Indulgence; Modifications. No delay or failure of Lender to exercise any right, power or privilege hereunder shall affect such right, power or privilege, nor shall any single or partial exercise thereof preclude any further exercise thereof, nor the exercise of any other right, power or privilege. The rights of Lender hereunder are cumulative and are not exclusive of any rights or remedies which Lender would otherwise have accept as modified herein. No amendment, modification, supplement, termination, consent or waiver of or to any provision of this Agreement or the Loan Documents, nor any consent to any departure therefrom, shall in any event be effective unless the same shall be in writing and signed by or on behalf of Lender.
Appears in 5 contracts
Samples: Second Loan Extension Agreement (Elio Motors, Inc.), Forbearance Agreement (Dpac Technologies Corp), Forbearance Agreement (Elio Motors, Inc.)
Indulgence; Modifications. No delay or failure of Lender to exercise any right, power or privilege hereunder shall affect such right, power or privilege, privilege nor shall any single or partial exercise thereof preclude any further exercise thereof, nor the exercise of any other right, power or privilege. The rights of Lender hereunder are cumulative and are not exclusive of any rights or remedies which Lender would otherwise have accept except as modified herein. No amendment, modification, supplement, termination, consent or waiver of or to any provision of this Agreement Agreement, the Credit Agreements or the Loan Documents, nor any consent to any departure therefrom, shall in any event be effective unless the same shall be in writing and signed by or on behalf of Lender.
Appears in 4 contracts
Samples: Forbearance Agreement (Franklin Credit Management Corp/De/), Tribeca Forbearance Agreement (Franklin Credit Management Corp/De/), Tribeca Forbearance Agreement (Franklin Credit Management Corp/De/)