Waiver of Right to Rescind Sample Clauses

A Waiver of Right to Rescind clause prevents a party from canceling or undoing the contract after it has been executed, even if certain circumstances arise that might otherwise allow for rescission. In practice, this means that once both parties have agreed to the contract, neither can later claim the right to void the agreement due to issues like misrepresentation or mistake, unless specifically allowed elsewhere in the contract. The core function of this clause is to provide certainty and finality to the contractual relationship, reducing the risk of disputes over the contract’s validity after it has been signed.
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Waiver of Right to Rescind. Tenant waives any right to rescind or otherwise cancel or terminate this Lease under Section 223-a of the New York State Real Demised Premises Law or under any present or future statute of similar import then in force and further expressly waives the right to recover any damages which may result from Landlord’s failure to deliver possession of the Demised Premises on the Commencement Date or any particular date. Tenant agrees that this Section 3.03 is intended to constitute “an express provision to the contrary” within the meaning of said Section 223-a.
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Waiver of Right to Rescind. If the Closing occurs, each of the Parties waives (notwithstanding any breach by any Party of its representations, warranties, or covenants set forth in this Agreement) any rights it may have to rescind either this Agreement or the Contemplated Transactions. The foregoing waiver shall not affect any other rights or remedies available to the Parties under this Agreement.
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Waiver of Right to Rescind. Seller and Purchaser acknowledge that if this Agreement is not terminated and Closing occurs, the payment of money, as limited by the terms of this Agreement, shall be adequate compensation for breach of any representation, warranty, covenant or agreement contained herein or for any other claim arising in connection with or with respect to the transactions contemplated in this Agreement. As the payment of money shall be adequate compensation, Purchaser and Seller waive any right to rescind the transactions contemplated by this Agreement.
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Waiver of Right to Rescind. The parties agree that this Article covers Tenant's rights with respect to the time possession of the Premises is to be delivered to it and constitutes an express provision to the contrary under, and Tenant hereby waives any rights to rescind this lease and/or recover damages which Tenant might otherwise have pursuant to, Section 223(a) of the Real Property Law of the State of New York.
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Waiver of Right to Rescind. Tenant waives any right to rescind this Lease under Section 223-a of the New York State Real Property Law or under any present or future statute of similar import then in force and further expressly waives the right to recover any damages which may result from Landlord's failure to deliver possession of the Property. Tenant agrees that this SECTION 2.3 is intended to constitute "an express provision to the contrary" within the meaning of said Section 223-a. 37
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Waiver of Right to Rescind. The parties agree that this Article covers Tenant's rights with respect to the time possession of the Premises is to be delivered to it and constitutes an express provision to the contrary under, and Tenant hereby waives any rights to rescind this lease and/or recover damages which Tenant might otherwise have pursuant to, Section 223(a) of the Real Property Law of the State of New York. Notwithstanding the foregoing, in the event the Demised Premises are not ready for occupancy (for reasons other than unavoidable delays or as set forth in the last paragraph of Section 8.01) within 270 days after the date hereof, Tenant may elect to terminate this lease, provided that notice of such election shall be given to Landlord no later than 280 days after the date hereof, time being of the essence in the giving of such notice. If Tenant shall so elect, the parties shall then be released of all liabilities hereunder, each to the other.*
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Waiver of Right to Rescind. The parties acknowledge that if this Agreement is not terminated and the transaction contemplated hereby is closed, the payment of money, as limited by the terms of this Agreement, shall be adequate compensation for breach of any representation, warranty, covenant or agreement contained herein or for any other claim arising in connection with or with respect to the transactions contemplated in this Agreement.
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Waiver of Right to Rescind. BUYER HEREBY WAIVES, TO THE FULLEST EXTENT PERMISSIBLE BY LAW, THE RIGHT TO RESCIND THIS AGREEMENT PURSUANT TO ANY PROVISION OF RCW 64.06, AS IT MAY BE AMENDED FROM TIME TO TIME. IT IS THE INTENT OF BUYER THAT ANY SELLER DISCLOSURE STATEMENT PROVIDED BY SELLER WILL NOT BE RELIED UPON BY BUYER, AND SHALL GIVE BUYER NO RIGHTS WITH RESPECT TO SELLER OR UNDER THIS AGREEMENT. THIS WAIVER OF THE RIGHT TO RESCIND APPLIES TO THE SELLER DISCLOSURE STATEMENT PROVIDED TO BUYER DURING THE INSPECTION PERIOD AND APPLIES PROSPECTIVELY TO ANY UPDATED OR REVISED SELLER DISCLOSURE STATEMENTS THAT MAY BE PROVIDED BY SELLER TO BUYER. THE PROVISIONS OF THIS SECTION 11.17 SHALL SURVIVE THE CLOSING.
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Waiver of Right to Rescind. If the transactions contemplated hereby are consummated, each party hereto waives (notwithstanding any breach by any party of its representations, warranties, or covenants set forth in this Agreement) any rights it may have to rescind either this Agreement or the transactions contemplated hereby. The foregoing waiver shall not affect any other rights or remedies available to the parties under this Agreement or otherwise.
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Related to Waiver of Right to Rescind

  • Right to Rescind You have the right to rescind this Agreement within three (3) business days of your receipt of this Agreement by contacting Starion at: ▇-▇▇▇-▇▇▇-▇▇▇▇; ▇▇▇▇▇▇@▇▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇; or P.O. Box 845, Middlebury, CT 06762.

  • Right to Revoke Employee may revoke this Agreement by notice to Company, in writing, received within seven (7) days of the date of its execution by Employee (the “Revocation Period”). Employee agrees that Employee will not receive the benefits provided by this Agreement if Employee revokes this Agreement. Employee also acknowledges and agrees that if Company has not received from Employee notice of Employee’s revocation of this Agreement prior to the expiration of the Revocation Period, Employee will have forever waived Employee’s right to revoke this Agreement, and this Agreement shall thereafter be enforceable and have full force and effect.

  • Waiver of Rights No right conferred on either party under this Contract shall be deemed waived, and no breach of this Contract excused, unless such waiver is in writing and signed by the party claimed to have waived such right. Neither the State’s review, approval or acceptance of, nor payment for, the services required under this Contract shall be construed to operate as a waiver of any rights under this Contract or of any cause of action arising out of the performance of this Contract, and the Contractor shall be and remain liable to the State in accordance with applicable law for all damages to the State caused by the Contractor’s negligent performance of any of the services furnished under this Contract.

  • Nonwaiver of Rights No waiver of default by either party of any of the terms, covenants, and conditions hereof to be performed, kept, and observed by the other party shall be construed as, or shall operate as, a waiver of any subsequent default of any of the terms, covenants, or conditions herein contained, to be performed, kept, and observed by the other party.

  • Non-Waiver of Rights The omission by either party at any time to enforce any default or right reserved to it, or to require performance of any of the terms, covenants, or provisions hereof by the other party at the time designated, shall not be a waiver of any such default or right to which the party is entitled, nor shall it in any way affect the right of the party to enforce such provisions thereafter.