Common use of Monetary Damages Clause in Contracts

Monetary Damages. If Licensee engages in the commercial exploitation and/or sale of the Beat or New Song outside of the manner and amount expressly provided for in this Agreement, Licensee shall be liable to Producer for monetary damages in an amount equal to any and all monies paid, collected by, or received by Licensee, or any third party on its behalf, in connection with such unauthorized commercial exploitation of the Beat and/or New Song.

Monetary Damages. If Licensee engages in the commercial exploitation and/or sale of the Beat Topline or New Song outside of the manner and amount expressly provided for in this Agreement, Licensee shall be liable to Producer Songwriter for monetary damages in an amount equal to any and all monies paid, collected by, or received by Licensee, or any third party on its behalf, in connection with such unauthorized commercial exploitation of the Beat Topline and/or New Song.