Waivers or Modifications Sample Clauses
The Waivers or Modifications clause establishes the conditions under which the terms of an agreement can be waived or altered. Typically, this clause requires that any waiver of rights or changes to the contract must be made in writing and agreed upon by all parties involved. For example, if one party chooses not to enforce a specific provision at one time, it does not mean they permanently give up that right unless formally documented. The core function of this clause is to ensure that all parties maintain clarity and control over the contract's terms, preventing accidental or informal changes that could lead to misunderstandings or disputes.
Waivers or Modifications. No waiver, modification or cancellation of any term or condition of this Agreement shall be effective unless executed in writing by the party to be charged therewith. No written waiver shall excuse the performance of any act(s) other than those specifically referred to therein. A waiver of any breach by any party hereunder shall not constitute a waiver of any subsequent breach(es) by such party hereunder.
Waivers or Modifications. Neither this Right of First Refusal Agreement nor any term or condition hereof, including without limitation, the terms and conditions in this Section, may be waived in whole or in part or otherwise modified as against any party hereto, except by written instrument signed by the party sought to be charged hereunder expressly stating that it is intended to operate as a waiver or modification of this Right of First Refusal Agreement.