Common use of General Provisions Regarding Termination Clause in Contracts

General Provisions Regarding Termination. (a) Termination of this Contract shall be without prejudice to any right or remedy of either party against the other accruing or accrued prior to such termination including any right to claim damages for any antecedent breach of this Contract or accruing after termination in respect of those clauses referred to in clause (c) and any right to claim damages or other relief in relation thereto. (b) The rights of either party in respect of termination are in addition and without prejudice to any right which that party may have to obtain redress or relief available at law (whether by way of damages, specific performance or otherwise) in respect of a Sponsor Default or TTL Default (as applicable) provided that a party shall not be entitled to recover twice in respect of the same loss. (c) Termination of this Contract shall not affect the continuing rights and obligations of the parties under any clause which is expressed to survive termination or which is required to give effect to such termination or the consequences of such termination. Without prejudice to the generality of the foregoing the Surviving Clauses shall remain in full force and effect notwithstanding termination. (d) Neither party shall be entitled to terminate this Contract except as expressly set out in this Contract.

Appears in 2 contracts

Samples: Sponsorship Agreement, Sponsorship Agreement

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General Provisions Regarding Termination. β€Œ (a) Termination of this Contract shall be without prejudice to any right or remedy of either party against the other accruing or accrued prior to such termination including any right to claim damages for any antecedent breach of this Contract or accruing after termination in respect of those clauses referred to in clause (c14.5(c) and any right to claim damages or other relief in relation thereto. (b) The rights of either party in respect of termination are in addition and without prejudice to any right which that party may have to obtain redress or relief available at law (whether by way of damages, specific performance or otherwise) in respect of a Sponsor Default or TTL DLR Default (as applicable) provided that a party shall not be entitled to recover twice in respect of the same loss. (c) Termination of this Contract shall not affect the continuing rights and obligations of the parties under any clause which is expressed to survive termination or which is required to give effect to such termination or the consequences of such termination. Without prejudice to the generality of the foregoing the Surviving Clauses shall remain in full force and effect notwithstanding termination. (d) Neither party shall be entitled to terminate this Contract except as expressly set out in this Contract.

Appears in 1 contract

Samples: Sponsorship Agreement

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General Provisions Regarding Termination. (a) Termination of this Contract shall be without prejudice to any right or remedy of either party against the other accruing or accrued prior to such termination including any right to claim damages for any antecedent breach of this Contract or accruing after termination in respect of those clauses referred to in clause (c14.5(c) and any right to claim damages or other relief in relation thereto. (b) The rights of either party in respect of termination are in addition and without prejudice to any right which that party may have to obtain redress or relief available at law (whether by way of damages, specific performance or otherwise) in respect of a Sponsor Default or TTL DLR Default (as applicable) provided that a party shall not be entitled to recover twice in respect of the same loss. (c) Termination of this Contract shall not affect the continuing rights and obligations of the parties under any clause which is expressed to survive termination or which is required to give effect to such termination or the consequences of such termination. Without prejudice to the generality of the foregoing the Surviving Clauses shall remain in full force and effect notwithstanding termination. (d) Neither party shall be entitled to terminate this Contract except as expressly set out in this Contract.

Appears in 1 contract

Samples: Sponsorship Agreement

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