Time or Indulgence Clause Samples

The 'Time or Indulgence' clause establishes that if one party grants extra time or leniency to the other in fulfilling contractual obligations, this does not constitute a waiver of any rights under the contract. For example, if a party allows a late payment or overlooks a missed deadline, it does not mean they forfeit the right to enforce those terms in the future. This clause ensures that occasional flexibility does not undermine the enforceability of the contract, protecting parties from inadvertently losing their rights through acts of indulgence.
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Time or Indulgence. The grant by the Lender to any Principal or any other person of any time, waiver, consent or indulgence.
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Time or Indulgence. 17.1 Any time or other indulgence granted by the Owner shall not affect the strict rights of the Owner under this Contract. 17.2 No failure on the part of the Owner to exercise, and no delay on its part in exercising any right or remedy under this Contract will operate as a waiver thereof, nor will any single or partial exercise of any right or remedy under this Contract preclude any other or further exercise of any other right or remedy.
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Time or Indulgence. If the DTI gives time or indulgence to the Company or the Guarantor in the performance of any part of this Agreement, the DTI's other rights under this Agreement shall not be affected.
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Related to Time or Indulgence

  • INDULGENCE 32.1 No relaxation or indulgence which may be granted by either of the Parties to the other will be construed as a waiver by either Party of any of rights arising out of the Agreement, nor will it in any way prejudice either Party’s rights or preclude either Party from exercising any of your rights in the future.

  • Failure or Indulgence Not Waiver No failure or delay on the part of the Holder hereof 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. All rights and remedies existing hereunder are cumulative to, and not exclusive of, any rights or remedies otherwise available.

  • Indulgences, Etc Neither the failure nor any delay on the part of either party to exercise any right, remedy, power or privilege under this Agreement shall operate as a waiver thereof, nor shall any single or partial exercise of any right, remedy, power or privilege preclude any other or further exercise of the same or of any other right, remedy, power or privilege, nor shall any waiver of any right, remedy, power or privilege with respect to any occurrence be construed as a waiver of such right, remedy, power or privilege with respect to any other occurrence. No waiver shall be effective unless it is in writing and is signed by the party asserted to have granted such waiver.

  • INDULGENCES No indulgence granted by a party shall constitute a waiver of any of that party's rights under this agreement; accordingly, that party shall not be precluded as a consequence of having granted such indulgence, from exercising any rights against the other which may have arisen in the past or which may arise in the future.

  • Indulgences; No Waivers Neither the failure nor any delay on the part of a party to exercise any right, remedy, power or privilege under this Agreement shall operate as a waiver thereof, nor shall any single or partial exercise of any right, remedy, power or privilege preclude any other or further exercise of the same or of any other right, remedy, power or privilege, nor shall any waiver of any right, remedy, power or privilege with respect to any occurrence be construed as a waiver of such right, remedy, power or privilege with respect to any other occurrence. No waiver shall be effective unless it is in writing and is signed by the party asserted to have granted such waiver.