Common use of Cumulative Rights; No Waiver Clause in Contracts

Cumulative Rights; No Waiver. Each and every right granted to the Lender hereunder or under any other document delivered in connection herewith, or allowed it by law or equity, shall be cumulative and not exclusive and may be exercised from time to time. No failure on the part of the Lender to exercise, and no delay in exercising, any right will operate as a waiver thereof, nor will any single or partial exercise by the Lender of any right preclude any other or future exercise thereof or the exercise of any other right.

Appears in 10 contracts

Samples: Credit Agreement (Reckson Associates Realty Corp), Credit Agreement (Vornado Operating Inc), Credit Agreement (Reckson Services Industries Inc)

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Cumulative Rights; No Waiver. Each and every right granted to the Lender hereunder or under any other document delivered in connection herewith, or allowed it the Lender by law or equity, shall be cumulative and not exclusive and may be exercised from time to time. No failure on the part of the Lender to exercise, and no delay in exercising, any right will operate as a waiver thereof, nor will any single or partial exercise by the Lender of any right preclude any other or future exercise thereof or the exercise of any other right.

Appears in 3 contracts

Samples: Credit Agreement (Miravant Medical Technologies), Credit Agreement (Pharmacia & Upjohn Inc), Credit Agreement (Miravant Medical Technologies)

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Cumulative Rights; No Waiver. Each and every right granted to the Lender Custodian hereunder or under any other document delivered hereunder or in connection herewith, or allowed it by law or equity, shall be cumulative and not exclusive and may be exercised from time to time. No failure on the part of the Lender Custodian to exercise, and no delay in exercising, any right will operate as a waiver thereof, nor will any single or partial exercise by the Lender Custodian of any right preclude any other or future exercise thereof or the exercise of any other right.

Appears in 1 contract

Samples: Credit Agreement (Odyssey Re Holdings Corp)

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