Common use of Default and Damages Clause in Contracts

Default and Damages. As to any default, Authority shall have all other rights and remedies as provided by law, including without limitation the right to recover damages from Airline in the amount necessary to compensate Authority for damages caused by Airline,‌ for the direct costs incurred and caused by Airline’s failure to perform its obligations under this Agreement, and for any other damages which in the ordinary course would be likely to result from a default of this Agreement.

Appears in 1 contract

Sources: Airline Operating and Lease Agreement

Default and Damages. As to any default, Authority shall have all other rights and remedies as provided by law, including without limitation the right to recover damages from Airline in the amount necessary to compensate Authority for damages caused by Airline,‌ Airline, for the direct costs incurred and caused by Airline’s failure to perform its obligations under this Agreement, and for any other damages which in the ordinary course would be likely to result from a default of this Agreement.

Appears in 1 contract

Sources: Airline Operating and Lease Agreement