Common use of Reservation of Rights/No Waivers Clause in Contracts

Reservation of Rights/No Waivers. This Agreement grants a conditional and limited forbearance until November 30, 1994, only, upon the terms and conditions set forth in this Agreement. Notwithstanding anything to the contrary in this Agreement, all of NBD's rights and remedies against the Borrower, Riviera, third parties, and/or the Collateral and/or any rights of NBD under the Limited Guaranty Documents are expressly reserved, including, without limitation, all rights and remedies resulting from, or arising in connection with, the Existing Defaults. Likewise, nothing herein shall be deemed to constitute a waiver of any defaults existing as of the date hereof, a further worsening of the Existing Defaults or new events of default, events of acceleration or defaults or shall in any way prejudice the rights or remedies of NBD under the Loan Documents or applicable law. Further, NBD shall have the right to waive any conditions set forth in this Agreement and/or the Loan Documents, in its sole and unfettered discretion. And any such waiver shall not prejudice, waive or reduce any other right or remedy which NBD may have against the Borrower or Riviera, or any rights of NBD under the Limited Guaranty Documents. However, the other parties to this Agreement and the Loan Documents, understand that no waiver by NBD of the rights or any condition of this Agreement and/or the Loan Documents shall be effective unless the same shall be contained in writing signed by an authorized agent of NBD.

Reservation of Rights/No Waivers. This Agreement grants a conditional and limited forbearance until November June 30, 19941996, only, upon the terms and conditions set forth in this Agreement. Notwithstanding anything to the contrary in this Agreement, all of NBD's rights and remedies against the Borrower, Riviera, third parties, and/or the Collateral and/or any rights of NBD under the Limited Guaranty Documents are expressly reserved, including, without limitation, all rights and remedies resulting from, or arising in connection with, the Existing Defaults. Likewise, nothing herein shall be deemed to constitute a waiver of any defaults existing as of the date hereof, a further worsening of the Existing Defaults or new events of default, events of acceleration or defaults or shall in any way prejudice the rights or remedies of NBD under the Loan Documents or applicable law. Further, NBD shall have the right to waive any conditions set forth in this Agreement and/or the Loan Documents, in its sole and unfettered discretion. And any such waiver shall not prejudice, waive or reduce any other right or remedy which NBD may have against the Borrower or Riviera, or any rights of NBD under the Limited Guaranty Documents. However, the other parties to this Agreement and the Loan Documents, understand that no waiver by NBD of the rights or any condition of this Agreement and/or the Loan Documents shall be effective unless the same shall be contained in writing signed by an authorized agent of NBD.

Reservation of Rights/No Waivers. This Agreement grants a conditional and limited forbearance until November 30, 19941995, only, upon the terms and conditions set forth in this Agreement. Notwithstanding anything to the contrary in this Agreement, all of NBD's rights and remedies against the Borrower, Riviera, third parties, and/or the Collateral and/or any rights of NBD under the Limited Guaranty Documents are expressly reserved, including, without limitation, all rights and remedies resulting from, or arising in connection with, the Existing Defaults. Likewise, nothing herein shall be deemed to constitute a waiver of any defaults existing as of the date hereof, a further worsening of the Existing Defaults or new events of default, events of acceleration or defaults or shall in any way prejudice the rights or remedies of NBD under the Loan Documents or applicable law. Further, NBD shall have the right to waive any conditions set forth in this Agreement and/or the Loan Documents, in its sole and unfettered discretion. And any such waiver shall not prejudice, waive or reduce any other right or remedy which NBD may have against the Borrower or Riviera, or any rights of NBD under the Limited Guaranty Documents. However, the other parties to this Agreement and the Loan Documents, understand that no waiver by NBD of the rights or any condition of this Agreement and/or the Loan Documents shall be effective unless the same shall be contained in writing signed by an authorized agent of NBD.

Reservation of Rights/No Waivers. This Agreement grants a conditional and limited forbearance until November 30, 19941996, only, upon the terms and conditions set forth in this Agreement. Notwithstanding anything to the contrary in this Agreement, all of NBD's rights and remedies against the Borrower, Riviera, third parties, and/or the Collateral and/or any rights of NBD under the Limited Guaranty Documents are expressly reserved, including, without limitation, all rights and remedies resulting from, or arising in connection with, the Existing Defaults. Likewise, nothing herein shall be deemed to constitute a waiver of any defaults existing as of the date hereof, a further worsening of the Existing Defaults or new events of default, events of acceleration or defaults or shall in any way prejudice the rights or remedies of NBD under the Loan Documents or applicable law. Further, NBD shall have the right to waive any conditions set forth in this Agreement and/or the Loan Documents, in its sole and unfettered discretion. And any such waiver shall not prejudice, waive or reduce any other right or remedy which NBD may have against the Borrower or Riviera, or any rights of NBD under the Limited Guaranty Documents. However, the other parties to this Agreement and the Loan Documents, understand that no waiver by NBD of the rights or any condition of this Agreement and/or the Loan Documents shall be effective unless the same shall be contained in writing signed by an authorized agent of NBD.

Reservation of Rights/No Waivers. This Agreement grants a conditional and limited forbearance until November 30August 31, 19941995, only, upon the terms and conditions set forth in this Agreement. Notwithstanding anything to the contrary in this Agreement, all of NBD's rights and remedies against the Borrower, Riviera, third parties, and/or the Collateral and/or any rights of NBD under the Limited Guaranty Documents are expressly reserved, including, without limitation, all rights and remedies resulting from, or arising in connection with, the Existing Defaults. Likewise, nothing herein shall be deemed to constitute a waiver of any defaults existing as of the date hereof, a further worsening of the Existing Defaults or new events of default, events of acceleration or defaults or shall in any way prejudice the rights or remedies of NBD under the Loan Documents or applicable law. Further, NBD shall have the right to waive any conditions set forth in this Agreement and/or the Loan Documents, in its sole and unfettered discretion. And any such waiver shall not prejudice, waive or reduce any other right or remedy which NBD may have against the Borrower or Riviera, or any rights of NBD under the Limited Guaranty Documents. However, the other parties to this Agreement and the Loan Documents, understand that no waiver by NBD of the rights or any condition of this Agreement and/or the Loan Documents shall be effective unless the same shall be contained in writing signed by an authorized agent of NBD.