Common use of Failure or Delay Clause in Contracts

Failure or Delay. No failure or delay on the part of Bank in the exercise of any power, right, remedy or privilege under this Agreement shall operate as a waiver thereof, nor shall any single or partial exercise of any such power, right, remedy, or privilege preclude other or further exercise of any other power, right, remedy, or privilege.

Appears in 1 contract

Samples: Revolving Credit Agreement (Amwest Insurance Group Inc)

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Failure or Delay. No failure or delay on the part of Bank in the exercise of any power, right, remedy right or privilege under this Agreement or the Collateral Documents shall operate as a waiver wavier thereof, nor shall any single or partial exercise of any such power, right, remedy, right or privilege preclude other or further exercise of any other power, right, remedy, right or privilege.

Appears in 1 contract

Samples: Credit Agreement (Chemi Trol Chemical Co)

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Failure or Delay. No failure or delay on the part of Bank in the exercise of any power, right, remedy right or privilege under this Agreement Agreement, the Note or the Collateral Documents shall operate as a waiver thereof, nor shall any single or partial exercise of any such power, right, remedy, right or privilege preclude other or further exercise of any other power, right, remedy, right or privilege.

Appears in 1 contract

Samples: Loan Agreement (Ohio Art Co)

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