of the Secured Obligations, nor any party acting as attorney for the Collateral Administrative Agent or the holders of the Secured Obligations, Obligations shall only be liable hereunder for any acts or omissions or for any error of judgment or mistake of fact or law other than their gross negligence or willful misconduct hereundergranted as provided herein. The rights and remedies of the Collateral Administrative Agent and the holders of the Secured Obligations under this Security Agreement shall be cumulative and not exclusive of any other right or remedy that which the Collateral Administrative Agent or the holders of the Secured Obligations may have.

Nonexclusive Nature of Remedies. Failure by the Collateral Administrative Agent or the holders of the Secured Obligations to exercise any right, remedy or option under this Security Agreement, any other Credit Loan Document, any other documents relating to the Secured Obligations, or as provided by law, or any delay by the Collateral Administrative Agent or the holders of the Secured Obligations in exercising the same, shall not operate as a waiver of any such right, remedy or option. To No waiver hereunder shall be effective unless it is in writing, signed by the party against whom such waiver is sought to be enforced and then only to the extent permitted by lawspecifically stated, neither which in the Collateral Agent, the holders case of the Secured Obligations, nor any party acting as attorney for the Collateral Administrative Agent or the holders of the Secured Obligations, Obligations shall only be liable hereunder for any acts or omissions or for any error of judgment or mistake of fact or law other than their gross negligence or willful misconduct hereundergranted as provided herein. The rights and remedies of the Collateral Agent Administrative Agents and the holders of the Secured Obligations under this Security Agreement shall be cumulative and not exclusive of any other right or remedy that the Collateral Administrative Agent or the holders of the Secured Obligations may have.

Nonexclusive Nature of Remedies. Failure by the Collateral Agent or the holders of the Secured Obligations to exercise any right, remedy or option under this Security Agreement, any other Credit Loan Document, any other documents relating to the Secured Obligations, or as provided by law, or any delay by the Collateral Agent or the holders of the Secured Obligations in exercising the same, shall not operate as a waiver of any such right, remedy or option. To No waiver hereunder shall be effective unless it is in writing, signed by the party against whom such waiver is sought to be enforced and then only to the extent permitted by lawspecifically stated, neither which in the Collateral Agent, the holders case of the Secured Obligations, nor any party acting as attorney for the Collateral Agent or the holders of the Secured Obligations, Obligations shall only be liable hereunder for any acts or omissions or for any error of judgment or mistake of fact or law other than their gross negligence or willful misconduct hereundergranted as provided herein. The rights and remedies of the Collateral Agent Agents and the holders of the Secured Obligations under this Security Agreement shall be cumulative and not exclusive of any other right or remedy that the Collateral Agent or the holders of the Secured Obligations may have.