Common use of Effect of Waiver or Consent Clause in Contracts

Effect of Waiver or Consent. Except as otherwise provided in this Agreement, a waiver or consent, express or implied, to or of any breach or default by any Member in the performance by that Member of its obligations with respect to the Company is not a consent or waiver to or of any other breach or default in the performance by that Member of the same or any other obligations of that Member with respect to the Company. Except as otherwise provided in this Agreement, failure on the part of a Member to complain of any act of any Member or to declare any Member in default with respect to the Company, irrespective of how long that failure continues, does not constitute a waiver by that Member of its rights with respect to that default until the applicable statute-of-limitations period has run.

Appears in 145 contracts

Samples: Limited Liability Company Agreement (CSI Compressco LP), Limited Liability Company Agreement (Summit Midstream Partners, LP), Unitholders Agreement

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Effect of Waiver or Consent. Except as otherwise provided in this Agreement, a waiver or consent, express or implied, to or of any breach or default by any Member Person in the performance by that Member Person of its obligations with respect to the Company is not a consent or waiver to or of any other breach or default in the performance by that Member Person of the same or any other obligations of that Member Person with respect to the Company. Except as otherwise provided in this Agreement, failure on the part of a Member Person to complain of any act of any Member Person or to declare any Member Person in default with respect to the Company, irrespective of how long that failure continues, does not constitute a waiver by that Member Person of its rights with respect to that default until the applicable statute-of-limitations period has run.

Appears in 72 contracts

Samples: Limited Liability Company Agreement (DCP Midstream, LP), Limited Liability Company Agreement (Mid-Con Energy Partners, LP), Limited Liability Company Agreement (Memorial Production Partners LP)

Effect of Waiver or Consent. Except as otherwise provided in this Agreement, a waiver or consent, express or implied, to or of any breach or default by any Member Person in the performance by that Member Person of its obligations with respect to the Company is not a consent or waiver to or of any other breach or default in the performance by that Member Person of the same or any other obligations of that Member Person with respect to the Company. Except as otherwise provided in this Agreement, failure on the part of a Member Person to complain of any act of any Member Person or to declare any Member Person in default with respect to the Company, irrespective of how long that failure continues, does not constitute a waiver by that Member Person of its rights with respect to that default until the applicable statute-of-limitations period has run.

Appears in 14 contracts

Samples: Limited Liability Company Agreement, Limited Liability Company Agreement, Limited Liability Company Agreement (Cheniere Energy Partners LP Holdings, LLC)

Effect of Waiver or Consent. Except as otherwise provided in this Agreement, a waiver or consent, express or implied, to or of any breach or default by any Member in the performance by that Member of its obligations with respect to the Company is not a consent or waiver to or of any other breach or default in the performance by that Member of the same or any other obligations of that Member with respect to the Company. Except as otherwise provided in this Agreement, failure on the part of a Member to complain of any act of any Member or to declare any Member in default with respect to the Company, irrespective of how long that failure continues, does not constitute a waiver by that Member of its rights with respect to that default until the applicable statute-of-statute of limitations period has run.

Appears in 11 contracts

Samples: Limited Liability Company Agreement (Nextera Energy Partners, Lp), Limited Liability Company Agreement (Nextera Energy Partners, Lp), Purchase and Sale Agreement (Nextera Energy Partners, Lp)

Effect of Waiver or Consent. Except as otherwise provided in this Agreement, a waiver consent or consentwaiver, express or implied, to or of any breach or default by any Member in the performance by that Member of its obligations with respect to the Company is not a consent or waiver to or of any other breach or default in the performance by that Member of the same or any other obligations of that Member with respect to the Company. Except as otherwise provided in this Agreement, failure on the part of a Member to complain of any act of any Member or to declare any Member in default with respect to the Company, irrespective of how long that failure continues, does not constitute a waiver by that Member of its rights with respect to that default until the applicable statute-of-limitations period has run.

Appears in 7 contracts

Samples: Limited Liability Company Agreement (Western Midstream Partners, LP), Limited Liability Company Agreement (Western Midstream Operating, LP), Limited Liability Company Agreement (Western Midstream Partners, LP)

Effect of Waiver or Consent. Except as otherwise provided in this Agreement, a waiver or consent, express or implied, to or of any breach or default by any Member in the performance by that Member of its obligations with respect to the Company is not a consent or waiver to or of any other breach or default in the performance by that Member of the same or any other obligations of that Member with respect to the Company. Except as otherwise provided in this Agreement, failure on the part of a Member to complain of any act of any Member or to declare any Member in default with respect to the Company, irrespective of how long that failure continues, does not constitute a waiver by that Member of its rights with respect to that default until the applicable statute-of-limitations period has runexpired.

Appears in 6 contracts

Samples: Limited Liability Company Agreement (NRG Retail LLC), Limited Liability Company Agreement (NRG Retail LLC), Limited Liability Company Agreement (NRG Retail LLC)

Effect of Waiver or Consent. Except as otherwise provided in this AgreementTo the fullest extent permitted by Law, a waiver or consent, express or implied, to or of any breach or default by any Member Person in the performance by that Member Person of its obligations with respect to the Company is not a consent or waiver to or of any other breach or default in the performance by that Member Person of the same or any other obligations of that Member Person with respect to the Company. Except as otherwise provided in this AgreementTo the fullest extent permitted by Law, failure on the part of a Member Person to complain of any act of any Member Person or to declare any Member Person in default with respect to the Company, irrespective of how long that failure continues, does not constitute a waiver by that Member Person of its rights with respect to that default until the applicable statute-of-limitations period has run.

Appears in 5 contracts

Samples: Limited Liability Company Agreement, Limited Liability Company Agreement, Limited Liability Company Agreement (Caesars Entertainment Operating Company, Inc.)

Effect of Waiver or Consent. Except as otherwise provided in this Agreement, a waiver or consent, express or implied, to or of any breach or default by any Member Person in the performance by that Member Person of its obligations with respect to the Company is not a consent or waiver to or of any other breach or default in the performance by that Member Person of the same or any other obligations of that Member Person with respect to the Company. Except as otherwise provided in this Agreement, failure on the part of a Member Person to complain of any act of any Member Person or to declare any Member Person in default with respect to the Company, irrespective of how long that failure continues, does not constitute a waiver by that Member Person of its rights with respect to that default until the applicable statute-of-statute of limitations period has run.

Appears in 3 contracts

Samples: Limited Liability Company Agreement, Limited Liability Company Agreement (Sanchez Production Partners LP), Limited Liability Company Agreement (Constellation Energy Partners LLC)

Effect of Waiver or Consent. Except as otherwise provided in this Agreement, a waiver or consent, express or implied, to or of any breach or default by any Member Person in the performance by that Member Person of its obligations with respect to the Company is not a consent or waiver to or of any other breach or default in the performance by that Member Person of the same or any other obligations of that Member Person with respect to the Company. Except as otherwise provided in this Agreement, failure on the part of a Member Person to complain of any act of any Member Person or to declare any Member Person in default with respect to the Company, irrespective of how long that failure continues, does not constitute a waiver by that Member Person of its rights with respect to that default until the applicable statute-of-of- limitations period has run.

Appears in 2 contracts

Samples: Agreement and Plan of Merger, Limited Liability Company Agreement

Effect of Waiver or Consent. Except as otherwise provided in this Agreement, a waiver or consent, express or implied, to or of any breach or default by any Member in the performance by that Member of its obligations with respect to the Company is not a consent or waiver to or of any other breach or default in the performance by that Member of the same or any other obligations of that Member with respect to the Company. Except as otherwise provided in this Agreement, failure on the part of a Member to complain of any act of any Member or to declare any Member in default with respect to the Company, irrespective of how long that failure continues, does not constitute a waiver by that Member of its rights with respect to that default until the applicable statute-of-limitations statute‑of‑limitations period has run.

Appears in 2 contracts

Samples: Trust Agreement, Limited Liability Company Agreement

Effect of Waiver or Consent. Except as otherwise provided in this Agreement, a waiver or consent, express or implied, to or of any breach or default by any Member in the performance by that Member of its obligations with respect to the Company is not a consent or waiver to or of any other breach or default in the performance by that Member of the same or any other obligations of that Member with respect to the Company. Except as otherwise provided in this Agreement, failure on the part of a Member to complain of any act of any other Member or to declare any other Member in default with respect to the Company, irrespective of how long that failure continues, does not constitute a waiver by that Member of its rights with respect to that default until the applicable statute-of-limitations period has run.

Appears in 2 contracts

Samples: Investment and Option Agreement (NRG Energy, Inc.), NRG Energy, Inc.

Effect of Waiver or Consent. Except as otherwise provided in this Agreement, a waiver or consent, express or implied, to or of any breach or default by any Member in the Active 14598351.7 44 performance by that Member of its obligations with respect to the Company is not a consent or waiver to or of any other breach or default in the performance by that Member of the same or any other obligations of that Member with respect to the Company. Except as otherwise provided in this Agreement, failure on the part of a Member to complain of any act of any Member or to declare any Member in default with respect to the Company, irrespective of how long that failure continues, does not constitute a waiver by that Member of its rights with respect to that default until the applicable statute-of-limitations period has run.

Appears in 2 contracts

Samples: Limited Liability Company Agreement, Limited Liability Company Agreement (Delek Logistics Partners, LP)

Effect of Waiver or Consent. Except as otherwise provided in this Agreement, a waiver or consent, express or implied, to or of any breach or default by any Member in the performance by that Member of its obligations with respect to the Company is not a consent or waiver to or of any other breach or default in the performance by that Member of the same or any other obligations of that Member with respect to the Company. Except as otherwise expressly provided in this Agreement, failure on the part of a Member to complain of any act of any Member or to declare any Member in default with respect to the Company, irrespective of how long that failure continues, does not constitute a waiver by that Member of its rights with respect to that default until the applicable statute-of-limitations period has run.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Piedmont Natural Gas Co Inc)

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Effect of Waiver or Consent. Except as otherwise provided in this Agreement, a waiver or consent, express or implied, to or of any breach or default by any Member Person in the performance by that Member Person of its obligations with respect to the Company is not a consent or waiver to or of any other breach or default in the performance by that Member Person of the same or any other obligations of that Member Person with respect to the Company. Except as otherwise provided in this Agreement, failure on the part of a Member Person to complain of any act of any Member Person or to declare any Member Person in default with respect to the Company, irrespective of how long that failure continues, does not constitute a waiver by that Member Person of its rights with respect to that default until the applicable statute-statute- of-limitations period has run.

Appears in 1 contract

Samples: Limited Liability Company Agreement

Effect of Waiver or Consent. Except as otherwise provided in this Agreement, a waiver or consent, express or implied, to or of any breach or default by any Member in the performance by that Member of its obligations with respect to the Company is not a consent or waiver to or of any other breach or default in the performance by that Member of the same or any other obligations of that Member with respect to the Company. Except as otherwise provided in this Agreement, failure on the part of a Member to complain of any act of any Member or to declare any Member in default with respect to the Company, irrespective of how long that failure continues, does not constitute a waiver by that Member of its rights with respect to that default until the applicable statute-of-limitations period has run.constitute

Appears in 1 contract

Samples: Limited Liability Company Agreement (Regency Energy Partners LP)

Effect of Waiver or Consent. Except as otherwise provided in this Agreement, a waiver or consent, express or implied, to or of any breach or default by any Member Person in the performance by that Member Person of its obligations with respect to the Company is not a consent or waiver to or of any other breach or default in the performance by that Member Person of the same or any other obligations of that Member Person with respect to the Company. Except as otherwise provided in this Agreement, to the fullest extent permitted by law, failure on the part of a Member Person to complain of any act of any Member Person or to declare any Member Person in default with respect to the Company, irrespective of how long that failure continues, does not constitute a waiver by that Member Person of its rights with respect to that default until the applicable statute-of-limitations period has run.

Appears in 1 contract

Samples: Limited Liability Company Agreement (OGE Enogex Partners L.P.)

Effect of Waiver or Consent. Except as otherwise provided in this Agreement, a waiver or consent, express or implied, to or of any breach or default by any Member in the performance by that Member of its obligations with respect to the Company is not a consent or waiver to or of any other breach or default in the performance by that Member of the same or any other obligations of that Member with respect to the Company. Company Except as otherwise provided in this Agreement, failure on the part of a Member to complain of any act of any Member or to declare any Member in default with respect to the Company, irrespective of how long that failure continues, does not constitute a waiver by that Member of its rights with respect to that default until the applicable statute-of-limitations period has run.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Somerset Power LLC)

Effect of Waiver or Consent. Except as otherwise provided in this Agreement, a waiver or consent, express or implied, to or of any breach or default by any Member in the performance by that Member of its obligations with respect to the Company is not a consent or waiver to or of any other breach or default in the performance by that Member of the same or any other obligations of that Member with respect to the Company. Except as otherwise provided in this Agreement, failure on the part of a Member to complain of any act of any Member or to declare any Member in default with respect to the Company, irrespective of how long that failure continues, does not constitute a waiver by that Member of its rights with respect to that default until the applicable statute-of-statute of limitations period has run.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Spectra Energy Partners, LP)

Effect of Waiver or Consent. Except as otherwise provided in this Agreement, a waiver or consent, express or implied, to or of any breach or default by any Member in the performance by that Member of its obligations with respect to the Company is not a consent or waiver to or of any other breach or default in the performance by that Member of the same or any other obligations of that Member with respect to the Company. Except as otherwise 130 provided in this Agreement, failure on the part of a Member to complain of any act of any Member or to declare any Member in default with respect to the Company, irrespective of how long that failure continues, does not constitute a waiver by that Member of its rights with respect to that default until the applicable statute-of-statute of limitations period has run.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Nextera Energy Partners, Lp)

Effect of Waiver or Consent. Except as otherwise provided in this AgreementTo the fullest extent permitted by Law, a waiver or consent, express or implied, to or of any breach or default by any Member Person in the performance by that Member Person of its obligations with respect to the Company is not a consent or waiver to or of any other breach or default in the performance by that Member Person of the same or any other obligations of that Member Person with respect to the Company. Except as otherwise provided in this AgreementTo the fullest extent permitted by Law, failure on the part of a Member Person to complain of any act of any Member Person or to declare any Member Person in default with respect to the Company, irrespective of how long that failure continues, does not constitute a waiver by that Member Person of its rights with respect to that default until the applicable statute-of-of- limitations period has run.

Appears in 1 contract

Samples: Limited Liability Company Agreement

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