Common use of Rights, Remedies, Powers Clause in Contracts

Rights, Remedies, Powers. Each and every right, remedy and power granted to Lessor hereunder shall be cumulative and in addition to any other right, remedy or power herein specifically granted or now or hereafter existing in equity, at law, by virtue of any statute or otherwise and may be exercised by Lessor from time to time concurrently or independently and as often and in such order as Lessor may deem expedient. Any failure, partial exercise, or delay on the part of Lessor in exercising any such right, remedy or power, or abandonment or discontinuance of steps to enforce the same, shall not operate as a waiver thereof or affect Lessor's right thereafter to exercise the same.

Appears in 2 contracts

Samples: Lease Agreement (Good Times Restaurants Inc), Lease Agreement (Good Times Restaurants Inc)

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Rights, Remedies, Powers. Each and every right, remedy and power granted to Lessor Lender hereunder shall be cumulative and in addition to any other right, remedy or power herein specifically granted or now or hereafter existing in equity, at law, or by virtue of any statute or otherwise and may be exercised by Lessor Lender from time to time concurrently or independently and as often and in such order as Lessor Lender may deem expedient. Any failure, partial exercise, failure or delay on the part of Lessor Lender in exercising any such right, remedy or power, or abandonment or discontinuance of steps to enforce the same, shall not operate as a waiver thereof or affect Lessor's Lender’s right thereafter to exercise the same.

Appears in 2 contracts

Samples: Loan Agreement (Green Power Energy Holdings Corp), Loan Agreement (Green Power Energy Holdings Corp)

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