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 an Event of Default. If the Bank waives an Event of Default, it may enforce a later Event of Default. Any consent or waiver under this Agreement must be in writing.

Appears in 4 contracts

Samples: Pledge Agreement (Central Valley Community Bancorp), Loan Agreement (Hooker Furniture Corp), Letter of Credit Agreement (Williams Sonoma 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 an Default or Event of Default. If the Bank waives an Event a Default or event of Default, it may enforce a later Default or Event of Default. Any consent or waiver under this Agreement must be in writing.

Appears in 3 contracts

Samples: Business Loan Agreement (Hawker Pacific Aerospace), Business Loan Agreement (Hawker Pacific Aerospace), Business Loan Agreement (Hawker Pacific Aerospace)

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 an Event of Defaultdefault. If the Bank waives an Event of Defaulta default, it may enforce a later Event of Defaultdefault. Any consent or waiver under this Agreement must be in writing.. 10.6

Appears in 2 contracts

Samples: Loan Agreement (DLH Holdings Corp.), Loan Agreement (Ventana Medical Systems 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 an Event of Default. If the Bank waives an Event of a Default, it may enforce a later Event of Default. Any consent or waiver under this Agreement must be in writing.

Appears in 2 contracts

Samples: Business Loan Agreement (Fresh America Corp), Fresh America Corp

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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 an Event of Default. If default if the Bank waives an Event of Defaulta default, it may enforce a later Event of Default. default Any consent or waiver under this Agreement must be in writing.,

Appears in 1 contract

Samples: Loan Agreement (Flir Systems 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 an Event of Defaultunder default. If the Bank waives an Event of Defaulta default, it may enforce a later Event of Defaultdefault. Any consent or waiver under this Agreement must be in writing.

Appears in 1 contract

Samples: Loan Agreement (Image Entertainment Inc)

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