Common use of Preservation and No Waiver of Rights Clause in Contracts

Preservation and No Waiver of Rights. 7.1 Each Borrower and each Obligor acknowledges and agrees that nothing contained in this Agreement, or the performance of the respective obligations under this Agreement, constitutes or shall be construed or deemed to constitute an amendment, modification or waiver of, or otherwise serve to impair, the rights, remedies, defenses, or claims of OFID under the OFID Loan Agreement, any other Transaction Document or applicable law, all of which are specifically preserved. The provisions of this Agreement are not intended to be, nor shall they be construed or deemed to be, a cure, satisfaction, reinstatement, novation, or release of any of the obligations of any Borrower or any other Obligor under the OFID Loan Agreement or any other Transaction Document, or of any prior, existing, or future default or acceleration right thereunder, including with respect to the Current Events of Default. For the avoidance of doubt, (a) OFID shall not be deemed to have waived compliance with any provision of, or covenants under, the OFID Loan Agreement or any other Transaction Document, including with respect to the Current Events of Default and (b) the foregoing reservation of rights does not negate the Forbearance during the term of the Forbearance Period as specifically provided in this Agreement.

Preservation and No Waiver of Rights. 7.1 Each Borrower and each Obligor acknowledges and agrees that nothing contained in this Agreement, or the performance of the respective obligations under this Agreement, constitutes or shall be construed or deemed to constitute an amendment, modification or waiver of, or otherwise serve to impair, the rights, remedies, defenses, or claims of OFID under the OFID Loan Agreement, any other Transaction Document or applicable law, all of which are specifically preserved. The provisions of this Agreement are not intended to be, nor shall they be construed or deemed to be, a cure, satisfaction, reinstatement, novation, or release of any of the obligations of any Borrower or any other Obligor under the OFID Loan Agreement or any other Transaction Document, or of any prior, existing, or future default or acceleration right thereunder, including with respect to the Current Events of Default. For the avoidance of doubt, (a) OFID shall not be deemed to have waived compliance with any provision of, or covenants under, the OFID Loan Agreement or any other Transaction Document, including with respect to the Current Events of Default and (b) the foregoing reservation of rights does not negate the Forbearance during the term of the Forbearance Period as specifically provided in this Agreement.

Preservation and No Waiver of Rights. 7.1 Each The Borrower and each Obligor acknowledges the Guarantor acknowledge and agrees agree that nothing contained in this Agreement, or the performance of the their respective obligations under this Agreement, constitutes or shall be construed or deemed to constitute an amendment, modification or waiver of, or otherwise serve to impair, the rights, remedies, defenses, or claims of OFID IFC under the OFID IFC Loan Agreement, any other Transaction Document or applicable law, all of which are specifically preserved. The provisions of this Agreement are not intended to be, nor shall they be construed or deemed to be, a cure, satisfaction, reinstatement, novation, or release of any of the obligations of any the Borrower or any other Obligor the Guarantor under the OFID IFC Loan Agreement or any other Transaction Document, or of any prior, existing, or future default or acceleration right thereunder, including with respect to the Current Events of Default. For the avoidance of doubt, (a) OFID IFC shall not be deemed to have waived compliance with any provision of, or covenants under, the OFID IFC Loan Agreement or any other Transaction Document, including with respect to the Current Events of Default and (b) the foregoing reservation of rights does not negate the Forbearance during the term of the Forbearance Period as specifically provided in this Agreement.

Preservation and No Waiver of Rights. 7.1 Each Borrower and each Obligor acknowledges and agrees that nothing contained in this Agreement, or the performance of the respective obligations under this Agreement, constitutes or shall be construed or deemed to constitute an amendment, modification or waiver of, or otherwise serve to impair, the rights, remedies, defenses, or claims of OFID IFC under the OFID IFC Loan Agreement, any other Transaction Document or applicable law, all of which are specifically preserved. The provisions of this Agreement are not intended to be, nor shall they be construed or deemed to be, a cure, satisfaction, reinstatement, novation, or release of any of the obligations of any Borrower or any other Obligor under the OFID IFC Loan Agreement or any other Transaction Document, or of any prior, existing, or future default or acceleration right thereunder, including with respect to the Current Events of Default. For the avoidance of doubt, (a) OFID IFC shall not be deemed to have waived compliance with any provision of, or covenants under, the OFID IFC Loan Agreement or any other Transaction Document, including with respect to the Current Events of Default and (b) the foregoing reservation of rights does not negate the Forbearance during the term of the Forbearance Period as specifically provided in this Agreement.

Preservation and No Waiver of Rights. 7.1 Each Borrower and the Guarantor each Obligor acknowledges and agrees that nothing contained in this Agreement, or the performance of the respective obligations under this Agreement, constitutes or shall be construed or deemed to constitute an amendment, modification or waiver of, or otherwise serve to impair, the rights, remedies, defenses, or claims of OFID IFC under the OFID IFC Loan Agreement, any other Transaction Document or applicable law, all of which are specifically preserved. The provisions of this Agreement are not intended to be, nor shall they be construed or deemed to be, a cure, satisfaction, reinstatement, novation, or release of any of the obligations of any Borrower or any other Obligor the Guarantor under the OFID IFC Loan Agreement or any other Transaction Document, or of any prior, existing, or future default or acceleration right thereunder, including with respect to the Current Events of Default. For the avoidance of doubt, (a) OFID IFC shall not be deemed to have waived compliance with any provision of, or covenants under, the OFID IFC Loan Agreement or any other Transaction Document, including with respect to the Current Events of Default and (b) the foregoing reservation of rights does not negate the Forbearance during the term of the Forbearance Period as specifically provided in this Agreement.