Common use of Waiver of Event of Default Clause in Contracts

Waiver of Event of Default. No delay in terminating the Bank's commitment under this Agreement and/or in making demand shall affect the rights of the Bank later to take such action with respect thereto, and no waiver as to one Event of Default shall affect rights as to any other default.

Appears in 4 contracts

Samples: Line of Credit Agreement (United Energy Corp /Nv/), Credit Agreement (Fragrancenet Com Inc), Term Loan Agreement (Mikron Instrument Co Inc)

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Waiver of Event of Default. No delay in terminating accelerating the Bank's commitment under this Agreement and/or in making demand maturity of any Obligation shall affect the rights of the Bank later to take such action with respect thereto, and no waiver as to one Event of Default shall affect rights as to any other default.

Appears in 1 contract

Samples: Term Loan Agreement (Vivus Inc)

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Waiver of Event of Default. No delay in terminating the Bank's ’s commitment under this Agreement and/or in making demand shall affect the rights of the Bank later to take such action with respect thereto, and no waiver as to one Event of Default shall affect rights as to any other default.

Appears in 1 contract

Samples: Technical Communications Corp

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