Common use of Failure or Indulgency Not Waiver Clause in Contracts

Failure or Indulgency Not Waiver. No failure or delay on the part of Lender in the exercise of any power, right or privilege hereunder shall operate as a waiver thereof, nor shall any single or partial exercise of any such power, right or privilege preclude other or further exercise thereof or of any other right, power or privilege.

Appears in 2 contracts

Sources: Secured Promissory Note (SPIRE Corp), Secured Promissory Note (SPIRE Corp)

Failure or Indulgency Not Waiver. No failure or delay on the part of Lender -------------------------------- the Holder in the exercise of any power, right or privilege hereunder shall operate as a waiver thereof, nor shall any single or partial exercise of any such power, right or privilege preclude other or further exercise thereof or of any other right, power or privilege.

Appears in 1 contract

Sources: Convertible Term Debenture (Knickerbocker L L Co Inc)

Failure or Indulgency Not Waiver. No failure or delay on the part of Lender -------------------------------- any Holder in the exercise of any power, right or privilege hereunder shall operate as a waiver thereof, nor shall any single or partial exercise of any such power, right or privilege preclude other or further exercise thereof or of any other right, power or privilege.

Appears in 1 contract

Sources: Securities Purchase Agreement (Knickerbocker L L Co Inc)