Common use of Waiver or Amendment Clause in Contracts

Waiver or Amendment. No waiver or amendment of any term, provision, condition, covenant or agreement herein shall be effective unless in writing and signed by the parties hereto. Failure on the part of the Purchasers to complain of any acts or failure to act or to declare an Event of Default, irrespective of how long such failure continues, shall not constitute a waiver by the Purchasers of their rights hereunder or impair any rights, powers or remedies on account of any breach or default by the Company.

Appears in 7 contracts

Samples: Subordinated Note Purchase Agreement (River Financial Corp), Subordinated Note Purchase Agreement (MainStreet Bancshares, Inc.), Form of Subordinated Note Purchase Agreement (Bankwell Financial Group, Inc.)

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Waiver or Amendment. No waiver or amendment of any term, provision, condition, covenant or agreement herein shall be effective unless in writing and signed by each of the parties hereto. Failure on the part of the Purchasers Purchaser to complain of any acts or failure to act or to declare an Event of Default, irrespective of how long such failure continues, shall not constitute a waiver by the Purchasers Purchaser of their its rights hereunder or impair any rights, powers or remedies on account of any breach or default by the Company.

Appears in 1 contract

Samples: Form of Subordinated Note Purchase Agreement (First Western Financial Inc)

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Waiver or Amendment. No waiver or amendment of any term, provision, condition, covenant or agreement herein shall be effective unless in writing and signed by the parties hereto. Failure on the part of the Purchasers to complain of any acts or failure to act or to declare an Event of Default, irrespective of how long such failure continues, shall not constitute a waiver by the Purchasers of their its rights hereunder or impair any rights, powers or remedies on account of any breach or default by the Company.

Appears in 1 contract

Samples: Subordinated Note Purchase Agreement (Guaranty Bancshares Inc /Tx/)

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