Common use of Waivers and Amendment Clause in Contracts

Waivers and Amendment. (a) Each Party may, by written notice to each other Party executed by a properly authorized officer, (i) extend the time for the performance of any of the obligations or other actions of the other; (ii) waive any inaccuracies in the representations or warranties of the other contained in this Agreement; (iii) waive compliance with any of the covenants of the other contained in this Agreement; and (iv) waive or modify performance of any of the obligations of the other. (b) This Agreement may be amended, modified or supplemented only by a written instrument executed by all the Parties. Except as provided in the preceding sentence, no action taken pursuant to this Agreement, including, without limitation, any investigation by or on behalf of any Party, shall be deemed to constitute a waiver by the Party taking such action of compliance with any representations, warranties, covenants or agreements contained herein. The waiver by any Party of a breach of any provision of this Agreement shall not operate or be construed as a waiver of any subsequent breach.

Appears in 2 contracts

Samples: Contribution Agreement (Universal Health Services Inc), Contribution Agreement (Quorum Health Group Inc)

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Waivers and Amendment. (a) Each Either Party may, by written notice to each other Party executed by a properly authorized officerthe other, (i) extend the time for the performance of any of the obligations or other actions of the otherother Party; (ii) waive any inaccuracies in the representations or warranties of the other Party contained in this Agreement; (iii) waive compliance with any of the covenants of the other Party contained in this Agreement; and (iv) waive or modify performance of any of the obligations of the otherother Party. (b) This Agreement may be amended, modified modified, or supplemented only by a written instrument executed by all the Parties. Except as provided in the preceding sentence, no action taken pursuant to this Agreement, including, without limitation, any investigation by or on behalf of any Party, shall be deemed to constitute a waiver by the Party taking such action of compliance with any representations, warranties, covenants covenants, or agreements contained herein. The waiver by any a Party of a breach of any provision of this Agreement shall not operate or be construed as a waiver of any subsequent breach.

Appears in 1 contract

Samples: Stock Purchase Agreement (Arista Investors Corp)

Waivers and Amendment. (a) Each Party The Seller and the Shareholder, on the one hand, or the Buyer, on the other hand may, by written notice to each other Party executed by a properly authorized officerthe other, (i) extend the time for the performance of any of the obligations or other actions of the other; (ii) waive any inaccuracies in the representations or warranties of the other contained in this Agreement; (iii) waive compliance with any of the covenants of the other contained in this Agreement; and (iv) waive or modify performance of any of the obligations of the other. (b) This Agreement may be amended, modified or supplemented only by a written instrument executed by all the Partiesparties hereto. Except as provided in the preceding sentence, no action taken pursuant to this Agreement, including, without limitation, any investigation by or on behalf of any Partyparty, shall be deemed to constitute a waiver by the Party party taking such action of compliance with any representations, warranties, covenants or agreements contained herein. The waiver by any Party party hereto of a breach of any provision of this Agreement shall not operate or be construed as a waiver of any subsequent breach.

Appears in 1 contract

Samples: Asset Purchase Agreement (Comforce Corp)

Waivers and Amendment. (a) Each Party The Company and Xxxx, on the one hand, or the Buyer and COMFORCE, on the other hand may, by written notice to each other Party executed by a properly authorized officerthe other, (i) extend the time for the performance of any of the obligations or other actions of the other; (ii) waive any inaccuracies in the representations or warranties of the other contained in this Agreement; (iii) waive compliance with any of the covenants of the other contained in this Agreement; and (iv) waive or modify performance of any of the obligations of the other. (b) This Agreement may be amended, modified or supplemented only by a written instrument executed by all the Partiesparties hereto. Except as provided in the preceding sentence, no action taken pursuant to this Agreement, including, without limitation, any investigation by or on behalf of any Partyparty, shall be deemed to constitute a waiver by the Party party taking such action of compliance with any representations, warranties, covenants or agreements contained herein. The waiver by any Party party hereto of a breach of any provision of this Agreement shall not operate or be construed as a waiver of any subsequent breach.

Appears in 1 contract

Samples: Subscription Agreement (Comforce Corp)

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Waivers and Amendment. (a) Each Party Seller or Buyer may, by written notice to each the other Party executed by a properly authorized officer, : (i) extend the time for the performance of any of the obligations or other actions of the other; (ii) waive any inaccuracies in the representations or warranties of the other contained in this Agreement; (iii) waive compliance with any of the covenants of the other contained in this Agreement; and or (iv) waive or modify performance of any of the obligations of the other. (b) This Agreement may be amended, modified or supplemented only by a written instrument executed by all both the Partiesparties hereto. Except as provided in the preceding sentence, no action taken pursuant to this Agreement, including, without limitation, any investigation by or on behalf of any Partyeither party, shall be deemed to constitute a waiver by the Party party taking such action of compliance with any representations, warranties, covenants or agreements contained herein. The waiver by any Party party hereto of a breach of any provision of this Agreement shall not operate or be construed as a waiver of any subsequent breach.

Appears in 1 contract

Samples: Stock Purchase Agreement (Sunquest Information Systems Inc)

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