Common use of No Waiver; Consents Clause in Contracts

No Waiver; Consents. Each waiver by Lender must be in writing, and no waiver may be construed as a continuing waiver. No waiver will be implied from Lender’s delay in exercising or failure to exercise any right or remedy against the Borrower or any security. Lender’s consent to any act or omission by the Borrower may not be construed as a consent to any other or subsequent act or omission or as a waiver of the requirement for Lender’s consent to be obtained in any future or other instance. All Lender’s rights and remedies are cumulative.

Appears in 2 contracts

Samples: Loan Agreement (Paycom Software, Inc.), Loan Agreement (Paycom Software, Inc.)

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No Waiver; Consents. Each waiver by Lender must be in writingwriting and signed by Lender, and no waiver may shall be construed as a continuing waiver. No waiver will shall be implied from Lender’s 's delay in exercising or failure to exercise any right or remedy against the Borrower or any security, whether on account of any default of Borrower or otherwise. Lender’s consent Consent by Lender to any act or omission by the Borrower may shall not be construed as a consent to any other or subsequent act or omission or as a waiver of the requirement for Lender’s 's consent to be obtained in any future or other instance. All Lender’s rights and remedies are cumulative.

Appears in 1 contract

Samples: Construction Loan Agreement (JMB Income Properties LTD V)

No Waiver; Consents. Each waiver by Lender must be in writing, and no waiver may will be construed as a continuing waiver. No waiver will be implied from Lender’s delay in exercising or failure to exercise any right or remedy against the Borrower or any security. Lender’s consent Consent by Lender to any act or omission by the Borrower may will not be construed as a consent to any other or subsequent act or omission or as a waiver of the requirement for Lender’s consent to be obtained in any future or other instance. All Lender’s rights and remedies of Lender are cumulative.

Appears in 1 contract

Samples: Loan and Security Agreement (Quest Software Inc)

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No Waiver; Consents. Each waiver by Lender must be in writing, and no waiver may be construed as a continuing waiver. No waiver will be implied from Lender’s 's delay in exercising or failure to exercise any right or remedy against the Borrower or any security. Lender’s 's consent to any act or omission by the Borrower may not be construed as a consent to any other or subsequent act or omission or as a waiver of the requirement for Lender’s 's consent to be obtained in any future or other instance. All Lender’s 's rights and remedies are cumulative.

Appears in 1 contract

Samples: Loan Agreement (Paycom Software, Inc.)

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