Common use of Delay in Enforcement; No Waiver Clause in Contracts

Delay in Enforcement; No Waiver. The Lender can choose to delay or not to enforce any of its rights under this Agreement without losing such rights. If the Lender chooses not to exercise or enforce any of its rights, each Loan Party, agrees that the Lender is not waiving the right to enforce such rights at a later time or any of its other rights. Any waiver of the Lender's rights under this Agreement must be in writing.

Appears in 2 contracts

Samples: Loan and Collateral Account Agreement (Transcor Waste Services Inc), Loan and Collateral Account Agreement (Luter Joseph W Iii)

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Delay in Enforcement; No Waiver. The Lender can choose to delay or not to enforce any of its rights under this Agreement without losing such rights. If the Lender chooses not to exercise or enforce any of its rights, each Loan Party, the Borrower agrees that the Lender is not waiving the right to enforce such rights at a later time or any of its other rights. Any waiver of the Lender's rights under this Agreement must be in writing.

Appears in 2 contracts

Samples: Loan Agreement (Sierra Health Services Inc), Loan Agreement (Sierra Health Services Inc)

Delay in Enforcement; No Waiver. The Lender can choose to delay or not to enforce any of its rights under this Agreement without losing such rights. If the Lender chooses choose not to exercise or enforce any of its such rights, each Loan Party, the Borrower agrees that the Lender is not waiving the right to enforce such rights at a later time or any of its other rights. Any waiver of the Lender's rights under this Agreement must be in writing.

Appears in 1 contract

Samples: Loan Agreement (Merrill Lynch Sr Float Rate Fd)

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Delay in Enforcement; No Waiver. The Lender can may choose to delay or not to enforce any of its rights under this Agreement without losing such rights. If the Lender chooses not to exercise or enforce any of its rights, each Loan Party, Party agrees that the Lender is not waiving the right to enforce such rights at a later time or any of its other rights. Any waiver of the Lender's ’s rights under this Agreement must be in writing.

Appears in 1 contract

Samples: Loan and Collateral Account Agreement (Group 1 Automotive Inc)

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