Improve wait for grid script

[baflQA]

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Description

Currently, in case of any errors, the script will run forever.
With this change, it is possible to define the timeout after which the script will exit with an error.

Motivation and Context

Types of changes

• Bug fix (non-breaking change which fixes an issue)
• New feature (non-breaking change which adds functionality)
• Breaking change (fix or feature that would cause existing functionality to change)

Checklist

• I have read the contributing document.
• My change requires a change to the documentation.
• I have updated the documentation accordingly.
• I have added tests to cover my changes.
• All new and existing tests passed.