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• 12.6 No Waiver. No waiver of any breach of any agreement or provision herein <br />contained shall be deemed a waiver of any preceding or succeeding breach thereof or of any <br />other agreement or provision herein contained. No extension of time for performance of any <br />obligations or acts shall be deemed an extension of the time for performance or any other <br />obligations or acts. No failure or delay of either party in the exercise of any right given to such <br />party hereunder shall constitute a waiver hereof unless the time specified herein for exercise of <br />such right has expired, nor shall any single or partial exercise of any right preclude others or <br />further exercise thereof or of any other right. The waiver of any breach hereunder shall not be <br />deemed to be a waiver of any other or any subsequent breach hereof. <br />12.7 Counterparts. This Agreement may be executed in one or more counterparts, each <br />of which shall be deemed to be an original, but all of which, together, shall constitute one and the <br />same instrument. As used in this Agreement "execution of this Agreement" or "full execution of <br />this Agreement" means the execution and delivery of this Agreement by Seller and Purchaser. <br />12.8 Assignment. This Agreement shall not be assigned by Purchaser to any person <br />entity without the advance written consent of Seller, which consent may be withheld in Seller's <br />discretion. At the time of Closing, Purchaser may, with the consent of Seller, request that a <br />nominee take title to the Property. No consent to any assignment or to a conveyance to a <br />nominee shall relieve Purchaser of an obligations arising under this Agreement. <br />12.9 Construing Language. The parties hereby acknowledge that each is a <br />sophisticated Purchaser or Seller of properties and each is represented by counsel and has had the <br />• opportunity to review this Agreement. The covenants and agreements of the parties contained in <br />this Agreement shall not be construed in favor of or against either party, but shall be construed as <br />if both parties drafted this Agreement. <br />12.10 Severability. If any term, covenant, condition or provision of this Agreement, or <br />the application thereof to any person or circumstance, shall ever be held to be invalid or <br />unenforceable, then in each such event the remainder of this Agreement or the application of <br />such term, covenant, condition or provision to any other person or any other circumstance (other <br />than those as to which it shall be invalid or unenforceable) shall not be thereby affected, and each <br />term, covenant, condition and provision hereof shall remain valid and enforceable to the fullest <br />extent permitted by law. <br />1211 Time of the Essence. Time is of the essence of this Agreement. Anywhere a day <br />certain is stated for payment or for performance of any obligation, the day certain so stated enters <br />into and becomes a part of the consideration for this Agreement. If any date set forth in this <br />Agreement shall fall on, or any time period set forth in this Agreement shall expire on, a day <br />which is a Saturday, Sunday, federal or state holiday, or other non -business day, such date shall <br />automatically be extended to, and the expiration of such time period shall automatically be <br />extended to, the next day which is not a Saturday, Sunday, federal or state holiday or other non- <br />business day. The final day of any time period under this Agreement or any deadline under this <br />Agreement shall be the specified day or date, and shall include the period of time through and <br />including such specified day or date. <br />0 <br />