Common use of Mistake Clause in Contracts

Mistake. This Agreement is intended to resolve finally the rights and liabilities of the Parties in connection with its subject matter and none of the Parties shall seek to reopen the Agreement on the grounds that it in the future becomes aware of any mistake in law (including any such mistake arising as a result of a subsequent change of law) or mistake of fact relating to this Agreement or upon which this Agreement was entered into. No failure or delay on the part of any Party in exercising any right, power or privilege under this Agreement shall operate as a waiver thereof, nor shall any single or partial exercise of any such right, power or privilege preclude any other or further exercise thereof or the exercise of any other right, power or privilege.