Exercise of rights by Secured Party Sample Clauses

Exercise of rights by Secured Party. If the Secured Party exercises a right, power or remedy25 in connection with this document, that exercise is taken not to be an exercise of a right, power or remedy under the PPSA unless the Secured Party states otherwise at the time of exercise. However, this clause does not apply to a right, power or remedy which can only be exercised under the PPSA.
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Exercise of rights by Secured Party. Secured Party shall have and may exercise all of the rights, powers, privileges, and remedies (all of which are collectively referred to as remedies) contained in the Loan Documents and under this Agreement, or that may now or later be provided by law for the holder of a security interest. No delay or omission of Secured Party to exercise any such remedy shall impair any remedy or be a waiver of any event of default under this Agreement. Any single or partial exercise of any such remedies shall not preclude other or further exercise of them. No waiver of any remedy shall be valid unless in writing signed by Secured Party and then only to the extent specifically set forth.
Sample 1
Exercise of rights by Secured Party. Secured Party shall have and may exercise all of the rights, powers, privileges and remedies (all of which are collectively referred to as remedies) contained in the Loan Documents or that may now or in the future be provided by law for the holder of a security interest under the Uniform Commercial Code as adopted by the state of Tennessee. No delay or omission of Secured Party to exercise any such remedy shall impair any remedy or be a waiver of any event of default under this agreement. Any single or partial exercise of any such remedies shall not preclude other or further exercise of them. No waiver of any remedy shall be valid unless in writing signed by Secured Party and then only to the extent specifically set forth. SECTION TWELVE
Sample 1

Related to Exercise of rights by Secured Party

  • Exercise of Rights No failure or delay on the part of any party to exercise any right, power or privilege under this Agreement and no course of dealing between the Seller and the Purchaser shall operate as a waiver thereof, nor shall any single or partial exercise of any right, power or privilege under this Agreement preclude any other or further exercise thereof or the exercise of any other right, power or privilege. Except as set forth in Section 6(h) of this Agreement, the rights and remedies herein expressly provided are cumulative and not exclusive of any rights or remedies which any party would otherwise have pursuant to law or equity. No notice to or demand on any party in any case shall entitle such party to any other or further notice or demand in similar or other circumstances, or constitute a waiver of the right of either party to any other or further action in any circumstances without notice or demand.

  • Exercise of Right No failure or delay on the part of either Party in exercising any right, power, or privilege hereunder, and no course of dealing between the Parties, shall operate as a waiver thereof; nor shall any single or partial exercise of any right, power, or privilege hereunder preclude any other or further exercise thereof or the exercise of any other right, power, or privilege.

  • Exercise of Rights and Remedies Except as otherwise provided herein, no delay of or omission in the exercise of any right, power or remedy accruing to any party as a result of any breach or default by any other party under this Agreement shall impair any such right, power or remedy, nor shall it be construed as a waiver of or acquiescence in any such breach or default, or of any similar breach or default occurring later; nor shall any waiver of any single breach or default be deemed a waiver of any other breach or default occurring before or after that waiver.

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