Common use of Rights and Remedies of Contractor Clause in Contracts

Rights and Remedies of Contractor. Inasmuch as the Contractor can be adequately compensated by money damages for any breach of this Contract, which may be committed by SMART, the Contractor expressly agrees that no default, act or omission of SMART shall constitute a material breach of this Contract, entitling Contractor to cancel or rescind the Contract (unless SMART directs Contractor to do so) or to suspend or abandon performance.

Appears in 3 contracts

Samples: Agreement for Consultant Services, Sample Agreement for Services, Agreement for Consultant Services

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Rights and Remedies of Contractor. Inasmuch as the Contractor can be adequately compensated by money damages for any breach of this ContractPurchase Order, which may be committed by SMART, the Contractor expressly agrees that no default, act or omission of SMART shall constitute a material breach of this ContractPurchase Order, entitling Contractor to cancel or rescind the Contract Purchase Order (unless SMART directs Contractor to do so) or to suspend or abandon performance.

Appears in 2 contracts

Samples: Standard Terms and Conditions, Standard Terms and Conditions

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