Non-prejudice of Clause Samples
A Non-prejudice of clause serves to clarify that the actions, statements, or agreements made within a particular context do not affect or compromise any existing rights, claims, or positions of the parties involved. In practice, this means that discussions or concessions made during negotiations, for example, cannot be used as evidence against a party in future disputes or legal proceedings. The core function of this clause is to protect parties from unintentionally waiving their rights or weakening their legal standing by ensuring that their participation in certain activities does not prejudice their broader interests.
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Non-prejudice of guarantee The liability of IPE under the guarantee in clause 12.1 shall not be abrogated, prejudiced or affected by any of the following:
(a) the granting of time, credit or any indulgence or other concession to IPENZ by NGC, or any compromise, release, abandonment, waiver, relinquishment of any rights of NGC against IPENZ, or anything done or omitted or neglected to be done by NGC in the exercise of the authorities, powers and discretions vested in NGC by this Agreement;
(b) the winding up, liquidation or insolvency of IPENZ;
(c) any alteration, modification or variation of, or addition to this Agreement which has been approved in writing by IPE;
(d) any partial or total change in the legal or beneficial ownership of IPENZ;
(e) any other dealing, matter or thing which, but for this clause 12.3, might operate to abrogate, prejudice or affect such guarantee (except any alteration, modification or variation of, or addition to this Agreement which has not been approved in writing by IPE).