This office lease provision describes the failure of the landlord to seek redress for violation of any covenant or condition of the lease or of any of the rules and regulations set forth, does not prevent a subsequent act which would have originally constituted a violation from having all the force and effect of an original violation.
Arizona Nonwaiver Provisions refer to contractual clauses that are commonly included in agreements to protect the rights of parties involved. These provisions are intended to prevent a party from unintentionally waiving any of its rights or remedies under the contract by engaging in certain actions or behaviors. Nonwaiver provisions are crucial in maintaining the fairness and integrity of contractual relationships in Arizona. There are different types of Arizona Nonwaiver Provisions, including: 1. General Nonwaiver Provision: This provision explicitly states that a party's failure or delay in exercising a right or remedy granted by the contract, or the acceptance of partial performance, does not constitute a waiver of that right or remedy. It ensures that parties can enforce their rights and remedies at a later time without losing them due to initial inaction. 2. Specific Nonwaiver Provision: These provisions are included to address specific rights or remedies that could be inadvertently waived. For example, a contract might contain a specific nonwaiver provision that stipulates that accepting late payments from the other party does not waive the right to demand punctual payments in the future. 3. Waiver in Writing Provision: This provision requires any waiver of rights or remedies to be in writing and signed by the party granting the waiver. It ensures that any waiver is deliberate, clear, and not subject to misinterpretation or inadvertent waiver. 4. Severability Provision: Although not directly a nonwaiver provision, the inclusion of a severability clause in the contract is crucial in preserving the nonwaiver provisions' effectiveness. It states that if any provision of the contract is found to be unenforceable, the remaining provisions will still be valid and enforceable. Arizona Nonwaiver Provisions play a vital role in contractual agreements by ensuring that parties are not unintentionally stripped of their rights or remedies. By including these provisions, both parties get a clear understanding of their respective obligations and entitlements and can confidently exercise their rights when necessary.
