Common use of OMISSION Clause in Contracts

OMISSION. The omission by the Lessor at any time to enforce any default or right reserved to it, or to require performance of any of the terms, covenants or provisions hereof by the Lessee at any time designated, shall not be a waiver of any such default or right to which the Lessor is entitled, nor shall it in any way affect the right of the Lessor to enforce such provisions thereafter. The Lessor may exercise all remedies simultaneously, pursuant to the terms hereof, and any such action shall not operate to release the Lessee until the full amount of the rentals due and to become due and all other sums to be paid hereunder have been paid.

Appears in 2 contracts

Samples: Commercial Lease Agreement (Interactive Telesis Inc), Lease Agreement (Atg Inc)

AutoNDA by SimpleDocs

OMISSION. The omission by the Lessor at any time to enforce any default or right reserved to it, or to require performance of any of the terms, covenants or provisions hereof by or the Lessee at any time designated, shall not be a waiver of any such default or right to which the Lessor is entitled, nor shall it in any way affect the right of the Lessor to enforce such provisions thereafter. The Lessor may exercise all remedies simultaneously, pursuant to the terms hereof, hereof and any such action shall not operate to release the Lessee until the full amount arrival of the rentals due and to become due and all other sums to be paid hereunder have been paid.

Appears in 2 contracts

Samples: Commercial Lease Agreement (Twinlab Consolidated Holdings, Inc.), Commercial Lease Agreement (Twinlab Consolidated Holdings, Inc.)

OMISSION. The omission by the Lessor at any time to enforce any default or right reserved to it, or to require performance of any of the terms, covenants or provisions hereof by the of any Lease or Lessee at any time designated, shall not be a waiver of any such default or right to which the Lessor is entitled, nor shall it in any way affect the right of the Lessor to enforce any such provisions thereafter. The Lessor may exercise all remedies simultaneously, pursuant to the terms hereof, and any such action shall not operate to release the Lessee until the full amount arrival of the rentals due and to become due and all other sums to be paid hereunder under any or all of the Leases have been paid.

Appears in 1 contract

Samples: Master Lease Agreement (T2 Biosystems, Inc.)

AutoNDA by SimpleDocs

OMISSION. The omission by the Lessor at any time to enforce any default or right reserved to it, or to require performance of any of the terms, covenants convenants or provisions hereof by or the Lessee at any time designated, shall not be a waiver of any such default or right to which the Lessor is entitled, nor shall it in any way affect the right of the Lessor to enforce such provisions thereafter. The Lessor may exercise all remedies simultaneously, pursuant to the terms hereof, hereof and any say such action shall not operate to release the Lessee until the full amount arrival of the rentals due and to become due and all other sums to be paid hereunder have been paid.

Appears in 1 contract

Samples: Commercial Lease Agreement (Twinlab Consolidated Holdings, Inc.)

Time is Money Join Law Insider Premium to draft better contracts faster.