Common use of Failure to Exercise Right Clause in Contracts

Failure to Exercise Right. The failure of either party to act of exercise any right under this Agreement upon the breach of any of the terms hereof by the other party shall not be construed as a waiver of such breach, or prevent the party from thereafter enforcing strict compliance with any and all of the terms of this Agreement.

Appears in 2 contracts

Sources: Taxicab Vehicle Lease Agreement, Taxicab Vehicle Lease Agreement