Common use of RELAXATION Clause in Contracts

RELAXATION. 28.1. No latitude, extension of time or other indulgence which may be given or allowed by any party to the other parties in respect of the performance of any obligation hereunder, and no delay or forbearance in the enforcement of any right of any party arising from this Agreement, and no single or partial exercise of any right by any party under this Agreement, shall in any circumstances be construed to be an implied consent or election by such party or operate as a waiver or a novation of or otherwise affect any of the party’s rights in terms of or arising from this Agreement or preclude any such party from enforcing at any time and without notice, strict and punctual compliance with each and every provision or term hereof.

Appears in 2 contracts

Samples: Shareholders’ Agreement (Millennium Group Worldwide Inc), Shareholders’ Agreement (Millennium Group Worldwide Inc)

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RELAXATION. 28.1. No latitude, extension of time or other indulgence which may be given or allowed by any party to the other parties in respect of the performance of any obligation hereunder, and no delay or forbearance in the enforcement of any right of any party arising from this Agreement, and no single or partial exercise of any right by any party under this Agreement, shall in any circumstances be construed to be an implied consent or election by such party or operate as a waiver or a novation of or otherwise affect any of the party’s 's rights in terms of or arising from this Agreement or preclude any such party from enforcing at any time and without notice, strict and punctual compliance with each and every provision or term hereof.

Appears in 2 contracts

Samples: Shareholders’ Agreement (Millennium Group Worldwide Inc), Shareholders’ Agreement (Millennium Group Worldwide Inc)

RELAXATION. 28.122.1. No latitude, extension of time or other indulgence which may be given or allowed by any party to the other parties in respect of the performance of any obligation hereunder, and no delay or forbearance in the enforcement of any right of any party arising from this Agreementagreement, and no single or partial exercise of any right by any either party under this Agreementagreement, shall in any circumstances be construed to be an implied consent or election by such party or operate as a waiver or a novation of or otherwise affect any of the party’s rights in terms of or arising from this Agreement agreement or estop or preclude any such party from enforcing at any time and without notice, strict and punctual compliance with each and every provision or term hereof.

Appears in 2 contracts

Samples: Membership Agreement, Membership Agreement

RELAXATION. 28.1. No latitude, extension of time time, or other indulgence indulgences which may be given or allowed by any either of the party to the other parties party in respect of the performance of any obligation hereunder, and no delay or forbearance in the enforcement of any right of any either party arising from this Agreementagreement, and no single or partial exercise of any right by any either party under this Agreement, shall in terms of will in any circumstances be construed to be an implied consent or election by such party or operate as a waiver or a novation of or otherwise affect any of the party’s 's rights in terms of or arising from this Agreement agreement or stop or preclude any such party from enforcing at any time and without notice, strict and punctual compliance with each and every provision or term hereof.

Appears in 1 contract

Samples: Partner Terms and Conditions

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RELAXATION. 28.1. No latitude, extension of time or other indulgence which may be given or allowed by any party to the other parties in respect of the performance of any obligation hereunder, and no delay or forbearance in the enforcement of any right of any party arising from this Agreementagreement, and no single or partial exercise of any right by any party under this Agreementagreement, shall in any circumstances be construed to be an implied consent or election by such party or operate as a waiver or a novation of or otherwise affect any of the party’s rights in terms of or arising from this Agreement agreement or preclude any such party from enforcing at any time and without notice, strict and punctual compliance with each and every provision or term hereof.

Appears in 1 contract

Samples: And Claims Agreement (Wits Basin Precious Minerals Inc)

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