Common use of Indulgences, Not Waivers Clause in Contracts

Indulgences, Not Waivers. Lender's failure, at any time or times hereafter, to require strict performance by Borrower of any provision of this Agreement shall not waive, affect or diminish any right of Lender thereafter to demand strict compliance and performance therewith. Any suspension or waiver by Lender of an Event of Default by Borrower under this Agreement or any of the other Loan Documents shall not suspend, waive or affect any other Event of Default by Borrower under this Agreement or any of the other Loan Documents, whether the same is prior or subsequent thereto and whether of the same or of a different type. None of the undertakings, agreements, warranties, covenants and representations of Borrower contained in this Agreement or any of the other Loan Documents and no Event of Default by Borrower under this Agreement or any of the other Loan Documents shall be deemed to have been suspended or waived by Lender, unless such suspension or waiver is by an instrument in writing specifying such suspension or waiver and is signed by a duly authorized representative of Lender and directed to Borrower.

Appears in 7 contracts

Samples: Loan and Security Agreement (Theragenics Corp), Loan and Security Agreement (Lowrance Electronics Inc), Loan Agreement (Friedmans Inc)

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Indulgences, Not Waivers. Lender's The failure, at any time or times hereafter, ----------------------- to require strict performance by Borrower of any provision of this Agreement shall not waive, affect or diminish any right of Lender thereafter to demand strict compliance and performance therewith. Any suspension or waiver by Lender of an Event of Default by Borrower under this Agreement or any of the other Loan Documents shall not suspend, waive or affect any other Event of Default by Borrower under this Agreement or any of the other Loan Documents, whether the same is prior or subsequent thereto and whether of the same or of a different type. None of the undertakings, agreements, warranties, covenants and representations of Borrower contained in this Agreement or any of the other Loan Documents and no Event of Default by Borrower under this Agreement or any of the other Loan Documents shall be deemed to have been suspended or waived by Lender, unless such suspension or waiver is by an instrument in writing specifying such suspension or waiver and is signed by a duly authorized representative of Lender and directed to Borrower.

Appears in 5 contracts

Samples: Subordinated Note Agreement (Fox Family Worldwide Inc), Subordinated Note Agreement (Fox Television Stations Inc /De/), Subordinated Note Agreement (Fox Family Worldwide Inc)

Indulgences, Not Waivers. Lender's failure, at any time or times hereafter, to require strict performance by Borrower of any provision of this Agreement shall not waive, affect or diminish any right of Lender thereafter to demand strict compliance and performance therewith. Any suspension or waiver by Lender of an Event of Default by Borrower under this Agreement or any of the other Loan Documents Other Agreements shall not suspend, waive or affect any other Event of Default by Borrower under this Agreement or any of the other Loan DocumentsOther Agreements, whether the same is prior or subsequent thereto and whether of the same or of a different type. None of the undertakings, agreements, warranties, covenants and representations of Borrower contained in this Agreement or any of the other Loan Documents Other Agreements and no Event of Default by Borrower under this Agreement or any of the other Loan Documents Other Agreements shall be deemed to have been suspended or waived by Lender, unless such suspension or waiver is by an instrument in writing specifying such suspension or waiver and is signed by a duly authorized representative of Lender and directed to Borrower.

Appears in 3 contracts

Samples: Loan and Security Agreement (DXP Enterprises Inc), Loan Agreement (Inbrand Corp), Loan and Security Agreement (DXP Enterprises Inc)

Indulgences, Not Waivers. LenderAgent's and/or Lenders' failure, at any time or times hereafter, to require strict performance by Borrower of any provision of this Agreement shall not waive, affect or diminish any right of Agent or any Lender thereafter to demand strict compliance and performance therewith. Any suspension or waiver by Agent or any Lender of an Event of Default by Borrower under this Agreement or any of the other Loan Documents shall not suspend, waive or affect any other Event of Default by Borrower under this Agreement or any of the other Loan Documents, whether the same is prior or subsequent thereto and whether of the same or of a different type. None of the undertakings, agreements, warranties, covenants and representations of Borrower contained in this Agreement or any of the other Loan Documents and no Event of Default by Borrower under this Agreement or any of the other Loan Documents shall be deemed to have been suspended or waived by LenderAgent and/or Lenders, unless such suspension or waiver is by an instrument in writing specifying such suspension or waiver and is signed by a duly authorized representative of Lender Agent and directed to Borrower.

Appears in 2 contracts

Samples: Loan and Security Agreement (Brazos Sportswear Inc /De/), Loan and Security Agreement (Brazos Sportswear Inc /De/)

Indulgences, Not Waivers. LenderThe Bank's failure, at any time or times ------------------------ hereafter, to require strict performance by Borrower the Borrowers of any provision of this Agreement or the other Loan Documents shall not waive, affect or diminish any right of Lender the Bank thereafter to demand strict compliance and performance therewith. Any suspension or waiver by Lender the Bank of a Default or an Event of Default by the Borrower under this Agreement or any of the other Loan Documents shall not suspend, waive or affect any other Default or Event of Default by Borrower the Borrowers under this Agreement or any of the other Loan Documents, whether the same is prior or subsequent thereto and whether of the same or of a different type. None of the undertakings, agreements, warranties, covenants and representations of Borrower the Borrowers contained in this Agreement or any of the other Loan Documents and no Default or Event of Default by Borrower the Borrowers under this Agreement or any of the other Loan Documents shall be deemed to have been suspended or waived by Lenderthe Bank, unless such suspension or waiver is by an instrument in writing specifying such suspension or waiver and is signed by a duly authorized representative of Lender the Bank and directed to Borrowerthe Borrowers.

Appears in 1 contract

Samples: Credit Agreement (Zoltek Companies Inc)

Indulgences, Not Waivers. LenderAgent's and/or Lenders' failure, at any time or times hereafter, to require strict performance by Borrower Borrowers of any provision of this Agreement shall not waive, affect or diminish any right of Agent or any Lender thereafter to demand strict compliance and performance therewith. Any suspension or waiver by Agent or any Lender of an Event of Default by Borrower under this Agreement or any of the other Loan DIP Financing Documents shall not suspend, waive or affect any other Event of Default by Borrower under this Agreement or any of the other Loan DIP Financing Documents, whether the same is prior or subsequent thereto and whether of the same or of a different type. None of the undertakings, agreements, warranties, covenants and representations of Borrower contained in this Agreement or any of the other Loan DIP Financing Documents and no Event of Default by Borrower under this Agreement or any of the other Loan DIP Financing Documents shall be deemed to have been suspended or waived by LenderAgent and/or Lenders, unless such suspension or waiver is by an instrument in writing specifying such suspension or waiver and is signed by a duly authorized representative of Lender Agent and directed to BorrowerBorrowers.

Appears in 1 contract

Samples: Loan and Security Agreement (Brazos Sportswear Inc /De/)

Indulgences, Not Waivers. The Lender's failure, at any time or times hereafter, to require strict performance by the Borrower of any provision of this Agreement or the other Related Documents shall not waive, affect or diminish any right of the Lender thereafter to demand strict compliance and performance therewith. Any suspension or waiver by the Lender of an Event of Default by the Borrower under this Agreement or any of the other Loan Related Documents shall not suspend, waive or affect any other Event of Default by the Borrower under this Agreement or any of the other Loan Related Documents, whether the same is prior or subsequent thereto and whether of the same or of a different type. None of the undertakings, agreements, warranties, covenants and representations of the Borrower contained in this Agreement or any of the other Loan Related Documents and no Event of Default by the Borrower under this Agreement or any of the other Loan Related Documents shall be deemed to have been suspended or waived by the Lender, unless such suspension or waiver is by an instrument in writing specifying such suspension or waiver and is signed by a duly authorized representative of the Lender and directed to the Borrower.

Appears in 1 contract

Samples: Pledge Agreement (Reading International Inc)

Indulgences, Not Waivers. Lender's failure, at any time or times hereafter, to require strict performance by any Borrower of any provision of this Agreement shall not waive, affect or diminish any right of Lender thereafter to demand strict compliance therewith and performance therewiththereof. Any suspension or waiver by Lender of an Event of Default by any Borrower under this Agreement or any of the other Loan Documents Other Agreements shall not suspend, waive or affect any other Event of Default by any Borrower under this Agreement or by any Borrower or any Guarantor under any of the other Loan DocumentsOther Agreements, whether the same is prior or subsequent thereto and whether of the same or of a different type. None of the undertakings, agreements, warranties, covenants and representations of any Borrower contained in this Agreement or any of the other Loan Documents Other Agreements and no Event of Default by any Borrower under this Agreement or by any Borrower or any Guarantor under any of the other Loan Documents Other Agreements shall be deemed to have been suspended or waived by Lender, unless such suspension or waiver is by an instrument in writing specifying such suspension or waiver and is signed by a duly authorized representative of Lender and directed to such Borrower.

Appears in 1 contract

Samples: Loan and Security Agreement (CFP Holdings Inc)

Indulgences, Not Waivers. The Lender's failure, at any time or times ----------------------- hereafter, to require strict performance by the Borrower of any provision of this Agreement or the other Related Documents shall not waive, affect or diminish any right of the Lender thereafter to demand strict compliance and performance therewith. Any suspension or waiver by the Lender of an Event of Default by the Borrower under this Agreement or any of the other Loan Related Documents shall not suspend, waive or affect any other Event of Default by the Borrower under this Agreement or any of the other Loan Related Documents, whether the same is prior or subsequent thereto and whether of the same or of a different type. None of the undertakings, agreements, warranties, covenants and representations of the Borrower contained in this Agreement or any of the other Loan Related Documents and no Event of Default by the Borrower under this Agreement or any of the other Loan Related Documents shall be deemed to have been suspended or waived by the Lender, unless such suspension or waiver is by an instrument in writing specifying such suspension or waiver and is signed by a duly authorized representative of the Lender and directed to the Borrower.

Appears in 1 contract

Samples: Pledge Agreement (Citadel Holding Corp)

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Indulgences, Not Waivers. LenderAgent's or Lenders' failure, at any time or times hereafter, to require strict performance by Borrower of any provision of this Agreement shall not waive, affect or diminish any right of Agent or any Lender thereafter to demand strict compliance and performance therewith. Any suspension or waiver by Agent or any Lender of an Event of Default by Borrower or Borrower under this Agreement or any of the other Loan Documents shall not suspend, waive or affect any other Event of Default by Borrower under this Agreement or any of the other Loan Documents, whether the same is prior or subsequent thereto and whether of the same or of a different type. None of the undertakings, agreements, warranties, covenants and representations of Borrower or Borrower contained in this Agreement or any of the other Loan Documents and no Event of Default by Borrower or Borrower under this Agreement or any of the other Loan Documents shall be deemed to have been suspended or waived by LenderAgent, unless such suspension or waiver is by an instrument in writing specifying such suspension or waiver and is signed by a duly authorized representative of Lender Agent and directed to Borrower or Borrower.

Appears in 1 contract

Samples: Loan and Security Agreement (Microwave Power Devices Inc)

Indulgences, Not Waivers. Lender's failure, at any time or times hereafter, to require strict performance by Borrower of any provision of this Agreement shall not waive, affect or diminish any right of Lender thereafter to demand strict compliance and performance therewith. Any suspension or waiver by Lender of an Event of Default by Borrower under this Agreement or any of the other Loan Documents Other Agreements shall not suspend, waive or affect any other Event of Default by Borrower under this Agreement or any of the other Loan DocumentsOther Agreements, whether the same is prior or subsequent thereto and whether of the same or of a different type. None of the undertakings, agreements, warranties, covenants and representations of Borrower contained in this Agreement or any of the other Loan Documents Other Agreements and no Event of Default by Borrower under this Agreement or any of the other Loan Documents Agreements shall be deemed to have been suspended or waived by Lender, unless such suspension or waiver is by an instrument in writing specifying such suspension or waiver and is signed by a duly authorized representative of Lender and directed to Borrower.

Appears in 1 contract

Samples: Consolidated Loan and Security Agreement (DXP Enterprises Inc)

Indulgences, Not Waivers. Lender's ’s failure, at any time or times hereafter, to require strict performance by each Borrower of any provision of this Agreement shall not waive, affect or diminish any right of Lender thereafter to demand strict compliance and performance therewith. Any suspension or waiver by Lender of an Event of Default by either Borrower under this Agreement or any of the other Loan Documents shall not suspend, waive or affect any other Event of Default by Borrower under this Agreement or any of the other Loan Documents, whether the same is prior or subsequent thereto and whether of the same or of a different type. None of the undertakings, agreements, warranties, covenants and representations of either Borrower contained in this Agreement or any of the other Loan Documents and no Event of Default by either Borrower under this Agreement or any of the other Loan Documents shall be deemed to have been suspended or waived by Lender, unless such suspension or waiver is by an instrument in writing specifying such suspension or waiver and is signed by a duly authorized representative of Lender and directed to such Borrower.

Appears in 1 contract

Samples: Loan and Security Agreement (Blue Star Foods Corp.)

Indulgences, Not Waivers. LenderAgent's or Required Lenders' failure, at any time or times hereafter, to require strict performance by Borrower Borrowers of any provision of this Agreement shall not waive, affect or diminish any right of Lender Agent or Required Lenders thereafter to demand strict compliance and performance therewith. Any suspension or waiver by Lender Agent or Required Lenders of an Event of Default by Borrower Borrowers under this Agreement or any of the other Loan Documents shall not suspend, waive or affect any other Event of Default by Borrower Borrowers under this Agreement or any of the other Loan Documents, whether the same is prior or subsequent thereto and whether of the same or of a different type. None of the undertakings, agreements, warranties, covenants and representations of Borrower Borrowers contained in this Agreement or any of the other Loan Documents and no Event of Default by Borrower Borrowers under this Agreement or any of the other Loan Documents shall be deemed to have been suspended or waived by LenderAgent or Required Lenders, unless such suspension or waiver is by an instrument in writing specifying such suspension or waiver and is signed by a duly authorized representative of Lender Agent and Required Lenders and directed to BorrowerBorrowers.

Appears in 1 contract

Samples: Loan and Security Agreement (Factory Card Outlet Corp)

Indulgences, Not Waivers. Lender's The failure, at any time or times ----------------------- hereafter, to require strict performance by Borrower of any provision of this Agreement shall not waive, affect or diminish any right of Lender thereafter to demand strict compliance and performance therewith. Any suspension or waiver by Lender of an Event of Default by Borrower under this Agreement or any of the other Loan Documents shall not suspend, waive or affect any other Event of Default by Borrower under this Agreement or any of the other Loan Documents, whether the same is prior or subsequent thereto and whether of the same or of a different type. None of the undertakings, agreements, warranties, covenants and representations of Borrower contained in this Agreement or any of the other Loan Documents and no Event of Default by Borrower under this Agreement or any of the other Loan Documents shall be deemed to have been suspended or waived by Lender, unless such suspension or waiver is by an instrument in writing specifying such suspension or waiver and is signed by a duly authorized representative of Lender and directed to Borrower.

Appears in 1 contract

Samples: Subordinated Note Agreement (Fox Kids Worldwide Inc)

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