Common use of Cancellation of this Contract Clause in Contracts

Cancellation of this Contract. 8.1 If one of the parties to this Agreement fails to meet the obligations set forth in this Agreement, the other party may urge them to do so and may terminate this Agreement if they do not perform within one month after the notification. 8.2 If the party who canceled this contract in the preceding paragraph suffers damages, it does not prevent the other party from claiming damages.