Common use of No Waiver of Default Clause in Contracts

No Waiver of Default. A party’s election to waive a default shall not constitute a waiver of a subsequent default of the same or similar nature. A party’s failure to insist on strict performance or failure to exercise a right upon default (i) shall not constitute a waiver of the right to insist on and to enforce strict compliance of other obligations or of future performance, and (ii) shall not constitute a waiver of the right to exercise any right or remedy arising out of any future default or failure to perform.

Appears in 5 contracts

Sources: Agreement for the Development, Operation and Maintenance of Public Golf Facilities, Agreement for the Development, Operation and Maintenance of Public Golf Facilities, Development Agreement

No Waiver of Default. 15.5.1 A party’s election to waive a default shall not constitute a waiver of a subsequent default of the same or similar nature. A party’s failure to insist on strict performance or failure to exercise a right upon default (i) shall not constitute a waiver of the right to insist on and to enforce strict compliance of other obligations or of future performance, and (ii) shall not constitute a waiver of the right to exercise any right or remedy arising out of any future default or failure to perform.

Appears in 4 contracts

Sources: Food and Beverage Concession Agreement, Retail Concession Agreement, Retail Concession Agreement

No Waiver of Default. 14.6.1. A party’s election to waive a default shall not constitute a waiver of a subsequent default of the same or similar nature. A party’s failure to insist on strict performance or failure to exercise a right upon default (i) shall not constitute a waiver of the right to insist on and to enforce strict compliance of other obligations or of future performance, and (ii) shall not constitute a waiver of the right to exercise any right or remedy arising out of any future default or failure to perform.

Appears in 4 contracts

Sources: Food and Beverage Concession Agreement, Food and Beverage Concession Agreement, Food and Beverage Concession Agreement

No Waiver of Default. 14.4.1 A party’s 's election to waive a default shall not constitute a waiver of a subsequent default of the same or similar nature. A party’s 's failure to insist on strict performance or failure to exercise a right upon default (i) shall not constitute a waiver of the right to insist on and to enforce strict compliance of other obligations or of future performance, and (ii) shall not constitute a waiver of the right to exercise any right or remedy arising out of any future default or failure to perform.remedy

Appears in 3 contracts

Sources: Parking and Shuttle Bus Operation and Management Agreement, Parking Operations and Management Agreement, Parking Operations and Shuttle Bus Management Agreement

No Waiver of Default. A party’s s election to waive a default shall not constitute a waiver of a subsequent default of the same or similar nature. A party’s failure to insist on strict performance or failure to exercise a right upon default (i) shall not constitute a waiver of the right to insist on and to enforce strict compliance of other obligations or of future performance, and (ii) shall not constitute a waiver of the right to exercise any right or remedy arising out of any future default or failure to perform.

Appears in 3 contracts

Sources: Food and Beverage Concession Agreement, Retail Concession Agreement, Food and Beverage Concession Agreement

No Waiver of Default. 12.5.1. A party’s 's election to waive a default shall not constitute a waiver of a subsequent default of the same or similar nature. A party’s 's failure to insist on strict performance or failure to exercise a right upon default (i) shall not constitute a waiver of the right to insist on and to enforce strict compliance of other obligations or of future performance, and (ii) shall not constitute a waiver of the right to exercise any right or remedy arising out of any future default or failure to perform.

Appears in 1 contract

Sources: Concession Agreement

No Waiver of Default. 12.4.1 A party’s 's election to waive a default shall not constitute a waiver of a subsequent default of the same or similar nature. A party’s 's failure to insist on strict performance or failure to exercise a right upon default (i) shall not constitute a waiver of the right to insist on and to enforce strict compliance of other obligations or of future performance, and (ii) shall not constitute a waiver of the right to exercise any right or remedy arising out of any future default or failure to performremedy.

Appears in 1 contract

Sources: Contract for Scheduled Bus Management and Operations Services

No Waiver of Default. 12.6.1 A party’s 's election to waive a default shall not constitute a waiver of a subsequent default of the same or similar nature. A party’s 's failure to insist on strict performance or failure to exercise a right upon default (i) shall not constitute a waiver of the right to insist on and to enforce strict compliance of other obligations or of future performance, and (ii) shall not constitute a waiver of the right to exercise any right or remedy arising out of any future default or failure to perform.

Appears in 1 contract

Sources: Concession Agreement

No Waiver of Default. 14.6.1 A party’s election to waive a default shall not constitute a waiver of a subsequent default of the same or similar nature. A party’s failure to insist on strict performance or failure to exercise a right upon default (i) shall not constitute a waiver of the right to insist on and to enforce strict compliance of other obligations or of future performance, and (ii) shall not constitute a waiver of the right to exercise any right or remedy arising out of any future default or failure to perform.

Appears in 1 contract

Sources: Foreign Currency Exchange and Passenger Amenities Concession Agreement

No Waiver of Default. 14.5.1 A party’s 's election to waive a default shall not constitute a waiver of a subsequent default of the same or similar nature. A party’s 's failure to insist on strict performance or failure to exercise a right upon default (i) shall not constitute a waiver of the right to insist on and to enforce strict compliance of other obligations or of future performance, and (ii) shall not constitute a waiver of the right to exercise any right or remedy arising out of any future default or failure to perform.

Appears in 1 contract

Sources: Real Estate Development Agreement