Common use of Sole Recourse Clause in Contracts

Sole Recourse. Except for the rights to injunctive relief, or as otherwise provided under Section 15.7, the rights to indemnification or to impose liability or responsibility on another person, as set forth in the SHIN-NY Agreements, as limited herein, shall constitute the sole and exclusive recourse of the SHIN-NY Recouping Parties with respect to any Losses incurred by such SHIN-NY Recouping Parties or any other liability of the SHIN-NY Liable Parties to the SHIN- NY Recouping Parties, in connection with the SHIN-NY Agreements, regardless of the theory under which any claim for Losses or other liability is made.

Appears in 2 contracts

Sources: Statewide Common Participation Agreement, Statewide Common Participation Agreement