Common use of Waiver or Indulgence Clause in Contracts

Waiver or Indulgence. Knowledge or acquiescence by either Party of or in any breach by the Lessor or the Lessee of any of the terms and conditions herein contained or any indulgence given by either Party to the other shall not operate as or be deemed to be a waiver of such terms or conditions or any of them and notwithstanding such knowledge or acquiescence or indulgence, either Party shall be entitled to exercise its rights and powers under this Lease and to require strict performance of the terms and condition herein contained.

Waiver or Indulgence. Knowledge or acquiescence by either any Party of or in any breach by the Lessor or the Lessee or MEC of any of the terms and conditions herein contained or any indulgence given by either any Party to the other others shall not operate as or be deemed to be a waiver of such terms or conditions or any of them and notwithstanding such knowledge or acquiescence or indulgence, either any Party shall be entitled to exercise its rights and powers under this Lease Agreement and to require strict performance of the terms and condition herein contained.

Waiver or Indulgence. Knowledge or acquiescence by either any Party of or in any breach by the Lessor or of the Lessee of any of the terms and conditions herein contained or any indulgence given by either any Party to the other others shall not operate as or be deemed to be a waiver of such terms or conditions or any of them and notwithstanding such knowledge or acquiescence or indulgence, either any Party shall be entitled to exercise its rights and powers under this Lease Agreement and to require strict performance of the terms and condition herein contained.