Common use of REMEDIES, WAIVERS, AMENDMENTS AND CONSENTS Clause in Contracts

REMEDIES, WAIVERS, AMENDMENTS AND CONSENTS. 14.1 No amendment of the Finance Documents shall be effective unless it is in writing and signed by, or on behalf of, each party to it (or its authorized representative). 14.2 A waiver of any right or remedy under the Finance Documents or by law, or any consent given under the Finance Documents, is only effective if given in writing by the waiving or consenting party and shall not be deemed a waiver of any other breach or default. It only applies in the circumstances for which it is given and shall not prevent the party giving it from subsequently relying on the relevant provision. 14.3 A failure or delay by a party to exercise any right or remedy provided under the Finance Documents or by law shall not constitute a waiver of that or any other right or remedy, prevent or restrict any further exercise of that or any other right or remedy or constitute an election to affirm the Finance Documents. No single or partial exercise of any right or remedy provided under this agreement and/or the Finance Documents or by law shall prevent or restrict the further exercise of that or any other right or remedy. No election to affirm the Finance Documents by the Lender shall be effective unless it is in writing. 14.4 The rights and remedies provided under the Finance Documents are cumulative and are in addition to, and not exclusive of, any rights and remedies provided by law.