Common use of Consequences Clause in Contracts

Consequences. If Cryptovision fails to rectify a defect that is not immaterial, LICENSEE may return the defect software to Cryptovision and Cryptovision shall grant LICENSEE full credit for the Cryptovision Software and accept return of the license(s) and associated software or media. A refund shall only be applicable for failure to grant the contractual use and shall only be possible if Cryptovision fails to cure the defect within a reasonable grace period. Cryptovision shall pay damages and reimburse expenditure due to a defect only within the limits as defined in the section titled “Limitation of Liabilities”.

Appears in 12 contracts

Samples: License Agreement, License Agreement, License Agreement

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