Common use of Waiver or Non-Action Clause in Contracts

Waiver or Non-Action. Waiver by a party of any breach of any term, covenant or condition of this Agreement by the other party will not be deemed to be a waiver of any subsequent default by that party. Failure by a party to take any action in respect of any breach of any term, covenant or condition of this Agreement by the other party will not be deemed to be a waiver of such term, covenant or condition.

Appears in 1 contract

Sources: License Agreement

Waiver or Non-Action. Waiver by a the either party of any breach of any term, covenant or condition of this Agreement by the other either party will shall not be deemed considered to be a waiver of any subsequent default by that party. Failure by a party to take any action in respect of any breach of any term, covenant or condition of this Agreement by the other party will not be deemed to be a waiver of such term, covenant or conditiondefault.

Appears in 1 contract

Sources: Service Agreement