Common use of Reservation of Right Clause in Contracts

Reservation of Right. If one party does not exercise all or part of the rights under the contract, or does not require the other to exercise, bear part of or all the obligations, responsibilities, it shall not mean the party gives up the rights or exempts from the obligations, responsibilities. If one party allows any tolerance, extension and delay in implementing the rights under the contract upon the other party, it shall not affect the party to process any right in line with the contract, related law and regulations, and it also shall not considered giving up the right.

Appears in 3 contracts

Samples: Highpower International, Inc., Hong Kong Highpower Technology, Inc., Hong Kong Highpower Technology, Inc.

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Reservation of Right. If one party does not exercise all or part One of the rights under the contractparties fails to exercise its part or total rights, or does not require another party to take or fulfill the other to exerciseobligation partly or totally, bear part of or all the obligations, responsibilities, it that shall not mean be regarded as the party gives up waives the rights right or exempts exempted from the obligations, responsibilitiesright. If one party allows any toleranceThe right of toleration, extension and delay in implementing or postpone to exercise the rights under right, that one of the contract upon the other parties carries out to another party, it these activities shall not affect the party to process any right in line with and obligation under the Contract, and shall not be regarded as a waive of the contract, related law and regulations, and it also shall not considered giving up the right.

Appears in 2 contracts

Samples: Renminbi Loan Contract (BTHC XV, Inc.), Renminbi Loan Contract (BTHC XV, Inc.)

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Reservation of Right. If one party does not fails to exercise part or all or part of the rights under the contracthereunder, or does not fails to require the other party to exercise, bear perform or undertake part of or all of the obligations, obligations and responsibilities, it shall not mean the party gives up the constitute a waiver of such rights or exempts from the obligations, a waiver of such obligations and responsibilities. If one party allows any Any tolerance, extension and or delay on the part of one party to the other party in implementing exercising the rights under the contract upon the other party, it Contract shall not affect any rights it enjoys under the party to process any right in line with the contractContract, related law laws and regulations, and it also shall not considered giving up the rightbe deemed as a waiver of such rights.

Appears in 2 contracts

Samples: Pop Culture Group Co., LTD, Pop Culture Group Co., LTD

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