Common use of Failure by the Clause in Contracts

Failure by the. Company to insist upon strict compliance with any of the terms, covenants or conditions hereof shall not be deemed a waiver of such terms, covenants or conditions. No waiver of any right under this Agreement shall be deemed effective unless contained in a writing signed by the party charged with such waiver, and no waiver of any right arising from any breach or failure to perform shall be deemed to be a waiver of any future such right or of any other right arising under this Agreement.

Appears in 3 contracts

Sources: Key Employee Agreement (Palomar Medical Technologies Inc), Employment Agreement (Palomar Medical Technologies Inc), Key Employee Agreement (Palomar Medical Technologies Inc)