Compensation for Breach. 4.1 Should any Party (the “Breaching Party”) violate any provision hereof and cause damage to the other Parties (the “Non-beaching Parties”), the Non-beaching Parties may send a written notice to the Breaching Party, requiring it to remedy and rectify the breach immediately. If the Breaching Party fails to take satisfactory measures to remedy and rectify the breach within fifteen (15) days from the date of the said notice, the Non-beaching Party shall be entitled to take other remedies in accordance with the methods prescribed herein or by legal means.
Compensation for Breach. 4.7 Any breach of Sub-clauses 4.5 to 4.6 shall entitle the Employer to rescind the contract under Clause 13.2 of these conditions and also render the Contractor liable for loss or damage arising due to such cancellation. Setting Out 4.8
Compensation for Breach. B4.1 The Landlord may claim damages (compensation) from the Tenant for losses suffered and expenses incurred as a result of the Tenant’s failure to comply with the Tenant’s Obligations in this Agreement. The amount the Landlord is entitled to claim is the amount that would (as far as money can do that) put the Landlord in the same position the Landlord would have been in if the Tenant had complied with the Tenant’s Obligations PROVIDED THAT the Landlord takes reasonable steps to keep losses and expenses at a reasonable level and acts properly and reasonably in response to the Tenant’s breach.
Compensation for Breach. The Breaching Party shall compensate the Non-breaching Party for all direct costs, liabilities, or losses incurred due to its Breach.
Compensation for Breach. Frontline shall compensate KTL for any loss, on a USD for USD basis, which KTL or any Company suffers or incurs as a result of any breach of any of Frontline's warranties under this Agreement, Including any loss arising from any reduction of the value of the Shares. Frontline's obligation to compensate KTL for any such breach shall not be conditional upon any negligence on the part of Frontline nor upon the breach falling within Frontline's control.
Compensation for Breach. (a) In the event the Lessee’s conduct (whether acts or omissions) constitutes a repudiation of this Lease (or of the Lessee’s obligations under this Lease) or constitutes a breach of any lease covenants, the Lessee shall compensate the Lessor for the loss or damage suffered by reason of the repudiation or breach.
Compensation for Breach. Subject to any agreement reached under Section 3.2(b) above, the Company will pay to the City all Gross Revenue received by the Company in breach of Section 3.2(a) with interest at Prime plus 5% per annum. However, the Gross Revenue Percentage Fee payable under Section 6.2 (if previously paid by the Company on the amounts being paid over to the City under this Section) may be deducted from the amount owed to the City (with interest at Prime plus 5% per annum) as compensation to the Company on account of the administrative costs incurred by the Company in collecting the Gross Revenue for the City. For further certainty, the Company will not be in breach of this Section if the breach is solely the result of inadvertence on the part of the Company. For example, if the Company’s Employees or Contractors accidentally splice, switch or otherwise activate Dark Fibre for the Company’s own or its Affiliate’s or customer’s use or benefit, this would not be a breach of this Section.
Compensation for Breach. All prepayments shall be final and shall result in a reduction in the Aggregate Commitment and a proportionate reduction in the Commitment of each Bank.
Compensation for Breach. If all or some part of a Drawdown is repaid on a date other than the Interest Payment Date corresponding to the due date for said Drawdown, the Borrower shall compensate the Agent and each Bank and shall pay the Agent for the benefit of the Banks, upon presentation by the Agent of appropriate supporting documents, all such amounts as the Banks certify to the Agent (no later than two (2) Business Days following the repayment date) are necessary to compensate them for any losses and costs which they may incur as a result of said repayment, including but not limited to any lost profit as measured against the Margin or any loss or cost incurred by the Banks to liquidate or relend such deposits as they have acquired to finance the Drawdown concerned, and in particular, in the case of prepayment of all or some part of a Drawdown for any reason whatsoever, including but not limited to in the cases described in Articles 9 ("Events of Default") and 10 ("Changed Circumstances").
Compensation for Breach. Subject to the provisions of this clause 6 the Management Warrantors shall compensate the Buyer for any Loss which the Buyer or any Group Company incurs as a result of any breach of any of the Management Warranties or any of the Management Warrantors' obligations under this Agreement.
