Waiver of Action. Upon motion and affirmative vote of the Governance Committee (pursuant to Section VII of this Agreement), the Governance Committee may choose to waive its right to issue a decision or recommendation with respect to any matter for which the Governance Committee is afforded such right herein. The purpose of the Governance Committee’s right to waive its right to make any specified decision or recommendation herein is to empower the Governance Committee to avoid issuing any decision or recommendation, which, in its determination, would violate any law, unreasonably delay efforts to develop water supplies for the Monterey Peninsula, or otherwise compromise the public interest.
Waiver of Action. 9.12 Employee Stability. 9.13 Administrative Requirements. 9.14 Integration Services. 9.15 Insurances. 9.16 Confidentiality - Public Announcement.
Waiver of Action. The Buyer and the Seller waive (in the absence of fraud or willful misconduct) any right to bring a claim against any employee, director, advisor or officer of the Seller or the Buyer and any of their respective Affiliates that may arise from any of the representations and warranties under Article V and Article VI or any other representation and warranties made in connection with the Transaction.
Waiver of Action. 19 ARTICLE 9 BOOKS, RECORDS, ACCOUNTING AND REPORTS...........................19
Waiver of Action. Distributor waives any claim or right of action arising out of or respecting the Agreement against the offers and the members of the board of directors of Vendor respecting actions taken in their capacity as directors.
Waiver of Action. Each Member irrevocably waives during the term of the Company any right that it may have to maintain any action for breach of fiduciary duty with respect to the actions of the Managers and the Investment Committee unless such person or persons acted in bad faith.
Waiver of Action. FOR PARTITION Each of the Partners hereby irrevocably waives during the term of the Partnership any right he may have to maintain any action for partition with respect to the property of the Partnership. 15.5 BINDING PROVISIONS Subject to the provisions of Article X hereof, the covenants and agreements contained herein shall be binding upon, and inure to the benefit of, the executors, administrators, personal representatives, successors and assigns of the respective parties hereto. 15.6 APPLICABLE LAW This Agreement, and the application and interpretation thereof, shall be governed, construed, and enforced exclusively by its terms and by the law of the State of California. 15.7 COUNTERPARTS This Agreement may be executed in several counterparts, all of which together shall constitute one agreement binding on all parties hereto, notwithstanding that all parties have not signed the same counterpart. 15.8
Waiver of Action. In exchange for the obligations contracted by Xx. Xxxxxxx pursuant to Article 3 of this settlement agreement, the Company expressly and definitively agrees not to make any claim and/or any grievance, for whatever purpose, on whatever grounds, against Xx. Xxxxxxx, as well as not to take any legal action or any legal proceedings against him, of whatever kind or purpose, before any court and/or independent administrative authority whatsoever, including a criminal court, in relation to the facts and/or events and/or relations described in the introduction above and/or their performance and/or their termination.
Waiver of Action. No action or omission by Landlord, including but not limited to, any extension, modification, amendment, forbearance, delay, indulgence, or concession with regard hereto, with or without notice to Tenant, is intended as, nor shall it constitute or be deemed a waiver, discharge or release of Tenant, or of any obligation of Tenant or right of Landlord established hereby, nor shall such action or omission constitute an approval of or acquiescence in any breach hereof or Default hereunder.
Waiver of Action. The Lessee and his insurers waive any recourse against the Lessor and his insurers because of the destruction or total or partial damage of all equipment, furnishings, any values and goods due to deprivation or disorder enjoyment of the leased premises and even in case of total or partial loss of the business, including intangible elements attached to that fund. The Tenant undertakes to denounce this clause to its insurers. The Lessor and his insurers waive all recourse in return they would be entitled to exercise against the Lessee and his insurer’saccidental loss covered by the policies taken.
