Common use of Rights cumulative, non-exclusive Clause in Contracts

Rights cumulative, non-exclusive. The rights, powers, and privileges specifically granted to the Beneficiary under this Deed of Trust (hereinafter collectively called “Rights) are not in limitation of but in addition to those which it is entitled under any general or local law, now or hereafter existing. The Rights to which the Beneficiary may be entitled shall inure to the benefit of its, successors and assigns. All of the Rights of the Beneficiary are cumulative and not alternative and may be enforced successively or concurrently. Failure of the Beneficiary to exercise any of its Rights shall not impair any of its Rights nor be deemed to apply to any other such Rights nor shall any waiver be effective unless in writing and signed by the party waiving the right.

Appears in 4 contracts

Samples: Purchase Dpcca Regulatory Agreement, Purchase Dpcca Regulatory Agreement, Purchase Dpcca Regulatory Agreement

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