Breach and Dispute Resolution. 8.1 Should any Party (“the guilty party”) commit a breach of this MOU and fail or refuse to rectify that breach within fourteen (14) days after receipt of a written notice from the other Party (the “innocent party”), calling upon the guilty party to rectify that breach, the innocent party shall be entitled, without prejudice to any other of his rights, to forthwith cancel this MOA by written notice to the guilty party and the amount as paid by the Project Sponsor for the Bursary awarded to the Bursary Recipient will be due and payable and recoverable. 8.2 Notwithstanding any provision to the contrary in this MOA, the Project Sponsor shall be entitled to institute any delictual, contractual or other claim against any of the other Parties for any indirect or consequential losses or damages (including without limitation, loss of profit, loss of use, loss of production, loss of business, or loss of business opportunity) due to any cause whatsoever. 8.3 The Parties hereby consent to the jurisdiction of the North High Court of South Africa located in the Gauteng Province for purposes of executing legal disputes and contractual claims against the other party.
Appears in 6 contracts
Samples: Memorandum of Agreement, Memorandum of Agreement, Memorandum of Agreement
