Common use of Termination Without Prejudice Clause in Contracts

Termination Without Prejudice. If this Agreement is terminated by VMSC under Section 6.1(c) for Distributor’s uncured default prior to the expiration of the Term, the termination shall be without prejudice to any rights, claims, causes of action or remedies VMSC may otherwise have against Distributor which have accrued prior to the date of termination; provided however that the Early Termination Damages, if any, shall be in lieu of any VMSC damages for future lost profits after the date of termination. The parties agree that the Early Termination Damages is a liquidated damage amount intended to reimburse VMSC for future lost profits as a result of Total Termination, and is not intended to be a penalty to Distributor. Valero/Corner Store

Termination Without Prejudice. If this Agreement is terminated by VMSC under Section 6.1(c) for Distributor’s uncured default prior to the expiration of the Term, the termination shall be without prejudice to any rights, claims, causes of action or remedies VMSC may otherwise have against Distributor which have accrued prior to the date of termination; provided however that the Early Termination Damages, if any, shall be in lieu of any VMSC damages for future lost profits after the date of termination. The parties Master Agreement Page 10 agree that the Early Termination Damages is a liquidated damage amount intended to reimburse VMSC for future lost profits as a result of Total Termination, and is not intended to be a penalty to Distributor. Valero/Corner Store.

Termination Without Prejudice. If this Agreement is terminated by VMSC under Section 6.1(c) for Distributor’s uncured default prior to the expiration of the Term, the termination shall be without prejudice to any rights, claims, causes of action or remedies VMSC may otherwise have against Distributor which have accrued prior to the date of termination; provided however that the Early Termination Damages, if any, shall be in lieu of any VMSC damages for future lost profits after the date of termination. The parties agree that the Early Termination Damages is a liquidated damage amount intended to reimburse VMSC for future lost profits as a result of Total Termination, and is not intended to be a penalty to Distributor. Valero/Corner Store.