Common use of Exercise of Rights and Waiver Clause in Contracts

Exercise of Rights and Waiver. (a) Except where this Funding Agreement expressly states otherwise, a party may, in its absolute discretion, give conditionally or unconditionally, or withhold, any acceptance, agreement, approval or consent under this Funding Agreement. (b) Waiver of any provision of or right under this Funding Agreement must be in writing and signed by the party entitled to the benefit of that provision or right and is effective only to the extent set out in any written waiver.

Exercise of Rights and Waiver. (a) Except where this Funding Agreement expressly states otherwise, a party may, in its absolute discretion, give conditionally or unconditionally, or withhold, any acceptance, agreement, approval or consent under this Funding Agreement. (b) . Waiver of any provision of or right under this Funding Agreement must be in writing and signed by the party entitled to the benefit of that provision or right and is effective only to the extent set out in any written waiver.