Common use of Termination Waiver and Amendment Clause in Contracts

Termination Waiver and Amendment. This Agreement shall terminate (i) upon the written agreement of TMPA and the Participating Public Entities, or (ii) automatically upon the distribution of all amounts in the Escrow Account; provided, Sections 4.2 and 4.3 shall survive the termination of this Agreement. Any provision of this Agreement may be waived only in writing at any time by the Party that is entitled to the benefits thereof. This Agreement may not be amended or supplemented at any time, except by an instrument in writing signed on behalf of each Party hereto. The waiver by any Party hereto of any breach of a provision of this Agreement shall not operate or be construed as a waiver of any subsequent breach.

Appears in 2 contracts

Samples: Indemnity Escrow Agreement, Joint Operating Agreement

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Termination Waiver and Amendment. This Agreement shall terminate (i) upon the written agreement of TMPA and the Participating Public Entities, or (ii) automatically upon the distribution of all amounts in the Escrow AccountAccount following the Decommissioning Completion, or a Disposition Event; provided, Sections 4.2 and 4.3 shall survive the termination of this Agreement. Any provision of this Agreement may be waived only in writing at any time by the Party that is entitled to the benefits thereof. This Agreement may not be amended or supplemented at any time, except by an instrument in writing signed on behalf of each Party hereto. The waiver by any Party hereto of any breach of a provision of this Agreement shall not operate or be construed as a waiver of any subsequent breach.

Appears in 2 contracts

Samples: Decommissioning Escrow Agreement, Joint Operating Agreement

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