Common use of Material Provisions Clause in Contracts

Material Provisions. The parties agree that each provision of this Agreement is a material provision and that failure of any party to perform any one provision hereof shall be the basis for voiding the entire Agreement at the option of the other party, or for pursuing an action at law for such breach. Any party may waive or excuse the failure of the other party to perform any provision of this Agreement; provided, however, that any such waivers shall not preclude the enforcement of this Agreement upon any subsequent breach, whether or not similar in character to any waived breach.

Appears in 5 contracts

Samples: Employment Agreement, Employment Agreement, Employment Agreement

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Material Provisions. The parties agree that each provision of this Agreement is a material provision and that failure of any party to perform any one anyone provision hereof shall be the basis for voiding the entire Agreement at the option of the other party, or for pursuing an action at law for such breach. Any party may waive or excuse the failure of the other party to perform any provision of this Agreement; provided, however, that any such waivers shall not preclude the enforcement of this Agreement upon any subsequent breach, whether or not similar in character to any waived breach.

Appears in 2 contracts

Samples: Employment Agreement, Interim Harbor Manager Employment Agreement

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