Common use of Waiver by the Company Clause in Contracts

Waiver by the Company. No delay or omission by the Company in exercising any right under this Agreement shall operate as a waiver of that or any other right. A waiver or consent given by the Company on any one occasion shall be effective only in that instance and shall not be construed as a bar or waiver of any right on any other occasion. No waiver by the Company shall be valid unless in writing signed by an authorized officer of the Company and approved by a majority of the Board.

Appears in 21 contracts

Samples: Employment Agreement (Palatin Technologies Inc), Employment Agreement (Palatin Technologies Inc), Employment Agreement (Palatin Technologies Inc)

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Waiver by the Company. No delay or omission by the Company in exercising any right under this Agreement shall operate as a waiver of that or any other right. A waiver or consent given by the Company on any one occasion shall be effective only in that instance and shall not be construed as a bar or waiver of any right on any other occasion. No waiver by the Company shall be valid unless in a writing signed by an authorized officer of the Company and approved by a majority of the Board.

Appears in 5 contracts

Samples: Employment Agreement (Palatin Technologies Inc), Employment Agreement (Palatin Technologies Inc), Employment Agreement (Palatin Technologies Inc)

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Waiver by the Company. No delay or omission by the Company in exercising any right under this Agreement shall operate as a waiver of that or any other right. A waiver or consent given by the Company on any one occasion shall be effective only in that instance and shall not be construed as a bar or waiver of any right on any other occasion. No waiver by the Company shall be valid unless in a writing signed by an authorized officer of the Company and approved by a an absolute majority of the Board.

Appears in 4 contracts

Samples: Employment Agreement (Palatin Technologies Inc), Employment Agreement (Palatin Technologies Inc), Employment Agreement (Palatin Technologies Inc)

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