Common use of Waivers and remedies cumulative Clause in Contracts

Waivers and remedies cumulative. The rights of the Funding 1 Liquidity Facility Provider under the Funding 1 Liquidity Documents: (a) may be exercised as often as necessary; (b) are cumulative and not exclusive of its rights under the general law; and (c) may be waived only in writing and specifically. Delay in exercising or non-exercise of any such right is not a waiver of that right.

Appears in 12 contracts

Samples: Funding Liquidity Facility Agreement (Permanent Mortgages Trustee LTD), Funding Liquidity Facility Agreement (Permanent Mortgages Trustee LTD), Funding Liquidity Facility Agreement (Permanent Financing (No. 6) PLC)

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Waivers and remedies cumulative. The rights of the Funding 1 Liquidity Facility Provider under the Funding 1 Liquidity Documents: (a) may be exercised as often as necessary; (b) are cumulative and not exclusive of its rights under the general law; and and (c) may be waived only in writing and specifically. Delay in exercising or non-exercise of any such right is not a waiver of that right.

Appears in 1 contract

Samples: Funding Liquidity Facility Agreement (Permanent Mortgages Trustee LTD)

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