Effects of Waiver Clause Samples

The "Effects of Waiver" clause defines the consequences when a party chooses to relinquish or not enforce a right or provision under the contract. Typically, this clause clarifies that if one party waives a breach or fails to enforce a term at one time, it does not mean they permanently give up that right or must do so in the future. For example, if a party overlooks a missed payment once, it does not prevent them from enforcing payment terms later. This clause ensures that occasional leniency does not undermine the contract's enforceability, preserving each party's rights and preventing unintended loss of contractual protections.
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Effects of Waiver. No delay or omission to exercise any right, power, or remedy accruing to a Party on any breach or default of another Party under this Agreement shall impair any such right, power, or remedy of the aggrieved Party, nor shall it be construed to be a waiver of any such breach or default, or an acquiescence therein, or of any similar breach or default thereafter occurring; nor shall any waiver of any single breach or default be deemed a waiver of any other breach of default. Any waiver, permit, consent, or approval of any kind or character on the part of a Party of any breach or default under this Agreement, or any waiver on the part of a Party of any provision or condition of this Agreement, must be in writing and be effective only to the extent specifically set forth in such writing. All remedies, either under this Agreement or by law or otherwise afforded to a Party, shall be cumulative and not alternative.
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Effects of Waiver. The waiver of any condition based on the accuracy of any representation or warranty, or on the performance of or compliance with any covenant or obligation, will not affect the right to indemnification, payment of Adverse Consequences, or other remedy based on such representations, warranties, covenants and obligations.
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Effects of Waiver. Any waiver by either party of a breach or violation of any provision of this Agreement by the other party shall not operate or be construed as a waiver of any subsequent breach by either party. No waiver shall be binding unless executed in writing.
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Effects of Waiver. Any consent or permission by Landlord to any act or omission by Tenant shall not be deemed to be consent or permission by Landlord to any other similar or dissimilar act or omission and any such consent or permission in one instance shall not be deemed to be consent or permission in any other instance.
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Effects of Waiver. The waiver by either party of a breach of any of the provisions of this Agreement by the other party shall not be construed as a waiver of any succeeding breach of the same or other provisions; nor shall any delay or omission by either party in exercising any right that it may have under this Agreement operate as a waiver of any breach or default by the other party.
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Effects of Waiver. The failure of either party to exercise any of its rights hereunder shall not constitute a waiver of any of such rights, or other rights or remedies available to that party hereunder or under applicable law.
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Effects of Waiver. Each of the covenants by the Patron shall remain in force both at law and in equity notwithstanding that the Minister shall have waived or released temporarily any such covenant. IN WITNESS whereof _ being an Officer so authorised by the Minister under Section 15(4) of the Ministers and ▇▇▇▇▇▇▇▇▇▇▇ ▇▇▇, ▇▇▇▇ and the Patron has hereunto subscribed his name and affixed his seal the day and year first herein WRITTEN. (a) all Conduits in, upon, over or under and exclusively serving the same; (b) all the Lessor’s fixtures and fittings now or hereafter in or upon same; and (c) all additions, alterations and improvements thereto WHERE BY IT IS AGREED by and between the Licensor and Licensee with the consent of the Minister of Education & Skills (hereinafter referred to as “the Minister”) testified by his execution hereof as follows:- 1. For as long as this agreement shall remain in force the Licensor shall make available to the Licensee and the Licensee shall use for the purpose of operating a primary or post primary (delete inappropriate school)school sufficient space in the premises (hereinafter referred to as “the allocated premises”) set forth and described in the Schedule hereto as the Licensor shall from time to time designate together with the right to place thereon such furniture as the allocated premises can reasonably accommodate and the Licensee may require for the purposes aforesaid. 2. This agreement shall commence on the day of and shall continue until determined by either party hereto or by the Minister by weeks notice in writing expiring on any day of the week given to the other parties hereto. 3. The Licensee shall have access for itself and its students and its duly authorised servants and agents including teachers and others during the subsistence of this agreement to and from the allocated premises by through and from the various entrances and exits thereof as may be necessary or convenient for the purposes of its business but not for any other purposes whatsoever and may grant entrance permits to its servants and agents for the purposes of this Clause subject always to the right of the Licensor or the Minister to make special rules to ensure compliance with any rules or regulations which may from time to time be made by any authority having lawful power in that behalf. 4. The Licensee agrees:- (1) To pay and discharge all bills incurred in respect of the heating, electricity, gas consumed and telephone calls made from the allocated premises f...
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Effects of Waiver. The Parties acknowledge and agree that any waiver of any of the Conditions Precedent: (i) must be made in writing and expressly; and (ii) binds the waiving Party for all purposes of this Agreement and the Law.
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Related to Effects of Waiver

  • Effect of Waiver No consent or waiver, express or implied, by the Agent to or for any breach of or deviation from any covenant, condition or duty by the Borrower shall be deemed a consent or waiver to or of any other breach of the same or any other covenant, condition or duty.

  • Terms of Waiver As an enrolled, Covered Guest, staying at an iTrip Franchisee property, under this plan, you will not be obligated to pay for Covered Damage (defined below) to real or personal property of the owner of the rental unit located within the rental unit occupied by the Covered Guest. When the Covered Guest purchases this plan, the property manager waives the right to charge the Covered Guest for Covered Damage to the unit as a result of your inadvertent acts or omissions during the duration of the Stay. Maximum limit of this waiver of liability is $1,475.00 aggregate per stay.

  • Effects of the Merger The Merger shall have the effects set forth in the DGCL. Without limiting the generality of the foregoing, and subject thereto, at the Effective Time, all the properties, rights, privileges, powers and franchises of the Company and Merger Sub shall vest in the Surviving Corporation, and all debts, liabilities and duties of the Company and Merger Sub shall become the debts, liabilities and duties of the Surviving Corporation.

  • Effects of the Mergers As a result of the mergers, the partners in the participating partnerships will have no continuing interest in those partnerships. Following the mergers, there will be no trading market for the partnership interests in, and no further distributions paid to the former partners of, the participating partnerships. In addition, following the consummation of the mergers, the registration of any partnership interests in participating partnerships under the Securities Exchange Act of 1934 will be terminated. CONDUCT OF BUSINESS PRIOR TO THE MERGERS From the date of the merger agreement until the effective time of the mergers, Pioneer, Pioneer USA and the partnerships are required: - to conduct their businesses only in the ordinary course consistent with past practice; and - to use their reasonable best efforts: - to preserve intact their business organizations; - to keep available the services of their officers, employees and consultants; and - to preserve their relationships with customers, suppliers and other persons with which they have significant business dealings. Pioneer USA has suspended cash distributions to partners until after the effective time of the mergers. Partners of nonparticipating partnerships will receive cash distributions that are delayed for administrative purposes at the same time Pioneer USA mails checks to the partners of participating partnerships in payment of merger values.

  • Effect of Waiver or Consent A waiver or consent, express or implied, to or of any breach or default by any Person in the performance by that Person of its obligations with respect to the Company is not a consent or waiver to or of any other breach or default in the performance by that Person of the same or any other obligations of that Person with respect to the Company. Failure on the part of a Person to complain of any act of any Person or to declare any Person in default with respect to the Company, irrespective of how long that failure continues, does not constitute a waiver by that Person of its rights with respect to that default until the applicable statute-of-limitations period has run.