Common use of Remedial Authority Clause in Contracts

Remedial Authority. A referee to whom a matter is referred shall have the authority to (i) order either party to undertake remedial action to cure the breach and to prevent occurrence of similar breaches in the future; (ii) assess damages and/or levy a penalty consistent with the terms of this Agreement or (iii) find there has been no breach.

Appears in 2 contracts

Sources: Franchise Agreement, Exclusive Franchise Agreement

Remedial Authority. A referee to whom a matter is referred shall have the authority to to: (i) order either party Party to undertake remedial action to cure the breach and to prevent occurrence of similar breaches in the future; (ii) assess damages and/or levy a penalty consistent with the terms of this Agreement Agreement; or (iii) find there has been no breach.

Appears in 1 contract

Sources: Waste Management Agreement