Common use of NO FAILURE OR DELAY Clause in Contracts

NO FAILURE OR DELAY. No failure or delay on the part of Assignee, 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 (Tut Systems Inc), Collateral Assignment, Patent Mortgage and Security Agreement (Excite Inc)