Common use of Waiver of Terms Clause in Contracts

Waiver of Terms. Only an authorized CIBC officer can waive a term of this Agreement, and the waiver must be in writing. If we fail to exercise, or if we delay exercising, any of our rights under this Agreement, this will not be a waiver of our rights and will not prevent us from exercising these rights again in the future. If we waive a breach of any term of this Agreement, it does not mean we are waiving the term itself.

Waiver of Terms. Only an authorized officer of CIBC officer can waive a term of this AgreementAgreement or our mortgage/charge, and the waiver must be in writing. If we fail to exercise, or if we delay exercising, any of our rights under this AgreementAgreement or our mortgage/charge, this will not be a waiver of our rights and will not prevent us from exercising these rights again in the future. If we waive a breach of any term of this AgreementAgreement or our mortgage/charge, it does not mean we are waiving the term itself.

Waiver of Terms. Only an authorized CIBC officer can waive a term of this Agreement, and the waiver must be in writing. writing If we fail to exercise, or if we delay exercising, any of our rights under this Agreement, this will not be a waiver of our rights and will not prevent us from exercising these rights again in the future. future If we waive a breach of any term of this Agreement, it does not mean we are waiving the term itself.