Remedies Cumulative; Waivers. The rights, powers and remedies of Administrative Agent under this Agreement and the Security Instrument shall be cumulative and not exclusive of any other right, power or remedy which Administrative Agent may have against Borrower pursuant to this Agreement or the other Loan Documents, or existing at law or in equity or otherwise. Administrative Agent’s rights, powers and remedies may be pursued singly, concurrently or otherwise, at such time and in such order as Administrative Agent may determine in Administrative Agent’s sole discretion. No delay or omission to exercise any remedy, right or power accruing upon an Event of Default shall impair any such remedy, right or power or shall be construed as a waiver thereof, but any such remedy, right or power may be exercised from time to time and as often as may be deemed expedient. A waiver of one Default or Event of Default with respect to Borrower, Guarantor or any Transaction Party shall not be construed to be a waiver of any subsequent Default or Event of Default by Borrower, Guarantor or any Transaction Party or to impair any remedy, right or power consequent thereon.
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Samples: Loan and Security Agreement (Strategic Hotels & Resorts, Inc), Loan and Security Agreement (Strategic Hotels & Resorts, Inc), Loan and Security Agreement (Strategic Hotels & Resorts, Inc)
Remedies Cumulative; Waivers. The rights, powers and remedies of Lenders and the Administrative Agent under this Agreement and the Security Instrument other Credit Documents shall be cumulative and not exclusive of any other right, power or remedy which Lenders and the Administrative Agent may have against Borrower the Credit Parties and the Guarantor pursuant to this Agreement or the other Loan Credit Documents, or existing at law or in equity or otherwise. Administrative Agent’s The rights, powers and remedies of Lenders and the Administrative Agent may be pursued singly, concurrently or otherwise, at such time and in such order as Lenders or the Administrative Agent may determine in Administrative Agent’s their/its sole discretion. No delay or omission to exercise any remedy, right or power accruing upon an Event of Default shall impair any such remedy, right or power or shall be construed as a waiver thereof, but any such remedy, right or power may be exercised from time to time and as often as may be deemed expedient. A waiver of one Default or Event of Default with respect to Borrower, any Credit Party or Guarantor or any Transaction Party shall not be construed to be a waiver of any subsequent Default or Event of Default by Borrower, any Credit Party or Guarantor or any Transaction Party or to impair any remedy, right or power consequent thereon.
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Samples: Credit Agreement (Toys R Us Inc)
Remedies Cumulative; Waivers. The rights, powers and remedies of Administrative Agent under this Agreement and the Security Instrument other Loan Documents shall be cumulative and not exclusive of any other right, power or remedy which Administrative Agent may have against Borrower or any other Person pursuant to this Agreement or the other Loan Documents, or existing at law or in equity or otherwise. Administrative Agent’s rights, powers and remedies may be pursued singly, concurrently or otherwise, at such time and in such order as Administrative Agent may determine in Administrative Agent’s sole discretion. No delay or omission to exercise any remedy, right or power accruing upon an Event of Default shall impair any such remedy, right or power or shall be construed as a waiver thereof, but any such remedy, right or power may be exercised from time to time and as often as may be deemed expedient. A waiver of one Default or Event of Default with respect to Borrower, Guarantor or any Transaction Party shall not be construed to be a waiver of any subsequent Default or Event of Default by Borrower, Guarantor or any Transaction Party or to impair any remedy, right or power consequent thereon.
Appears in 1 contract
Samples: Loan and Security Agreement (Morgans Hotel Group Co.)
Remedies Cumulative; Waivers. The rights, powers and remedies of Administrative Agent Lender under this Agreement and the Security Instrument shall be cumulative and not exclusive of any other right, power or remedy which Administrative Agent Lender may have against Borrower Borrower, Operating Lessee and any other Loan Party pursuant to this Agreement or the other Loan Documents, or existing at law or in equity or otherwise. Administrative AgentLender’s rights, powers and remedies may be pursued singlysingularly, concurrently or otherwise, at such time and in such order as Administrative Agent Lender may determine in Administrative AgentLender’s sole discretion. No delay or omission to exercise any remedy, right or power accruing upon an Event of Default shall impair any such remedy, right or power or shall be construed as a waiver thereof, but any such remedy, right or power may be exercised from time to time and as often as may be deemed expedient. A waiver of one (1) Default or Event of Default with respect to Borrower, Guarantor Operating Lessee or any Transaction other Loan Party shall not be construed to be a waiver of any subsequent Default or Event of Default by Borrower, Guarantor Operating Lessee or any Transaction such other Loan Party or to impair any remedy, right or power consequent thereon.
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Remedies Cumulative; Waivers. The rights, powers and remedies of Administrative Agent and the Lenders under this Agreement and the Security Instrument shall be cumulative and not exclusive of any other right, power or remedy which Administrative Agent may have against Borrower and/or Hotel Lessee pursuant to this Agreement or the other Loan Documents, or existing at law or in equity or otherwise. Administrative Agent’s rights, powers and remedies may be pursued singly, concurrently or otherwise, at such time and in such order as Administrative Agent may determine in Administrative Agent’s sole discretion. No delay or omission to exercise any remedy, right or power accruing upon an Event of Default shall impair any such remedy, right or power or shall be construed as a waiver thereof, but any such remedy, right or power may be exercised from time to time and as often as may be deemed expedient. A waiver of one Default or Event of Default with respect to Borrower, Hotel Lessee or Guarantor or any Transaction Party shall not be construed to be a waiver of any subsequent Default or Event of Default by Borrower, Hotel Lessee or Guarantor or any Transaction Party or to impair any remedy, right or power consequent thereon.
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Remedies Cumulative; Waivers. The rights, powers and remedies of Administrative Agent and the Lenders under this Agreement and the Security Instrument Pledge Agreement shall be cumulative and not exclusive of any other right, power or remedy which Administrative Agent may have against Borrower pursuant to this Agreement or the other Loan Documents, or existing at law or in equity or otherwise. Administrative Agent’s rights, powers and remedies may be pursued singly, concurrently or otherwise, at such time and in such order as Administrative Agent may determine in Administrative Agent’s sole discretion. No delay or omission to exercise any remedy, right or power accruing upon an Event of Default shall impair any such remedy, right or power or shall be construed as a waiver thereof, but any such remedy, right or power may be exercised from time to time and as often as may be deemed expedient. A waiver of one Default or Event of Default with respect to Borrower, Borrower or Guarantor or any Transaction Party shall not be construed to be a waiver of any subsequent Default or Event of Default by Borrower, Borrower or Guarantor or any Transaction Party or to impair any remedy, right or power consequent thereon.
Appears in 1 contract
Samples: Mezzanine Loan and Security Agreement (NRI Real Token Inc.)
Remedies Cumulative; Waivers. The rights, powers and remedies of Administrative Agent and Lender under this Agreement and the Security Instrument shall be cumulative and not exclusive of any other right, power or remedy which Administrative Agent and Lender may have against Borrower pursuant to this Agreement or the other Loan Documents, or existing at law or in equity or otherwise. Administrative Agent’s and Xxxxxx’s rights, powers and remedies may be pursued singlysingularly, concurrently or otherwise, at such time and in such order as Administrative Agent and Lender may determine in Administrative Agent’s their sole discretion. No delay or omission to exercise any remedy, right or power accruing upon an Event of Default shall impair any such remedy, right or power or shall be construed as a waiver thereof, but any such remedy, right or power may be exercised from time to time and as often as may be deemed expedient. A waiver of one Default or Event of Default with respect to Borrower, Guarantor or any Transaction Party Borrower shall not be construed to be a waiver of any subsequent Default or Event of Default by Borrower, Guarantor or any Transaction Party Borrower or to impair any remedy, right or power consequent thereon.. Section
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