Common use of Remedies are Cumulative Clause in Contracts

Remedies are Cumulative. No failure on the part of Lender to exercise, and no delay in exercising, any right, power or remedy hereunder shall operate as a waiver thereof, nor shall any single or partial exercise by Lender or any right, power or remedy hereunder preclude any other or further exercise thereof or the exercise of any right, power or remedy. The remedies herein provided are cumulative and are not exclusive of any remedies provided by law, in equity, or in other Loan Documents.

Appears in 4 contracts

Samples: Borrower Pledge and Security Agreement (Elandia International Inc.), Alvarado Pledge and Security Agreement (Elandia International Inc.), Loan Agreement (Old Dominion Freight Line Inc/Va)

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Remedies are Cumulative. No failure on the part of Lender any of the Lenders to exercise, and no delay in exercising, any right, power or remedy hereunder shall operate as a waiver thereof, nor shall any single or partial exercise by Lender or the Agent on behalf of the Lenders of any right, power or remedy hereunder preclude any other or further exercise thereof or the exercise of any other right, power or remedy. The remedies herein provided are cumulative and are not exclusive of any remedies provided by law, in equity, or in other Loan Documents.

Appears in 1 contract

Samples: Acknowledgement and Agreement (General Maritime Corp)

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