Common use of Default Damages Clause in Contracts

Default Damages. If Customer is in breach of or default in any terms and conditions of this Contract, Owner may terminate this Contract and without demand or notice take immediate possession of, and remove any or all of, the Equipment and return it to Owner’s facility, without liability for damages in trespass or otherwise, and without thereby waiving any claim Owner may have against Customer. Customer shall be responsible for all direct and indirect costs along with general and consequential damages, including reasonable attorneys’ fees and court costs, from Customer’s breach of or default in any of the terms and conditions of this Contract.

Default Damages. If Customer is in breach of or default in any terms and conditions of this Contract, Owner may terminate this Contract and without demand or notice take immediate possession of, and remove any or all of, the Equipment and return it to Owner’s facility, without liability for damages in trespass or otherwise, and without thereby waiving any claim Owner may have against Customer. Such termination by Owner shall be effective immediately without the need of obtaining a moratorium or court or tribunal order. Customer shall be responsible for all direct and indirect costs along with general and consequential damages, including reasonable attorneys’ fees and court costs, from Customer’s breach of or default in any of the terms and conditions of this Contract.