Consents; Waivers. No consent or waiver, express or implied, by the Company or any Member to or of any breach or default by any Member in the performance by such Member of its obligations hereunder shall be deemed or construed to be a consent or waiver to or of any other breach or default in the performance by such Member hereunder. Failure on the part of the Company or a Member to complain of any act or failure to act of another Member or to declare the other Member in default, irrespective of how long such failure continues, shall not constitute a waiver by the Company or the Member of the rights of the Company or such Member hereunder.
Appears in 2 contracts
Samples: Limited Liability Company Agreement, Limited Liability Company Agreement
Consents; Waivers. No consent or waiver, express or implied, by the Company or any Member to or of any breach or default by any Member in the performance by such Member of its obligations hereunder shall be deemed or construed to be a consent or waiver to or of any other breach or default in the performance by such Member hereunder. Failure on the part of the Company or a Member the other Members to complain of any act or failure to act of another the other Member or to declare the other Member Members in default, irrespective of how long such failure continues, shall not constitute a waiver by the Company or the Member such Members of the rights of the Company or such Member hereunder.. Section 12.05
Appears in 1 contract
Samples: www.sec.gov
Consents; Waivers. No consent or waiver, express or implied, by the Company or any Member to or of any breach or default by any Member in the performance by such Member of its obligations hereunder shall be deemed or construed to be a consent or waiver to or of any other breach or default in the performance by such Member hereunder. Failure on the part of the Company or a Member the other Members to complain of any act or failure to act of another the other Member or to declare the other Member Members in default, irrespective of how long such failure continues, shall not constitute a waiver by the Company or the Member such Members of the rights of the Company or such Member hereunder.
Appears in 1 contract
Samples: Private Limited Company Agreement (Pepsi Bottling Group Inc)
