Common use of Nonwaiver of Rights of Obligee Clause in Contracts

Nonwaiver of Rights of Obligee. No right or power of Obligee under this agreement shall be deemed to have been waived by any act or conduct on the part of Obligee, or by any neglect to exercise that right or power, or by any delay in so doing; and every right or power shall continue in full force and effect until specifically waived or released by an instrument in writing executed by Obligee.

Appears in 2 contracts

Samples: Guaranty Agreement, Novation Agreement (Unico Inc /Nm/)

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Nonwaiver of Rights of Obligee. No right or power of Obligee under this agreement shall be deemed to have been waived by any act or conduct on the part of Obligee, or by any neglect to exercise that right or power, or by any delay in so doing; and every right or power shall continue in full force and effect until specifically waived or released by an instrument in writing executed by Obligee.. S1_EX-67<PAGE>

Appears in 1 contract

Samples: Novation Agreement (Intermountain Refining Co Inc)

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Nonwaiver of Rights of Obligee. No right or power of Obligee under this agreement shall be deemed to have been waived by any act or conduct on the part of Obligee, or by any neglect to exercise that right or power, or by any delay in so doing; and every right or power shall continue in full force and effect until specifically waived or released by an instrument in writing executed by Obligee.. S1_EX-65<PAGE>

Appears in 1 contract

Samples: Novation Agreement (Intermountain Refining Co Inc)

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