Common use of Delay Not a Waiver Clause in Contracts

Delay Not a Waiver. Neither the failure nor any delay on the part of Lender to exercise any right, power or privilege under this Agreement or under any document executed in connection herewith shall operate as a waiver of such right, power or privilege and any single or partial exercise of any such right, power or privilege shall not preclude any other or further exercise thereof.

Appears in 6 contracts

Sources: Mezzanine B Loan Forbearance Agreement (Hospitality Investors Trust, Inc.), Mezzanine a Loan Forbearance Agreement (Hospitality Investors Trust, Inc.), Forbearance Agreement (Hospitality Investors Trust, Inc.)

Delay Not a Waiver. Neither the failure nor any or delay on the part of Lender to exercise any right, power or privilege under this Agreement hereunder or under any document executed in connection herewith of the Other Agreements shall operate as a waiver of such right, power or privilege and thereof nor shall any single or partial exercise of any such right, power or privilege shall not preclude any other or further exercise thereofthereof or the exercise of any other right, power or privilege.

Appears in 4 contracts

Sources: Revolving Credit Facility Loan Agreement (IPC Alternative Real Estate Income Trust, Inc.), Loan Agreement (Pacific Oak Strategic Opportunity REIT, Inc.), Loan Agreement (Pacific Oak Strategic Opportunity REIT, Inc.)