Common use of Waiver; Remedies Cumulative Clause in Contracts

Waiver; Remedies Cumulative. A waiver signed by GECC shall be effective only in the specific instance and for the specific purpose given. Mere delay or failure to act shall not preclude the exercise or enforcement of any of GECC’s rights or remedies. All rights and remedies of GECC shall be cumulative and may be exercised singularly or concurrently, at GECC’s option, and the exercise or enforcement of any one such right or remedy shall neither be a condition to nor bar the exercise or enforcement of any other.

Appears in 14 contracts

Samples: Letter Agreement, Letter Agreement (BAD TOYS Holdings, Inc.), Letter Agreement (Southland Health Services, Inc.)

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