Common use of Waiver; Forbearance Clause in Contracts

Waiver; Forbearance. Any waiver or forbearance or delay on the part of CFIL to insist upon the performance of any terms and conditions of this agreement, or to exercise any right or privilege conferred in this Agreement, or to demand any penalties resulting from any breach of any of the terms or conditions of this Agreement shall not be construed as a waiver on the part of CFIL of any of the terms or conditions of this Agreement or of any of its rights or privileges or of any other default on the part of the Borrower, and all original rights and powers of CFIL under this Agreement will remain in full force, notwithstanding any such forbearance or delay.

Appears in 6 contracts

Samples: Hypothecation Agreement, Loan Cum Hypothecation Agreement, Loan Cum Hypothecation Agreement

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Waiver; Forbearance. Any waiver or forbearance or delay on the part of CFIL to insist upon the performance of any terms and conditions of this agreementAgreement, or to exercise any right or privilege conferred in this Agreement, or to demand any penalties resulting from any breach of any of the terms or conditions of this Agreement shall not be construed as a waiver on the part of CFIL of any of the terms or conditions of this Agreement or of any of its rights or privileges or of any other default on the part of the Borrower, and all original rights and powers of CFIL under this Agreement will remain in full force, notwithstanding any such forbearance or delay.

Appears in 1 contract

Samples: Loan Cum Hypothecation Agreement

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