Common use of Waiver of Rights by the Bank Clause in Contracts

Waiver of Rights by the Bank. No course of dealing or failure or delay on the part of the Bank in exercising any right, power or privilege hereunder or under the Letter of Credit or this Agreement shall operate as a waiver thereof, nor shall a single or partial exercise thereof preclude any other or further exercise or the exercise of any other right or privilege. The rights of the Bank under the Letter of Credit and the rights of the Bank under this Agreement are cumulative and not exclusive of any rights or remedies which the Bank would otherwise have.

Appears in 2 contracts

Samples: Reimbursement Agreement (Griffith Micro Science International Inc), Reimbursement Agreement (Griffith Micro Science International Inc)

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Waiver of Rights by the Bank. No course of dealing or failure or delay on the part of the Bank in exercising any right, power or privilege hereunder or under the Letter of Credit or this Agreement shall operate as a waiver thereof, nor shall a single or partial exercise thereof preclude any other or further exercise exercise, or the exercise of any other right or privilege. The rights of the Bank under this Agreement and the Letter of Credit and the rights of the Bank under this Agreement are cumulative and not exclusive of any rights or remedies which the Bank would otherwise have.

Appears in 2 contracts

Samples: Letter of Credit Agreement (Central Power & Light Co /Tx/), Letter of Credit Agreement (Central Power & Light Co /Tx/)

Waiver of Rights by the Bank. No course of dealing or failure or delay on the part of the Bank in exercising any right, power or privilege hereunder or under the Letter of Credit or this Agreement shall operate as a waiver thereof, nor shall a single or partial exercise thereof preclude any other or further exercise or the exercise of any other right or privilege. The rights of the Bank under the Letter of Credit and the rights of the Bank under this Agreement are cumulative and not exclusive of any rights or remedies which that the Bank would otherwise have.

Appears in 2 contracts

Samples: Reimbursement Agreement (NuStar Energy L.P.), Reimbursement Agreement (NuStar Energy L.P.)

Waiver of Rights by the Bank. No course of dealing or failure or delay on the part of the Bank in exercising any right, power or privilege hereunder or under the any Letter of Credit or this the Bank Fee Agreement shall operate as a waiver thereof, nor shall a single or partial exercise thereof preclude any other or further exercise thereof or the exercise of any other right or privilege. The rights of the Bank under the Letter Letters of Credit Credit, this Agreement and the rights of the Bank under this Fee Agreement are cumulative and not exclusive of any rights or remedies which the Bank would otherwise have.

Appears in 1 contract

Samples: Credit and Reimbursement Agreement

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Waiver of Rights by the Bank. No course of dealing or failure or delay on the part of the Bank in exercising any right, power or privilege hereunder or under the any Letter of Credit or this Agreement shall operate as a waiver thereof, nor shall a single or partial exercise thereof preclude any other or further exercise or the exercise of any other right or privilege. The rights of the Bank under the each Letter of Credit and the rights of the Bank under this Agreement are cumulative and not exclusive of any rights or remedies which the Bank would otherwise have.

Appears in 1 contract

Samples: Issuance and Reimbursement Agreement (McClatchy Co)

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