WAIVERS; CUMULATIVE EFFECT. A waiver by any Guaranteed Beneficiary of any right or remedy hereunder on any one occasion shall not be construed as a bar to any right or remedy that such Guaranteed Beneficiary (or any other Guaranteed Beneficiary) would otherwise have had on any future occasion with regard to any subsequent breach. No failure to exercise nor any delay in exercising on the part of any Guaranteed Beneficiary any right, power, or privilege hereunder, shall operate as a waiver thereof; nor shall any single or partial exercise of any right, power, or privilege hereunder preclude any other or further exercise thereof or the exercise of any other right, power, or privilege. The rights and remedies herein provided are cumulative and may be exercised singularly or concurrently, and are not exclusive of any rights and remedies provided by law or by the Lease Agreement or the other Loan Documents.
Appears in 4 contracts
Samples: Lease Agreement (Atlas Air Inc), Lease Agreement (Atlas Air Worldwide Holdings Inc), Lease Agreement (Atlas Air Worldwide Holdings Inc)
WAIVERS; CUMULATIVE EFFECT. A waiver by the Lessor Trustee or any Guaranteed Beneficiary Certificate Holder of any right or remedy hereunder on any one occasion shall not be construed as a bar to any right or remedy that which the Lessor Trustee or such Guaranteed Beneficiary (or any other Guaranteed Beneficiary) Certificate Holder would otherwise have had on any future occasion with regard to any subsequent breach. No failure to exercise nor any delay in exercising on the part of the Lessor Trustee or any Guaranteed Beneficiary Certificate Holder any right, power, power or privilege hereunder, hereunder shall operate as a waiver thereof; nor shall any single or partial exercise of any right, power, power or privilege hereunder preclude any other or further exercise thereof or the exercise of any other right, power, power or privilege. The rights and remedies herein provided are cumulative and may be exercised singularly singlely or concurrently, and are not exclusive of any rights and remedies provided by law or by the Lease Agreement or the other Loan Documentslaw.
Appears in 1 contract
Samples: Guaranty Agreement (Mail Well Inc)
WAIVERS; CUMULATIVE EFFECT. A waiver by any Guaranteed Beneficiary of any right or remedy hereunder on any one occasion shall not be construed as a bar to any right or remedy that such Guaranteed Beneficiary (or any other Guaranteed Beneficiary) would otherwise have had on any future occasion with regard to any subsequent breach. No failure to exercise nor any delay in exercising on the part of any Guaranteed Beneficiary any right, power, or privilege hereunder, shall operate as a waiver thereof; nor shall any single or partial exercise of any right, power, or privilege hereunder preclude any other or further exercise thereof or the exercise of any other right, power, or privilege. The rights and remedies herein provided are cumulative and may be exercised singularly or concurrently, and are not exclusive of any rights and remedies provided by law or by the Lease Credit Agreement or the other Loan Documents.
Appears in 1 contract
Samples: Atlas Air Worldwide Holdings Inc