Rights Cumulative; No Waiver. Each and every right, power and remedy herein given to Secured Parties, Administrative Agent and Collateral Agent specifically or otherwise in this Agreement shall be cumulative and shall be in addition to every other right, power and remedy herein specifically given or now or hereafter existing at law, in equity or by statute, and each and every right, power and remedy whether specifically herein given or otherwise existing may be exercised from time to time and as often and in such order as may be deemed expedient by Administrative Agent or Collateral Agent, and the exercise or the beginning of the exercise of any power or remedy shall not be construed to be a waiver of the right to exercise at the same time or thereafter any other right, power or remedy. No delay or omission by Indenture Trustee, any Secured Party, Administrative Agent or Collateral Agent in the exercise of any right, remedy or power or in the pursuance of any remedy shall impair any such right, power or remedy or be construed to be a waiver of any default on the part of Lessor, Lessee or Guarantor or to be an acquiescence therein.
Appears in 3 contracts
Samples: Participation Agreement (Universal Compression Inc), Participation Agreement (Universal Compression Holdings Inc), Participation Agreement (BRL Universal Equipment Corp)
Rights Cumulative; No Waiver. Each and every right, power and remedy herein given to Secured Parties, Administrative Agent Lenders and the Collateral Agent specifically or otherwise in this Agreement shall be cumulative and shall be in addition to every other right, power and remedy herein specifically given or now or hereafter existing at law, in equity or by statute, and each and every right, power and remedy whether specifically herein given or otherwise existing may be exercised from time to time and as often and in such order as may be deemed expedient by Administrative Agent the Majority Lenders or the Collateral Agent, and the exercise or the beginning of the exercise of any power or remedy shall not be construed to be a waiver of the right to exercise at the same time or thereafter any other right, power or remedy. No delay or omission by Indenture Trusteethe Administrative Agent, any Secured Party, Administrative Agent Lender or the Collateral Agent in the exercise of any right, remedy or power or in the pursuance of any remedy shall impair any such right, power or remedy or be construed to be a waiver of any default on the part of LessorBorrower, Lessee or Guarantor or to be an acquiescence therein.
Appears in 2 contracts
Samples: Loan Agreement (Universal Compression Inc), Loan Agreement (Universal Compression Holdings Inc)
Rights Cumulative; No Waiver. Each and every right, power and remedy herein given to Secured Parties, Administrative Agent Lenders and Collateral Agent Security Trustee specifically or otherwise in this Agreement shall be cumulative and shall be in addition to every other right, power and remedy herein specifically given or now or hereafter existing at law, in equity or by statute, and each and every right, power and remedy whether specifically herein given or otherwise existing may be exercised from time to time and as often and in such order as may be deemed expedient by Administrative Agent the Majority Lenders or Collateral AgentSecurity Trustee, and the exercise or the beginning of the exercise of any power or remedy shall not be construed to be a waiver of the right to exercise at the same time or thereafter any other right, power or remedy. No delay or omission by Indenture TrusteeAgent, any Secured Party, Administrative Agent Lender or Collateral Agent Security Trustee in the exercise of any right, remedy or power or in the pursuance of any remedy shall impair any such right, power or remedy or be construed to be a waiver of any default on the part of Lessor, Lessee Obligees or Guarantor Obligor or to be an acquiescence therein.
Appears in 2 contracts
Samples: Participation Agreement (Harman International Industries Inc /De/), Participation Agreement (Harman International Industries Inc /De/)
Rights Cumulative; No Waiver. Each and every right, ----------------------------- power and remedy herein given to Secured Parties, Administrative Agent and Collateral Agent specifically or otherwise in this Agreement shall be cumulative and shall be in addition to every other right, power and remedy herein specifically given or now or hereafter existing at law, in equity or by statute, and each and every right, power and remedy whether specifically herein given or otherwise existing may be exercised from time to time and as often and in such order as may be deemed expedient by Administrative Agent or Collateral Agent, and the exercise or the beginning of the exercise of any power or remedy shall not be construed to be a waiver of the right to exercise at the same time or thereafter any other right, power or remedy. No delay or omission by Indenture Trustee, any Secured Party, Administrative Agent or Collateral Agent in the exercise of any right, remedy or power or in the pursuance of any remedy shall impair any such right, power or remedy or be construed to be a waiver of any default on the part of Lessor, Lessee or Guarantor or to be an acquiescence therein.
Appears in 1 contract
Samples: Participation Agreement (BRL Universal Equipment Corp)
Rights Cumulative; No Waiver. Each and every right, power and remedy herein given to Secured Parties, Administrative Agent Lender and Collateral Agent Security Trustee specifically or otherwise in this Agreement shall be cumulative and shall be in addition to every other right, power and remedy herein specifically given or now or hereafter existing at law, in equity or by statute, and each and every right, power and remedy whether specifically herein given or otherwise existing may be exercised from time to time and as often and in such order as may be deemed expedient by Administrative Agent Lender or Collateral AgentSecurity Trustee, and the exercise or the beginning of the exercise of any power or remedy shall not be construed to be a waiver of the right to exercise at the same time or thereafter any other right, power or remedy. No delay or omission by Indenture Trustee, any Secured Party, Administrative Agent Lender or Collateral Agent Security Trustee in the exercise of any right, remedy or power or in the pursuance of any remedy shall impair any such right, power or remedy or be construed to be a waiver of any default on the part of Lessor, Lessee Obligee or Guarantor Obligor or to be an acquiescence therein.
Appears in 1 contract
Samples: Participation Agreement (Harman International Industries Inc /De/)