Common use of Waiver by WEST Clause in Contracts

Waiver by WEST. WEST may (a) extend the time for the performance of any of the obligations or other acts of Xxxxxx, (b) waive any inaccuracies in the representations and warranties of any such party contained herein or in any document delivered by any such party or (c) waive compliance with any of the agreements or conditions of any such party contained herein. Written notice shall be provided to each Rating Agency of the waiver of a condition precedent set forth on Schedule 3, Part 2 hereto. Any waiver of any term or condition shall not be construed as a waiver of any subsequent breach or a subsequent waiver of the same term or condition, or a waiver of any other term or condition, of this Agreement. The failure of any party to assert any of its rights hereunder shall not constitute a waiver of any of such rights.

Appears in 3 contracts

Samples: Asset Purchase Agreement (Willis Lease Finance Corp), Asset Purchase Agreement (Willis Lease Finance Corp), Asset Purchase Agreement (Willis Lease Finance Corp)

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Waiver by WEST. WEST may (a) extend the time for the performance of any of the obligations or other acts of Xxxxxx, (b) waive any inaccuracies in the representations and warranties of any such party contained herein or in any document delivered by any such party or (c) waive compliance with any of the agreements or conditions of any such party contained herein. Written notice shall be provided to each Rating Agency of the waiver of a condition precedent set forth on Schedule 3, Part 2 hereto. Any waiver of any term or condition shall not be construed as a waiver of any subsequent breach or a subsequent waiver of the same term or condition, or a waiver of any other term or condition, of this Agreement. The failure of any party to assert any of its rights hereunder shall not constitute a waiver of any of such rights. Section 7.02.

Appears in 1 contract

Samples: Asset Purchase Agreement (Willis Lease Finance Corp)

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