Common use of Customer Notification Clause in Contracts

Customer Notification. If RECOLORADO exercises its right to terminate the Agreement, it may, in addition to its other legal rights and remedies, notify PARTICIPANT’S vendors of such termination. Such notification will include RECOLORADO’S reason for termination. PARTICIPANT agrees and acknowledges that the notice given to PARTICIPANT’s vendors is necessary to ensure that such vendors remain in compliance with their respective agreement with RECOLORADO. PARTICIPANT hereby forever irrevocably waives any right to object or attempt to prevent or seek damages from RECOLORADO on account of RECOLORADO’s delivery of notice to PARTICIPANT’s vendors under this Section.

Appears in 2 contracts

Samples: Content License Agreement, Content License Agreement

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Customer Notification. If RECOLORADO exercises its right to terminate the AgreementAgreement pursuant to Section 12 above, it may, in addition to its other legal rights and remedies, notify PARTICIPANT’S vendors of such termination. Such notification will include RECOLORADO’S reason for termination. PARTICIPANT agrees and acknowledges that the notice given to PARTICIPANT’s vendors is necessary to ensure that such vendors remain in compliance with their respective agreement with RECOLORADO. PARTICIPANT hereby forever irrevocably waives any right to object or attempt to prevent or seek damages from RECOLORADO on account of RECOLORADO’s delivery of notice to PARTICIPANT’s vendors under this Section.

Appears in 2 contracts

Samples: Content License Agreement, Content License Agreement

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