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.