Waiver; Cumulative Remedies. Failure by Lender to exercise any right, remedy or option under this Agreement or any supplement hereto or any other agreement between Borrower and Lender or delay by Lender in exercising the same, will not operate as a waiver; no waiver by Lender will be effective unless it is in writing and then only to the extent specifically stated. Lender's rights and remedies under this Agreement will be cumulative and not exclusive of any other right or remedy which Lender may have.
Appears in 7 contracts
Samples: Management and Security Agreement (World Airways Inc /De/), Credit and Security Agreement (Morgan Group Inc), Credit and Security Agreement (Aviation Distributors Inc)
Waiver; Cumulative Remedies. Failure by the Lender to exercise any right, remedy or option under this Agreement or any supplement hereto or any other agreement between the Borrower and the Lender or delay by the Lender in exercising the same, will not operate as a waiver; , and no waiver by the Lender will be effective unless it is in writing and then only to the extent specifically stated. The Lender's rights and remedies under this Agreement will be cumulative and not exclusive of any other right or remedy which that the Lender may have.
Appears in 5 contracts
Samples: Loan and Security Agreement (Navisite Inc), Loan and Security Agreement (Navisite Inc), Loan Agreement (Navisite Inc)
Waiver; Cumulative Remedies. Failure by Lender to exercise any right, remedy or option under this Agreement or any supplement hereto or any other agreement between Borrower Borrowers and Lender or delay by Lender in exercising the same, will not operate as a waiver; no waiver by Lender will be effective unless it is in writing and then only to the extent specifically stated. Lender's rights and remedies under this Agreement will be cumulative and not exclusive of any other right or remedy which Lender may have.
Appears in 4 contracts
Samples: Management and Security Agreement (Precision Standard Inc), Credit and Security Agreement (Spar Group Inc), Security Agreement (Spar Group Inc)
Waiver; Cumulative Remedies. Failure by Lender to exercise any --------------------------- right, remedy or option under this Agreement or any supplement hereto or any other agreement between Borrower and Lender or delay by Lender in exercising the same, will not operate as a waiver; no waiver by Lender will be effective unless it is in writing and then only to the extent specifically stated. Lender's rights and remedies under this Agreement will be cumulative and not exclusive of any other right or remedy which Lender may have.
Appears in 2 contracts
Samples: Loan and Security Agreement (Us Wats Inc), Accounts Receivable Management and Security Agreement (Renaissance Worldwide Inc)
Waiver; Cumulative Remedies. Failure by Lender to exercise any right, remedy or option under this Agreement, any Ancillary Agreement or any Guarantor Security Agreement or any supplement hereto or thereto or any other agreement between any Borrower and Lender or delay by Lender in exercising the same, will not operate as a waiver; no waiver by Lender will be effective unless it is in writing and then only to the extent specifically stated. Lender's rights and remedies under this Agreement will be cumulative and not exclusive of any other right or remedy which Lender may have.
Appears in 1 contract
Waiver; Cumulative Remedies. Failure by Lender to exercise any right, remedy or option under this Agreement or any supplement hereto or any other agreement between Borrower or any Subsidiary Guarantor, or any or all of them, and Lender or delay by Lender in exercising the same, will not operate as a waiver; no waiver by Lender will be effective unless it is in writing and then only to the extent specifically stated. Lender's rights and remedies under this Agreement will be cumulative and not exclusive of any other right or remedy which Lender may have.
Appears in 1 contract
Samples: Accounts Receivable Management and Security Agreement (Transtexas Gas Corp)
Waiver; Cumulative Remedies. Failure by Lender to exercise any right, remedy or option under this Agreement or any supplement hereto or any other agreement between Borrower or any Guarantor, or any or all of them, and Lender or delay by Lender in exercising the same, will not operate as a waiver; no waiver by Lender will be effective unless it is in writing and then only to the extent specifically stated. Lender's rights and remedies under this 50 55 Agreement will be cumulative and not exclusive of any other right or remedy which Lender may have.
Appears in 1 contract
Samples: Transtexas Gas Corp
