Common use of Materiality and Waiver of Breach Clause in Contracts

Materiality and Waiver of Breach. COUNTY and PURCHASER agree that each requirement, duty, and obligation set forth herein was bargained for at arms-length and is agreed to by the parties in exchange for quid pro quo, that each is substantial and important to the formation of this Agreement, and that each is, therefore, a material term hereof. A failure by either party to enforce any provision of this Agreement shall not be deemed a waiver of such provision or modification of this Agreement. A waiver of any breach of a provision of this Agreement shall not be deemed a waiver of any subsequent breach and shall not be construed to be a modification of the terms of this Agreement.

Appears in 19 contracts

Samples: Contract for Sale and Purchase, Contract for Sale and Purchase, Contract for Sale and Purchase

AutoNDA by SimpleDocs

Materiality and Waiver of Breach. COUNTY and PURCHASER agree that each Each requirement, duty, and obligation set forth herein in this Agreement was bargained for at armsarm’s-length and is agreed to by the parties Parties. Each requirement, duty, and obligation set forth in exchange for quid pro quo, that each this Agreement is substantial and important to the formation of this Agreement, and that each is, therefore, a material term hereofof this Agreement. A Either Party’s failure by either party to enforce any provision of this Agreement shall not be deemed a waiver of such provision or a modification of this Agreement. A waiver of any breach of a provision of this Agreement shall not be deemed a waiver of any subsequent breach and shall not be construed to be a modification of the terms of this Agreement. To be effective, any waiver must be in writing signed by an authorized signatory of the Party.

Appears in 8 contracts

Samples: Purchase and Sale Agreement, Purchase and Sale Agreement, Purchase and Sale Agreement

Materiality and Waiver of Breach. COUNTY The AUTHORITY and PURCHASER GENERAL COUNSEL agree that each requirement, duty, and obligation set forth herein was bargained for at arms-arm’s length and is agreed to by the parties in exchange for quid pro quo, that each is substantial and important to the formation of this Agreement, Agreement and that each is, therefore, a material term hereof. A The AUTHORITY’s or GENERAL COUNSEL’S failure by either party to enforce any provision or modification of this Agreement shall not be deemed a waiver of such provision or modification of this Agreement. A waiver of any breach of a provision of this Agreement shall not be deemed a waiver of any subsequent breach and shall not be construed to be a modification of the terms of this Agreement.

Appears in 2 contracts

Samples: www.research-park.org, www.research-park.org

AutoNDA by SimpleDocs

Materiality and Waiver of Breach. COUNTY and PURCHASER Each of the parties hereto agree that each requirement, duty, and obligation set forth herein was bargained for at arms-length and is agreed to by the parties in exchange for quid pro quo, that each is substantial and important to the formation of this Agreement, Agreement and that each is, therefore, a material term hereof. A The failure by either of any party hereto to enforce any provision of this Agreement shall not be deemed a waiver of such provision or modification of this Agreement. A waiver of any breach of a provision of this Agreement shall not be deemed a waiver of any subsequent breach and shall not be construed to be a modification of the terms of this Agreement.

Appears in 1 contract

Samples: Agreement

Time is Money Join Law Insider Premium to draft better contracts faster.