KNOWLEDGE OR ACQUIESCENCE Clause Samples
The Knowledge or Acquiescence clause establishes that a party’s awareness of, or failure to object to, a breach or deviation from the contract does not constitute a waiver of their rights under the agreement. In practice, this means that even if one party knows about a violation or does not immediately enforce a contractual term, they retain the ability to enforce the contract or seek remedies later. This clause is essential for preventing a party from losing their rights simply because they did not act immediately, thereby ensuring that contractual protections remain intact unless explicitly waived.
POPULAR SAMPLE Copied 43 times
KNOWLEDGE OR ACQUIESCENCE. Knowledge or acquiescence of either party hereto of or in any breach of any of the conditions or covenants herein contained shall not operate as or be deemed to be a waiver of such conditions or covenants or of any of them and notwithstanding such knowledge or acquiescence each party hereto shall be entitled to exercise their respective rights under this Agreement and to require strict performance by the other of the terms and conditions herein.
KNOWLEDGE OR ACQUIESCENCE. Knowledge or acquiescence by any party hereto of any breach of any of the terms, conditions or covenants herein contained shall not operate as or be deemed to be a waiver of such terms, conditions or covenants of any of them and notwithstanding such knowledge or acquiescence, each party hereto shall be entitled to exercise his respective rights under this Agreement and to require strict performance by the other of the terms, conditions and covenants herein. No single or partial exercise of any right power or privilege by any party hereto shall preclude any other of further exercise thereof or the exercise of any other right power or privilege.
KNOWLEDGE OR ACQUIESCENCE. Knowledge or acquiescence by any Party of, or in, any breach of any of the provisions of this Agreement shall not operate as, or be deemed to be, a waiver of such provisions and, notwithstanding such knowledge or acquiescence, such Party shall remain entitled to exercise its rights and remedies under this Agreement, and at law, and to require strict performance of all of the provisions of this Agreement. 2008/MEPS-MOBILITYONE 24 3rd Party Acquirer e-Debit