Common use of Remedies upon Default by Agency Clause in Contracts

Remedies upon Default by Agency. If an Event of Default by Agency occurs, Contractor may, without a waiver of other remedies which exist in law or equity, exercise any remedies available at law or in equity or other appropriate proceedings including bringing an action or actions from time to time for recovery of amounts due and unpaid by Agency, and/or for damages which shall include all costs and expenses reasonably incurred in exercise of its remedy.

Remedies upon Default by Agency. If an Event of Default by Agency occurs, Contractor Company may, without a waiver of other remedies which exist in law or equity, exercise any all remedies available at law or in equity or other appropriate proceedings including bringing an action or actions from time to time for recovery of amounts due and unpaid by Agency, and/or for damages which shall include all costs and expenses reasonably incurred in exercise of its remedy.