Amendment and Waivers. No amendment to this Agreement will be effective unless it is in writing and signed by each Party. Any failure of a Party to comply with any obligation, covenant, agreement or condition contained in this Agreement may be waived by the Party entitled to the benefits of the provision only by a written instrument duly executed and delivered by the Party granting the waiver, but the waiver or failure to insist upon strict compliance with such obligation, covenant, agreement or condition will not operate as a waiver of, or estoppel with respect to, any subsequent or other failure of compliance.
Appears in 38 contracts
Samples: License Agreement (Salomon Brothers Opportunity Fund Inc), License Agreement (Legg Mason Partners New Jersey Municipals Fund, Inc), License Agreement (Smith Barney Sector Series Inc.)