Waiver; Election of Remedies. A waiver by either party of a breach of a provision of this Instrument shall not constitute a waiver of or prejudice the party's right otherwise to demand strict compliance with that provision or any other provision. Election by METLIFE to pursue any remedy shall not exclude pursuit of any other remedy, and all remedies of METLIFE under this Instrument are cumulative and not exclusive. An election to make expenditures or take action to perform an obligation of Borrower shall not affect METLIFE's right to declare a default and exercise its remedies under this Instrument.
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Samples: Mortgage, Security Agreement, Assignment of Leases and Rents, and Fixture Filing (Secom General Corp), Commercial Deed of Trust (Nations Flooring Inc), Mortgage Security Agreement (Jevic Transportation Inc)
Waiver; Election of Remedies. A waiver by either party of a breach of a provision of this Instrument shall not constitute a waiver of or prejudice the party's ’s right otherwise to demand strict compliance with that provision or any other provision. Election by METLIFE Mortgagee to pursue any remedy shall not exclude pursuit of any other remedy, and all remedies of METLIFE Mortgagee under this Instrument are cumulative and not exclusive. An election to make expenditures or take action to perform an obligation of Borrower shall not affect METLIFE's Mortgagee’s right to declare a default and exercise its remedies under this Instrument.
Appears in 3 contracts
Samples: Mortgage (Meritage Hospitality Group Inc /Mi/), Mortgage, Security Agreement, Assignment of Leases and Rents, and Fixture Filing (Featherlite Inc), Mortgage, Security Agreement, Assignment of Leases and Rents and Fixture Filing (Maui Land & Pineapple Co Inc)
Waiver; Election of Remedies. A waiver by either party of a breach ---------------------------- of a provision of this Instrument shall not constitute a waiver of or prejudice the party's right otherwise to demand strict compliance with that provision or any other provision. Election by METLIFE to pursue any remedy shall not exclude pursuit of any other remedy, and all remedies of METLIFE under this Instrument are cumulative and not exclusive. An election to make expenditures or take action to perform an obligation of Borrower shall not affect METLIFE's right to declare a default and exercise its remedies under this Instrument.
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Waiver; Election of Remedies. A waiver by either party of a breach of a provision of this Instrument shall not constitute a waiver of or prejudice the party's ’s right otherwise to demand strict compliance with that provision or any other provision. Election by METLIFE Mortgagee to pursue any remedy shall not exclude pursuit of any other remedy, and all remedies of METLIFE Mortgagee under this Instrument are cumulative and not exclusive. An election to make expenditures or take action to perform an obligation of Borrower Mortgagor shall not affect METLIFE's Mortgagee’s right to declare a default and exercise its remedies under this Instrument.
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Waiver; Election of Remedies. A waiver by either party of a ---------------------------- breach of a provision of this Instrument shall not constitute a waiver of or prejudice the party's right otherwise to demand strict compliance with that provision or any other provision. Election by METLIFE to pursue any remedy shall not exclude pursuit of any other remedy, and all remedies of METLIFE under this Instrument are cumulative and not exclusive. An election to make expenditures or take action to perform an obligation of Borrower shall not affect METLIFE's right to declare a default and exercise its remedies under this Instrument.
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