Common use of General Consequences Clause in Contracts

General Consequences. 12.4.1 Termination pursuant to subparagraph 12.1 or the consequences of default as specified in subparagraphs 12.2 or 12.3 shall not relieve either party of any obligations due to the other under the terms of this Agreement to and including the date of termination or the effective date of any such default. 12.4.2 In no event will default operate to release Grantee or A-55 from any damages, costs and expenses that may be due as a result of such default. 12.4.3 Either of the parties hereto shall have the right to give public notice of any termination or default in such manner and at such times and places as it may deem advisable.

Appears in 3 contracts

Samples: License Agreement (A 55 Inc), License Agreement (A 55 Inc), License Agreement (A 55 Inc)

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General Consequences. 12.4.1 Termination pursuant to subparagraph paragraph 12.1 or the consequences of default as specified in subparagraphs paragraphs 12.2 or 12.3 shall not relieve either party of any obligations due to the other under the terms of this Agreement to and including the date of termination or the effective date Effective Date of any such default. 12.4.2 In no event will default operate to release Grantee or A-55 from any damages, costs and expenses that may be due as a result of such default. 12.4.3 Either of the parties hereto shall have the right to give public notice of any termination or default in such manner and at such times and places as it may deem advisable.

Appears in 1 contract

Samples: License Agreement (A 55 Inc)

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