No Rescission. The provisions of this Agreement, including the license rights provided in this Article III, shall not be terminable or revocable for any reason. In the event of any breach of this Agreement, the sole remedy of the non-breaching Party will be to seek monetary damages or equitable relief, including specific performance, as provided in Article VII, that does not involve a rescission or termination of any of the provisions of this Agreement (including the license rights provided in this Article III), and each Party irrevocably waives the right to seek any termination or rescission of any such provisions or rights.
Appears in 7 contracts
Samples: Intellectual Property Agreement (Raytheon Technologies Corp), Intellectual Property Agreement (Carrier Global Corp), Intellectual Property Agreement (Otis Worldwide Corp)
