Rights and Remedies of the Lender. The Agent’s and Lenders’ rights and remedies arising under and contained in this Agreement shall be separate, distinct and cumulative and none of them shall be in exclusion of the other; all remedies arising under or contained in this Agreement shall be in addition to every other remedy now or hereafter existing at law, in equity, by statute or under the Loan Documents; neither any course of dealing by the Agent or Lenders nor any failure or delay on its part to exercise any right, power or privilege hereunder shall operate as a waiver thereof; nor shall any single or partial exercise of any right, power or privilege preclude any other or further exercise thereof or the exercise of any other right or privilege.
Appears in 2 contracts
Sources: Forbearance Agreement (California Coastal Communities Inc), Forbearance Agreement (California Coastal Communities Inc)