Common use of Waiver of Remedies Clause in Contracts

Waiver of Remedies. No delay or failure on the part of a Credit Party in the exercise of any right or remedy it may have against any Guarantor hereunder or otherwise shall operate as a waiver thereof, and no single or partial exercise by a Credit Party of any such right or remedy shall preclude any other or further exercise thereof or the exercise of any other such right or remedy. The remedies provided in this guaranty are not cumulative.

Appears in 22 contracts

Samples: Term Loan Agreement, Guaranty (Taubman Centers Inc), Revolving Credit and Term Loan Agreement (Taubman Centers Inc)

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Waiver of Remedies. No delay or failure on the part of a Credit Party in the exercise of any right or remedy it may have against any Guarantor hereunder or otherwise shall operate as a waiver thereof, and no single or partial exercise by a Credit Party of any such right or remedy shall preclude any other or further exercise thereof or the exercise of any other such right or remedy. The remedies provided in this guaranty are not cumulative.

Appears in 10 contracts

Samples: Credit Agreement (Colonial Realty Limited Partnership), Term Loan Agreement (Colonial Properties Trust), Guaranty (Colonial Realty Limited Partnership)

Waiver of Remedies. No delay or failure on the part of a Credit Party in the exercise of any right or remedy it may have against any the Guarantor hereunder or otherwise shall operate as a waiver thereof, and no single or partial exercise by a Credit Party of any such right or remedy shall preclude any other or further exercise thereof or the exercise of any other such right or remedy. The remedies provided in this guaranty are not cumulative.

Appears in 1 contract

Samples: Guaranty (Taubman Centers Inc)

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Waiver of Remedies. No delay or failure on the part of a Credit Party in the exercise of any right or remedy it may have against any Guarantor hereunder or otherwise shall operate as a waiver thereof, and no single or partial exercise by a Credit Party of any such right or remedy shall preclude any other or further exercise thereof or the exercise of any other such right or remedy. The remedies provided in this guaranty are cumulative and not cumulativeexclusive of any rights or remedies which any Credit Party may otherwise have under Applicable Law.

Appears in 1 contract

Samples: Term Loan Agreement (Columbia Property Trust, Inc.)

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