Sunday, September 30, 2007

Amendment, Modification and Waiver - Draft Caluse

This Agreement may be modified, amended or supplemented only by mutual written agreement of the Parties. Any Party may waive or delay the performances of any condition intended for its benefit. Each amendment, modifications, supplemental or waiver shall be in writing signed by the Part or parties to be charged. Any modification or amendment to the terms of this Agreement shall be valid only if it is reduced to writing and signed by or on behalf of each Party. The failure to exercise or delay in exercising a right or remedy provided by this Agreement or by law shall not constitute a waiver of the right or remedy or a waiver of other rights or remedies. No single or partial exercise of a right or remedy provided by this Agreement prevents further exercise of another right or remedy.


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