Common use of Powers and Remedies Cumulative; Delay or Omission Not Waiver of Default Clause in Contracts

Powers and Remedies Cumulative; Delay or Omission Not Waiver of Default. (a) Except as provided in Section 2.7, no right or remedy in the Indenture conferred upon or reserved to the Indenture Trustee or to any Holder is intended to be exclusive of any other right or remedy, and every right and remedy shall, to the extent permitted by law, be cumulative and in addition to every other right and remedy given under the Indenture or existing at law or in equity or otherwise. The assertion or employment of any right or remedy under the Indenture, or otherwise, shall not prevent the concurrent assertion or employment of any other appropriate right or remedy.

Appears in 2 contracts

Samples: Administrative Services Agreement (Allstate Life Insurance Co), Administrative Services Agreement (Allstate Life Insurance Co)

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Powers and Remedies Cumulative; Delay or Omission Not Waiver of Default. (a) Except as provided in Section 2.75.6, no right or remedy in the Indenture herein conferred upon or reserved to the Indenture Trustee or to any Holder the Holders of Securities or Coupons is intended to be exclusive of any other right or remedy, and every right and remedy shall, to the extent permitted by law, be cumulative and in addition to every other right and remedy given under the Indenture hereunder or now or hereafter existing at law or in equity or otherwise. The assertion or employment of any right or remedy under the Indenturehereunder, or otherwise, shall not prevent the concurrent assertion or employment of any other appropriate right or remedy.

Appears in 2 contracts

Samples: Indenture (Lubrizol Corp), Indenture (Lubrizol Corp)

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Powers and Remedies Cumulative; Delay or Omission Not Waiver of Default. (a) Except as provided in Section 2.7, no right or remedy in the Indenture herein conferred upon or reserved to the Indenture Trustee or to any Holder is intended to be exclusive of any other right or remedy, and every right and remedy shall, to the extent permitted by law, be cumulative and in addition to every other right and remedy given under the Indenture hereunder or now or hereafter existing at law or in equity or otherwise. The assertion or employment of any right or remedy under the Indenturehereunder, or otherwise, shall not prevent the concurrent assertion or employment of any other appropriate right or remedy.

Appears in 1 contract

Samples: Allstate Life Global Funding

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