Common use of Waiver, Delay or Omission Clause in Contracts

Waiver, Delay or Omission. No waiver of any Event of Default hereunder shall extend to or affect any subsequent or any other Event of Default then existing, or impair any rights, powers or remedies consequent thereon, and no delay or omission of Mortgagee to exercise any right, power or remedy shall be construed to waive any such Event of Default or to constitute acquiescence therein.

Appears in 10 contracts

Samples: Open End Mortgage Deed (AstroNova, Inc.), Mortgage, Assignment of Rents, Security Agreement and Fixture Filing (KBS Real Estate Investment Trust II, Inc.), Fee and Leasehold Mortgage, Assignment of Leases and Rents and Security Agreement (Inland Diversified Real Estate Trust, Inc.)

AutoNDA by SimpleDocs

Waiver, Delay or Omission. No waiver of any Event of Default hereunder shall extend to or affect any subsequent Event of Default or any other Event of Default then existing, or impair any rights, powers or remedies consequent thereon, and no delay or omission of Mortgagee Lender to exercise any right, power or remedy shall be construed to waive any such Event of Default or to constitute acquiescence therein.

Appears in 3 contracts

Samples: Loan Agreement (Rci Hospitality Holdings, Inc.), Loan Agreement (Rci Hospitality Holdings, Inc.), Loan Agreement (Rci Hospitality Holdings, Inc.)

Waiver, Delay or Omission. No waiver of any Event of Default hereunder shall extend to or affect any subsequent or any other Event of Default then existing, or impair any rights, powers or remedies consequent thereon, and no delay or omission of Mortgagee to exercise any right, power or remedy shall be construed to waive any such Event of Default or to constitute acquiescence therein.

Appears in 3 contracts

Samples: Loan Agreement (Acadia Realty Trust), Loan Agreement (Acadia Realty Trust), Mortgage, Assignment of Leases and Rents and Security Agreement (Acadia Realty Trust)

AutoNDA by SimpleDocs

Waiver, Delay or Omission. No waiver of any Event of Default hereunder shall extend to or affect any subsequent or any other Event of Default then existing, or impair any rights, powers or remedies consequent thereon, and no delay or omission of Mortgagee Agent to exercise any right, power or remedy shall be construed to waive any such Event of Default or to constitute acquiescence therein.

Appears in 1 contract

Samples: Loan Agreement (Prime Group Realty Trust)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!