Common use of INDULGENCE Clause in Contracts

INDULGENCE. 4.1. No failure by the LENDER to exercise any of the rights it is entitled to under this Agreement or set forth in law or indulgence with any non-compliance or non-performance by the BORROWER with any condition or of any obligation agreed upon herein shall constitute a novation or prevent the future exercise of such rights by the LENDER at any time.

INDULGENCE. 4.1. No failure by the LENDER Lender to exercise any of the rights it is entitled to under this Agreement or set forth in law or indulgence with any non-compliance or non-performance by the BORROWER Borrower with any condition or of any obligation agreed upon herein shall constitute a novation or prevent the future exercise of such rights by the LENDER Lender at any time.