Common use of Merger Clause; Waiver; Interpretation Clause in Contracts

Merger Clause; Waiver; Interpretation. The WOC, including everything incorporated by reference into the WOC, constitutes the entire agreement between the Parties on the subject matter hereof. There are no understandings, agreements, or representations, oral or written, not specified herein regarding the WOC. No waiver, consent, modification or change of terms of the WOC shall bind either Party, unless such waiver, consent, modification or change of terms is in writing and signed by the Parties, and all necessary State of Oregon governmental approvals have been obtained. Such a waiver, consent, modification or change, if made, shall be effective only in the specific instance and for the specific purpose given. Either Party’s failure to enforce any provision of the WOC shall not constitute a waiver by that Party of that or any other provision. The characterization of provisions of the PA or the WOC as material provisions or the failure to comply with certain provisions as a material breach of the PA or the WOC shall in no way be construed to mean that any other provisions of the PA or the WOC are not material or that failure to comply with any other provisions is not a material breach of the PA or the WOC.