Common use of Time of Essence/No Waiver Clause in Contracts

Time of Essence/No Waiver. Time is of the essence hereof and no waiver, delay, indulgence, or failure to act by the Company regarding any particular default or omission by you shall affect or impair any of the Company’s rights or remedies regarding that or any subsequent default or omission that is not expressly waived in writing, and in all events time shall continue to be of the essence without the necessity of specific reinstatement.

Appears in 3 contracts

Samples: Employment Agreement (Med BioGene Inc.), Employment Agreement (Med BioGene Inc.), Employment Agreement (Med BioGene Inc.)

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Time of Essence/No Waiver. Time is of the essence hereof and no hereof. No waiver, delay, indulgence, or failure to act by the Company regarding any particular default or omission by you shall will affect or impair any of the Company’s rights or remedies regarding that or any subsequent default or omission that is not expressly waived in writing, and in all events time shall will continue to be of the essence without the necessity of specific reinstatement.

Appears in 2 contracts

Samples: Employment Agreement (XBiotech Inc.), Exchange Agreement (Valentis Inc)

Time of Essence/No Waiver. Time is of the essence hereof and no waiver, delay, indulgence, or failure to act by the Company regarding any particular default or omission by you shall will affect or impair any of the Company’s 's rights or remedies regarding that or any subsequent default or omission that is not expressly waived in writing, and in all events time shall will continue to be of the essence without the necessity of specific reinstatement.

Appears in 1 contract

Samples: Executive Employment Agreement (Valentis Inc)

Time of Essence/No Waiver. Time is of the essence hereof and no hereof. No waiver, delay, indulgence, or failure to act by the Company regarding any particular default or omission by you shall will affect or impair any of the Company’s 's rights or remedies regarding that or any subsequent default or omission that is not expressly waived in writing, and in all events time shall will continue to be of the essence without the necessity of specific reinstatement.

Appears in 1 contract

Samples: Executive Employment Agreement (Valentis Inc)

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Time of Essence/No Waiver. Time is of the essence hereof and no waiver, delay, indulgence, or failure to act by the The Company regarding any particular default or omission by you shall will affect or impair any of the Company’s rights or remedies regarding that or any subsequent default or omission that is not expressly waived in writing, and in all events time shall will continue to be of the essence without the necessity of specific reinstatement.

Appears in 1 contract

Samples: Inventions Agreement (XBiotech Inc.)

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