Common use of Default of Delay Not Waiver Clause in Contracts

Default of Delay Not Waiver. No default or delay on the part of a Party in exercising any rights, powers or privileges under this Agreement will operate as a waiver thereof nor will a single or partial exercise thereof preclude any other or further exercise thereof or the exercise of any other right, power or privilege.

Appears in 3 contracts

Sources: Farm Out Agreement (Tag Oil LTD), Farm Out Agreement (Tag Oil LTD), Sale Agreement (Tag Oil LTD)

Default of Delay Not Waiver. No default or delay on the part of a any Party in exercising any rights, powers or privileges under this Agreement will operate as a waiver thereof nor will a single or partial exercise thereof preclude any other or further exercise thereof or the exercise of any other right, power or privilege.

Appears in 1 contract

Sources: Farmout Agreement (Indo Pacific Energy LTD)