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General Partner agrees that upon receipt of Notice from the Trustee or the Servicing Agent of an Event of Default under the Financing Documents, the General Partner shall make all payments of the Pledged Amount to the Trustee until otherwise notified in writing by the Trustee (at the I direction of the Servicing Agent). SECTION 6.3. Application. The proceeds of collection, sale or other disposition of all or any part of the Collateral coming into the Secured Party's possession may be applied by the Secured Party to any of the Obligations, whether matured or unmatured, in such order and manner as the Secured Party may determine in its sole discretion. SECTION 6.4. No Waiver, etc. No failure or delay by the Secured Party to insist upon the strict performance of any term, condition, covenant or agreement of this Agreement or of the other Financing Documents, or to exercise any right, power or remedy consequent upon a breach thereof, shall constitute a waiver of any such term, condition, covenant or agreement or of any such breach, or preclude the Secured Party from exercising any such right, power or remedy at any later time or times. By accepting payment after the due date of any amount payable under this Agreement or under any of the other Financing Documents, the Secured Party shall not be deemed to waive the right either to require prompt payment when due of all other amounts payable under this Agreement or under any of the other Financing Documents, or to declare an Event of Default for failure to effect such prompt payment of any such other amount. The payment by the Pled or, the Company or any other Person and the acceptance by the Secured Party or any other amount due and payable under the provisions of this Agreement or the other Financing Documents at any time during which an Event of Default exists shall not in any way or manner be construed as a waiver of such Event of Default by the Secured Party or preclude the Secured Party from exercising any right of power or remedy consequent upon such Event of Default. ARTICLE VII MISCELLANEOUS SECTION 7.1. Course of Dealina-, Amendment. No course of dealing between the Secured Party and the Pled or shall be effective to amend, modify or change any provision of this Agreement or the other Financing Documents. The Secured Party shall have the right at all times to enforce the provisions of this Agreement and the other Financing Documents in strict accordance with the provisions hereof and thereof, notwithstanding any conduct or custom on the part of the Secured Party in refraining from so doing at any time or times. The failure of the Secured Party at any time or times to enforce its rights under such provisions, strictly in accordance with the same, shall not be construed as having created a custom in any way or manner contrary to specific provisions of this Agreement or the other Financing Documents or as having in any way or manner modified or waived the same. This Agreement may not be amended, modified, or changed in any respect except by an agreement in writing signed by the Secured Party and the Pledgor. # 420053 011367-0283 Irl