Rights and remedies clause: Copy, customize, and use instantly
Introduction
A rights and remedies clause outlines the entitlements and courses of action available to parties in the event of a breach or default under the agreement. It ensures clarity on what each party may do to enforce the terms of the contract or seek relief, providing a framework for addressing disputes or non-performance.
Below are templates for rights and remedies clauses tailored to different scenarios. Copy, customize, and insert them into your agreement.
Rights and remedies for non-payment
This variation provides remedies for the non-payment of amounts due under the agreement.
If the counterparty fails to make any payment when due under this Agreement, the aggrieved party may charge interest on the overdue amount at a rate of [specified percentage]% per annum and may suspend its obligations under this Agreement until payment is received in full.
Rights and remedies for breach of confidentiality
This variation applies when a breach of confidentiality occurs.
In the event of a breach of the confidentiality provisions in this Agreement, the non-breaching party shall have the right to seek injunctive relief, damages, or both, and may terminate this Agreement upon written notice to the breaching party.
Rights and remedies for late performance
This variation outlines remedies for delays in performance.
If a party fails to perform any obligation within the time specified in this Agreement, the other party may impose liquidated damages of [specified amount] per day of delay, without prejudice to any other remedies available under this Agreement.
Rights and remedies for material breach
This variation defines remedies for a material breach of the agreement.
In the event of a material breach by either party, the non-breaching party may terminate this Agreement upon [specified period] written notice and seek damages or specific performance, as appropriate.
Rights and remedies for intellectual property infringement
This variation applies to instances of intellectual property infringement.
If the counterparty infringes on any intellectual property rights under this Agreement, the aggrieved party may pursue damages, seek injunctive relief, or terminate this Agreement with immediate effect.
Rights and remedies for default under warranties
This variation provides remedies for breaches of warranties.
If any warranty made under this Agreement is found to be false or misleading, the non-breaching party may require the breaching party to rectify the breach within [specified time frame] or terminate this Agreement and claim damages.
Rights and remedies for failure to meet milestones
This variation addresses the failure to meet agreed milestones.
If any milestone under this Agreement is not achieved within the agreed time frame, the aggrieved party may withhold further payments until compliance is achieved or terminate this Agreement after providing [specified notice period].
Rights and remedies for insolvency
This variation applies when a party becomes insolvent.
If either party becomes insolvent or files for bankruptcy, the other party may terminate this Agreement with immediate effect and claim any damages arising from the termination.
Rights and remedies for breach of non-compete obligations
This variation outlines remedies for violating non-compete obligations.
In the event of a breach of the non-compete obligations under this Agreement, the non-breaching party may seek injunctive relief, recover damages, or both, to mitigate the harm caused by such breach.
Rights and remedies for defective goods or services
This variation applies when goods or services provided are defective.
If any goods or services provided under this Agreement are found to be defective, the aggrieved party may require the supplier to replace or repair the defective goods or re-perform the services at no additional cost within [specified time frame].
Rights and remedies for force majeure events
This variation addresses remedies for non-performance due to force majeure events.
In the event of a force majeure event, the affected party shall not be held liable for non-performance, provided that it notifies the other party within [specified time frame] and takes all reasonable steps to mitigate the impact of the event.
Rights and remedies for failure to transfer ownership
This variation applies when ownership is not transferred as agreed.
If the transfer of ownership is not completed as required under this Agreement, the aggrieved party may withhold further obligations and seek damages or specific performance to enforce the transfer.
Rights and remedies for breach of exclusivity
This variation outlines remedies for violating exclusivity terms.
If either party breaches the exclusivity provisions of this Agreement, the non-breaching party may terminate the exclusivity arrangement, seek damages, or both, to address the harm caused.
Rights and remedies for unauthorized disclosure
This variation applies to remedies for unauthorized disclosures.
In the event of an unauthorized disclosure of confidential information, the disclosing party may seek injunctive relief, damages, or both, and require the recipient to take immediate corrective action.
Rights and remedies for regulatory non-compliance
This variation provides remedies for failing to comply with regulatory obligations.
If a party is found to be in breach of any regulatory obligations under this Agreement, the other party may suspend its obligations and claim damages, including any fines or penalties incurred as a result of the breach.
Rights and remedies for failure to deliver
This variation applies when goods or services are not delivered as required.
If the supplier fails to deliver the goods or services as required under this Agreement, the buyer may procure similar goods or services from an alternative supplier and recover any additional costs incurred.
Rights and remedies for misrepresentation
This variation provides remedies for misrepresentation of facts.
If either party is found to have misrepresented any material facts under this Agreement, the aggrieved party may terminate this Agreement and seek damages for any losses incurred.
Rights and remedies for termination without cause
This variation addresses remedies for wrongful termination.
If a party terminates this Agreement without cause, the other party may recover any direct losses incurred as a result of the termination, including lost profits and reimbursement for expenses.
Rights and remedies for indemnification claims
This variation applies to remedies under indemnification provisions.
If an indemnification claim arises under this Agreement, the indemnifying party shall promptly reimburse all costs, damages, and losses incurred by the indemnified party, as specified in the indemnification clause.
Rights and remedies for delayed payments
This variation addresses remedies for late payments under the agreement.
If any payment due under this Agreement is delayed beyond [specified time frame], the aggrieved party may charge a late payment fee of [specified percentage]% of the overdue amount per day until payment is received.
Rights and remedies for non-delivery of goods
This variation applies when goods are not delivered as per the terms.
If the supplier fails to deliver the goods as agreed, the buyer may terminate the order, procure replacement goods from another supplier, and recover any additional costs incurred from the supplier.
Rights and remedies for unauthorized use of intellectual property
This variation applies to the misuse of intellectual property rights.
If any party uses the other party’s intellectual property without authorization, the aggrieved party may seek injunctive relief, claim damages, and demand the immediate cessation of the unauthorized use.
Rights and remedies for breach of service-level agreements
This variation applies when agreed service levels are not met.
If the service provider fails to meet the performance standards outlined in this Agreement, the recipient may impose penalties or withhold payment until the agreed standards are achieved.
Rights and remedies for data breaches
This variation provides remedies in the event of a data breach.
If a party is responsible for a data breach that compromises confidential information, the aggrieved party may seek damages, require remedial actions, and terminate this Agreement upon written notice.
Rights and remedies for failure to comply with timelines
This variation addresses non-compliance with specified timelines.
If a party fails to perform any obligation within the agreed timeline, the other party may impose liquidated damages of [specified amount] per day of delay and reserve the right to terminate the Agreement if delays persist.
Rights and remedies for breach of licensing terms
This variation applies to violations of licensing provisions.
In the event of a breach of licensing terms, the licensor may revoke the license, demand immediate cessation of use, and claim damages for any unauthorized use.
Rights and remedies for fraudulent activities
This variation provides remedies in case of fraud by a party.
If a party is found to have engaged in fraudulent activities, the other party may terminate this Agreement immediately, claim damages, and pursue legal action for recovery of losses.
Rights and remedies for failure to procure insurance
This variation applies when a party fails to obtain required insurance coverage.
If a party fails to procure the insurance coverage specified in this Agreement, the other party may obtain such coverage at the breaching party’s expense and recover the costs incurred.
Rights and remedies for refusal to perform obligations
This variation addresses a party’s refusal to perform contractual obligations.
If a party refuses to perform any material obligation under this Agreement, the aggrieved party may terminate this Agreement, seek damages, and pursue specific performance of the obligation.
Rights and remedies for unauthorized subcontracts
This variation applies when subcontracts are entered into without prior approval.
If a party enters into unauthorized subcontracts under this Agreement, the other party may require the termination of such subcontracts, claim damages, or terminate this Agreement.
Rights and remedies for withdrawal of warranties
This variation provides remedies when warranties are withdrawn or unfulfilled.
If any warranty provided under this Agreement is withdrawn or not fulfilled, the other party may demand rectification, claim damages, or terminate the Agreement upon [specified notice period].
Rights and remedies for non-renewal of licenses
This variation applies when a party fails to renew required licenses.
If a party fails to renew any license necessary for the performance of its obligations, the other party may suspend its obligations, claim damages, and terminate the Agreement if the failure is not rectified within [specified time frame].
Rights and remedies for unauthorized assignment
This variation applies when rights are assigned without consent.
If a party assigns its rights or obligations under this Agreement without prior written consent, the other party may void the assignment, seek damages, or terminate this Agreement.
Rights and remedies for breach of compliance requirements
This variation addresses non-compliance with applicable laws or regulations.
If a party fails to comply with applicable legal or regulatory requirements, the other party may suspend its obligations, claim damages, or terminate this Agreement immediately.
Rights and remedies for partial performance
This variation applies when only partial performance of obligations is provided.
If a party delivers only partial performance of its obligations, the other party may withhold payment for the undelivered portion, seek damages, or terminate this Agreement if performance is not completed within [specified time frame].
Rights and remedies for breach of exclusivity arrangements
This variation provides remedies when exclusivity arrangements are violated.
If a party breaches the exclusivity provisions, the other party may terminate this Agreement, claim damages for lost opportunities, and seek injunctive relief to prevent further breaches.
Rights and remedies for breach of non-disparagement obligations
This variation applies when a party breaches non-disparagement obligations.
If a party breaches its non-disparagement obligations, the other party may claim damages, demand an immediate public retraction, and seek injunctive relief to prevent further breaches.
Rights and remedies for failure to deliver final deliverables
This variation addresses remedies when final deliverables are not provided.
If a party fails to deliver the final deliverables as agreed, the other party may withhold final payment, claim damages, and terminate this Agreement if the failure persists.
Rights and remedies for breach of partnership terms
This variation applies when a party breaches terms specific to a partnership agreement.
If a party breaches the partnership terms under this Agreement, the non-breaching party may terminate the partnership, claim damages, and seek an equitable accounting of profits earned through the breach.
Rights and remedies for failure to provide access
This variation addresses situations where one party fails to provide agreed access.
If a party fails to provide access to premises, systems, or resources as required under this Agreement, the other party may suspend its obligations, claim damages, and terminate this Agreement if access is not granted within [specified time frame].
Rights and remedies for improper termination
This variation applies when one party improperly terminates the agreement.
If a party improperly terminates this Agreement, the other party may recover damages for lost revenue, expenses incurred, and costs associated with reinstating the Agreement or finding alternative arrangements.
Rights and remedies for misuse of confidential information
This variation addresses the misuse of confidential information by a party.
If a party misuses confidential information disclosed under this Agreement, the disclosing party may seek injunctive relief, claim damages, and require the immediate return or destruction of all disclosed information.
Rights and remedies for unauthorized modifications
This variation applies when one party makes unauthorized modifications to deliverables.
If a party makes unauthorized modifications to any deliverables under this Agreement, the other party may require immediate restoration to the original state, claim damages, and terminate this Agreement if necessary.
Rights and remedies for breach of indemnification obligations
This variation addresses non-compliance with indemnification provisions.
If a party fails to fulfill its indemnification obligations under this Agreement, the aggrieved party may claim damages, recover all costs and expenses incurred, and seek specific performance of the indemnification.
Rights and remedies for non-compliance with quality standards
This variation applies when agreed quality standards are not met.
If any goods or services fail to meet the quality standards specified in this Agreement, the buyer may reject the goods or services, require re-performance, and claim damages for any additional costs incurred.
Rights and remedies for failure to obtain approvals
This variation addresses the failure to obtain required approvals for performance.
If a party fails to secure necessary approvals as required under this Agreement, the other party may suspend its obligations, claim damages, and terminate this Agreement if the failure is not remedied within [specified time frame].
Rights and remedies for anticipatory breach
This variation applies when a party indicates an intention to breach the agreement.
If a party indicates an intention not to fulfill its obligations under this Agreement, the other party may treat this as an anticipatory breach, terminate the Agreement immediately, and seek damages.
Rights and remedies for misuse of trade secrets
This variation addresses the misuse of trade secrets protected under the agreement.
If a party misuses trade secrets disclosed under this Agreement, the aggrieved party may seek injunctive relief, claim damages, and require the immediate cessation of the unauthorized use.
Rights and remedies for unauthorized termination of licenses
This variation applies when a license is terminated without proper authorization.
If a license granted under this Agreement is terminated without proper authorization, the licensee may seek specific performance, claim damages, and request an injunction to prevent further interference.
Rights and remedies for late reporting
This variation addresses delays in providing required reports or updates.
If a party fails to provide required reports or updates within the agreed timeline, the other party may withhold further obligations, claim damages, and terminate the Agreement if the delay persists.
Rights and remedies for breach of non-solicitation obligations
This variation applies when a party violates non-solicitation terms.
If a party breaches the non-solicitation provisions under this Agreement, the aggrieved party may claim damages, seek injunctive relief, and terminate the Agreement with immediate effect.
Rights and remedies for unauthorized advertising
This variation addresses remedies for unauthorized advertising or use of branding.
If a party engages in unauthorized advertising or use of branding, the other party may seek injunctive relief, claim damages, and demand the immediate cessation of such activities.
Rights and remedies for failure to meet financial covenants
This variation applies when financial covenants specified in the agreement are not met.
If a party fails to meet financial covenants under this Agreement, the other party may suspend obligations, claim damages, and terminate the Agreement after providing written notice.
Rights and remedies for unauthorized disclosure of pricing terms
This variation addresses unauthorized disclosure of pricing information.
If a party discloses pricing terms without authorization, the other party may seek damages, require the immediate cessation of the disclosure, and terminate the Agreement if necessary.
Rights and remedies for overcharging
This variation applies when a party charges amounts exceeding agreed rates.
If a party charges amounts exceeding those agreed in this Agreement, the other party may claim a refund of the overcharged amounts, seek damages, and terminate the Agreement if overcharging continues.
Rights and remedies for failure to provide timely notices
This variation addresses the failure to provide required notices under the agreement.
If a party fails to provide timely notices as required under this Agreement, the other party may claim damages for resulting losses and terminate the Agreement if the failure significantly impacts performance.
Rights and remedies for breach of anti-corruption obligations
This variation applies when a party violates anti-corruption provisions.
If a party breaches anti-corruption obligations under this Agreement, the other party may terminate this Agreement immediately, claim damages, and report the breach to relevant authorities.
Rights and remedies for unauthorized delegation
This variation addresses remedies when obligations are improperly delegated to third parties.
If a party delegates its obligations to a third party without prior authorization, the other party may void the delegation, claim damages, and terminate this Agreement if necessary.
Rights and remedies for breach of environmental obligations
This variation applies when a party violates environmental commitments under the agreement.
If a party breaches its environmental obligations under this Agreement, the other party may suspend its obligations, claim damages, and terminate this Agreement with immediate effect if the breach is not rectified within [specified time frame].
Rights and remedies for failure to provide training
This variation addresses the failure to deliver training specified in the agreement.
If the service provider fails to deliver the required training sessions as agreed, the recipient may withhold payment for the undelivered portion, claim damages, and terminate this Agreement if performance is not rectified.
Rights and remedies for improper use of funds
This variation applies when a party misuses allocated funds.
If funds allocated under this Agreement are used improperly, the aggrieved party may demand repayment, claim damages, and terminate this Agreement if the misuse is not resolved within [specified time frame].
Rights and remedies for failure to maintain records
This variation addresses non-compliance with record-keeping requirements.
If a party fails to maintain records as required under this Agreement, the other party may claim damages, require immediate compliance, and terminate this Agreement if the breach is not remedied.
Rights and remedies for failure to secure intellectual property rights
This variation applies when a party fails to secure agreed intellectual property rights.
If a party fails to secure intellectual property rights as stipulated in this Agreement, the other party may claim damages, require corrective actions, and terminate the Agreement if the failure persists.
Rights and remedies for unapproved changes to deliverables
This variation addresses unapproved alterations to deliverables.
If a party makes changes to deliverables without prior approval, the other party may reject the deliverables, claim damages, and demand compliance with the original specifications.
Rights and remedies for breach of payment schedules
This variation applies when payment schedules are not adhered to.
If a party fails to adhere to the agreed payment schedule, the other party may impose penalties, claim damages, and suspend its obligations until the breach is remedied.
Rights and remedies for unauthorized subcontracting
This variation addresses unauthorized subcontracting of obligations.
If a party engages subcontractors without prior approval, the other party may void the subcontract, claim damages, and terminate the Agreement if necessary.
Rights and remedies for breach of privacy obligations
This variation applies when privacy-related terms are violated.
If a party breaches privacy obligations under this Agreement, the other party may claim damages, seek injunctive relief, and terminate this Agreement with immediate effect.
Rights and remedies for withdrawal of key personnel
This variation addresses the withdrawal of key personnel critical to the agreement.
If key personnel are withdrawn without prior approval, the other party may demand replacement within [specified time frame], claim damages, and terminate the Agreement if a suitable replacement is not provided.
Rights and remedies for failure to meet delivery milestones
This variation applies when agreed delivery milestones are not met.
If delivery milestones are not met, the other party may withhold payments, claim damages for delays, and terminate this Agreement if milestones are not achieved within [specified time frame].
Rights and remedies for misuse of branding materials
This variation addresses unauthorized use of branding or logos.
If a party misuses branding or logos in violation of this Agreement, the other party may claim damages, demand cessation of use, and terminate the Agreement if misuse continues.
Rights and remedies for failure to provide warranties
This variation applies when a party fails to provide agreed warranties.
If a party fails to deliver warranties as stipulated, the other party may claim damages, require immediate compliance, and terminate this Agreement if the breach is not resolved.
Rights and remedies for conflicts of interest
This variation addresses conflicts of interest that violate agreement terms.
If a conflict of interest arises that violates this Agreement, the other party may demand corrective actions, claim damages, and terminate this Agreement if the conflict is not resolved.
Rights and remedies for breach of dispute resolution provisions
This variation applies when a party fails to adhere to agreed dispute resolution procedures.
If a party fails to comply with dispute resolution procedures, the other party may seek specific performance, claim damages, and terminate this Agreement if necessary.
Rights and remedies for failure to meet sustainability requirements
This variation addresses non-compliance with sustainability commitments.
If a party fails to meet sustainability requirements under this Agreement, the other party may suspend its obligations, claim damages, and terminate this Agreement with immediate effect.
Rights and remedies for failure to comply with export controls
This variation applies when export control regulations are violated.
If a party violates export control obligations under this Agreement, the other party may suspend performance, claim damages, and terminate the Agreement if the breach is not rectified within [specified time frame].
Rights and remedies for overutilization of resources
This variation addresses excessive use of allocated resources.
If a party overutilizes resources beyond agreed limits, the other party may claim damages, require restitution, and terminate this Agreement if the overutilization is not corrected.
Rights and remedies for withdrawal of commitments
This variation applies when a party withdraws commitments critical to performance.
If a party withdraws commitments necessary for the execution of this Agreement, the other party may claim damages, suspend performance, and terminate this Agreement if the commitments are not reinstated.
Rights and remedies for misuse of project funds
This variation addresses the improper use of funds allocated for projects under the agreement.
If a party misuses project funds allocated under this Agreement, the other party may demand repayment, claim damages, and terminate this Agreement if misuse is not rectified.
Rights and remedies for breach of ethical standards
This variation applies when a party fails to adhere to ethical standards outlined in the agreement.
If a party breaches the ethical standards specified in this Agreement, the other party may claim damages, demand corrective actions, and terminate the Agreement if the breach is not resolved within [specified time frame].
Rights and remedies for misuse of proprietary software
This variation addresses unauthorized use of proprietary software under the agreement.
If a party misuses proprietary software provided under this Agreement, the other party may seek injunctive relief, claim damages, and demand the immediate cessation of such use.
Rights and remedies for failure to submit deliverables on time
This variation applies when agreed deliverables are not submitted by the deadline.
If a party fails to deliver the agreed deliverables on time, the other party may withhold payments, impose penalties, and terminate the Agreement if the delay exceeds [specified time frame].
Rights and remedies for non-compliance with safety requirements
This variation addresses the failure to meet safety standards under the agreement.
If a party fails to comply with safety requirements specified in this Agreement, the other party may suspend performance, claim damages, and terminate this Agreement immediately.
Rights and remedies for unauthorized access to systems
This variation applies when a party gains unauthorized access to systems or data.
If a party gains unauthorized access to the other party’s systems or data, the aggrieved party may seek injunctive relief, claim damages, and terminate this Agreement with immediate effect.
Rights and remedies for breach of good faith obligations
This variation addresses the breach of implied good faith obligations.
If a party breaches its obligation to act in good faith under this Agreement, the other party may claim damages, require specific performance, and terminate this Agreement if necessary.
Rights and remedies for overstatement of performance metrics
This variation applies when performance metrics are falsified or overstated.
If a party overstates performance metrics under this Agreement, the other party may claim damages, require the rectification of reports, and terminate this Agreement if falsification persists.
Rights and remedies for breach of exclusivity in distribution
This variation addresses non-compliance with exclusive distribution terms.
If a party breaches exclusive distribution rights under this Agreement, the other party may terminate the exclusivity, claim damages, and seek injunctive relief to prevent further violations.
Rights and remedies for unapproved relocation of operations
This variation applies when a party relocates operations without prior approval.
If a party relocates operations in violation of this Agreement, the other party may claim damages, suspend performance, and terminate the Agreement if the relocation impacts compliance.
Rights and remedies for failure to conduct audits
This variation addresses non-compliance with audit requirements.
If a party fails to conduct audits as required under this Agreement, the other party may claim damages, demand immediate compliance, and terminate this Agreement if the failure persists.
Rights and remedies for breach of anti-bribery clauses
This variation applies when a party violates anti-bribery obligations.
If a party breaches anti-bribery clauses under this Agreement, the other party may terminate the Agreement with immediate effect, claim damages, and report the breach to relevant authorities.
Rights and remedies for failure to maintain certifications
This variation addresses the failure to maintain required certifications.
If a party fails to maintain certifications necessary for performance under this Agreement, the other party may suspend its obligations, claim damages, and terminate the Agreement if the failure is not remedied.
Rights and remedies for unauthorized sharing of data
This variation applies when a party shares data without authorization.
If a party shares confidential data without authorization, the other party may seek injunctive relief, claim damages, and demand the immediate cessation of such activities.
Rights and remedies for breach of insurance obligations
This variation addresses non-compliance with insurance requirements.
If a party fails to obtain or maintain insurance as required under this Agreement, the other party may procure such insurance at the defaulting party’s expense, claim damages, and terminate the Agreement if necessary.
Rights and remedies for false statements in reports
This variation applies when reports contain false or misleading statements.
If a party submits false or misleading reports under this Agreement, the other party may claim damages, demand accurate revisions, and terminate this Agreement if the issue persists.
Rights and remedies for failure to provide agreed resources
This variation addresses the failure to allocate agreed resources for performance.
If a party fails to allocate resources as required under this Agreement, the other party may claim damages, suspend obligations, and terminate the Agreement if the failure continues beyond [specified time frame].
Rights and remedies for unauthorized cessation of services
This variation applies when a party unilaterally ceases providing services.
If a party ceases providing services without authorization, the other party may claim damages, seek specific performance, and terminate this Agreement with immediate effect.
Rights and remedies for breach of export control compliance
This variation addresses violations of export control obligations under the agreement.
If a party breaches export control compliance obligations, the other party may suspend performance, claim damages, and terminate this Agreement immediately.
Rights and remedies for breach of licensing restrictions
This variation applies when a party violates restrictions on licensed materials.
If a party breaches licensing restrictions, the other party may revoke the license, claim damages, and seek injunctive relief to prevent further violations.
Rights and remedies for failure to meet agreed KPIs
This variation addresses non-compliance with key performance indicators.
If a party fails to meet the key performance indicators outlined in this Agreement, the other party may impose penalties, claim damages, and terminate the Agreement if performance does not improve within [specified time frame].
Rights and remedies for improper handling of funds
This variation applies when funds are improperly managed under the agreement.
If a party improperly handles funds allocated under this Agreement, the other party may demand an accounting, claim damages, and terminate the Agreement if corrective actions are not taken.
Rights and remedies for breach of non-competition clauses
This variation addresses violations of non-competition obligations.
If a party breaches non-competition obligations, the other party may claim damages, seek injunctive relief, and terminate this Agreement with immediate effect.
Rights and remedies for unauthorized withdrawal of support
This variation applies when a party unilaterally withdraws critical support.
If a party withdraws support without authorization, the other party may claim damages, demand reinstatement of support, and terminate the Agreement if support is not restored.
Rights and remedies for failure to mitigate damages
This variation addresses situations where a party fails to mitigate damages as required.
If a party fails to mitigate damages in accordance with this Agreement, the other party may claim additional damages resulting from the failure and seek specific performance if applicable.
Rights and remedies for misuse of client assets
This variation applies when client assets are misused under the agreement.
If a party misuses client assets entrusted under this Agreement, the other party may claim damages, demand restitution, and terminate this Agreement with immediate effect.
Rights and remedies for failure to rectify defects
This variation addresses the failure to correct defects in deliverables.
If a party fails to rectify defects in deliverables as required under this Agreement, the other party may withhold payment, claim damages, and terminate this Agreement if the defects are not corrected within [specified time frame].
Rights and remedies for failure to provide performance bonds
This variation applies when performance bonds are not provided as agreed.
If a party fails to provide performance bonds required under this Agreement, the other party may suspend obligations, claim damages, and terminate this Agreement with immediate effect.
This article contains general legal information and does not contain legal advice. Cobrief is not a law firm or a substitute for an attorney or law firm. The law is complex and changes often. For legal advice, please ask a lawyer.