Common use of Severability; Waivers Clause in Contracts

Severability; Waivers. If any part of this Agreement is not enforceable, the rest of the Agreement may be enforced. The Bank retains all rights, even if it makes a loan after default. If the Bank waives a default, it may enforce a later default. Any consent or waiver under this Agreement must be in writing.

Appears in 221 contracts

Samples: Loan Agreement (Lakeland Industries Inc), Credit Agreement (Nautilus, Inc.), First Amended And (Schmitt Industries Inc)

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Severability; Waivers. If any part of this Agreement is not enforceable, the rest of the Agreement may be enforced. The Bank Lender retains all rights, even if it makes a loan after default. If the Bank Lender waives a default, it may enforce a later default. Any consent or waiver under this Agreement must be in writing.

Appears in 7 contracts

Samples: Loan Agreement (Odyssey Marine Exploration Inc), Loan Agreement (Odyssey Marine Exploration Inc), Loan Agreement (Odyssey Marine Exploration Inc)

Severability; Waivers. If any part of this Agreement is not --------------------- enforceable, the rest of the Agreement may be enforced. The Bank retains all rights, even if it makes a loan after default. If the Bank waives a default, it may enforce a later default. Any consent or waiver under this Agreement must be in writing.

Appears in 4 contracts

Samples: Business Loan Agreement (Prolong International Corp), Business Loan Agreement (Impco Technologies Inc), Business Loan Agreement (Kinetics Group Inc)

Severability; Waivers. If any part of this Agreement is not enforceable, the rest of the this Agreement may be enforced. The Bank retains all rights, even if it makes a loan after default. If the Bank waives a default, it may enforce a later default. Any consent or waiver under this Agreement must be in writing.

Appears in 4 contracts

Samples: Loan Agreement (Cumberland Pharmaceuticals Inc), Loan Agreement (Cumberland Pharmaceuticals Inc), Loan Agreement (Cumberland Pharmaceuticals Inc)

Severability; Waivers. If any part of this Agreement is not enforceable, the rest of the Agreement may be enforced. The Bank retains all rights, even if it makes a loan an advance after default. If the Bank waives a default, it may enforce a later default. Any consent or waiver under this Agreement must be in writing.

Appears in 3 contracts

Samples: Business Loan Agreement (Educational Medical Inc), Business Loan Agreement (Educational Medical Inc), Business Loan Agreement (Educational Medical Inc)

Severability; Waivers. If any part of this Agreement is not enforceable, the rest of the Agreement may be enforced. The Bank Lender retains all rights, even if it makes a loan Loan after default. If the Bank Lender waives a default, it may enforce a later default. Any consent or waiver under this Agreement must be in writing.

Appears in 3 contracts

Samples: Loan Agreement (Roadhouse Grill Inc), Loan Agreement (Roadhouse Grill Inc), Loan Agreement (Roadhouse Grill Inc)

Severability; Waivers. If any part of this Agreement is not enforceable, the rest of the Agreement may be enforced. The Bank retains all rights, even if it makes a loan after any default. If the Bank waives a default, it may enforce a later default. Any consent or waiver under this Agreement must be in writing.

Appears in 2 contracts

Samples: Loan Agreement (Vocus, Inc.), Loan Agreement (Versar Inc)

Severability; Waivers. If any part of this Agreement is not enforceable, the rest of the Agreement may be enforced. The Bank Lender retains all rights, even if it makes a loan after defaultDefault. If the Bank Lender waives a defaultDefault, it may enforce a later defaultDefault. Any consent or waiver under this Agreement must be in writing.

Appears in 2 contracts

Samples: Loan Agreement (Energy 11, L.P.), Loan Agreement (Globetrac Inc)

Severability; Waivers. If any part of this Agreement is not enforceable, the rest of the Agreement may be enforced. The Bank retains all rights, even if it makes a loan after default. If the Bank waives a default, it may enforce a later default. Any consent or waiver under this Agreement must be in writing.. 9.6

Appears in 2 contracts

Samples: Loan Agreement (Pope Resources LTD Partnership), California Water Service Co

Severability; Waivers. If any part of this Agreement is not enforceable, the rest of the Agreement may be enforced. The Bank retains all rights, even if it makes a loan after defaultDefault. If the Bank waives a defaultDefault, it may enforce a later defaultDefault. Any consent or waiver under this Agreement must be in writing.

Appears in 2 contracts

Samples: Loan Agreement (K Swiss Inc), Loan Agreement (K Swiss Inc)

Severability; Waivers. If any part of this Agreement is not enforceable, the rest of the Agreement may be enforced. The Bank retains all rights, even if it makes a loan an advance after defaultan Event of Default. If the Bank waives a defaultan Event of Default, it may enforce a later defaultEvent of Default. Any consent or waiver under this Agreement must be in writing.

Appears in 2 contracts

Samples: Loan Agreement (Hooker Furniture Corp), Loan Agreement (Hooker Furniture Corp)

Severability; Waivers. If any part of this Agreement is not enforceable, the rest of the Agreement may be enforced. The Bank retains all rights, even if it makes a loan after default. If the Bank waives a default, it may enforce a later default. Any consent or waiver under this Agreement must be in writing.. 10.8

Appears in 1 contract

Samples: Active 696074304v9 Loan Agreement (Lifevantage Corp)

Severability; Waivers. If any part of this Agreement is not enforceable, the rest of the Agreement may be enforced. The Bank retains all rights, even if it makes a loan after defaultany Default or Event of Default. If the Bank waives a defaultDefault or Event of Default, it may enforce a later defaultDefaults or Events of Default. Any consent or waiver under this Agreement must be in writing.

Appears in 1 contract

Samples: Business Loan Agreement (Impco Technologies Inc)

Severability; Waivers. If any part of this Agreement is not enforceable, the rest of the Agreement may be enforced. The Bank retains all rights, even if it makes a loan roan after default. If the Bank waives a default, it may enforce a later default. Any consent or waiver under this Agreement must be in writing.

Appears in 1 contract

Samples: Mechanical Technology Inc

Severability; Waivers. If any part of this Agreement is not enforceable, the rest of the Agreement may be enforced. The Bank retains all rights, even if it makes a loan after default. If !f the Bank waives a default, it may enforce a later default. Any consent or waiver under this Agreement must be in writing.

Appears in 1 contract

Samples: Sunrise Telecom Inc

Severability; Waivers. If any part of this Agreement is not enforceable, the rest of the Agreement may be enforced. The Bank retains all rights, even if it makes made the Loan after a loan after default. If the Bank waives a default, it may enforce a later default. Any consent or waiver under this Agreement must be in writing.

Appears in 1 contract

Samples: Loan Agreement (Grand Canyon Education, Inc.)

Severability; Waivers. If any part of this Agreement is not enforceable, the rest of the Agreement may be enforced. The Bank retains all rights1ights, even if it makes a loan after default. If the Bank waives a default, it may enforce a later default. Any consent or waiver under this Agreement must be in writing.

Appears in 1 contract

Samples: Credit Agreement (Bowman Consulting Group Ltd.)

Severability; Waivers. If any part of this Agreement is not enforceable, the rest of the Agreement may be enforced. The Bank retains and Guarantor retain all rights, even if it Bank makes a loan after default. If the Bank waives or Guarantor waive a default, it may enforce a later default. Any consent or waiver under this Agreement must be in writing.

Appears in 1 contract

Samples: Business Loan Agreement (MultiPlayer Online Dragon, Inc.)

Severability; Waivers. If any part of this Agreement is not enforceable, the rest of the Agreement may be enforced. The Bank retains all rights, even if it makes a loan after defaultthe occurrence of an Event of Default. If the Bank waives a defaultany Event of Default, then it may enforce a later defaultEvent of Default. Any consent or waiver under this Agreement must be in writing, signed by Bank.

Appears in 1 contract

Samples: Loan Agreement (Pebblebrook Hotel Trust)

Severability; Waivers. If any part of this Agreement is not enforceable, the rest of the Agreement may be enforced. The Bank retains all rights, even if it makes a loan after default. If the Bank waives a default, it may enforce a later default. Any consent or waiver under this Agreement must be in writing.. 9.5

Appears in 1 contract

Samples: Bridge Loan Agreement (Coast Casinos Inc)

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Severability; Waivers. If any part of this Agreement is not enforceable, the rest of the Agreement may be enforced. The Bank retains all rights, even if it makes a loan after default. , If the Bank waives a default, it may enforce a later default. Any consent or waiver under this Agreement must be in writing.

Appears in 1 contract

Samples: Loan Agreement (Mimedx Group, Inc.)

Severability; Waivers. If any part of this Agreement is not enforceable, the rest of the Agreement may be enforced. The Bank retains all rights, even if it makes a loan after defaultan event of default hereunder. If the Bank waives a an event of default, it may enforce a later default. Any consent or waiver under this Agreement must be in writing.

Appears in 1 contract

Samples: Business Loan Agreement (Leapfrog Enterprises Inc)

Severability; Waivers. If any part of this Agreement is not enforceable, the rest of the Agreement may be enforced. The Bank retains all rights, even if it makes extends credit after a loan after defaultDefault or an Event of Default. If the Bank waives a defaultDefault or an Event of Default, it may enforce a later defaultDefault or Event of Default. Any consent or waiver under this Agreement must be in writing.

Appears in 1 contract

Samples: Loan Agreement (Martha Stewart Living Omnimedia Inc)

Severability; Waivers. If any part of this Agreement is not enforceable, the rest of the Agreement may be enforced. The Bank retains all rights, even if it makes made the Term Loan or any advances under the Revolver after a loan after default. If the Bank waives a default, it may enforce a later default. Any consent or waiver under this Agreement must be in writing.

Appears in 1 contract

Samples: Loan Agreement (Grand Canyon Education, Inc.)

Severability; Waivers. If any part of this Agreement is not --------------------- enforceable, the rest of the Agreement may be enforced. The Bank retains all rights, even if it makes a loan after default. If the Bank waives a defaultany Event of Default, it may enforce a later defaultEvent of Default. Any consent or waiver under this Agreement must be in writing.

Appears in 1 contract

Samples: Business Loan Agreement (Image Entertainment Inc)

Severability; Waivers. If any part of this Agreement is not enforceable, the rest of the Agreement may be enforced. The Bank retains all rights, even if it makes a loan after default. If the Bank waives a default, it may enforce a later default. Any consent or waiver under this Agreement must be in writing.

Appears in 1 contract

Samples: Loan Agreement (Zynex Inc)

Severability; Waivers. If any part of this Loan Agreement is not enforceable, the rest of the Loan Agreement may be enforced. The Bank retains all rights, even if it makes a loan after default. If the Bank waives a default, it may enforce a later default. Any consent or waiver under this Loan Agreement must be in writing.

Appears in 1 contract

Samples: Loan Agreement (Immunomedics Inc)

Severability; Waivers. If any part of this Agreement is not enforceable, the rest of the Agreement may be enforced. The Bank retains all rights, even if it makes a loan after default. If the Bank waives a default, it may enforce a later default. Any consent or waiver under this Agreement must be in writing. 11.6.

Appears in 1 contract

Samples: Business Loan Agreement (Winter Sports Inc /New)

Severability; Waivers. If any part of this Agreement is not enforceable, the rest of the Agreement may be enforced. The Bank retains all rights, even it if it makes a loan after default. If the Bank waives a default, it may enforce a later default. Any consent or waiver under this Agreement must be in writing.

Appears in 1 contract

Samples: Business Loan Agreement (Salick Health Care Inc)

Severability; Waivers. If any part of this Agreement is not enforceable, the rest of the this Agreement may be enforced. The Bank retains all rights, even if it makes a loan an Advance after defaultDefault. If the Bank waives a defaultDefault, it may enforce a later defaultDefault. Any consent or waiver under this Agreement must be in writing.

Appears in 1 contract

Samples: Term Loan Agreement (Solarcity Corp)

Severability; Waivers. If any part of this Agreement is not enforceable, the rest of the Agreement may be enforced. The Bank retains all rights, even if it makes a loan after default. If the Bank waives a default, it may enforce a later default. Any consent or waiver under this Agreement must be in writing.. 9.4

Appears in 1 contract

Samples: Secured Business Loan Agreement (Greg Manning Auctions Inc)

Severability; Waivers. If any part of this Agreement is not enforceable, the rest of the Agreement may be enforced. The Bank retains all rights, even if it makes a loan after default. If the Bank waives a default, it may enforce a later default. Any consent or waiver under this Agreement must be in writing.. Ref #: 1001754312 : - Servotronics Inc Standard Loan Agreement

Appears in 1 contract

Samples: Loan Agreement (Servotronics Inc /De/)

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