Common use of Waiver; Election of Remedies Clause in Contracts

Waiver; Election of Remedies. A waiver by any party of a breach of a provision of this Assignment shall not constitute a waiver of or prejudice the party's rights otherwise to demand strict compliance with that provision or any other provision. Election by Lender to pursue any remedy shall not exclude pursuit of any other remedy, and an election to make expenditures or take action to perform an obligation of Grantor under this Assignment after failure of Grantor to perform shall not affect Lender's right to declare a default and exercise its remedies under this Assignment.

Appears in 2 contracts

Samples: Loan and Security Agreement (Snowdance Inc), Business Loan Agreement (Jameson Inns Inc)

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Waiver; Election of Remedies. A waiver by any party of a breach of a provision of this Assignment Mortgage shall not constitute a waiver of or prejudice the party's ’s rights otherwise to demand strict compliance with that provision or any other provision. Election by Lender to pursue any remedy shall not exclude pursuit of any other remedy, and an election to make expenditures or take action to perform an obligation of Grantor under this Assignment Mortgage after failure of Grantor to perform shall not affect Lender's right to declare a default and exercise its remedies under this AssignmentMortgage.

Appears in 1 contract

Samples: Agreement for Sale of Real Estate

Waiver; Election of Remedies. A waiver by any party of a breach of a provision of this Assignment shall not constitute a waiver of or prejudice the party's rights otherwise to demand strict compliance with that provision or any other provision. Election by the Lender to pursue any remedy shall not exclude pursuit of any other remedy, and an election to make expenditures or take action to perform an obligation of Grantor under this Assignment after failure of Grantor to perform shall not affect LenderXxxxxx's right to declare a default and exercise its his remedies under this Assignment.

Appears in 1 contract

Samples: Assignment of Rents

Waiver; Election of Remedies. A waiver by any party of a breach of a provision of this Assignment Mortgage shall not constitute a waiver of or prejudice the party's ’s rights otherwise to demand strict compliance with that provision or any other provision. Election by Lender Xxxxxx to pursue any remedy shall not exclude pursuit of any other remedy, and an election to make expenditures or take action to perform an obligation of Grantor under this Assignment Mortgage after failure of Grantor to perform shall not affect LenderXxxxxx's right to declare a default and exercise its remedies under this AssignmentMortgage.

Appears in 1 contract

Samples: K Mart Redevelopment Agreement

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Waiver; Election of Remedies. A waiver by any party of a breach of a provision of this Assignment Mortgage shall not constitute a waiver of or prejudice the party's rights otherwise to demand strict compliance with that provision or any other provision. Election by Lender to pursue any remedy shall not exclude pursuit of any other remedy, and an election to make expenditures or take action to perform an obligation of Grantor or Borrower under this Assignment Mortgage after failure of Grantor or Borrower to perform shall not affect Lender's right to declare a default and exercise its remedies under this AssignmentMortgage.

Appears in 1 contract

Samples: Loan and Security Agreement (Snowdance Inc)

Waiver; Election of Remedies. A waiver by any party of a breach of a provision of this Assignment Mortgage shall not constitute a waiver of or prejudice the party's rights otherwise to demand strict compliance with that provision or any other provision. Election by Lender to pursue any remedy shall not exclude pursuit of any other remedy, and an election to make expenditures or take action to perform an obligation of Grantor under this Assignment Mortgage after failure of Grantor to perform shall not affect Lender's right to declare a default and exercise its remedies under this AssignmentMortgage.

Appears in 1 contract

Samples: Mortgage (Prime Cellular Inc)

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