Common use of No Termination for Breach Clause in Contracts

No Termination for Breach. (a) This Agreement may not be terminated by any Party and, subject to any modified terms that shall become applicable hereunder in the event of the happening of specified events or actions, the rights granted, and obligations imposed, under this Agreement shall continue in full force and effect, notwithstanding any material breach of any term hereof by any party. (b) In the event of a breach of any term of this Agreement by a Party (the “Breaching Party”), the other Party (the “Non-Breaching Party”) may bring any action against the Breaching Party and may seek any and all relief and remedies, including damages (including monetary, punitive or enhanced damages), injunctive relief and equitable relief against the Breaching Party. In the event of an adjudicated material breach by TSI of any term of this Agreement, a court or other tribunal shall award, and TSI agrees to pay, all costs, including court costs and attorneys’ and expert fees, incurred by Reuters in bringing and maintaining such action (including any appeals).

Appears in 4 contracts

Samples: License Agreement, License, Maintenance and Distribution Agreement (Tibco Software Inc), License, Maintenance and Distribution Agreement (Tibco Software Inc)

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