Reservation of Rights; No Waiver. As a result of the Existing Defaults, Lender is permitted to exercise its default rights and remedies as provided in the Credit Agreement without further notice or demand. All new advances continue to be in the sole discretion of Lender and neither the entering into this Amendment nor the making of additional advances by Lender waives any of the default rights and remedies of Lender under Section 13.02 of the Credit Agreement or otherwise. All default rights and remedies of Lender are therefore reserved.
Appears in 6 contracts
Samples: Credit and Security Agreement (Mendocino Brewing Co Inc), Credit and Security Agreement (Mendocino Brewing Co Inc), Credit and Security Agreement (Mendocino Brewing Co Inc)
Reservation of Rights; No Waiver. As a result of the Existing Defaults, Lender is permitted to exercise its default rights and remedies as provided in the Credit Agreement without further notice or demand. All new advances continue to be in the sole discretion of Lender and neither the entering into this Amendment nor the making of additional advances by Lender waives any of the default rights and remedies of Lender under Section 13.02 of the Credit Agreement or otherwiseAgreement. All default rights and remedies of Lender are therefore reserved.
Appears in 3 contracts
Samples: Credit and Security Agreement (Mendocino Brewing Co Inc), Credit and Security Agreement (Mendocino Brewing Co Inc), Credit and Security Agreement (Mendocino Brewing Co Inc)
Reservation of Rights; No Waiver. As a result of the Existing Defaults, Lender is permitted to exercise its default rights and remedies as provided in the Credit Agreement without further notice or demand. All new advances continue to be in the sole discretion of Lender and neither the entering into this Amendment nor the making of additional advances by Lender waives any of the default rights and remedies of Lender under Section 13.02 of the Credit Agreement or otherwise. All default rights and remedies of Lender are therefore reserved.
Appears in 1 contract
Samples: Credit and Security Agreement (Mendocino Brewing Co Inc)
Reservation of Rights; No Waiver. As a result of the Existing Defaults, Lender is permitted to exercise exercisc its default rights and remedies as provided in the Credit Agreement without further notice or demand. All new advances continue to be in the sole discretion of Lender and neither the entering into this Amendment nor the making of additional advances by Lender waives any of the default rights and remedies of Lender under Section 13.02 of the Credit Agreement or otherwise. All default rights and remedies of Lender are therefore reserved.
Appears in 1 contract
Samples: Credit and Security Agreement (Mendocino Brewing Co Inc)