Common use of FULL UNDERSTANDING, MODIFICATION, WAIVER Clause in Contracts

FULL UNDERSTANDING, MODIFICATION, WAIVER. This Agreement summarizes the full and entire understanding of the parties regarding those matters within the scope of negotiations. Except as specifically provided herein, it is agreed and understood that each party hereto voluntarily and unqualifiedly waives its right, and agrees that the other shall not be required, to negotiate with respect to any subject or matter covered herein and with respect to any other matters within the scope of negotiations, during the term of this Agreement. Any agreement, alteration, understanding, variation, waiver or modification of any of the terms or provisions contained herein shall not be binding upon the parties hereto unless made and executed in writing by all parties hereto and, if required, ratified, approved and implemented as provided in Article 3. The waiver of any breach, term or condition of this Agreement by either party shall not constitute a precedent in the future enforcement of all its terms and provisions.

Appears in 7 contracts

Samples: Memorandum of Agreement, Memorandum of Agreement, Memorandum of Agreement

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FULL UNDERSTANDING, MODIFICATION, WAIVER. This Agreement summarizes the t he full and entire understanding of the parties regarding those matters within the scope of negotiations. Except as specifically provided herein, it is agreed and understood under stood that each party hereto voluntarily and unqualifiedly waives its right, and agrees that the other shall not no t be required, to negotiate with respect to any subject or matter covered herein and with respect to any other matters within the scope sc ope of negotiations, during the term of this Agreement. Any agreement, alteration, understanding, variation, waiver or modification of any of the terms or provisions contained herein shall not be binding upon the parties hereto unless made and executed exec uted in writing by all parties hereto her eto and, if required, ratified, approved and implemented as provided in Article 3. The waiver of any breach, term or condition of this Agreement by either party shall not constitute a precedent in the future enforcement of all its terms and provisions.

Appears in 1 contract

Samples: Memorandum of Agreement

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FULL UNDERSTANDING, MODIFICATION, WAIVER. This Agreement summarizes the full and entire understanding of the parties regarding those matters within the scope of negotiations. Except as specifically provided herein, it is agreed and understood that each party hereto voluntarily and unqualifiedly waives its right, and agrees that the other shall not be required, to negotiate with respect to any subject or matter covered herein and with respect to any other matters within the scope of negotiations, during the term of this Agreement. Any agreement, alteration, understanding, variation, waiver or modification of any of the terms or provisions contained herein shall not be binding upon the parties hereto unless made and executed in writing by all parties hereto and, if required, ratified, approved and implemented as provided in Article 3. The waiver of any breach, term or condition of this Agreement by either party shall not constitute a precedent in the future enforcement of all its terms and provisions.provisions.β€Œ

Appears in 1 contract

Samples: Memorandum of Agreement

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