Common use of Effect of Waiver of Condition Clause in Contracts

Effect of Waiver of Condition. No Party’s right to indemnification pursuant to this Article VIII shall be adversely affected by its waiver of a condition to the Closing set forth in Article VI unless such Party makes clear by the terms of its waiver that it is foreclosing its right to indemnification with respect to all Losses in connection with or arising out of the facts and circumstances that are the subject of the waiver.

Appears in 3 contracts

Samples: Membership Interest Purchase Agreement (Biohaven Research Ltd.), Membership Interest Purchase Agreement (Biohaven Pharmaceutical Holding Co Ltd.), Merger Agreement (DiamondPeak Holdings Corp.)

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Effect of Waiver of Condition. No Indemnified Party’s right to indemnification indemnity pursuant to this Article VIII shall IX will be adversely affected by its any waiver of a condition to the Closing set forth in Article VI unless such Party makes clear by the terms of its such waiver that it is foreclosing its expressly waive such Indemnified Party’s right to indemnification indemnity with respect to all Losses in connection with or arising out of the facts and circumstances matter that are is the subject of the waiver.

Appears in 1 contract

Samples: Asset Purchase Agreement (PMFG, Inc.)

Effect of Waiver of Condition. No Indemnified Party’s right to indemnification indemnity pursuant to this Article VIII VII shall be adversely affected by its any waiver of a condition to the Closing set forth in Article VI unless such Party makes clear by the terms of its such waiver that it is foreclosing its expressly foreclose such Indemnified Party’s right to indemnification indemnity with respect to all Losses in connection with or arising out of the facts and circumstances matter that are is the subject of the waiver.

Appears in 1 contract

Samples: Share Purchase Agreement (Tower Group International, Ltd.)

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Effect of Waiver of Condition. No Party’s right to indemnification pursuant to this Article VIII X shall be adversely affected by its waiver of a condition to the Closing set forth in Article VI XI unless such Party makes clear by the terms of its waiver that it is foreclosing its right to indemnification with respect to all Losses in connection with or arising out of the facts and circumstances that are the subject of the waiver.

Appears in 1 contract

Samples: Business Combination Agreement (Diamond Eagle Acquisition Corp. \ DE)

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