Common use of Amendment and Waiver; Termination Clause in Contracts

Amendment and Waiver; Termination. This Agreement may be amended or terminated only by a written agreement executed by the Founder, the Investor, and the Company. No amendment, waiver or modification of any obligation under this Agreement will be enforceable unless set forth in a writing signed by the party against which enforcement is sought. Any amendment effected in accordance with this section will be binding upon all parties hereto and each of their respective successors and assigns. No delay or failure to require performance of any provision of this Agreement shall constitute a waiver of that provision as to that or any other instance. No waiver granted under this Agreement as to any one provision herein shall constitute a subsequent waiver of such provision or of any other provision herein, nor shall it constitute the waiver of any performance other than the actual performance specifically waived.

Appears in 3 contracts

Samples: Subscription and Contribution Agreement (Clearsign Combustion Corp), Subscription and Contribution Agreement (Clearsign Combustion Corp), Subscription and Contribution Agreement (Clearsign Combustion Corp)

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Amendment and Waiver; Termination. This Agreement may be amended or terminated only by a written agreement executed by the Founder, the Investor, Founder and the Company. No amendment, waiver or modification of any obligation under this Agreement will be enforceable unless set forth in a writing signed by the party against which enforcement is sought. Any amendment effected in accordance with this section will be binding upon all parties hereto and each of their respective successors and assigns. No delay or failure to require performance of any provision of this Agreement shall constitute a waiver of that provision as to that or any other instance. No waiver granted under this Agreement as to any one provision herein shall constitute a subsequent waiver of such provision or of any other provision herein, nor shall it constitute the waiver of any performance other than the actual performance specifically waived.

Appears in 1 contract

Samples: Subscription and Contribution Agreement (Clearsign Combustion Corp)

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