Common use of No implied waivers, remedies cumulative Clause in Contracts

No implied waivers, remedies cumulative. No failure or delay on the part of the Lender to exercise any power, right or remedy under any of the Security Documents shall operate as a waiver thereof, nor shall any single or partial exercise by the Lender of any power, right or remedy preclude any other or further exercise thereof or the exercise of any other power, right or remedy. The remedies provided in the Security Documents are cumulative and are not exclusive of any remedies provided by law. No waiver by the Lender shall be effective unless it is in writing.

Appears in 7 contracts

Samples: Agreement (NewLead Holdings Ltd.), Agreement (EuroDry Ltd.), Agreement (EuroDry Ltd.)

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No implied waivers, remedies cumulative. No failure or delay on the part of any of the Lender to exercise any power, right or remedy under any of the Security Documents shall operate as a waiver thereof, nor shall any single or partial exercise by the Lender of any power, right or remedy preclude any other or further exercise thereof or the exercise of any other power, right or remedy. The remedies provided in the Security Documents are cumulative and are not exclusive of any remedies provided by law. No waiver by the Lender shall be effective unless it is in writing.

Appears in 2 contracts

Samples: Navios Maritime Midstream Partners LP, Navios Maritime Midstream Partners LP

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