Common use of Construction Principles Clause in Contracts

Construction Principles. The headings herein are inserted for convenience only and do not describe, interpret, define, or limit the scope, extent or intent of this Agreement or any provision hereof. The failure of any party to seek redress for default of or insist upon the strict performance of any covenant or condition hereof shall not prevent a subsequent act, which would have originally constituted a default, from having the effect of an original default.

Appears in 4 contracts

Samples: Operating Agreement, Operating Agreement, Amended and Restated Operating Agreement

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Construction Principles. The headings herein are inserted for convenience only and do not describe, interpret, define, or limit the scope, extent or intent of this Agreement or any provision hereof. The failure of any party to seek redress for default of or insist upon the strict performance of any covenant or condition hereof shall not prevent a subsequent act, which would have originally constituted a default, from having the effect of an original default.default.β€Œ

Appears in 1 contract

Samples: Operating Agreement

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