Common use of Preservation of Rights Clause in Contracts

Preservation of Rights. No delay or omission on the Bank’s part to exercise any right or power arising hereunder will impair any such right or power or be considered a waiver of any such right or power, nor will the Bank’s action or inaction impair any such right or power. The Bank’s rights and remedies hereunder are cumulative and not exclusive of any other rights or remedies which the Bank may have under other agreements, at law or in equity.

Appears in 46 contracts

Samples: Loan Agreement (VerifyMe, Inc.), Security Agreement (Research Solutions, Inc.), Security Agreement (Research Solutions, Inc.)

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Preservation of Rights. No delay or omission on the Bank’s part of the Bank to exercise any right or power arising hereunder will impair any such right or power or be considered a waiver of any such right or powerpower or any acquiescence therein, nor will the Bank’s action or inaction of the Bank impair any such right or powerpower arising hereunder. The Bank’s 's rights and remedies hereunder are cumulative and not exclusive of any other rights or remedies which the Bank may have under other agreements, at law or in equity.

Appears in 17 contracts

Samples: Term Loan Credit Agreement (Champion Industries Inc), Security Agreement (Azurel LTD), Security Agreement (Informax Inc)

Preservation of Rights. No delay or omission on the Bank’s part to exercise any right or power arising hereunder will impair any such right or power or be considered a waiver of any such right or power, nor will the Bank’s Bank s action or inaction impair any such right or power. The Bank’s rights and remedies hereunder are cumulative and not exclusive of any other rights or remedies which the Bank may have under other agreements, at law or in equity.

Appears in 13 contracts

Samples: Loan Agreement (Preformed Line Products Co), Loan Agreement (Lsi Industries Inc), Loan Agreement (Lsi Industries Inc)

Preservation of Rights. No delay or omission on the Bank’s 's part to exercise any right or power arising hereunder will impair any such right or power or be considered a waiver of any such right or power, nor will the Bank’s 's action or inaction impair any such right or power. The Bank’s 's rights and remedies hereunder are cumulative and not exclusive of any other rights or remedies which the Bank may have under other agreements, at law or in equity. The Bank may proceed in any order against the Borrower, the Guarantor or any other obligor of, or collateral securing, the Obligations.

Appears in 6 contracts

Samples: Loan Agreement (Media Sciences International Inc), Letter Agreement (Ii-Vi Inc), Guaranty and Suretyship Agreement (Kansas City Power & Light Co)

Preservation of Rights. No delay or omission on the Bank’s part to exercise any right or power arising hereunder will impair any such right or power or be considered a waiver of any such right or power, nor will the Bank’s action or inaction impair any such right or power. The Bank’s rights and remedies hereunder are cumulative and not exclusive of any other rights or remedies which the Bank may have under other agreements, at law or in equity. The Bank may proceed in any order against the Borrower, the Guarantor or any other obligor of, or collateral securing, the Obligations.

Appears in 6 contracts

Samples: Guaranty Agreement (Environmental Tectonics Corp), Guaranty and Suretyship Agreement (Impac Mortgage Holdings Inc), Guaranty and Suretyship Agreement (Impac Mortgage Holdings Inc)

Preservation of Rights. No delay or omission on the Bank’s part to exercise any right or power arising hereunder will impair any such right or power or be considered a waiver of any such right or power, nor will the Bank’s action or inaction impair any such right or power. The Bank’s rights and remedies hereunder are cumulative and not exclusive of any other rights or remedies which the Bank may have under other agreements, at law or in equity. The Bank may proceed in any order against the Borrower, the Guarantor or any obligor of, or any collateral securing, the Obligations.

Appears in 6 contracts

Samples: Limited Guaranty Agreement, Guaranty Agreement (Miscor Group, Ltd.), Guaranty Agreement (Miscor Group, Ltd.)

Preservation of Rights. No delay or omission on the Bank’s 's part to exercise any right or power arising hereunder will impair any such right or power or be considered a waiver of any such right or power, nor will the Bank’s 's action or inaction impair any such right or power. The Bank’s 's rights and remedies hereunder are cumulative and not exclusive of any other rights or remedies which the Bank may have under other agreements, at law or in equity.

Appears in 6 contracts

Samples: Security Agreement (Arotech Corp), Loan Agreement (Laser Master International Inc), Loan Agreement (Media Sciences International Inc)

Preservation of Rights. No delay or omission on the Bank’s part of the Bank to exercise any right or power arising hereunder will impair any such right or power or be considered a waiver of any such right or powerpower or any acquiescence therein, nor will the Bank’s action or inaction of the Bank impair any such right or powerpower arising hereunder. The Bank’s rights and remedies hereunder of the Bank are cumulative and not exclusive of any other rights or remedies which the Bank may have under other agreements, at law or in equity.

Appears in 5 contracts

Samples: Loan Agreement (Otg Software Inc), Loan Agreement (Bethlehem Corp), Loan Agreement (Bethlehem Corp)

Preservation of Rights. No delay or omission on the Bank’s 's part to ---------------------- exercise any right or power arising hereunder will impair any such right or power or be considered a waiver of any such right or power, nor will the Bank’s 's action or inaction impair any such right or power. The Bank’s 's rights and remedies hereunder are cumulative and not exclusive of any other rights or remedies which the Bank may have under other agreements, at law or in equity. The Bank may proceed in any order against the Borrower, the Guarantor or any other obligor of, or collateral securing, the Obligations.

Appears in 4 contracts

Samples: Guaranty and Suretyship Agreement (RMH Teleservices Inc), Guaranty and Suretyship Agreement (RMH Teleservices Inc), Guaranty and Suretyship Agreement (RMH Teleservices Inc)

Preservation of Rights. No delay or omission on the Bank’s part to exercise any right or power arising hereunder will impair any such right or power or be considered a waiver of any such right or power, nor will the Bank’s action or inaction impair any such right or power. The Bank’s rights and remedies hereunder are cumulative and not exclusive of any other rights or remedies which the Bank may have under other agreements, at law or in equity. The Bank may proceed in any order against the Borrower, the Guarantor or any other obligor of, or any collateral securing, the Obligations.

Appears in 4 contracts

Samples: Guaranty and Suretyship Agreement (VerifyMe, Inc.), Guaranty and Suretyship Agreement (Liberator Medical Holdings, Inc.), Guaranty and Suretyship Agreement (Liberator Medical Holdings, Inc.)

Preservation of Rights. No delay or omission on the Bank’s 's part to ---------------------- exercise any right or power arising hereunder will impair any such right or power or be considered a waiver of any such right or power, nor will the Bank’s 's action or inaction impair any such right or power. The Bank’s 's rights and remedies hereunder are cumulative and not exclusive of any other rights or remedies which the Bank may have under other agreements, at law or in equity.

Appears in 4 contracts

Samples: Security Agreement (RMH Teleservices Inc), Security Agreement (RMH Teleservices Inc), Security Agreement (RMH Teleservices Inc)

Preservation of Rights. No delay or omission on the Bank’s part of the Bank to exercise any right or power arising hereunder will impair any such right or power power, or be considered a waiver of any such right or powerpower or any acquiescence therein, nor will the Bank’s action or inaction of the Bank impair any such right or powerpower arising hereunder. The Bank’s 's rights and remedies hereunder are cumulative and not exclusive of any other rights or remedies which the Bank may have under other agreements, at law or in equity.

Appears in 3 contracts

Samples: Term Loan and Security Agreement (Merrimac Industries Inc), Term Loan and Security Agreement (Merrimac Industries Inc), Credit and Security Agreement (Merrimac Industries Inc)

Preservation of Rights. No delay or omission on the Bank’s part to exercise any right or power arising hereunder will impair any such right or power or be considered a waiver of any such right or power, nor will the Bank’s action or inaction impair any such right or power. The Bank’s rights and remedies hereunder are cumulative and not exclusive of any other rights or remedies which the Bank may have under other agreements, at law or in equity. The Bank may proceed in any order against the Borrower, the Guarantor or any obligor of, or collateral securing, the Obligations.

Appears in 3 contracts

Samples: Guaranty Agreement (Evans Bob Farms Inc), Guaranty Agreement (Evans Bob Farms Inc), Credit Agreement (Ceco Environmental Corp)

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Preservation of Rights. No delay or omission on the Bank’s 's part ---------------------- to exercise any right or power arising hereunder will impair any such right or power or be considered a waiver of any such right or power, nor will the Bank’s 's action or inaction impair any such right or power. The Bank’s 's rights and remedies hereunder are cumulative and not exclusive of any other rights right or remedies which the Bank may have under other agreements, at law or in equity. The Bank may proceed in any order against the Borrower, the Guarantor or any other obligor of, or collateral securing, the Obligations.

Appears in 2 contracts

Samples: Credit Agreement (Dover Downs Entertainment Inc), Credit Agreement (Dover Downs Gaming & Entertainment Inc)

Preservation of Rights. No delay or omission on the Bank’s 's part to exercise any right or power arising hereunder will impair any such right or power or be considered a waiver of any such right or power, nor will the Bank’s Bank s action or inaction impair any such right or power. The Bank’s 's rights and remedies hereunder are cumulative and not exclusive of any other rights or remedies which the Bank may have under other agreements, at law or in equity.

Appears in 2 contracts

Samples: Loan Agreement (Media Sciences International Inc), Loan Agreement (Dataram Corp)

Preservation of Rights. No delay or omission on the Bank’s Bank s part to exercise any right or power arising hereunder will impair any such right or power or be considered a waiver of any such right or power, nor will the Bank’s Bank s action or inaction impair any such right or power. The Bank’s 's rights and remedies hereunder are cumulative and not exclusive of any other rights or remedies which the Bank may have under other agreements, at law or in equity.

Appears in 1 contract

Samples: Loan Agreement (Strategic Diagnostics Inc/De/)

Preservation of Rights. No delay or omission on the Bank’s 's part to exercise any right or power arising hereunder will impair any such right or power or be considered a waiver of any such right or power, nor will the Bank’s 's action or inaction impair any such right or power. The Bank’s 's rights and remedies hereunder are cumulative and not exclusive of any other rights or remedies remedies, which the Bank may have under other agreements, at law or in equity.

Appears in 1 contract

Samples: Security Agreement (Sanchez Computer Associates Inc)

Preservation of Rights. No delay or omission on the Bank’s part of the Bank ---------------------- to exercise any right or power arising hereunder will impair any such right or power or be considered a waiver of any such right or powerpower or any acquiescence therein, nor will the Bank’s action or inaction of the Bank impair any such right or powerpower arising hereunder. The Bank’s rights and remedies hereunder of the Bank are cumulative and not exclusive of any other rights or remedies which the Bank may have under other agreements, at law or in equity.

Appears in 1 contract

Samples: Loan Agreement (Itxc Corp)

Preservation of Rights. No delay or omission on the Bank’s 's part to exercise any right or power arising hereunder will impair any such right or power or be considered a waiver of any such right or power, nor will the Bank’s Bank s action or inaction impair any such right or power. The Bank’s 's rights and remedies hereunder are cumulative and not exclusive of any other rights or remedies which the Bank may have under other agreements, at law or in equity.

Appears in 1 contract

Samples: Export Import Loan Agreement (Environmental Tectonics Corp)

Preservation of Rights. No delay or omission on the Bank’s 's part to exercise any right or power arising hereunder will impair any such right or power or be considered a waiver of any such right or power, nor will the Bank’s Bank 's action or inaction impair any such right or power. The Bank’s 's rights and remedies hereunder are cumulative and not exclusive of any other rights or remedies which the Bank may have under other agreements, at law or in equity.

Appears in 1 contract

Samples: Loan Agreement (Acrodyne Communications Inc)

Preservation of Rights. No delay or omission on the Bank’s part of the Bank to exercise any right or power arising hereunder will impair any such right or power or be considered a waiver of any such right or powerpower or any acquiescence therein, nor will the Bank’s action or inaction of the Bank impair any such right or power. power arising hereunder, The Bank’s 's rights and remedies hereunder are cumulative and not exclusive of any other rights or remedies which the Bank may have under other agreements, at law or in equity.

Appears in 1 contract

Samples: Security Agreement (Vastera Inc)

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