Common use of Breaches of Agreement Clause in Contracts

Breaches of Agreement. The Parties expressly understand that both direct and indirect breaches of the provisions of this Agreement are proscribed. Therefore, the Settling Claimants, PG&E Corporation, their respective Releasors, and Edison International, on the one hand, and the El Paso Releasors, on the other hand, covenant that each will not institute or prosecute, against the other or their respective Releasees any action or other proceeding based in whole or in part upon their respective Claims released by this Agreement, except as expressly permitted in Paragraph 5 of this Agreement.

Appears in 4 contracts

Samples: Master Settlement Agreement, Settlement Agreement, Settlement Agreement (El Paso Natural Gas Co)

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