Common use of Rights and Remedies Upon Termination Clause in Contracts

Rights and Remedies Upon Termination. Any Party terminating this Agreement under section 21 shall have the additional right to cure any material breach or default of the Defaulting Party to preserve the Non-Defaulting Party's rights that may be prejudiced Contract No. 97TX-10072 as a result of such material breach or default and exercise and pursue all other rights and remedies available to it under applicable law.

Appears in 2 contracts

Samples: License Agreement (Electric Lightwave Inc), License Agreement (Electric Lightwave Inc)

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Rights and Remedies Upon Termination. Any Party terminating this Agreement under section 21 20 shall have the additional right to cure any material breach or default of the Defaulting Party to preserve the Non-Defaulting Party's rights that may be prejudiced Contract No. 97TX-10072 as a result of such material breach or default and exercise and pursue all other rights and remedies available to it under applicable law.

Appears in 2 contracts

Samples: License Agreement (Electric Lightwave Inc), License Agreement (Electric Lightwave Inc)

Rights and Remedies Upon Termination. Any Party terminating this Agreement under section Section 21 shall have the additional right to cure any material breach or default of the Defaulting Party to preserve the Non-Defaulting Party's rights that may be prejudiced Contract No. 97TX-10072 as a result of such material breach or default and exercise and pursue all other rights and remedies available to it under applicable law.

Appears in 2 contracts

Samples: License Agreement (Electric Lightwave Inc), License Agreement (Electric Lightwave Inc)

Rights and Remedies Upon Termination. Any Party terminating this Agreement under section 21 Section 22 shall have the additional right to cure any material breach or default of the Defaulting Party to preserve the Non-Defaulting Party's rights that may be prejudiced Contract No. 97TX-10072 as a result of such material breach or default and exercise and pursue all other rights and remedies available to it under applicable law.

Appears in 1 contract

Samples: License Agreement (Electric Lightwave Inc)

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Rights and Remedies Upon Termination. Any Party terminating this Agreement under section 21 shall have the additional right to cure any material breach or default of the Defaulting Party to preserve the Non-Defaulting Party's rights that may be prejudiced Contract No. 97TX-10072 as a result of such material breach or default and exercise and pursue all other rights and remedies available to it under applicable law.

Appears in 1 contract

Samples: License Agreement (Electric Lightwave Inc)

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