Common use of Right of Waiver Clause in Contracts

Right of Waiver. Each Party, in its sole discretion, shall have the right, but shall have no obligation, to waive, defer or reduce any of the requirements to which the other Party is subject under this Agreement at any time; provided, however, that neither Party shall be deemed to have waived, deferred or reduced any such requirements unless such action is in writing and signed by the waiving Party. A Party’s exercise of any rights hereunder shall apply only to such requirements and on such occasions as such Party may specify and shall in no event relieve the other Party of any requirements or other obligations not so specified.

Appears in 5 contracts

Samples: Turbine Supply Agreement, Warranty Agreement (Madison Gas & Electric Co), Master Supply Agreement (Wisconsin Power & Light Co)

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Right of Waiver. Each Party, in its sole discretion, shall have the right, but shall have no obligation, to waive, defer or reduce any of the requirements to which the other Party is subject under this Agreement at any time; , provided, however, however that neither Party shall be deemed to have waived, deferred or reduced any such requirements unless such action is in writing and signed by the waiving Party. A Party’s exercise of any rights hereunder shall apply only to such requirements and on such occasions as such Party may specify and shall in no event relieve the other Party of any requirements or other obligations not so specified.

Appears in 2 contracts

Samples: Solar Power Purchase Agreement, Solar Power Purchase Agreement

Right of Waiver. Each Party, in its sole discretion, shall have the right, but shall have no obligation, right to waive, defer or reduce any of the requirements to which the other Party Parties is subject under this Agreement at any timetime (other than with respect to and/or relating to the obligation to make any payment due under this Agreement); provided, however, however that neither a Party shall not be deemed to have waived, deferred or reduced any such requirements unless such action is in writing and signed by the waiving Party. A Party’s exercise of any rights hereunder shall apply only to such requirements and on such occasions as such Party may specify and shall in no event relieve the other Party of any requirements or other obligations not so specified.

Appears in 2 contracts

Samples: Sustainable Community Network Program Participation Agreement, Sustainable Community Network Program Participation Agreement

Right of Waiver. Each Party, in its sole discretion, shall have the right, but shall have no obligation, to waive, defer or reduce any of the requirements to which the other Party is subject under this Agreement at any time; provided, however, that neither Party shall be deemed to have waived, deferred or reduced any such requirements unless such action is in writing and signed by the waiving Party. A Party’s exercise of any rights hereunder in this Agreement shall apply only to such requirements and on such occasions as such Party may specify and shall in no event relieve the other Party of any requirements or other obligations not so specified.. 21

Appears in 1 contract

Samples: Purchase and Sale Agreement

Right of Waiver. Each Party, in its sole discretion, shall have the right, but shall have no obligation, to waive, defer or reduce any of the requirements to which the other Party is subject under this Agreement at any time; provided, however, that neither Party shall be deemed to have waived, deferred or reduced any such requirements unless such action is in writing and signed by the waiving Party. A Party’s exercise of any rights hereunder in this Agreement shall apply only to such requirements and on such occasions as such Party may specify and shall in no event relieve the other Party of any requirements or other obligations not so specified.

Appears in 1 contract

Samples: Purchase and Sale Agreement

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Right of Waiver. Each Party, in its sole discretion, shall have the right, but shall have no obligation, to waive, defer or reduce any of the requirements to which the other Party is subject under this Agreement at any time; , provided, however, that neither Party shall be deemed to have waived, deferred or reduced any such requirements unless such action is in writing and signed by the waiving Party. A Party’s exercise of any rights hereunder shall apply only to such requirements and on such occasions as such Party may specify and shall in no event relieve the other Party of any requirements or other obligations not so specified.specified.‌

Appears in 1 contract

Samples: Master Services Purchase Agreement

Right of Waiver. Each Party, in its sole discretion, shall have the right, but shall have no obligation, right to waive, defer defer, or reduce any of the requirements to which the other Party is subject under this Development Agreement at any time; provided, however, however that neither Party shall be deemed to have waived, deferred deferred, or reduced any such requirements unless such action is in writing and signed by the waiving Party. No waiver shall occur by any usage of trade, course of dealing, course of performance, or similar action by either Party. A Party’s exercise of any rights hereunder shall apply only pursuant to such requirements and on such occasions as such Party may specify and shall in no event relieve the other Party of any requirements or other obligations not so specified.this Section

Appears in 1 contract

Samples: Master Agreement

Right of Waiver. Each Party, in its sole discretion, shall have the right, but shall have no obligation, to waive, defer or reduce any of the requirements to which the other Party is subject under this Agreement at any time; , provided, however, that neither Party shall be deemed to have waived, deferred or reduced any such requirements unless such action is in writing and signed by the waiving Party. A Party’s exercise of any rights hereunder shall apply only to such requirements and on such occasions as such Party may specify and shall in no event relieve the other Party of any requirements or other obligations not so specified.

Appears in 1 contract

Samples: Master Equipment Purchase

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