Common use of Delay or Omission Clause in Contracts

Delay or Omission. No delay or omission on the part of Bank in exercising any right, remedy or power arising from any Event of Default will impair any such right, remedy or power or any other right remedy or power or be considered a waiver or any right, remedy or power or any Event of Default nor will the action or omission to act by Bank upon the occurrence of any Event of Default impair any right, remedy or power arising as a result thereof or affect any subsequent Event of Default of the same or different nature.

Appears in 4 contracts

Sources: Credit Agreement (Bioanalytical Systems Inc), Credit Agreement (Obsidian Enterprises Inc), Credit Agreement (Ogara Co /Oh/)

Delay or Omission. No delay or omission on the part of Bank in exercising any right, remedy or power arising from any Event of Default will shall impair any such right, remedy or power or any other right right, remedy or power or be considered a waiver or of any right, remedy or power or of any Event of Default nor will shall the action or omission to act by Bank upon the occurrence of any Event of Default impair any right, remedy or power arising as a result thereof or affect any subsequent Event of Default of the same or different nature.

Appears in 3 contracts

Sources: Credit Agreement (Energy Inc.), Credit Agreement (Energy Inc.), Credit Agreement (Energy Inc.)

Delay or Omission. No delay or omission on the part of Bank in exercising any right, remedy or power arising from any Event of Default will impair any such right, remedy or power or any other right remedy or power or be considered a waiver or of any right, remedy or power or any Event of Default nor will Default; and the action or omission to act by Bank upon the occurrence of any Event of Default will not impair any right, remedy or power arising as a result thereof or affect any subsequent Event of Default of the same or different nature.

Appears in 3 contracts

Sources: Credit Agreement (Health Care Reit Inc /De/), Credit Agreement (Health Care Reit Inc /De/), Credit Agreement (Health Care Reit Inc /De/)

Delay or Omission. No delay or omission on the part of Bank in exercising any right, remedy or power arising from any Event of Default will impair any such right, remedy or power or any other right right, remedy or power or be considered a waiver or any right, remedy or power or any Event of Default nor will the action or omission to act by Bank upon the occurrence of any Event of Default impair any right, remedy or power arising as a result thereof or affect any subsequent Event of Default of the same or different nature.

Appears in 1 contract

Sources: Credit Agreement (Interlott Technologies Inc)

Delay or Omission. No delay or omission on the part of Bank in ----------------- exercising any right, remedy or power arising from any Event of Default will shall impair any such right, remedy or power or any other right right, remedy or power or be considered a waiver or of any right, remedy or power or of any Event of Default nor will shall the action or omission to act by Bank upon the occurrence of any Event of Default impair any right, remedy or power arising as a result thereof or affect any subsequent Event of Default of the same or different nature.

Appears in 1 contract

Sources: Credit Agreement (Ourpets Co)

Delay or Omission. No delay or omission on the part of the Bank in exercising any right, remedy or power arising from any Event of Default will impair any such right, remedy or power or any other right remedy or power or be considered a waiver or any right, remedy or power or any Event of Default nor will the action or omission to act by the Bank upon the occurrence of any Event of Default impair any right, remedy or power arising as a result thereof or affect any subsequent Event of Default of the same or different nature.

Appears in 1 contract

Sources: Credit Agreement (Bancinsurance Corp)

Delay or Omission. No delay or omission on the part of Bank in exercising any right, remedy or power arising from any Event of Default will impair any such right, remedy or power power; or any other right right, remedy or power or to be considered a waiver waiver; or any right, remedy or power or any Event of Default nor will the action or omission to act by Bank upon the occurrence of any Event of Default impair any right, remedy or power arising as a result thereof or affect any subsequent Event of Default of the same or different nature.

Appears in 1 contract

Sources: Credit Agreement (Health Care Reit Inc /De/)