Common use of Delay in Enforcement Clause in Contracts

Delay in Enforcement. The liability of Borrower under this Note is unconditional and shall not be affected by any extension of time, renewal, waiver or any other modification whatsoever, granted or consented to by the holder. Any failure by the holder to exercise any right it may have under this Note is not a waiver of the holder’s right to exercise the same or any other right at any other time.

Appears in 4 contracts

Samples: Loan and Security Agreement (Griffin Land & Nurseries Inc), Master Lease (Griffin Industrial Realty, Inc.), Loan and Security Agreement (Griffin Industrial Realty, Inc.)

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Delay in Enforcement. The liability of Borrower and any subsequent endorser, indemnitor or other accommodation maker under this Note is unconditional and shall not be affected by any an extension of time, renewal, waiver or any other modification whatsoever, granted or consented to by the holderHolder. Any failure by the holder Holder to exercise any right it may have under this Note is not a waiver of the holderHolder’s right to exercise the same or any other right at any other time.

Appears in 1 contract

Samples: Mortgage Note (Sachem Capital Corp.)

Delay in Enforcement. The liability of Borrower or any co-Borrower, endorser or guarantor under this Note is unconditional and shall not be affected by any extension of time, renewal, waiver or any other modification whatsoever, granted or consented to by the holder. Any failure by the holder to exercise any right it may have under this Note is not a waiver of the holder’s right to exercise the same or any other right at any other time.

Appears in 1 contract

Samples: GTJ REIT, Inc.

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Delay in Enforcement. The liability of Borrower or any co-Borrower, endorser or guarantor under this Note is unconditional and shall not be affected by any extension of time, renewal, waiver or any other modification whatsoever, granted or consented to by the holder. Any failure by the holder to exercise any right it may have under this Note is not a waiver of the holder’s right to exercise the same or any other right at any other time. 10.

Appears in 1 contract

Samples: Loan and Security Agreement (GTJ REIT, Inc.)

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