Rights Not Impaired. No right of the Administrative Agent or any Senior Lender to enforce subordination as herein provided shall at any time in any way be prejudiced or impaired by any act or failure to act on the part of any Company Credit Party or any Venus Credit Party or by any act or failure to act, in good faith, by the Administrative Agent or any Senior Lender, or by any noncompliance by Venus or Subordinate Lender with the terms, provisions and covenants of this Agreement, regardless of any knowledge thereof the Administrative Agent or any Senior Lender may have or be otherwise charged with.
Rights Not Impaired. No right of Senior Lender to enforce subordination as herein provided shall at any time in any way be prejudiced or impaired by any act or failure to act on the part of Borrower or by any act or failure to act, in good faith, by Senior Lender, or by any noncompliance by Borrower or Subordinate Lender with the terms, provisions and covenants of this Agreement, regardless of any knowledge thereof Senior Lender may have or be otherwise charged with. Subordinate Lender consents to and covenants that, without the necessity of any reservation of rights against Subordinate Lender, and without notice to or further assent by Subordinate Lender, (a) any demand for payment of all or any part of the Senior Obligations may be rescinded in whole or in part and the Senior Obligations may be continued, and the Senior Obligations, or the liability of Borrower or any other person upon or for any part thereof, or any collateral security or guaranty therefor or right of offset with respect thereto, or any obligation or liability of Borrower or any other person under the Senior Loan Documents may, from time to time, in whole or in part, be renewed, extended, modified, accelerated, compromised, waived and surrendered, or released, and (b) the Senior Loan Documents, any document or instrument evidencing or governing the terms of the Senior Obligations or any collateral security documents or guaranties or documents in connection therewith may be amended, modified, supplemented or terminated, in whole or in part, as the Senior Lender may deem advisable from time to time, and
Rights Not Impaired. A. The Board on its own behalf, reserves and retains unto itself, without limitation, all powers, rights, authority, duties and responsibilities conferred upon and vested in it by the laws, regulations, and the Constitution of the United States of America.
B. Except as expressly provided otherwise in this Agreement, the determination and administration of school policy, the operation and management of its schools, and the direction of employees are vested exclusively in the Board, except as otherwise provided in Chapter 123, Public Law New Jersey, 1974.
Rights Not Impaired. No right of Administrative Agent or any Bank to enforce subordination as herein provided shall at any time in any way be prejudiced or impaired by any act or failure to act on the part of either Borrower or by any act or failure to act, in good faith, by Administrative Agent or any Bank, or by any noncompliance by either Borrower or Subsidiary with the terms, provisions and covenants of this Agreement, regardless of any knowledge thereof Administrative Agent or any Bank may have or be otherwise charged with.
Rights Not Impaired. 4.1 The Board of Education, on its own behalf, reserves and retains unto itself, without limitation, all powers, rights, authority, duties and responsibilities conferred upon and vested in it by the Laws, Regulations and Constitution of the State of New Jersey, and of the United States of America.
4.2 Except as expressly provided otherwise in this Agreement the determination of school policy, the operation and management of the schools and the direction of employees, are vested exclusively in the Board of Education.
4.3 Retained and reserved is the right among others to establish and enforce reasonable work rules relating to the duties and responsibilities of Employees and their working conditions, which are not inconsistent with the provisions of this Agreement or violated by law.
4.4 Working conditions in effect as of the date of this Agreement shall be made part of this Agreement by reference, as though spelled out at length.
Rights Not Impaired. The lien, security interest and other security rights of the Mortgagee hereunder shall not be impaired by any indulgence, moratorium or release granted by the Mortgagee, including, but not limited to: (a) any renewal, extension or modification which the Mortgagee may grant with respect to any of the Obligations; (b) any surrender, compromise, release, renewal, extension, exchange or substitution which the Mortgagee may grant in respect of the Security Property, or any part thereof or any interest therein; or
Rights Not Impaired. The subordination effected pursuant to ------------------- and the rights of the holders of Senior Debt under this SECTION 7 shall not be impaired by any exercise or non-exercise by any such holder of any right, power or remedy under or in respect of any Senior Debt or any instrument or agreement relating thereto or evidencing any security therefor, or any act or failure to act on the part of any Obligor or any holder of Senior Debt, or by any non- compliance by any Obligor with the terms, provisions or covenants hereof, regardless of the knowledge thereof by any holder of Senior Debt, or any waiver, consent, release, indulgence, extension, renewal, modification, delay or other action, inaction or omission, in respect of any Senior Debt or any instrument or agreement relating thereto or any security therefor or guaranty thereof, whether or not any Noteholder had knowledge of any of the foregoing. The Noteholders agree, with respect to the Senior Debt and any and all collateral therefor and guaranties thereof, that the Obligors and the holders of the Senior Debt may agree to increase the amount of the Senior Debt (subject to the limitations set forth in the definition of Company Senior Debt
Rights Not Impaired. In the event of any failure to consummate the transactions contemplated by this Agreement for other than a permitted termination of this Agreement in accordance with the provisions of Section 12.1(a) or (b) or (c) hereof, no provision of this Agreement shall impair, limit or otherwise affect the right of any party hereto to xxx and collect damages from any Person for breach of contract, including, without limitation, for breach of any representations, warranties or covenants contained herein. If termination results from the exercise of a party's right of termination under Section12.1(a) or (b) or (c) hereof, this Agreement shall terminate and the transactions contemplated hereby shall be abandoned without further action or remedy by any party.
Rights Not Impaired. Nothing contained in this Lease shall be construed to diminish, limit, or restrict any right, prerogative, or authority of the Government over the Leased Premises relating to the security or mission of the Installation, the health, welfare, safety, or security of persons on the Installation, or the maintenance of good order and discipline on the Installation, as established in law, regulation, or military custom.
Rights Not Impaired. No right of Senior Lender to enforce subordination as herein provided shall at any time in any way be prejudiced or impaired by any act or failure to act on the part of the Borrower or by any act or failure to act, in good faith, by Senior Lender, or by any noncompliance by the Borrower or the Subordinate Trade Creditor with the terms, provisions and covenants of this Agreement, regardless of any knowledge thereof Senior Lender may have or be otherwise charged, with.
