Common use of No Implicit Waiver Clause in Contracts

No Implicit Waiver. Except as expressly set forth herein in connection with the Specified Defaults, (i) the execution, delivery and effectiveness of this Waiver shall neither operate as a waiver of any rights, power or remedy of the Administrative Agent or the Lenders under the Credit Agreement or any other documents executed in connection with the Credit Agreement, nor constitute a waiver of any provision of the Credit Agreement nor any other document executed in connection therewith and (ii) the Credit Agreement shall remain in full force and effect in accordance with their original terms.

Appears in 4 contracts

Samples: Chicago Bridge & Iron Co N V, Chicago Bridge & Iron Co N V, Chicago Bridge & Iron Co N V

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No Implicit Waiver. Except as expressly set forth herein in connection with the Specified Defaultsherein, (i) the execution, delivery and effectiveness of this Waiver shall neither operate as a waiver of any rights, power remedies, powers or remedy privileges of the Administrative Agent Agent, the Issuing Lender or the Lenders under the Credit Agreement or any other documents executed in connection with the Credit AgreementLoan Documents, nor constitute a waiver of any provision of the Credit Agreement nor any other document executed in connection therewith Loan Documents and (ii) except as amended hereby, the Credit Agreement shall remain in full force and effect in accordance with their its original terms.

Appears in 1 contract

Samples: Credit Agreement (Medical Action Industries Inc)

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No Implicit Waiver. Except as expressly set forth herein in connection with the Specified Defaultsherein, (i) the execution, delivery and effectiveness of this Waiver shall neither operate as a waiver of any rights, power remedies, powers or remedy privileges of the Administrative Agent Agent, the Issuing Lender or the Lenders under the Credit Agreement or any other documents executed in connection with the Credit AgreementLoan Documents, nor constitute a waiver of any provision of the Credit Agreement nor any other document executed in connection therewith Loan Documents and (ii) the Credit Agreement shall remain in full force and effect in accordance with their its original terms.

Appears in 1 contract

Samples: Credit Agreement (Medical Action Industries Inc)

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