Common use of Termination Effects Clause in Contracts

Termination Effects. 8.1 Should the Contract be rescinded on the initiative of the REGISTRY due to noncompliance by the REGISTRAR or on the initiative of the latter without just cause, the REGISTRAR shall compensate the REGISTRY, paying the former, in any case, the amount with which the REGISTRAR guarantees fulfilment of its obligations, as specified in section 3.9 of this Contract. If said amount were insufficient to cover the damages derived from said rescission, the REGISTRY may claim any additional damages arising from said rescission.