Common use of Waiver; Forbearance Clause in Contracts

Waiver; Forbearance. Any waiver or forbearance or delay on the part of the Bank 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 the Bank 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 the Bank under this Agreement will remain in full force, notwithstanding any such forbearance or delay.

Appears in 3 contracts

Samples: Loan Cum 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 the The Bank 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 the The Bank of any of the terms or conditions of this Agreement agreement or of any of its rights or privileges or of any other default on the part of the The Borrower, and all original rights and powers of the Bank under this Agreement will remain in full force, notwithstanding any such forbearance or delay.

Appears in 1 contract

Samples: Goods Security Agreement (Igate Corp)

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Waiver; Forbearance. Any waiver or forbearance or delay on the part of the Bank 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 the Bank 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 the Bank 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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