Common use of Waiver and Extension Clause in Contracts

Waiver and Extension. (a) Either Ctrip Party may (i) extend the time for the performance of any of the obligations or other acts of any of the Expedia Parties, (ii) waive any inaccuracies in the representations and warranties of any of the Expedia Parties contained herein or in any document delivered by any of the Expedia Parties pursuant hereto or (iii) waive compliance with any of the agreements of any of the Expedia Parties or conditions to the obligations of any of the Purchaser Parties contained herein. Any such extension or waiver shall be valid only if set forth in an instrument in writing signed by any Ctrip Party. (b) Either Expedia Party may (i) extend the time for the performance of any of the obligations or other acts of any of the Purchaser Parties, (ii) waive any inaccuracies in the representations and warranties of any of the Purchaser Parties contained herein or in any document delivered by any of the Purchaser Parties pursuant hereto or (iii) waive compliance with any of the agreements of any of the Purchaser Parties or conditions to the obligations of any of the Expedia Parties contained herein. Any such extension or waiver shall be valid only if set forth in an instrument in writing signed by any Expedia Party. (c) No waiver of any representation, warranty, agreement, condition or obligation granted pursuant to this Section 7.4 or otherwise in accordance with this Agreement shall be construed as a waiver of any prior or subsequent breach of such representation, warranty, agreement, condition or obligation or any other representation, warranty, agreement, condition or obligation and no waiver of any condition granted pursuant to this Section 7.4 or otherwise in accordance with this Agreement shall be construed as a waiver of any representation, warranty, agreement or covenant to which such condition relates. The failure of any Purchaser Party on the one hand, or any Expedia Party, on the other hand, to assert any of their respective rights hereunder shall not constitute a waiver of any of such rights.

Appears in 5 contracts

Samples: Share Purchase Agreement, Share Purchase Agreement (Keystone Lodging Holdings LTD), Share Purchase Agreement (Ctrip Com International LTD)

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Waiver and Extension. (a) Either Ctrip Party Puyi may (i) extend the time for the performance of any of the obligations or other acts of any of the Expedia PartiesFanhua Party, (ii) waive any inaccuracies in the representations and warranties of any of the Expedia Fanhua Parties contained herein or in any document delivered by Xxxxxx and any of the Expedia Parties Fanhua Party pursuant hereto or (iii) waive compliance with any of the agreements of any of the Expedia Fanhua Parties or conditions to the Puyi’s obligations of any of the Purchaser Parties contained herein. Any such extension or waiver shall be valid only if set forth in an instrument in writing signed by any Ctrip PartyXxxx. (b) Either Expedia Party The Fanhua Parties may (i) extend the time for the performance of any of the obligations or other acts of any of the Purchaser PartiesPuyi, (ii) waive any inaccuracies in the representations and warranties of any of the Purchaser Parties Puyi contained herein or in any document delivered by any of the Purchaser Parties Puyi pursuant hereto or (iii) waive compliance with any of the agreements of any of the Purchaser Parties Puyi or conditions to the Fanhua Parties’ obligations of any of the Expedia Parties contained herein. Any such extension or waiver shall be valid only if set forth in an instrument in writing signed by any Expedia Partythe Fanhua Parties. (c) No waiver of any representation, warranty, agreement, condition or obligation granted pursuant to this Section 7.4 7.5 or otherwise in accordance with this Agreement shall be construed as a waiver of any prior or subsequent breach of such representation, warranty, agreement, condition or obligation or any other representation, warranty, agreement, condition or obligation and no waiver of any condition granted pursuant to this Section 7.4 7.5 or otherwise in accordance with this Agreement shall be construed as a waiver of any representation, warranty, agreement or covenant to which such condition relates. The failure of any Purchaser Party Xxxx on the one hand, or any Expedia Partythe Fanhua Parties, on the other hand, to assert any of their respective rights hereunder shall not constitute a waiver of any of such rights.

Appears in 3 contracts

Samples: Securities Exchange Agreement (Puyi, Inc.), Securities Exchange Agreement (Fanhua Inc.), Securities Exchange Agreement (Hu Yinan)

Waiver and Extension. (a) Either Ctrip Party Xx. Xxxx may (i) extend the time for the performance of any of the obligations or other acts of any of the Expedia Shen Parties, (ii) waive any inaccuracies in the representations and warranties of any of the Expedia Shen Parties contained herein or in any document delivered by any of the Expedia Shen Parties pursuant hereto or (iii) waive compliance with any of the agreements of any of the Expedia Shen Parties or conditions to the Zhou Parties’ obligations of any of the Purchaser Parties contained herein. Any such extension or waiver shall be valid only if set forth in an instrument in writing signed by any Ctrip PartyXx. Xxxx. (b) Either Expedia Party Xx. Xxxx may (i) extend the time for the performance of any of the obligations or other acts of any of the Purchaser Zhou Parties, (ii) waive any inaccuracies in the representations and warranties of any of the Purchaser Zhou Parties contained herein or in any document delivered by any of the Purchaser Zhou Parties pursuant hereto or (iii) waive compliance with any of the agreements of any of the Purchaser Zhou Parties or conditions to the Shen Parties’ obligations of any of the Expedia Parties contained herein. Any such extension or waiver shall be valid only if set forth in an instrument in writing signed by any Expedia PartyXx. Xxxx. (c) No waiver of any representation, warranty, agreement, condition or obligation granted pursuant to this Section 7.4 7.6 or otherwise in accordance with this Agreement shall be construed as a waiver of any prior or subsequent breach of such representation, warranty, agreement, condition or obligation or any other representation, warranty, agreement, condition or obligation and no waiver of any condition granted pursuant to this Section 7.4 7.6 or otherwise in accordance with this Agreement shall be construed as a waiver of any representation, warranty, agreement or covenant to which such condition relates. The failure of any Purchaser Party of the Zhou Parties on the one hand, or any Expedia Partyof the Shen Parties, on the other hand, to assert any of their respective rights hereunder shall not constitute a waiver of any of such rights.

Appears in 2 contracts

Samples: Share Exchange Agreement (Zhou Xin), Share Exchange Agreement (Zhou Xin)

Waiver and Extension. (a) Either The Ctrip Party Parties may (i) extend the time for the performance of any of the obligations or other acts of any of the Expedia PartiesSeller, (ii) waive any inaccuracies in the representations and warranties of any of the Expedia Parties Seller contained herein or in any document delivered by any of the Expedia Parties Seller pursuant hereto or (iii) waive compliance with any of the agreements of any of the Expedia Parties Seller or conditions to the obligations of any of the Purchaser Ctrip Parties contained herein. Any such extension or waiver shall be valid only if set forth in an instrument in writing signed by any the Ctrip PartyParties. (b) Either Expedia Party The Seller may (i) extend the time for the performance of any of the obligations or other acts of any of the Purchaser Ctrip Parties, (ii) waive any inaccuracies in the representations and warranties of any of the Purchaser Ctrip Parties contained herein or in any document delivered by any of the Purchaser Ctrip Parties pursuant hereto or (iii) waive compliance with any of the agreements of any of the Purchaser Ctrip Parties or conditions to the obligations of any of the Expedia Ctrip Parties contained herein. Any such extension or waiver shall be valid only if set forth in an instrument in writing signed by any Expedia Partythe Seller. (c) No waiver of any representation, warranty, agreement, condition or obligation granted pursuant to this Section 7.4 8.4 or otherwise in accordance with this Agreement shall be construed as a waiver of any prior or subsequent breach of such representation, warranty, agreement, condition or obligation or any other representation, warranty, agreement, condition or obligation and no waiver of any condition granted pursuant to this Section 7.4 8.4 or otherwise in accordance with this Agreement shall be construed as a waiver of any representation, warranty, agreement or covenant to which such condition relates. The failure of any Purchaser Party the Ctrip Parties on the one hand, or any Expedia Partythe Seller, on the other hand, to assert any of their respective rights hereunder shall not constitute a waiver of any of such rights.

Appears in 1 contract

Samples: Share Purchase Agreement (Ctrip Com International LTD)

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Waiver and Extension. (a) Either Ctrip Party may (i) extend the time for the performance of any of the obligations or other acts of any of the Expedia PartiesBaidu Party, (ii) waive any inaccuracies in the representations and warranties of any of the Expedia Baidu Parties contained herein or in any document delivered by any of the Expedia Parties Baidu Party pursuant hereto or (iii) waive compliance with any of the agreements of any of the Expedia Baidu Parties or conditions to the Ctrip’s obligations of any of the Purchaser Parties contained herein. Any such extension or waiver shall be valid only if set forth in an instrument in writing signed by any Ctrip PartyCtrip. (b) Either Expedia Any Baidu Party may (i) extend the time for the performance of any of the obligations or other acts of any of the Purchaser PartiesCtrip, (ii) waive any inaccuracies in the representations and warranties of any of the Purchaser Parties Ctrip contained herein or in any document delivered by any of the Purchaser Parties Ctrip pursuant hereto or (iii) waive compliance with any of the agreements of any of the Purchaser Parties Ctrip or conditions to the Baidu Parties’ obligations of any of the Expedia Parties contained herein. Any such extension or waiver shall be valid only if set forth in an instrument in writing signed by any Expedia a Baidu Party. (c) No waiver of any representation, warranty, agreement, condition or obligation granted pursuant to this Section 7.4 7.5 or otherwise in accordance with this Agreement shall be construed as a waiver of any prior or subsequent breach of such representation, warranty, agreement, condition or obligation or any other representation, warranty, agreement, condition or obligation and no waiver of any condition granted pursuant to this Section 7.4 7.5 or otherwise in accordance with this Agreement shall be construed as a waiver of any representation, warranty, agreement or covenant to which such condition relates. The failure of any Purchaser Party Ctrip on the one hand, or any Expedia Partythe Baidu Parties, on the other hand, to assert any of their respective rights hereunder shall not constitute a waiver of any of such rights.

Appears in 1 contract

Samples: Share Exchange Agreement (Ctrip Com International LTD)

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