Common use of Waiver of Rescission Clause in Contracts

Waiver of Rescission. Each Party hereby irrevocably waives any right of rescission with respect to this Agreement and the transactions contemplated hereby and agrees that it will not, directly or indirectly, initiate or pursue any proceeding or take any other action that may result in such rescission.

Appears in 3 contracts

Samples: Stock Purchase Agreement (Knight Ridder Inc), Redemption Agreement (Knight Ridder Inc), Partnership Interest Purchase Agreement (Knight Ridder Inc)

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Waiver of Rescission. Each Party party hereby irrevocably waives any right of rescission with respect to this Agreement and the transactions contemplated hereby and agrees that it will not, directly or indirectly, initiate or pursue any proceeding or take any other action that may result in such rescission.. [SIGNATURE PAGE FOLLOWS]

Appears in 1 contract

Samples: Partnership Interests Purchase Agreement

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Waiver of Rescission. Each Party party hereby irrevocably waives any right of rescission with respect to this Agreement and the transactions contemplated hereby and agrees that it will not, directly or indirectly, initiate or pursue any proceeding or take any other action that may result in such rescission.

Appears in 1 contract

Samples: Partnership Interests Purchase Agreement (Alliance Semiconductor Corp /De/)

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