Common use of No Waiver, Rights and Remedies Clause in Contracts

No Waiver, Rights and Remedies. No failure on the part of the Deal Agent, the Collateral Custodian, the Backup Servicer or a Secured Party to exercise, and no delay in exercising, any right or remedy hereunder shall operate as a waiver thereof; nor shall any single or partial exercise of any right or remedy hereunder preclude any other or further exercise thereof or the exercise of any other right. The rights and remedies herein provided are cumulative and not exclusive of any rights and remedies provided by law.

Appears in 3 contracts

Samples: Receivables Purchase Agreement (American Business Financial Services Inc /De/), Credit Agreement (Fidelity Leasing Inc), Receivables Purchase Agreement (Fidelity Leasing Inc)

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No Waiver, Rights and Remedies. No failure on the part of the Deal Agent, the Collateral Custodian, the Backup Servicer or a Secured Party Purchaser to exercise, and no delay in exercising, any right or remedy hereunder shall operate as a waiver thereof; nor shall any single or partial exercise of any right or remedy hereunder preclude any other or further exercise thereof or the exercise of any other right. The rights and remedies herein provided are cumulative and not exclusive of any rights and remedies provided by law.

Appears in 2 contracts

Samples: Receivables Purchase Agreement (Resource America Inc), Receivables Purchase Agreement (Fidelity Leasing Inc)

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No Waiver, Rights and Remedies. No failure on the part of the Deal Agent, the Collateral Custodian, the Backup Servicer any Agent or a any Secured Party or any assignee of any Secured Party to exercise, and no delay in exercising, any right or remedy hereunder shall operate as a waiver thereof; nor shall any single or partial exercise of any right or remedy hereunder preclude any other or further exercise thereof or the exercise of any other right. The rights and remedies herein provided are cumulative and not exclusive of any rights and remedies provided by law.

Appears in 1 contract

Samples: Credit Agreement (Santander Holdings USA, Inc.)

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