Common use of Powers and Remedies Cumulative; Delay or Omission Not Waiver Clause in Contracts

Powers and Remedies Cumulative; Delay or Omission Not Waiver. Of Default. No right or remedy herein conferred upon or reserved to the Trustee or to the Holders of Notes is intended to be exclusive of any other right or remedy, and every right and remedy shall, to the extent permitted by law, be cumulative and in addition to every other right and remedy given hereunder or now or hereafter existing at law or in equity or otherwise. The assertion or employment of any right or remedy hereunder, or otherwise, shall not prevent the concurrent assertion or employment of any other appropriate right or remedy. No delay or omission of the Trustee or of any Holder of Notes to exercise any right or power accruing upon any Event of Default occurring and continuing as aforesaid shall impair any such right or power or shall be construed to be a waiver of any such Event of Default or an acquiescence therein; and, subject to Section 8.04, every right and power given by this Indenture or by law to the Trustee or to the Holders of Notes may be exercised from time to time, and as often as shall be deemed expedient, by the Trustee or by the Holders of Notes, as the case may be.

Appears in 2 contracts

Samples: Subordinated Indenture (Great Plains Energy Inc), Subordinated Indenture (Great Plains Energy Inc)

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Powers and Remedies Cumulative; Delay or Omission Not Waiver. Of of Default. ---------- No right or remedy herein conferred upon or reserved to the Trustee or to the Holders of Notes Securityholders is intended to be exclusive of any other right or remedy, and every right and remedy shall, to the extent permitted by law, be cumulative and in addition to every other right and remedy given hereunder or now or hereafter existing at law or in equity or otherwise. The assertion or employment of any right or remedy hereunder, or otherwise, shall not prevent the concurrent assertion or employment of any other appropriate right or remedy. No delay or omission of the Trustee or of any Holder of Notes any of the Securities to exercise any right or power accruing upon any Event of Default occurring and continuing as aforesaid shall impair any such right or power or shall be construed to be a waiver of any such Event of Default or an acquiescence therein; and, subject to Section 8.04the other applicable provisions of this Indenture, every right power and power remedy given by this Indenture or by law to the Trustee or to the Holders of Notes Securityholders may be exercised from time to time, and as often as shall be deemed expedient, by the Trustee or by the Holders of NotesSecurityholders. Any right or remedy herein conferred upon or reserved to the Trustee may be exercised by it in its capacity as Trustee, as the case Collateral Agent and/or as Slot Trustee, as it may bedeem most efficacious, if it is then acting in such capacity.

Appears in 1 contract

Samples: Indenture (Trans World Airlines Inc /New/)

Powers and Remedies Cumulative; Delay or Omission Not Waiver. Of of Default. No Except as provided in Section 5.6, no right or remedy herein ---------- conferred upon or reserved to the Trustee or to the Holders of Notes Securityholders is intended to be exclusive of any other right or remedy, and every right and remedy shall, to the extent permitted by law, be cumulative and in addition to every other right and remedy given hereunder or now or hereafter existing at law or in equity or otherwise. The assertion or employment of any right or remedy hereunder, or otherwise, shall not prevent the concurrent assertion or employment of any other appropriate right or remedy. No delay or omission of the Trustee or of any Holder of Notes Securityholder to exercise any right or power accruing upon any Event of Default occurring and continuing as aforesaid shall impair any such right or power or shall be construed to be a waiver of any such Event of Default or an acquiescence therein; and, subject to Section 8.045.6, every right power and power remedy given by this Indenture or by law to the Trustee Trustee, to the Securityholders or to the Holders Holder of Notes any Coupon appertaining thereto may be exercised from time to time, and as often as shall be deemed expedient, by the Trustee Trustee, the Securityholders or by the Holders of Notes, as the case may beany Coupon.

Appears in 1 contract

Samples: Indenture (Dow Chemical Co /De/)

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Powers and Remedies Cumulative; Delay or Omission Not Waiver. Of Default. No OF DEFAULT Except as provided in Section 5.6, no right or remedy herein conferred upon or reserved to the Trustee or to the Holders of Notes Securities is intended to be exclusive of any other right or remedy, and every right and remedy shall, to the extent permitted by law, be cumulative and in addition to every other right and remedy given hereunder or now or hereafter existing at law or in equity or otherwise. The assertion or employment of any right or remedy hereunder, or otherwise, shall not prevent the concurrent assertion or employment of any other appropriate right or remedy. No delay or omission of the Trustee or of any Holder of Notes Securities to exercise any right or power accruing upon any Event of Default occurring and continuing as aforesaid shall impair any such right or power or shall be construed to be a waiver of any such Event of Default or an acquiescence therein; and, subject to Section 8.04, every right . Every power and power remedy given by this Indenture Indenture, any Security or by law to the Trustee or to the Holders of Notes Securities may be exercised from time to time, and as often as shall be deemed expedient, by the Trustee or or, subject to Section 5.6, by the Holders of Notes, as the case may beSecurities.

Appears in 1 contract

Samples: Indenture (Stem, Inc.)

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