Common use of Variation or Waiver Clause in Contracts

Variation or Waiver. 20.1.1 No failure or delay on the part of any Party to exercise any right or remedy under this Agreement shall be construed or operate as a waiver thereof, nor shall any single or partial exercise of any right or remedy preclude the further exercise of such right or remedy 20.1.2 No waiver of any breach or default under this Agreement or any of the terms hereof shall be effective unless such waiver is given in writing and has been signed by the Party waiving its entitlement. No waiver of any breach or default in accordance with this clause 20 shall constitute a waiver of any other or subsequent breach or default 20.1.3 No modification variation or amendment of any provision in this Agreement shall be effective unless in writing and signed by the Parties’ duly authorised signatories acting on authority to vary such terms