Common use of NO FAILURE OR DELAY Clause in Contracts

NO FAILURE OR DELAY. No failure or delay on the part of Bank, in the exercise of any power, right or privilege hereunder shall operate as a waiver thereof, nor shall any single or partial exercise thereof.

Appears in 2 contracts

Sources: Loan Agreement (Intraware Inc), Loan Agreement (Extricity Inc)

NO FAILURE OR DELAY. No failure or delay on the part of Bank, Bank in the exercise of any power, right or privilege hereunder shall operate as a waiver thereof, nor shall any single or partial exercise thereof.

Appears in 1 contract

Sources: Senior Secured Credit Agreement (Dovebid Inc)