Common use of Continuing Obligations and Remedies During Event of Default Clause in Contracts

Continuing Obligations and Remedies During Event of Default. In the event of the occurrence of any default hereunder (a) neither Party shall be relieved of any of its liabilities or obligations hereunder, unless and until such liabilities and obligations are terminated in accordance with the provisions hereof, and (b) each Party shall have the right to pursue any right or remedy available to it hereunder.

Appears in 2 contracts

Samples: Turnkey Engineering, Procurement and Construction Agreement (Panda Ethanol, Inc.), Turnkey Engineering, Procurement and Construction Agreement (Panda Ethanol, Inc.)

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Continuing Obligations and Remedies During Event of Default. In the event of the occurrence of any default hereunder (a) neither Party shall be relieved of any of its liabilities or obligations hereunder, unless and until such liabilities and obligations are terminated in accordance with the provisions hereof, and (b) each Party shall have the right to pursue any right or remedy available to it it, hereunder.

Appears in 2 contracts

Samples: Construction Agreement (Pacific Ethanol, Inc.), Turnkey Engineering, Procurement and Construction Agreement (Panda Global Holdings Inc)

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Continuing Obligations and Remedies During Event of Default. In the event of the occurrence of any default hereunder (a) neither hereunder: 15.8.1 Neither Party shall be relieved of any of its liabilities or obligations hereunder, unless and until such liabilities and obligations are terminated in accordance with the provisions hereof, and (b) each ; and 15.8.2 Each Party shall have the right to pursue any right or remedy available to it it, hereunder.

Appears in 1 contract

Samples: Turnkey Engineering, Procurement and Construction Agreement (Sunpower Corp)

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