Nonwaiver and Nonexclusive Rights and Remedies. (a) No right or remedy herein conferred upon or reserved to U. S. Bank is intended to be to the exclusion of any other right or remedy, but each and every such right or remedy shall be cumulative and shall be in addition to every other right or remedy given hereunder and now or hereafter existing at law or in equity. (b) No delay or omission by U. S. Bank in exercising any right or remedy accruing upon an Event of Default shall impair any such right or remedy, or shall be construed to be a waiver of any such Event of Default, or an acquiescence therein, nor shall it affect any subsequent Event of Default of the same or of a different nature.
Appears in 3 contracts
Samples: Security Agreement (New West Eyeworks Inc), Security Agreement (Gargoyles Inc), Credit Agreement (Apex Pc Solutions Inc)
Nonwaiver and Nonexclusive Rights and Remedies. (a) No right or remedy herein conferred upon or reserved to U. S. U.S. Bank is intended to be to the exclusion of any other right or remedy, but each and every such right or remedy shall be cumulative and shall be in addition to every other right or remedy given hereunder and now or hereafter existing at law or in equity.
(b) No delay or omission by U. S. U.S. Bank in exercising any right or remedy accruing upon an Event of Default shall impair any such right or remedy, or shall be construed to be a waiver of any such Event of Default, or an acquiescence therein, nor shall it affect any subsequent Event of Default of the same or of a different nature.
Appears in 2 contracts
Samples: Credit Agreement (Redhook Ale Brewery Inc), Credit Agreement (Redhook Ale Brewery Inc)
Nonwaiver and Nonexclusive Rights and Remedies. (a) No right or remedy herein conferred upon or reserved to U. S. Bank is intended to be to the exclusion of any other right or remedy, but each and every such right or remedy shall be cumulative and shall be in addition to every other right or remedy given hereunder and now or hereafter existing at law or in equity.
(b) No delay or omission by U. S. Bank in exercising any right or remedy accruing upon an Event of Default shall impair any such right or remedy, or 15 shall be construed to be a waiver of any such Event of Default, or an acquiescence therein, nor shall it affect any subsequent Event of Default of the same or of a different nature.
Appears in 1 contract
Samples: Security Agreement (Gargoyles Inc)