Common use of Waiver by the Bank Clause in Contracts

Waiver by the Bank. The Bank may waive any default or remedy any default without waiving the default remedied or any other prior or subsequent default. The Bank's failure to exercise any right or take any action under this Security Agreement shall not constitute a waiver of that or any other right or action.

Appears in 3 contracts

Samples: Security Agreement (Maximus Inc), Security Agreement (Doughties Foods Inc), Security Agreement (Doughties Foods Inc)

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Waiver by the Bank. The Bank may waive any default or remedy any default without waiving the default remedied or any other prior period or subsequent default. The Bank's failure to exercise any right or take any action under this Security Agreement shall not constitute a waiver of that or any other right or action. 17.

Appears in 1 contract

Samples: Security Agreement (Metro Information Services Inc)

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