Common use of Effect of Waivers of Default Clause in Contracts

Effect of Waivers of Default. Any consent or permission by either party hereunder to any act or omission which otherwise would be a breach of any covenant or condition herein, shall not in any way be held or construed (unless expressly so declared) to operate so as to impair the continuing obligation of any covenant or condition herein, or otherwise, except as to the specific instance, operate to permit similar acts or omissions.

Appears in 4 contracts

Samples: Corbus Pharmaceuticals Holdings, Inc., Corbus Pharmaceuticals Holdings, Inc., Agreement (Entex Information Services Inc)

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Effect of Waivers of Default. Any consent or permission by either any party hereunder to any act or omission which otherwise would be a breach of any covenant or condition herein, or any waiver by any party of the breach of any covenant or condition herein, shall not in any way be held or construed (unless expressly so declared) to operate so as to impair the continuing obligation of any covenant or condition herein, or otherwise, except as to the specific instance, operate to permit similar acts or omissions.

Appears in 2 contracts

Samples: Lease Agreement (SciVac Therapeutics Inc.), Lease Agreement (Targanta Therapeutics Corp.)

Effect of Waivers of Default. Any consent or permission either by either party hereunder ---------------------------- Landlord or Tenant to any act or omission which otherwise would be a breach of any covenant or condition hereinherein on the other to be performed or observed, shall not in any way be held or construed (unless expressly so declared) to operate so as to impair the continuing obligation of the other party to perform or observe any covenant or condition herein, or otherwise, except as to the specific instance, operate to permit similar acts or omissions.

Appears in 1 contract

Samples: Storage Computer Corp

Effect of Waivers of Default. Any consent or permission by either party hereunder ---------------------------- to any act or omission which otherwise would be a breach of any covenant or condition herein, shall not in any way be held or construed (unless expressly so declared) to operate so as to impair the continuing obligation of any covenant or condition herein, or otherwise, except as to the specific instance, operate to permit similar acts or omissions.

Appears in 1 contract

Samples: Wells Real Estate Investment Trust Inc

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Effect of Waivers of Default. Any consent or permission by either party hereunder to ---------------------------- any act or omission which otherwise would be a breach of any covenant or condition hereinherein by the other party, shall not in any way be held or construed (unless expressly so declared) to operate so as to impair the continuing obligation of any covenant or condition herein, or otherwise, except as to the specific instance, operate to permit similar acts or omissions.

Appears in 1 contract

Samples: Commencement Date Agreement (Averstar Inc)

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