Effect of Termination for Cause. Upon Termination for Cause, the terminated Party shall indemnify the other Party for any Damages by reason arising out of such parties breach or insolvency.
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Samples: Consortium Agreement (Sonoma College Inc), Consortium Agreement (Sonoma College Inc), Consortium Agreement (Sonoma College Inc)
Effect of Termination for Cause. Upon Termination for Cause, the terminated Party shall indemnify the other Party for any Damages by reason arising out of such parties breach or insolvencyinsolvency and all other rights and obligations of the parties under this Agreement shall be extinquished.
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