Common use of Modifications, Consents and Waivers Clause in Contracts

Modifications, Consents and Waivers. No modification, amendment or waiver of or with respect to any provision of the Loan Documents, nor consent to any departure by a party from any of the terms or conditions thereof shall in any event be effective unless it is in writing and signed by the party against whom such modification, amendment, waiver or consent is sought to be enforced. Any such waiver or consent will be effective only in the specific instance and for the purpose for which given. No consent to or demand on the Borrower in any case will, of itself, entitle it to any other or further notice or demand in similar or other circumstances.

Appears in 5 contracts

Samples: Loan Agreement (Arris Pharmaceutical Corp/De/), Loan Agreement (Corixa Corp), Loan Agreement (Sequana Therapeutics Inc)

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Modifications, Consents and Waivers. No modification, amendment or waiver of or with respect to any provision of the Loan Documents, nor consent to any departure by a party from any of the terms or conditions thereof shall in any event be effective unless it is in writing and signed by the party against whom such modification, amendment, waiver or consent is sought to be enforced. Any such waiver or consent will be effective only in the specific instance and for the purpose for which given. No consent to or demand on the Borrower Borrowers in any case will, of itself, entitle it to any other or further notice or demand in similar or other circumstances.

Appears in 1 contract

Samples: Loan Agreement (Genome Therapeutics Corp)

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Modifications, Consents and Waivers. No modification, amendment ----------------------------------- or waiver of or with respect to any provision of the Loan Documents, nor consent to any departure by a party from any of the terms or conditions thereof shall in any event be effective unless it is in writing and signed by the party against whom such modification, amendment, waiver or consent is sought to be enforced. Any such waiver or consent will be effective only in the specific instance and for the purpose for which given. No consent to or demand on the Borrower in any case will, of itself, entitle it to any other or further notice or demand in similar or other circumstances.

Appears in 1 contract

Samples: Loan Agreement (Kopin Corp)

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