Common use of Breach and Default Clause in Contracts

Breach and Default. 31 7.1 Events of Default 31 7.2 Remedies Upon an Event of Default 33 7.3 Default Damages; Settlement Amount; Termination Payment 34 7.4 SSO Supplier Right to Assume 36 7.5 Setoff of Payment Obligations of the Non-Defaulting Party 36 7.6 Preservation of Rights of Non-Defaulting Party 37

Breach and Default. 31 32 7.1 Events of Default 31 32 7.2 Remedies Upon an Event of Default 33 34 7.3 Default Damages; Settlement Amount; Termination Payment 34 35 7.4 SSO Supplier Right to Assume 36 7.5 Setoff of Payment Obligations of the Non-Defaulting Party 36 7.6 37 7.5 Preservation of Rights of Non-Defaulting Party 3737 ARTICLE 8 38

Breach and Default. 31 7.1 Events of Default 31 7.2 Remedies Upon an Event of Default 33 32 7.3 Default Damages; Settlement Amount; Termination Payment 34 33 7.4 SSO Supplier Right to Assume 36 7.5 Setoff of Payment Obligations of the Non-Defaulting Party 36 7.6 35 7.5 Preservation of Rights of Non-Defaulting Party 3735

Breach and Default. 31 7.1 Events of Default 31 7.2 Remedies Upon an Event of Default 33 7.3 Default Damages; Settlement Amount; Termination Payment 34 33 7.4 SSO Supplier Right to Assume 36 7.5 Setoff of Payment Obligations of the Non-Defaulting Party 36 7.6 7.5 Preservation of Rights of Non-Defaulting Party 3736

Breach and Default. 31 32 7.1 Events of Default 31 32 7.2 Remedies Upon an Event of Default 33 34 7.3 Default Damages; Settlement Amount; Termination Payment 34 7.4 SSO Supplier Right to Assume 36 7.5 Setoff of Payment Obligations of the Non-Defaulting Party 36 7.6 37 7.5 Preservation of Rights of Non-Defaulting Party 37 ARTICLE 8 37

Breach and Default. 31 35 7.1 Events of Default 31 35 7.2 Remedies Upon an Event of Default 33 37 7.3 Default Damages; Settlement Amount; Termination Payment 34 38 7.4 SSO Supplier Right to Assume 36 40 7.5 Setoff of Payment Obligations of the Non-Defaulting Party 36 40 7.6 Preservation of Rights of Non-Defaulting Party 3741