Common use of Obligation to Correct Clause in Contracts

Obligation to Correct. Without limiting any rights or remedies of Newco, in the event of any breach of this Agreement by E▇▇▇▇▇▇ with respect to any material error or defect in the provision of any individual Service, E▇▇▇▇▇▇ shall promptly, after E▇▇▇▇▇▇’▇ Service Coordinator becomes aware of such error or defect, notify Newco and, at Newco’s request, correct such error or defect or re-perform such Service in a timely manner as promptly as practical after Newco’s request at the expense of E▇▇▇▇▇▇.

Appears in 1 contract

Sources: Transaction Agreement and Plan of Merger (Emerson Electric Co)

Obligation to Correct. Without limiting any rights or remedies of Newco, in the event of any breach of this Agreement by E▇▇▇▇▇▇ with respect to any material error or defect in the provision of any individual Service, E▇▇▇▇▇▇ shall promptly, after E▇▇▇▇▇▇’▇ Service Coordinator becomes aware of such error or defect, notify Newco and, at Newco’s request, correct such error or defect or re-perform such Service in a timely manner as promptly as practical after Newco’s request at the expense of E▇▇▇▇▇▇.

Appears in 1 contract

Sources: Transaction Agreement and Plan of Merger (Aspen Technology Inc /De/)