Common use of Strict Compliance Clause in Contracts

Strict Compliance. Any waiver by the Lender of any breach or any term or condition of this Agreement, the other Loan Documents or the Subsidiary Documents shall not be deemed a waiver of any other breach, nor shall any failure to enforce any provision of this Agreement, the other Loan Documents or the Subsidiary Documents operate as a waiver of such provision or of any other provision, nor constitute nor be deemed a waiver or release of Borrower for anything arising out of, connected with or based upon this Agreement, the other Loan Documents or the Subsidiary Documents.

Appears in 7 contracts

Sources: Loan Agreement (Digital Recorders Inc), Convertible Loan Agreement (Gasco Energy Inc), Convertible Loan Agreement (Obsidian Enterprises Inc)

Strict Compliance. Any waiver by the Lender Lenders of any breach or any term or condition of this Agreement, the other Loan Documents or the Subsidiary Documents shall not be deemed a waiver of any other breach, nor shall any failure to enforce any provision of this Agreement, the other Loan Documents or the Subsidiary Documents operate as a waiver of such provision or of any other provision, nor constitute nor be deemed a waiver or release of Borrower for anything arising out of, connected with or based upon this Agreement, the other Loan Documents or the Subsidiary Documents.

Appears in 3 contracts

Sources: Convertible Loan Agreement (La Man Corporation), Convertible Loan Agreement (Lifequest Medical Inc), Convertible Loan Agreement (Newcare Health Corp)

Strict Compliance. Any waiver by the Lender Lenders of any breach or any term or condition of this Agreement, the other Loan Documents or the Subsidiary Documents shall not be deemed a waiver of any other breach, nor shall any failure to enforce any provision of this Agreement, the other Loan Documents or the Subsidiary Documents operate as a waiver of such provision or of any other provision, nor constitute nor be deemed a waiver or release of Borrower for anything arising out of, connected with or based upon this Agreement, Agreement or the other Loan Documents or the Subsidiary Documents.

Appears in 1 contract

Sources: Convertible Loan Agreement (Simtek Corp)

Strict Compliance. Any waiver by the Lender of any breach or any term or condition of this Agreement, Loan Agreement or the other Loan Documents or the Subsidiary Documents shall not be deemed a waiver of any other breach, nor shall any failure to enforce any provision of this Agreement, Loan Agreement or the other Loan Documents or the Subsidiary Documents operate as a waiver of such provision or of any other provision, nor constitute nor be deemed a waiver or release of the Borrower for anything arising out of, connected connect with or based upon this Agreement, Loan Agreement or the other Loan Documents or the Subsidiary Documents.

Appears in 1 contract

Sources: Convertible Debenture Loan Agreement (Contour Medical Inc)

Strict Compliance. Any waiver by the Lender of any breach or any term or condition of this Agreement, Loan Agreement or the other Loan Documents or the Subsidiary Documents shall not be deemed a waiver of any other breach, nor shall any failure to enforce any provision of this Agreement, Loan Agreement or the other Loan Documents or the Subsidiary Documents operate as a waiver of such provision or of any other provision, nor constitute nor be deemed a waiver or release of the Borrower for anything arising out of, connected with or based upon this Agreement, Loan Agreement or the other Loan Documents or the Subsidiary Documents.

Appears in 1 contract

Sources: Convertible Debenture Loan Agreement (Packaging Research Corp)