Common use of Waiver and Agreement Clause in Contracts

Waiver and Agreement. Neither the failure nor any delay on the part of Bank -------------------- to exercise any right, power or privilege herein or under any of the other Loan Documents shall operate as a waiver thereof, nor shall any single or partial exercise of such right, power or privilege preclude any other or further exercise thereof or the exercise of any other right, power or privilege. No waiver of any provision in this Loan Agreement or in any of the other Loan Documents and no departure by Borrower or Guarantor therefrom shall be effective unless the same shall be in writing and signed by Bank, and then shall be effective only in the specific instance and for the purpose for which given and to the extent specified in such writing. No Modification or amendment to this Loan Agreement or to any of the other Loan Documents shall be valid or effective unless the same is signed by the party against whom it is sought to be enforced.

Appears in 1 contract

Samples: Loan Agreement (Mace Security International Inc)

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Waiver and Agreement. Neither the failure nor any delay on the part of Bank -------------------- Lender to exercise any right, power or privilege herein or under any of the other Loan Documents shall operate as a waiver thereof, nor THERMO CREDIT, LLC - UNITED ESYSTEMS, INC. shall any single or partial exercise of such right, power or privilege preclude any other or further exercise thereof or the exercise of any other right, power or privilege. No waiver of any provision in this Loan Agreement or in any of the other Loan Documents and no departure by Borrower or Guarantor any Obligor therefrom shall be effective unless the same shall be in writing and signed by BankLender, and then shall be effective only in the specific instance and for the purpose for which given and to the extent specified in such writing. No Modification modification or amendment to this Loan Agreement or to any of the other Loan Documents shall be valid or effective unless the same is signed by the party against whom it is sought to be enforced.

Appears in 1 contract

Samples: Pledge and Security Agreement (United eSystems, Inc.)

Waiver and Agreement. Neither the failure nor any delay on the part of Bank -------------------- the Lender to exercise any right, power power, or privilege herein or under any of the other Loan Documents shall operate as a waiver thereof, nor shall any single or partial exercise of such right, power power, or privilege preclude any other or further exercise thereof or the exercise of any other right, power power, or privilege. No waiver of any provision in this Loan Agreement or in any of the other Loan Documents Documents, and no departure by the Borrower or Guarantor therefrom therefrom, shall be effective unless the same shall be in writing and signed by Bankthe Lender, and then shall be effective only in the specific instance and for the purpose for which given and to the extent specified in such writing. No Modification modification or amendment to this Loan Agreement or to any of the other Loan Documents shall be valid or effective unless the same is signed by the party against whom it is sought to be enforced.

Appears in 1 contract

Samples: Loan Agreement (Medina International Holdings, Inc.)

Waiver and Agreement. Neither the failure nor any delay on the part of Bank -------------------- Lender to exercise any right, power or privilege herein or under any of the other Loan Documents shall operate as a waiver thereof, nor shall any single or partial exercise of such right, power or privilege preclude any other or further exercise thereof or the exercise of any other right, power or privilege. No waiver of any provision in this Loan Agreement or in any of the other Loan Documents and no departure by Borrower or the Guarantor therefrom shall be effective unless the same shall be in writing and signed by BankLender, and then shall be effective only in the specific instance and for the purpose for which given and to the extent specified in such writing. No Modification modification or amendment to this Loan Agreement or to any of the other Loan Documents shall be valid or effective unless the same is signed by the party against whom it is sought to be enforced.

Appears in 1 contract

Samples: Loan Agreement (Us Home Systems Inc)

Waiver and Agreement. Neither the failure nor any delay on the part of Bank -------------------- Lender to exercise any right, power or privilege herein or under any of the other Loan Documents shall operate as a waiver thereof, nor shall any single or partial exercise of such right, power or privilege preclude any other or further exercise thereof or the exercise of any other right, power or privilege. No waiver of any provision in this Loan Agreement or in any of the other Loan Documents and no departure by Borrower or Guarantor Xxxxxxxxx therefrom shall be effective unless the same shall be in writing and signed by BankLender, and then shall be effective only in the specific instance and for the purpose for which given and to the extent specified in such writing. No Modification modification or amendment to this Loan Agreement or to any of the other Loan Documents shall be valid or effective unless the same is signed by the party against whom it is sought to be enforced.

Appears in 1 contract

Samples: Loan Agreement (Calloways Nursery Inc)

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Waiver and Agreement. Neither the failure nor any delay on the part of Bank -------------------- Lender to exercise any right, power or privilege herein or under any of the other Loan Documents shall operate as a waiver thereof, nor shall any single or partial exercise of any such right, power or privilege preclude any other or further exercise thereof or the exercise of any other right, power or privilege. No waiver of any provision in this Loan Agreement or in any of the other Loan Documents and no departure by any Borrower or any Guarantor therefrom shall be effective unless the same shall be in writing and signed by BankXxxxxx, and then shall be effective only in the specific instance and for the purpose for which given and to the extent specified in such writing. No Modification modification or amendment to this Loan Agreement or to any of the other Loan Documents shall be valid or effective unless the same is signed by the party against whom it is sought to be enforced.

Appears in 1 contract

Samples: Loan and Security Agreement (Digerati Technologies, Inc.)

Waiver and Agreement. Neither the failure nor any delay on the part of Bank -------------------- Lender to exercise any right, power or privilege herein or under any of the other Loan Documents shall operate as a waiver thereof, nor shall any single or partial exercise of such right, power or Second Amended and Restated Loan and Security Agreement privilege preclude any other or further exercise thereof or the exercise of any other right, power or privilege. No waiver of any provision in this Loan Agreement or in any of the other Loan Documents and no departure by Borrower or Guarantor therefrom shall be effective unless the same shall be in writing and signed by BankLender, and then shall be effective only in the specific instance and for the purpose for which given and to the extent specified in such writing. No Modification modification or amendment to this Loan Agreement or to any of the other Loan Documents shall be valid or effective unless the same is signed by the party against whom it is sought to be enforced.

Appears in 1 contract

Samples: Loan and Security Agreement (Viewcast Com Inc)

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