Common use of Waivers and Amendments; Remedies Clause in Contracts

Waivers and Amendments; Remedies. This Agreement can be waived, modified, amended, terminated or discharged, and the Security Interest can be released, only explicitly in a writing signed by the Secured Party and the Pledgor. A waiver so signed 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 rights and remedies available to the Secured Party. All rights and remedies of the Secured Party shall be cumulative and may be exercised singly in any order or sequence, or concurrently, at the Secured Party’s option, and the exercise or enforcement of any such right or remedy shall neither be a condition to nor bar the exercise or enforcement of any other.

Appears in 8 contracts

Samples: Pledge Agreement (Graco Inc), Intercreditor and Collateral Agency Agreement, Pledge Agreement (Graco Inc)

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Waivers and Amendments; Remedies. This Agreement can be waived, modified, amended, terminated or discharged, and the Security Interest can be released, only explicitly in a writing signed by the Secured Party and the PledgorParty. A waiver so signed 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 rights and remedies available to the Secured Party. All rights and remedies of the Secured Party shall be cumulative and may be exercised singly in any order or sequence, or concurrently, at the Secured Party’s option, and the exercise or enforcement of any such right or remedy shall neither be a condition to nor bar the exercise or enforcement of any other.

Appears in 7 contracts

Samples: Pledge Agreement (Bekem Metals Inc), Pledge Agreement (Electromed, Inc.), Pledge Agreement (Global Employment Holdings, Inc.)

Waivers and Amendments; Remedies. This Agreement can be waived, modified, amended, terminated or discharged, and the Security Interest can be released, only explicitly in a writing signed by the Secured Party and the PledgorParty. A waiver so signed 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 rights and remedies available to the Secured Party. All rights and remedies of the Secured Party shall be cumulative and may be exercised singly in any order or sequence, or concurrently, at the Secured Party’s 's option, and the exercise or enforcement of any such right or remedy shall neither be a condition to nor bar the exercise or enforcement of any other.

Appears in 2 contracts

Samples: Pledge Agreement (Easton Southpaw INC), Pledge Agreement (RTW Inc /Mn/)

Waivers and Amendments; Remedies. This Agreement can be waived, modified, amended, terminated (except for termination under Section 19 hereof) or discharged, and the Security Interest can be released, only explicitly in a writing signed by the Secured Party and the PledgorParty. A waiver so signed 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 rights and remedies available to the Secured Party. All rights and remedies of the Secured Party shall be cumulative and may be exercised singly in any order or sequence, or concurrently, at the Secured Party’s option, and the exercise or enforcement of any such right or remedy shall neither be a condition to nor bar the exercise or enforcement of any other.

Appears in 1 contract

Samples: Credit Agreement (Dolan Media CO)

Waivers and Amendments; Remedies. This Agreement can be waived, modified, amended, terminated or dischargeddischarged and, and except as provided in Section 20 below, the Security Interest can be released, only explicitly in a writing signed by the Secured Party and the PledgorParty. A waiver so signed 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 rights and remedies available to the Secured Party. All rights and remedies of the Secured Party shall be cumulative and may be exercised singly in any order or sequence, or concurrently, at the Secured Party’s option, and the exercise or enforcement of any such right or remedy shall neither be a condition to nor bar the exercise or enforcement of any other.

Appears in 1 contract

Samples: Pledge Agreement (Sunlink Health Systems Inc)

Waivers and Amendments; Remedies. This Agreement can be waived, modified, amended, terminated or discharged, and the Security Interest can be released, only explicitly in a writing signed by the Secured Party and (and, in the case of a modification or amendment, by the Pledgor). A waiver so signed 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 rights and remedies available to the Secured Party. All rights and remedies of the Secured Party shall be cumulative and may be exercised singly in any order or sequence, or concurrently, at the Secured Party’s option, and the exercise or enforcement of any such right or remedy shall neither be a condition to nor bar the exercise or enforcement of any other.

Appears in 1 contract

Samples: Pledge Agreement (Winmark Corp)

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Waivers and Amendments; Remedies. This Pledge Agreement can be waived, modified, amended, terminated or discharged, discharged and the Security Interest can be released, only explicitly in a writing signed by the Secured Party and the PledgorParty. A waiver so signed 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 rights and remedies available to the Secured Party. All rights and remedies of the Secured Party shall be cumulative and may be exercised singly in any order or sequence, or concurrently, at the Secured Party’s option, and the exercise or enforcement of any such right or remedy shall neither be a condition to nor bar the exercise or enforcement of any other.

Appears in 1 contract

Samples: Pledge Agreement (Quantum Fuel Systems Technologies Worldwide Inc)

Waivers and Amendments; Remedies. This Agreement can be waived, modified, amended, terminated or discharged, and the Security Interest can be released, only explicitly in a writing signed by the Secured Party and the Pledgor. A waiver so signed 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 rights and remedies available to the Secured Party. All rights and remedies of the Secured Party shall be cumulative and may be exercised singly in any order or sequence, or concurrently, at the Secured Party’s option, and the exercise or enforcement of any such right or remedy shall neither be a condition to nor bar the exercise or enforcement of any other. Section 15.

Appears in 1 contract

Samples: Credit Agreement (Graco Inc)

Waivers and Amendments; Remedies. This Agreement can be waived, modified, amended, terminated terminated, or discharged, and the Security Interest can be released, only explicitly in a writing signed by the Secured Party and the PledgorParty. A waiver so signed 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 rights and remedies available to the Secured Party. All rights and remedies of the Secured Party shall be cumulative and may be exercised singly in any order or sequence, or concurrently, at the Secured Party’s option, and the exercise or enforcement of any such right or remedy shall neither be a condition to nor bar the exercise or enforcement of any other.

Appears in 1 contract

Samples: Pledge Agreement (Universal Electronics Inc)

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