Common use of Parties Rights Clause in Contracts

Parties Rights. A Party may exercise a Right at its discretion, and separately or concurrently with another Right. A single or partial exercise of a right by a Party does not prevent a further exercise of that or an exercise of any other Right. Failure by a Party to exercise or delay in exercising a Right does not prevent its exercise.

Parties Rights. A Party may exercise a Right right, power or remedy at its discretion, and separately or concurrently with another Rightright, power or remedy. A single or partial exercise of a right right, power or remedy by a Party does not prevent a further exercise of that or an exercise of any other Rightright, power or remedy. Failure by a Party to exercise or delay in exercising a Right right, power or remedy does not prevent its exercise.