Section 8 Waiver Sample Clauses
A Section 8 Waiver clause serves to relinquish or forgo certain rights or claims that a party might otherwise have under Section 8 of a contract or statute. In practice, this clause typically specifies which rights are being waived, such as the right to assert specific defenses or to receive certain benefits, and may require the waiver to be in writing or meet other formalities. The core function of this clause is to provide certainty and prevent parties from later asserting rights that they have expressly agreed to waive, thereby reducing potential disputes and clarifying the parties' obligations.
Section 8 Waiver. The Purchaser agrees that to the extent any waiver of rights under this Section 8 is ineffective as a matter of law, the Purchaser has offered such waiver for the benefit of the Company as an equitable right that shall survive any statutory disqualification or bar that applies to a legal right. The Purchaser acknowledges the receipt and sufficiency of consideration received from the Company hereunder in this regard.
Section 8 Waiver. Each of the Sponsors agrees that to the extent any waiver of rights under this Section 8 is ineffective as a matter of law, each of the Sponsors have offered such waiver for the benefit of the Company as an equitable right that shall survive any statutory disqualification or bar that applies to a legal right. Each of the Sponsors acknowledges the receipt and sufficiency of consideration received from the Company hereunder in this regard.
Section 8 Waiver. The Subscriber agrees that to the extent any waiver of rights under this Section 8 is ineffective as a matter of law, the Subscriber has offered such waiver for the benefit of the Company as an equitable right that shall survive any statutory disqualification or bar that applies to a legal right. The Subscriber acknowledges the receipt and sufficiency of consideration received from the Company hereunder in this regard