Common use of Waiver; Forbearance Clause in Contracts

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

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