Common use of AMENDMENTS; WAIVERS; REMEDIES Clause in Contracts

AMENDMENTS; WAIVERS; REMEDIES. No amendment, modification or waiver of any provision of this Agreement and no consent by any Senior Creditor to any departure herefrom or therefrom by Obligor or any Subordinated Creditor shall be effective unless such amendment, modification or waiver shall be in writing and signed by such Senior Creditor, and the same shall then be effective only for the period and on the conditions and for the specific instances and purposes specified in such writing. No notice to or demand on Obligor or any Subordinated Creditor not required by the terms of this Agreement in any case shall entitle Obligor or any Subordinated Creditor to any other or further notice or demand in similar or other circumstances, except as otherwise expressly provided herein or therein. The rights and remedies of Senior Creditors under this Agreement shall be cumulative and not alternative.

AMENDMENTS; WAIVERS; REMEDIES. No amendment, modification or waiver of any provision of this Agreement or any of the Loan Documents and no consent by any Senior Creditor Lender to any departure herefrom or therefrom by any Obligor or any Subordinated Creditor shall be effective unless such amendment, modification or waiver shall be in writing and signed by such Senior CreditorLender, and the same shall then be effective only for the period and on the conditions and for the specific instances and purposes specified in such writing. No notice to or demand on any Obligor or any Subordinated Creditor not required by the terms of this Agreement the Loan Documents in any case shall entitle such Obligor or any Subordinated Creditor other Obligor to any other or further notice or demand in similar or other circumstances, except as otherwise expressly provided herein or therein. The rights and remedies of Senior Creditors Lender under this Agreement shall be cumulative and not alternative.