Common use of Licensor Remedies Clause in Contracts

Licensor Remedies. Licensor may at any time and at its option and expense:: (A) obtain for Licensee a license to continue to use the Application that may infringe a third party’s rights; (B) modify the Application to be non-infringing while preserving substantially equivalent functionality; or (C) terminate the enjoined license and any corresponding portions of this Contract, any SOW, and any Authorized Order Form and promptly refund to Licensee all fees prepaid by Licensee for the remainder of the license period not provided, and Licensee will have no liability or obligations, financial or otherwise, to Licensor arising out of the termination. Licensor agrees to use commercially reasonable efforts to first pursue options (A) and (B) before pursuing option (C).