Common use of Rights and Remedies of Bank Clause in Contracts

Rights and Remedies of Bank. No delay or omission of the Bank to exercise any right or power hereunder shall impair such right or power or be construed as a waiver of any default or as acquiescence therein; and any single or partial exercise of any such right or power shall not preclude other or further exercise thereof or the exercise of any other right or power; and no waiver shall be valid unless in writing signed by the Bank, and then only to the extent specifically set forth in such writing. All rights and remedies hereunder and under any of the other Loan Documents or by law afforded shall be cumulative and all shall be available to the Bank until the Note and all other liabilities of the Borrower to the Bank have been paid in full and all obligations of the Borrower to the Bank have been satisfied.

Appears in 2 contracts

Samples: Credit and Security Agreement (Cohesant Technologies Inc), Credit and Security Agreement (Cohesant Technologies Inc)

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Rights and Remedies of Bank. No delay or omission of the Bank to exercise any right or power hereunder shall impair such right or power or be construed as a waiver of any default or as acquiescence therein; and any single or partial exercise of any such right or power shall not preclude other or further exercise thereof or the exercise of any other right or power; and no waiver shall be valid unless in writing signed by the Bank, and then only to the extent specifically set forth in such writing. , All rights and remedies hereunder and under any of the other Loan Documents or by law afforded shall be cumulative and all shall be available to the Bank until the Note Notes and all other liabilities of the Borrower to the Bank have been paid in full and all obligations of the Borrower to the Bank have been satisfied.

Appears in 1 contract

Samples: Credit Agreement (Next Inc/Tn)

Rights and Remedies of Bank. No delay or omission of the Bank to exercise any right or power hereunder shall impair such right or power or be construed as a waiver of any default or as acquiescence therein; and any single or partial exercise of any such right or power shall not preclude other or further exercise thereof or the exercise of any other right or power; and no waiver shall be valid unless in writing signed by the Bank, and then only to the extent specifically set forth in such writing. , All rights and remedies hereunder and under any of the other Loan Documents or by law afforded shall be cumulative and all shall be available to the Bank until the Note and all other liabilities of the Borrower to the Bank have been paid in full and all obligations of the Borrower to the Bank have been satisfied.

Appears in 1 contract

Samples: Credit Agreement (Next Inc/Tn)

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Rights and Remedies of Bank. No delay or omission of the Bank to exercise any right or power hereunder shall impair such right or power or be construed as a waiver of any default or as acquiescence therein; and any single or partial exercise of any such right or power shall not preclude other or further exercise thereof or the exercise of any other right or power; and no waiver shall be valid unless in writing signed by the Bank, and then only to the extent specifically set forth in such writing. , All rights and remedies hereunder and under any of the other Loan Documents or by law afforded shall be cumulative and all shall be available to the Bank until the Note Notes and all other liabilities of the Borrower to the Bank have been paid in full and all obligations of the Borrower to the Bank have been satisfied.

Appears in 1 contract

Samples: Credit Agreement (Syndicated Food Service International Inc)

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