Common use of Certain Consequences of Default Clause in Contracts

Certain Consequences of Default. (a) Notwithstanding any other provision in this Agreement or any Associated Agreement to the contrary, during the Default Period, the Defaulting Party shall be subject to all rights and remedies available to the Affected Parties under the relevant Applicable Operating Agreements, and in addition, shall have no right to:

Appears in 3 contracts

Samples: Joint Development Agreement, Joint Development Agreement (Exco Resources Inc), Joint Development Agreement (Exco Resources Inc)

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Certain Consequences of Default. (a) Notwithstanding any other provision in this Agreement or any Associated Agreement to the contrary, during the Default Period, the a Defaulting Party shall be subject to all rights and remedies available to the Affected Parties under the relevant Applicable Operating Agreements, Joint Entity Agreements and other Associated Agreements and in addition, a Defaulting Party shall have no right to:

Appears in 1 contract

Samples: Joint Development Agreement (Exco Resources Inc)

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