Common use of WAIVER AND VARIATION Clause in Contracts

WAIVER AND VARIATION. 7.1 A failure or delay by a Party to exercise any right or remedy provided under this Agreement or Law, whether by conduct or otherwise, shall not constitute a waiver of that or any other right or remedy, nor shall it preclude or restrict any further exercise of that or any other right or remedy. No single or partial exercise of any right or remedy provided under this Agreement or by Law, whether by conduct or otherwise, shall preclude or restrict the further exercise of that or any other right or remedy. 7.2 A waiver of any right or remedy under this Agreement shall only be effective if given in writing and shall not be deemed a waiver of any subsequent breach or default. A Party that waives a right or remedy provided under this Agreement or by Law in relation to another Party does not affect its rights in relation to any other Party. 7.3 Unless otherwise specified in this Agreement, any variation or amendment of this Agreement or any of the documents referred to in it shall be valid, effective and binding upon all Parties if it is in writing and duly signed by or on behalf of the Parties. 7.4 Unless expressly agreed, no variation or amendment shall constitute a general waiver of any provision of this Agreement, nor shall it affect any rights or obligations under or pursuant to this Agreement which have already accrued up to the date of variation or amendment and the rights and obligations under or pursuant to this Agreement shall remain in full force and effect except and only to the extent that they are varied or amended.

Appears in 4 contracts

Sources: Commitment Agreement, Commitment Agreement (Farfetch LTD), Commitment Agreement (Farfetch LTD)

WAIVER AND VARIATION. 7.1 15.1 A failure or delay by a Party to exercise any right or remedy provided under this Agreement or by Applicable Law, whether by conduct or otherwise, shall not constitute a waiver of that or any other right or remedy, nor shall it preclude or restrict any further exercise of that or any other right or remedy. No single or partial exercise of any right or remedy provided under this Agreement or by Applicable Law, whether by conduct or otherwise, shall preclude or restrict the further exercise of that or any other right or remedy. 7.2 15.2 A waiver of any right or remedy under this Agreement shall only be effective if given in writing and shall not be deemed a waiver of any subsequent breach or default. A Party that waives a right or remedy provided under this Agreement or by Law in relation to another Party does not affect its rights in relation to any other Party. 7.3 Unless otherwise specified in this Agreement, any 15.3 No variation or amendment of this Agreement or any of the documents referred to in it shall be valid, effective and binding upon all Parties if valid unless it is in writing and duly signed executed by or on behalf of all of the Parties. 7.4 Parties to this Agreement. Unless expressly agreed, no variation or amendment shall constitute a general waiver of any provision of this Agreement, nor shall it affect any rights or obligations under or pursuant to this Agreement which have already accrued up to the date of variation or amendment and the rights and obligations under or pursuant to this Agreement shall remain in full force and effect except and only to the extent that they are varied or amended.

Appears in 3 contracts

Sources: Asset Transfer and Contribution Agreement, Asset Transfer and Contribution Agreement (Rowan Companies PLC), Asset Transfer and Contribution Agreement (Rowan Companies PLC)

WAIVER AND VARIATION. 7.1 12.1 A failure or delay by a Party party to exercise any right or remedy provided under this Agreement Deed or Lawby law, whether by conduct or otherwise, shall not constitute a waiver of that or any other right or remedy, nor shall it preclude or restrict any further exercise of that or any other right or remedy. No single or partial exercise of any right or remedy provided under this Agreement Deed or by Lawlaw, whether by conduct or otherwise, shall preclude or restrict the further exercise of that or any other right or remedy. 7.2 12.2 A waiver of any right or remedy under this Agreement Deed shall only be effective if given in writing and shall not be deemed a waiver of any subsequent breach or default. A Party that waives a right or remedy provided under this Agreement or by Law in relation to another Party does not affect its rights in relation to any other Party. 7.3 Unless otherwise specified in this Agreement, any 12.3 No variation or amendment of this Agreement or any of the documents referred to in it Deed shall be valid, effective and binding upon all Parties if valid unless it is in writing and duly signed executed by or on behalf of all of the Parties. 7.4 parties to this Deed. Unless expressly agreed, no variation or amendment shall constitute a general waiver of any provision of this AgreementDeed, nor shall it affect any rights or obligations under or pursuant to this Agreement Deed which have already accrued up to the date of variation or amendment and the rights and obligations under or pursuant to this Agreement Deed shall remain in full force and effect except and only to the extent that they are varied or amended.

Appears in 2 contracts

Sources: Share Purchase Agreement (Vertical Aerospace Ltd.), Deed (Vertical Aerospace Ltd.)

WAIVER AND VARIATION. 7.1 22.1 A failure or delay by a Party party to exercise any right or remedy provided under this Agreement or by Law, whether by conduct or otherwise, shall not constitute a waiver of that or any other right or remedy, nor shall it preclude or restrict any further exercise of that or any other right or remedy. No single or partial exercise of any right or remedy provided under this Agreement or by Law, whether by conduct or otherwise, shall preclude or restrict the further exercise of that or any other right or remedy. 7.2 22.2 A waiver of any right or remedy under this Agreement shall only be effective if given in writing and shall not be deemed a waiver of any subsequent breach or default. It is acknowledged and agreed that the Seller Representative may waive any right or remedy under this Agreement on behalf of the Sellers. 22.3 A Party party that waives a right or remedy provided under this Agreement or by Law in relation to another Party party does not affect its rights in relation to any other Partyparty. 7.3 Unless otherwise specified in this Agreement, any 22.4 No variation or amendment of this Agreement or any of the documents referred to in it shall be valid, effective and binding upon all Parties if valid unless it is in writing and duly signed executed by or on behalf the Buyer and each of the Parties. 7.4 Sellers. Unless expressly agreedagreed between the Buyer and the Sellers, no variation or amendment shall constitute a general waiver of any provision of this Agreement, nor shall it affect any rights or obligations under or pursuant to this Agreement which have already accrued up to the date of variation or amendment and the rights and obligations under or pursuant to this Agreement shall remain in full force and effect except and only to the extent that they are varied or amended.

Appears in 1 contract

Sources: Share Purchase Agreement (Cadence Design Systems Inc)

WAIVER AND VARIATION. 7.1 20.1 A failure or delay by a Party party to exercise any right or remedy provided under this Agreement or by Law, whether by conduct or otherwise, shall not constitute a waiver of that or any other right or remedy, nor shall it preclude or restrict any further exercise of that or any other right or remedy. No single or partial exercise of any right or remedy provided under this Agreement or by Law, whether by conduct or otherwise, shall preclude or restrict the further exercise of that or any other right or remedy. 7.2 20.2 A waiver of any right or remedy under this Agreement shall only be effective if given in writing and shall not be deemed a waiver of any subsequent breach or default. . 20.3 A Party party that waives a right or remedy provided under this Agreement or by Law in relation to another Party party does not affect its rights in relation to any other Partyparty. 7.3 Unless otherwise specified in this Agreement, any 20.4 No variation or amendment of this Agreement or any of the documents referred to in it shall be valid, effective and binding upon all Parties if valid unless it is in writing and duly signed executed by or on behalf of the Parties. 7.4 Institutional Seller, the LX1 Seller, a Management Seller Representative, the Buyer and LMC. Unless expressly agreed, no variation or amendment shall constitute a general waiver of any provision of this Agreement, nor shall it affect any rights or obligations under or pursuant to this Agreement which have already accrued up to the date of variation or amendment and the rights and obligations under or pursuant to this Agreement shall remain in full force and effect except and only to the extent that they are varied or amended.

Appears in 1 contract

Sources: Share Purchase Agreement (Liberty Media Corp)

WAIVER AND VARIATION. 7.1 14.1 A failure or delay by a Party to exercise any right or remedy provided under this Agreement or Lawby law, whether by conduct or otherwise, shall not constitute a waiver of that or any other right or remedy, nor shall it preclude or restrict any further exercise of that or any other right or remedy. No single or partial exercise of any right or remedy provided under this Agreement or by Lawlaw, whether by conduct or otherwise, shall preclude or restrict the further exercise of that or any other right or remedy. 7.2 14.2 A waiver of any right or remedy under this Agreement shall only be effective if given in writing and shall not be deemed a waiver of any subsequent breach or default. A Party that waives a right or remedy provided under this Agreement or by Law in relation to another Party does not affect its rights in relation to any other Party. 7.3 Unless otherwise specified in this Agreement, any 14.3 No variation or amendment of this Agreement or any of the documents referred to in it shall be valid, effective and binding upon all Parties if valid unless it is in writing and duly signed executed by or on behalf of the Parties. 7.4 . Unless expressly agreed, no variation or amendment shall constitute a general waiver of any provision of this Agreement, nor shall it affect any rights or obligations under or pursuant to this Agreement which have already accrued up to the date of variation or amendment and the rights and obligations under or pursuant to this Agreement shall remain in full force and effect except and only to the extent that they are varied or amended.

Appears in 1 contract

Sources: Business Combination Agreement (SDCL EDGE Acquisition Corp)

WAIVER AND VARIATION. 7.1 37.1 A failure or delay by a Party party to exercise any right or remedy provided under this Agreement Deed or by Law, whether by conduct or otherwise, shall will not constitute a waiver of that or any other right or remedy, nor shall will it preclude or restrict any further exercise of that or any other right or remedy. No single or partial exercise of any right or remedy provided under this Agreement Deed or by Law, whether by conduct or otherwise, shall will preclude or restrict the further exercise of that or any other right or remedy. 7.2 37.2 A waiver of any right or remedy under this Agreement shall Deed will only be effective if given in writing and shall will not be deemed a waiver of any subsequent breach or default. . 37.3 A Party party that waives a right or remedy provided under this Agreement Deed or by Law in relation to another Party party does not affect its rights in relation to any other Partyparty. 7.3 Unless otherwise specified in this Agreement, any variation or 37.4 No amendment of this Agreement or any of the documents referred to in it shall Deed will be valid, effective and binding upon all Parties if valid unless it is in writing and duly signed executed by or on behalf of the Parties. 7.4 Buyer, the Buyer Guarantor, the Seller and the Seller Guarantor. Unless expressly agreed, no variation or amendment shall will constitute a general waiver of any provision of this AgreementDeed, nor shall will it affect any rights or obligations under or pursuant to this Agreement Deed which have already accrued up to the date of variation or amendment and the rights and obligations under or pursuant to this Agreement shall Deed will remain in full force and effect except and only to the extent that they are varied or amended.

Appears in 1 contract

Sources: Share Purchase Agreement (Peabody Energy Corp)

WAIVER AND VARIATION. 7.1 A failure or delay by a Party to exercise any right or remedy provided under this Agreement or Lawby law, whether by conduct or otherwise, shall not constitute a waiver of that or any other right or remedy, nor shall it preclude or restrict any further exercise of that or any other right or remedy. No single or partial exercise of any right or remedy provided under this Agreement or by Lawlaw, whether by conduct or otherwise, shall preclude or restrict the further exercise of that or any other right or remedy. 7.2 . A waiver of any right or remedy under this Agreement shall only be effective if given in writing and shall not be deemed a waiver of any subsequent breach or default. A Party that waives a right or remedy provided under this Agreement or by Law in relation to another Party does not affect its rights in relation to any other Party. 7.3 Unless otherwise specified in this Agreement, any No variation or amendment of this Agreement or any of the documents referred to in it shall be valid, effective and binding upon all Parties if valid unless it is in writing and duly signed executed by or on behalf of the Parties. 7.4 respective Party. Unless expressly agreed, no variation or amendment shall constitute a general waiver of any provision of this Agreement, nor shall it affect any rights or obligations under or pursuant to this Agreement which have already accrued up to the date of variation or amendment and the rights and obligations under or pursuant to this Agreement shall remain in full force and effect except and only to the extent that they are varied or amended.

Appears in 1 contract

Sources: Business Partner Framework Agreement