Limitation Clause Example with 9 Variations from Business Contracts

This page contains Limitation clauses in business contracts and legal agreements. An example clause is provided at the top of the page, followed by clauses with minor variations. You can view the text differences by selecting the "Show Differences" option.
Limitation. The amendments set forth in this Amendment shall be limited precisely as written and shall not be deemed (a) to be a waiver or modification of any other term or condition of the Loan Agreement or of any other instrument or agreement referred to therein or to prejudice any right or remedy which Lender may now have or may have in the future under or in connection with the Loan Agreement or any instrument or agreement referred to therein; or (b) to be a consent to any future amendment or modificati...on or waiver to any instrument or agreement the execution and delivery of which is consented to hereby, or to any waiver of any of the provisions thereof. Except as expressly amended hereby, the Loan Agreement shall continue in full force and effect. View More Arrow

Variations of a "Limitation" Clause from Business Contracts

Limitation. The amendments set forth in this Amendment shall be limited precisely as written and shall not be deemed (a) to be a waiver or modification of any other term or condition of the Loan Agreement or of any other instrument or agreement referred to therein or to prejudice any right or remedy which Lender may now have or may have in the future under or in connection with the Loan Agreement (as amended hereby) or any instrument or agreement referred to therein; or (b) to be a consent to any future ame...ndment or modification or waiver to any instrument or agreement the execution and delivery of which is consented to hereby, or to any waiver of any of the provisions thereof. Except as expressly amended hereby, the Loan Agreement shall continue in full force and effect. 3 5. EFFECTIVENESS. This Amendment shall become effective upon the satisfaction of all the following conditions precedent: 5.1 Performance Milestone. (i) No default or Event of Default shall have occurred and be continuing, and (ii) Borrower shall have received positive data for both ARX-04 phase 3 studies (i.e., SAP302 and SAP303) on or prior to September 30, 2016 (it being understood and agreed by Borrower and Lender that the condition precedent set forth in this Section 5.1(ii) has been satisfied). 5.2 Amendments. Borrower and Lender shall have duly executed and delivered this Amendment to Lender, together with the 2016 Warrant Amendments and a certified copy of resolutions of Borrower's board of directors evidencing the approval of this Amendment, the 2016 Warrant Amendments and the transactions evidenced thereby. 5.3 Payment of Non-Renewable Facility Fee. Borrower shall have paid to Collateral Agent on behalf of Lenders the Third Amendment Facility Fee. 5.4 Payment of Lender Expenses. Borrower shall have paid all Lender Expenses (including all reasonable attorneys' fees and reasonable expenses) incurred through the date of this Amendment. View More Arrow
Limitation. The amendments set forth in this First Amendment shall be limited precisely as written and shall not be deemed (a) to be a waiver or modification of any other term or condition of the Loan Agreement or of any other instrument or agreement referred to therein or to prejudice any right or remedy which Agent or Lender may now have or may have in the future under or in connection with the Loan Agreement (as amended hereby) or any instrument or agreement referred to therein; or (b) to be a consent to... any future amendment or modification or waiver to any instrument or agreement the execution and delivery of which is consented to hereby, or to any waiver of any of the provisions thereof. Except as expressly amended hereby, the Loan Agreement shall continue in full force and effect. 2 4. EFFECTIVENESS. This First Amendment shall become effective upon the satisfaction of all the following conditions: 4.1 Amendments. Borrower, Agent and Lender shall have duly executed and delivered this First Amendment to Agent. 4.2 Payment of Agent and Lender Expenses. Borrower shall have paid (a) an amendment fee of $37,500.00, which fee is due to Lender on or prior to the First Amendment Date and shall be deemed fully earned on such date, and (b) to the extent invoiced on or before the First Amendment Date, all of Agent's and Lender's fees and expenses (including all reasonable attorneys' fees and reasonable expenses) then due and payable by Borrower pursuant to the Loan Agreement. View More Arrow
Limitation. The amendments set forth in Section 1 of this Fourth Amendment shall be limited precisely as written and shall not be deemed (a) to be a waiver waiver, amendment or modification of any other term or condition of the Loan Agreement or Credit Agreement, of any other instrument or agreement referred to therein therein, or of any other Loan Document, (b) to be an agreement to forbear with respect to any breach or Event of Default, (c) to prejudice any right or remedy which Lender one or more of the ...Administrative Agent and the Lenders may now have or may have in the future under or in connection with the Loan Agreement Documents or any instrument or agreement referred to therein; therein, or (b) (d) to be a consent to any future amendment or modification amendment, modification, or waiver to of any instrument Loan Document, or agreement the execution and delivery of which is consented to hereby, or to any waiver of any of the provisions thereof. Except as expressly amended or waived hereby, nothing in this Fourth Amendment shall, or shall be construed to, modify, impair, or affect any of the covenants, agreements, terms, or conditions of the Credit Agreement or any other Loan Agreement Document all of which shall continue remain in full force and effect. effect in accordance with their respective terms. View More Arrow
Limitation. 3.1 The amendments set forth in this Amendment Sections 1 and 2 hereof are effective only for the purposes set forth herein and shall be limited precisely as written and shall not be deemed (a) to be a forbearance, waiver or modification of any other term or condition of the Loan Agreement or of any other instrument or agreement referred to therein or to prejudice any right or remedy which Lender Bank may now have or may have in the future under or in connection with the Loan Agreement or any in...strument or agreement referred to therein; or (b) to be a consent to any future amendment or modification modification, forbearance or waiver to any instrument or agreement the execution and delivery of which is consented to hereby, or to any waiver of any of the provisions thereof. Except thereof; or (c) to limit or impair Bank's right to demand strict performance of all terms and covenants as expressly amended hereby, of any date. 3.2 This Amendment shall be construed in connection with and as part of the Loan Agreement Documents and all terms, conditions, representations, warranties, covenants and agreements set forth in the Loan Documents are hereby ratified and confirmed and shall continue remain in full force and effect. View More Arrow
Limitation. The amendments set forth in this Amendment shall be limited precisely as written and shall not be deemed (a) to be a waiver or modification of any other term or condition of the Loan Cooperation Agreement and Amendment No.1 or of any other instrument or agreement referred to therein or to prejudice any right or remedy which Lender the parties may now have or may have in the future under or in connection with the Loan Cooperation Agreement and Amendment No.1 or any instrument or agreement referre...d to therein; or (b) to be a consent to any future amendment or modification or waiver to any instrument or agreement the execution and delivery of which is consented to hereby, or to any waiver of any of the provisions thereof. Except as expressly amended hereby, the Loan Cooperation Agreement and Amendment No.1 shall continue in full force and effect. effect.3.COUNTERPARTS. This Amendment may be signed originally INTEGRATION. View More Arrow
Limitation. The amendments amendment set forth in this Amendment Section 1 shall be limited precisely as written and shall not be deemed bedeemed (a) to be a forbearance, waiver or modification of any other term or condition of the Loan Agreement or of any other instrument or agreement referred to therein or to prejudice any right or remedy which Lender Bank may now have or may have in the future under or in connection with the Loan Agreement or any instrument or agreement referred to therein; or (b) to be ...a consent to any future amendment consent or modification modification, forbearance or waiver to any instrument or agreement the execution and delivery of which is consented to hereby, or to any waiver of any of the provisions thereof. Except thereof; or (c) to limit or impair Bank's right to demand strict performance of all terms and covenants as expressly amended hereby, the Loan Agreement shall continue in full force and effect. of any date. View More Arrow
Limitation. The amendments set forth in this Amendment shall be limited precisely as written and shall not be deemed (a) to be a waiver or modification of any other term or condition of the Loan Agreement or of any other instrument or agreement referred to therein or to prejudice any right or remedy which Agent or Lender may now have or may have in the future under or in connection with the Loan Agreement (as amended hereby) or any instrument or agreement referred to therein; or (b) to be a consent to any f...uture amendment or modification or waiver to any instrument or agreement the execution and delivery of which is consented to hereby, or to any waiver of any of the provisions thereof. Except as expressly amended hereby, the Loan Agreement shall continue in full force and effect. 2 4. RESERVED 5. EFFECTIVENESS. This Amendment shall become effective upon the satisfaction of all the following condition precedent: 5.1 Amendment. Borrower, Agent and Lender shall have duly executed and delivered this Amendment to each other. 5.2 Payment of Lender Expenses. Borrower shall have paid all Lender expenses (including all reasonable attorneys' fees and reasonable expenses) incurred through the date of this Amendment. View More Arrow
Limitation. The amendments set forth in this Amendment shall be limited precisely as written and shall not be deemed (a) to be a forbearance, waiver or modification of any other term or condition of the Loan Agreement or of any other instrument or agreement referred to therein or to prejudice any right or remedy which Lender Bank may now have or may have in the future under or in connection with the Loan Agreement or any instrument or agreement referred to therein; or (b) to be a consent to any future amend...ment or modification modification, forbearance or waiver to any instrument or agreement the execution and delivery of which is consented to hereby, or to any waiver of any of the provisions thereof. thereof; or (c) to limit or impair Bank's right to demand strict performance of all terms and covenants as of any date. Except as expressly amended hereby, the Loan Agreement shall continue in full force and effect. View More Arrow
Limitation. The amendments set forth in this First Amendment shall be limited precisely as written and shall not be deemed (a) to be a waiver or modification of any other term or condition of the Loan Agreement or of any other instrument or agreement referred to therein or to prejudice any right or remedy which Agent or Lender may now have or may have in the future under or in connection with the Loan Agreement (as amended hereby) or any instrument or agreement referred to therein; or (b) to be a consent to... any future amendment or modification or waiver to any instrument or agreement the execution and delivery of which is consented to hereby, or to any waiver of any of the provisions thereof. Except as expressly amended hereby, the Loan Agreement shall continue in full force and effect. View More Arrow