Common use of Waiver of Performance Clause in Contracts

Waiver of Performance. Either party may waive the satisfaction or performance of any conditions or agreements in the Agreement which have been inserted for its own and exclusive benefit, so long as the waiver is in writing (unless this Agreement provided for a non-written waiver) and specifies the waived condition or agreement and is delivered to the other party hereto and to the Escrow Holder.

Appears in 4 contracts

Samples: Agreement of Purchase and Sale (Apple REIT Seven, Inc.), Agreement of Purchase and Sale (Strategic Hotels & Resorts, Inc), Assignment and Assumption of Management Agreement (Behringer Harvard Opportunity REIT I, Inc.)

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Waiver of Performance. Either party may waive the satisfaction or performance of any conditions or agreements in the this Agreement which have been inserted for its own and exclusive benefit, so long as the waiver is in writing (unless this Agreement provided for a non-written waiver) and specifies specifying the waived condition or agreement and is delivered to the other party hereto and to the Escrow HolderTitle Company.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Sunstone Hotel Investors, Inc.)

Waiver of Performance. Either party may waive the satisfaction or performance of any conditions or agreements in the this Agreement which have been inserted for its own and exclusive benefit, so long as the waiver is in writing signed (unless this the Agreement provided provides for a non-written waiver) and specifies the waived condition or agreement and is delivered to the other party hereto and to the Escrow HolderAgent.

Appears in 1 contract

Samples: Agreement of Purchase and Sale

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Waiver of Performance. Either party may waive the satisfaction or performance of any conditions or agreements in the this Agreement which have been inserted for its own and exclusive benefit, so long as the waiver is in writing signed (unless this the Agreement provided provides for a non-written waiver) and specifies the waived condition or agreement and is delivered to the other party hereto and to the Escrow Holder.

Appears in 1 contract

Samples: Option Agreement (Amwest Insurance Group Inc)

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