Common use of NO FAILURE OR DELAY Clause in Contracts

NO FAILURE OR DELAY. No failure or delay on the part of Lender, in the exercise of any power, right or privilege hereunder shall operate as a waiver thereof, nor shall any single or partial exercise thereof.

Appears in 3 contracts

Samples: Patent Mortgage and Security Agreement (Hemosense Inc), Intellectual Property Security Agreement (ARYx Therapeutics, Inc.), Patent Mortgage and Security Agreement (Websidestory Inc)

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NO FAILURE OR DELAY. No failure or delay on the part of Lender, Grantee in the exercise of any powerright, right power or privilege hereunder shall operate as a waiver thereof, nor shall any single or partial exercise thereof. 12.

Appears in 1 contract

Samples: Patent Mortgage and Security Agreement (Boatracs Inc /Ca/)

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