Saving for future waivers Sample Clauses

The "Saving for future waivers" clause establishes that any waiver of rights or obligations under the agreement must be made explicitly and does not automatically apply to future situations. In practice, this means that if one party chooses not to enforce a particular term or right on one occasion, it does not forfeit the ability to enforce that same term or right in the future unless a clear, written waiver is provided for subsequent instances. This clause ensures that parties retain their contractual rights over time and prevents the unintended loss of rights due to past leniency or oversight.
Saving for future waivers. 16.2.1 No waiver by any Party of any default by another in the performance of or compliance with any of the provisions of this Agreement shall operate or be construed as a waiver of any other or further default whether of a like or different character.