Common use of Materiality and Waiver of Breach Clause in Contracts

Materiality and Waiver of Breach. Each requirement, duty, and obligation stated in this Agreement was bargained for at arm’s length and is agreed to by the Parties. Each requirement, duty, and obligation stated in this Agreement is substantial and important to the formation of this Agreement, and each is, therefore, a material term of this Agreement. County’s failure to enforce any provision of this Agreement is not a waiver of such provision or modification of this Agreement. A waiver of any breach of a provision of this Agreement is not a waiver of any subsequent breach and is not to be constructed as 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 2 contracts

Samples: Agreement, Agreement

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Materiality and Waiver of Breach. Each requirement, duty, and obligation stated in this Agreement was bargained for at arm’s length and is agreed to by the Parties. Each requirement, duty, and obligation stated in this Agreement is substantial and important to the formation of this Agreement, and each is, therefore, a material term of this Agreement. County’s failure to enforce any provision of this Agreement is not a waiver of such provision or modification of this Agreement. A waiver of any breach of a provision of this Agreement is not a waiver of any subsequent breach and is not to be constructed as a modification of the terms of this Agreement. To be effective, any waiver must be in writing signed by an authorized signatory of the partytheparty.

Appears in 1 contract

Samples: Agreement

Materiality and Waiver of Breach. Each requirement, duty, and obligation stated in this Agreement was bargained for at arm’s length and is agreed to by the Parties. Each requirement, duty, and obligation stated in this Agreement is substantial and important to the formation of this Agreement, and each is, therefore, a material term of this Agreementterm. County’s failure to enforce any provision of this Agreement is will not be deemed a waiver of such provision or modification of this Agreement. A waiver of any breach of a provision of this Agreement is will not be deemed a waiver of any subsequent breach and is will not be construed to be constructed as a modification of the terms of this Agreement. To be effective, any waiver must be in writing signed by an authorized signatory of the partyParty granting the waiver.

Appears in 1 contract

Samples: For Enter Agreement Title

Materiality and Waiver of Breach. Each requirement, duty, and obligation stated in this Agreement was bargained for at arm’s length and is agreed to by the Parties. Each requirement, duty, and obligation stated in this Agreement is substantial and important to the formation of this Agreement, and each is, therefore, is a material term of this Agreement. County’s failure to enforce any provision of this Agreement is not a waiver of such the provision or modification of this Agreement. A waiver of any breach of a provision of this Agreement is will not be deemed a waiver of any subsequent breach and is will not be construed to be constructed as a modification of the terms of this Agreement. To be effective, any waiver must be in writing and signed by an authorized signatory of the party.

Appears in 1 contract

Samples: Local Matching Funds Agreement

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Materiality and Waiver of Breach. Each requirement, duty, and obligation stated set forth in this Agreement was bargained for at arm’s length and is agreed to by the Parties. Each requirement, duty, and obligation stated set forth in this Agreement is substantial and important to the formation of this Agreement, and each is, therefore, a material term of this Agreementterm. County’s failure to enforce any provision of this Agreement is 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 is shall not be deemed a waiver of any subsequent breach and is shall not be construed to be constructed as a modification of the terms of this Agreement. To be effective, any waiver must be in writing signed by an authorized signatory of the partyParty granting the waiver.

Appears in 1 contract

Samples: Agreement

Materiality and Waiver of Breach. Each requirement, duty, and obligation stated set forth in this Agreement was bargained for at arm’s arm's-length and is agreed to by the Parties. Each requirement, duty, and obligation stated set forth in this Agreement is substantial and important to the formation of this Agreement, and each is, therefore, a material term of this Agreementterm. County’s 's failure to enforce any provision of this Agreement is will not be deemed a waiver of such provision or modification of this Agreement. A waiver of any breach of a provision of this Agreement is will not be deemed a waiver of any subsequent breach and is will not be construed to be constructed as a modification of the terms of this Agreement. To be effective, any waiver must be in writing signed by an authorized signatory of the partyParty granting the waiver.

Appears in 1 contract

Samples: Revocable License Agreement

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