Common use of Waiver; Cumulative Rights Clause in Contracts

Waiver; Cumulative Rights. No failure by any Party to insist upon the strict performance of any covenant, duty, agreement or condition of this Agreement or to exercise any right or remedy upon a breach thereof shall constitute a waiver of any such breach or any other covenant, duty, agreement or condition. All rights and remedies which a Party may have hereunder or by operation of law are cumulative, and the pursuit of one right or remedy shall not be deemed an election to waive or renounce any other right or remedy.

Appears in 4 contracts

Samples: Technology Alliance and Option Agreement (Metabolix, Inc.), Commercial Alliance Agreement (Metabolix Inc), Technology Alliance and Option Agreement (Metabolix, Inc.)

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Waiver; Cumulative Rights. No failure by any Party party to insist upon the strict performance of any covenant, duty, agreement or condition of this Agreement or to exercise any right or remedy upon a breach thereof shall constitute a waiver of any such breach or any other covenant, duty, agreement or condition. All rights and remedies which a Party may have hereunder or by operation of law are cumulative, and the pursuit of one right or remedy shall not be deemed an election to waive or renounce any other right or remedy.

Appears in 1 contract

Samples: Exclusive Patent License Agreement (SCOLR Pharma, Inc.)

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