Rights in Event of Default. In the Event of Default under this Section 11, and in addition to all other remedies available in law or equity, the nondefaulting party, if not itself in default, shall be entitled to terminate this Agreement, at its sole and exclusive election, upon written notice to the other party, and all rights and obligations hereunder shall cease as of such notice date, except the rights and obligations set forth in Section 12 of this Agreement shall survive such termination for claims arising from acts or omissions occurring during the time this Agreement was in full force and effect.
Appears in 4 contracts
Samples: Time Brokerage and Option Agreement (Vision Broadcast Network, Inc.), Time Brokerage and Option Agreement (Vision Broadcast Network, Inc.), Time Brokerage and Option Agreement (Vision Broadcast Network, Inc.)
