Common use of Effect of Waiver of Condition Clause in Contracts

Effect of Waiver of Condition. Neither the Purchaser’s nor the Seller’s right to indemnity pursuant to this Article X shall be adversely affected by its waiver of a condition to Closing set forth in Article VII unless such Party makes clear by the terms of its waiver that it is foreclosing its right to indemnity with respect to the matter that is the subject of the waiver.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Next Group Holdings, Inc.), Stock Purchase Agreement (Next Group Holdings, Inc.)

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Effect of Waiver of Condition. Neither the Purchaser’s Buyer's nor the Seller’s 's right to indemnity pursuant to this Article X VII shall be adversely affected by its waiver of a condition to Closing closing set forth in Article VII VI unless such Party party makes clear by the terms of its waiver that it is foreclosing its right to indemnity with respect to the matter that is the subject of the waiver.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Return on Investment Corp), Asset Purchase Agreement (Return on Investment Corp)

Effect of Waiver of Condition. Neither the PurchaserBuyer’s nor the Seller’s Sellers’ right to indemnity pursuant to this Article X VIII shall be adversely affected by its waiver of a condition to Closing set forth in Article VII VII, unless such Party party makes clear by the terms of its waiver that it is foreclosing its right to indemnity with respect to the matter that is the subject of the waiver.

Appears in 1 contract

Samples: Share Sale and Purchase Agreement (J2 Global Communications Inc)

Effect of Waiver of Condition. Neither the PurchaserBuyer’s nor the Seller’s right to indemnity indemnity, reimbursement or other remedy pursuant to this Article X VII shall be adversely affected by its waiver of a condition to Closing closing set forth in Article VII VI unless such Party party makes clear by the terms of its waiver that it is foreclosing its right to indemnity with respect to the matter that is the subject of the waiver.

Appears in 1 contract

Samples: Asset Purchase Agreement (Cell Therapeutics Inc)

Effect of Waiver of Condition. Neither the Purchaser’s nor the Seller’s Sellers’ right to indemnity pursuant to this Article X VIII shall be adversely affected by its waiver of a condition to Closing closing set forth in Article VII unless such Party party makes clear by the terms of its waiver that it is foreclosing its right to indemnity with respect to the matter that is the subject of the waiver.

Appears in 1 contract

Samples: Purchase Agreement (Atlantic Tele Network Inc /De)

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Effect of Waiver of Condition. Neither the PurchaserBuyer’s nor the Seller’s right to indemnity pursuant to this Article X IX shall be adversely affected by its waiver of a condition to Closing closing set forth in Article VII VI unless such Party party makes clear by the terms of its waiver that it is foreclosing its right to indemnity with respect to the matter that is the subject of the waiver.

Appears in 1 contract

Samples: Asset Purchase Agreement (Biomimetic Therapeutics, Inc.)

Effect of Waiver of Condition. Neither the PurchaserBuyer’s nor the Seller’s or the Foreign Sellers’ right to indemnity pursuant to this Article X IX shall be adversely affected effected by its waiver of a condition to Closing set forth in Article Articles VI and VII unless such Party party makes clear by the terms of its waiver that it is foreclosing its right to indemnity with respect to the matter that is the subject of the waiver.ARTICLE X

Appears in 1 contract

Samples: Purchase Agreement (Borland Software Corp)

Effect of Waiver of Condition. Neither the PurchaserBuyer’s nor the Seller’s right to indemnity pursuant to this Article X VII shall be adversely affected by its waiver of a condition to Closing set forth in Article VII VI, unless such Party party makes clear by the terms of its waiver that it is foreclosing its right to indemnity with respect to the matter that is the subject of the waiver.

Appears in 1 contract

Samples: Share Purchase Agreement (Cree Inc)

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