Common use of Effect of Waiver or Forbearance Clause in Contracts

Effect of Waiver or Forbearance. No waiver by Lessor of any breach by Lessee of any of its obligations, agreements or covenants hereunder shall be a waiver of any subsequent breach or of any obligation, agreement or covenant, nor shall any forbearance by Lessor to seek a remedy for any breach by Lessee be a waiver by Lessor of its rights and remedies with respect to such subsequent breach.

Appears in 3 contracts

Samples: Lease Agreement (FFP Partners L P), Building Lease Agreement (FFP Marketing Co Inc), Ground Lease Agreement (FFP Marketing Co Inc)

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Effect of Waiver or Forbearance. No waiver by Lessor of any breach by Lessee of any of its obligations, agreements agreements, or covenants hereunder shall be a waiver of any subsequent breach or of any obligation, agreement agreement, or covenant, nor shall any forbearance by Lessor to seek a remedy for any breach by Lessee be a waiver by Lessor of its rights and remedies with respect to such subsequent breach.

Appears in 1 contract

Samples: Master Lease Agreement (FFP Partners L P)

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