Common use of Acceptance by the Clause in Contracts

Acceptance by the. National Franchisor and/or the Franchisor of any non-payment by the Franchisee, and failure, refusal or neglect of the National Franchisor and/or the Franchisor to exercise any right under this Agreement or to insist upon full compliance by the Franchisee with its obligations in this Agreement or in the Manuals, including without limitation any specification, standard, operating procedure or instruction will not constitute a waiver of any provision of this Agreement. Any waiver granted by the National Franchisor and/or the Franchisor will be without prejudice to any other rights it may have, and may be revoked at any time, and for any reason, by written notice.