Common use of No Waiver or Estoppel Clause in Contracts

No Waiver or Estoppel. This Agreement is irrevocable unless revoked by the mutual consent of Applicant and City. Neither this Agreement nor the providing of the Deposit by Applicant and the acceptance of the Deposit by City shall constitute a waiver or estoppel by or against City concerning the Work, nor shall any such matters in any way relieve Applicant from the obligations to (a) timely achieve satisfactory Installation/Acceptance of the Work in full compliance with City Standards, or (b) fully perform under the Warranty, all as provided in above, regardless of whether or not the Deposit is adequate to pay for the satisfactory Installation/Acceptance of the Work or the satisfactory fulfillment of the Warranty.

No Waiver or Estoppel. This Agreement is irrevocable unless revoked by the mutual consent of Applicant and City. Neither this Agreement nor the providing of the Deposit LC by Applicant and the acceptance of the Deposit LC by City shall constitute a waiver or estoppel by or against City concerning the Work, nor shall any such matters in any way relieve Applicant from the obligations to (a) timely achieve satisfactory Installation/Acceptance of the Work in full compliance with City Standards, or (b) fully perform under the Warranty, all as provided in above, regardless of whether or not the Deposit Committed Amount is adequate to pay for the satisfactory Installation/Acceptance of the Work or the satisfactory fulfillment of the Warranty.