Common use of Reservation of Right Clause in Contracts

Reservation of Right. 10.1 If one party fails to exercise part or all of the rights hereunder, or fails to require the other party to perform or undertake part or all of the obligations and responsibilities, it shall not constitute a waiver of such rights or a waiver of such obligations and responsibilities. 10.2 Any tolerance, extension or delay on the part of one party to the other party in exercising the rights under the Contract shall not affect any rights it enjoys under the Contract, laws and regulations, and shall not be deemed as a waiver of such rights.

Appears in 2 contracts

Samples: Loan Contract (Pop Culture Group Co., LTD), Loan Contract (Pop Culture Group Co., LTD)

AutoNDA by SimpleDocs

Reservation of Right. 10.1 If one party fails to exercise part or all of the rights hereunder, or fails to require the other party to perform or undertake part or all of the obligations and responsibilities, it shall not constitute a waiver of such rights or a waiver of such obligations and responsibilities. 10.2 . Any tolerance, extension or delay on the part of one party to the other party in exercising the rights under the Contract shall not affect any rights it enjoys under the Contract, laws and regulations, and shall not be deemed as a waiver of such rights.

Appears in 2 contracts

Samples: Working Capital Loan Contract (Pop Culture Group Co., LTD), Loan Agreement (Pop Culture Group Co., LTD)

AutoNDA by SimpleDocs

Reservation of Right. 10.1 If one Failure by a party fails to exercise part all or all of the partial rights hereunder, hereunder or fails to require the other party to perform and assume all or undertake part or all of the partial obligations and responsibilities, it shall responsibilities will not constitute a waiver by such party of such rights or a waiver of exemption from such obligations and responsibilities. 10.2 . Any toleranceindulgence, extension or delay on postponement in exercising the part of one rights hereunder granted by a party to the other party in exercising the rights under the Contract shall will not affect any rights it enjoys shall have under the Contract, this Contract and laws and regulations, and shall not nor be deemed construed as a waiver by it of such rights.

Appears in 1 contract

Samples: Domestic Commercial Invoice Discounting Agreement (SMSA Palestine Acquistion Corp.)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!