Common use of Waiver and Consent Clause in Contracts

Waiver and Consent. No delay or omission on the part of the Secured Party in exercising any right shall operate as a waiver of such right or any other right. A waiver by the Secured Party of a provision of this Agreement or any other agreement between or among the parties shall not prejudice or constitute a waiver of the Secured Party’s right otherwise to demand strict compliance with that provision or any other provision of this Agreement. No prior waiver by the Secured Party, nor any course of dealing between the Secured Party and Debtor, shall constitute a waiver of any of the Secured Party’s rights or of any of Debtor’s obligations as to any future transactions. Whenever the consent of the Secured Party is required under this Agreement, the granting of such consent by the Secured Party in any instance shall not constitute continuing consent to subsequent instances where such consent is required, and in all cases such consent may be granted or withheld in the reasonable discretion of the Secured Party.

Appears in 8 contracts

Samples: Security Agreement (1847 Holdings LLC), Pledge and Security Agreement (Lucy Scientific Discovery, Inc.), Pledge and Security Agreement (Cardiff Lexington Corp)

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Waiver and Consent. No delay or omission on the part of the Secured Party in exercising any right shall operate as a waiver of such right or any other right. A waiver by the Secured Party of a provision of this Agreement or any other agreement between or among the parties shall not prejudice or constitute a waiver of the Secured Party’s right otherwise to demand strict compliance with that provision or any other provision of this Agreement. No prior waiver by the Secured Party, nor any course of dealing between the Secured Party and Debtor, shall constitute a waiver of any of the Secured Party’s rights or of any of Debtor’s obligations as to any future transactions. Whenever the consent of the Secured Party is required under this Agreement, the granting of such consent by the Secured Party in any instance shall not constitute continuing consent to subsequent instances where such consent is required, required and in all cases such consent may be granted or withheld in the reasonable discretion of the Secured Party.

Appears in 6 contracts

Samples: Security and Pledge Agreement (Cardiff Lexington Corp), Security and Pledge Agreement (Cardiff Lexington Corp), Pledge and Security Agreement (Good Hemp, Inc.)

Waiver and Consent. No delay or omission on the part of the Secured Party in exercising any right shall operate as a waiver of such right or any other right. A waiver by the Secured Party of a provision of this Agreement or any other agreement between or among the parties shall not prejudice or constitute a waiver of the Secured Party’s right otherwise to demand strict compliance with that provision or any other provision of this Agreement. No prior waiver by the Secured Party, nor any course of dealing between the Secured Party and Debtor, shall constitute a subsequent waiver of any of the Secured Party’s rights or of any of Debtor’s obligations as to any future transactionsobligations. Whenever the consent of the Secured Party is required under this Agreement, the granting of such consent by the Secured Party in any instance shall not constitute continuing consent to subsequent instances where such consent is required, required and in all cases such consent may be granted or withheld in the reasonable sole discretion of the Secured Party.

Appears in 3 contracts

Samples: Security Agreement (American Electric Technologies Inc), Security Agreement (American Electric Technologies Inc), Security Agreement (American Electric Technologies Inc)

Waiver and Consent. No delay or omission on the part of the Secured Party in exercising any right shall operate as a waiver of such right or any other right. A waiver by the Secured Party of a provision of this Agreement or any other agreement between or among the parties shall not prejudice or constitute a waiver of the Secured Party’s right otherwise to demand strict compliance with that provision or any other provision of this Agreement. No prior waiver by the Secured Party, nor any course of dealing between the Secured Party and DebtorObligors, shall constitute a waiver of any of the Secured Party’s rights or of any of Debtor’s Obligors’ obligations as to any future transactions. Whenever the consent of the Secured Party is required under this Agreement, the granting of such consent by the Secured Party in any instance shall not constitute continuing consent to subsequent instances where such consent is required, required and in all cases such consent may be granted or withheld in the reasonable discretion of the Secured Party.

Appears in 1 contract

Samples: Pledge and Security Agreement (Victory Oilfield Tech, Inc.)

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Waiver and Consent. The Secured Party shall not be deemed to have waived any rights under this Agreement unless such waiver is given in writing. No delay or omission on the part of the Secured Party in exercising any right shall operate as a waiver of such right or any other right. A waiver by the Secured Party of a provision of this Agreement or any other agreement between or among the parties shall not prejudice or constitute a waiver of the Secured Party’s right otherwise to demand strict compliance with that provision or any other provision of this Agreement. No prior waiver by the Secured Party, nor any course of dealing between the Secured Party and Debtor, shall constitute a waiver of any of the Secured Party’s rights or of any of Debtor’s obligations as to any future transactions. Whenever the consent of the Secured Party is required under this Agreement, the granting of such consent by the Secured Party in any instance shall not constitute continuing consent to subsequent instances where such consent is required, required and in all cases such consent may be granted or withheld in the reasonable discretion of the Secured Party.

Appears in 1 contract

Samples: Security Agreement (Calpian, Inc.)

Waiver and Consent. No delay or omission on the part of the Secured Party in exercising any right shall operate as a waiver of such right or any other right. A waiver by the Secured Party of a provision of this Agreement or any other agreement between or among the parties shall not prejudice or constitute a waiver of the Secured Party’s right otherwise to demand strict compliance with that provision or any other provision of this Agreement. No prior waiver by the Secured Party, nor any course of dealing between the Secured Party and DebtorObligors, shall constitute a waiver of any of the Secured Party’s rights or of any of Debtor’s Obligors’ obligations as to any future transactions. Whenever the consent of the Secured Party is required under this Agreement, the granting of such consent by the Secured Party in any instance shall not constitute continuing consent to subsequent instances where such consent is required, required and in all cases such consent may be granted or withheld in the reasonable discretion of the Secured Party.

Appears in 1 contract

Samples: Security and Pledge Agreement (Nexeon Medsystems Inc)

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