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Common use of Consequences of non-compliance Clause in Contracts

Consequences of non-compliance. In the event of a breach of this clause, the non-breaching Party shall have the right to terminate this Agreement with immediate effect, without any liability for damages or penalties. The non-breaching Party retains its Right to claim for fiscal damages that occur due to such non-compliance.

Appears in 51 contracts

Samples: Sponsorship Agreement, Sponsorship Agreement, Master Service Agreement

Consequences of non-compliance. In the event of a breach of this clause, the non-breaching Party shall have the right to terminate this Agreement with immediate effect, without any liability for damages or penalties. The non-breaching Party retains its Right to claim for fiscal damages that occur due to such non-compliance. The Parties shall indemnify each other against any losses, damages, or expenses incurred as a result of a breach of this clause.

Appears in 9 contracts

Samples: Master Service Agreement, Master Service Agreement, Master Service Agreement