Effect of Waiver and Other Circumstances. (A) No delay or omission of the Master Trustee or of any Registered Owner to exercise any right or power arising upon the occurrence of an Event of Default shall impair any right or power or shall be construed to be a waiver of any such default or to be an acquiescent therein.
Appears in 3 contracts
Samples: Master Trust Agreement, Master Trust Agreement, Master Trust Agreement
Effect of Waiver and Other Circumstances. (Aa) No delay or omission of the Master Trustee or of any Registered Owner to exercise any right or power arising upon the occurrence of an Event of Default shall impair any right or power or shall be construed to be a waiver of any such default or to be an acquiescent therein.
Appears in 1 contract
Samples: Trust Agreement
Effect of Waiver and Other Circumstances. (Aa) No delay or omission of the Master Trustee or of any Registered Owner Bondholder to exercise any right or power arising upon the occurrence of an Event of Default shall impair any right or power or shall be construed to be a waiver of any such default or to be an acquiescent therein.
Appears in 1 contract
Samples: Trust Agreement
Effect of Waiver and Other Circumstances. (A) No delay or omission of the Master Trustee or of any Registered Owner to exercise any right or power arising upon the occurrence happening of an Event of Default shall impair any right or power or shall be construed to be a waiver of any such default or to be an acquiescent acquiescence therein.
Appears in 1 contract
Samples: Trust Indenture
