asking Party B to pay Sample Clauses

asking Party B to pay liquidated damages, and the amount of liquidated damages shall be calculated based on the higher of the following two: i) 30% of the total fee as stipulated in the contract (including all orders signed under the contract) between Party B/Party B’s affiliated company and Party A/Party A’s affiliated company; ii) RMB 300,000 (say RMB Three Hundred Thousand only). Party A and Party B jointly acknowledge and agree that: (i) the damages caused to Party A and Party A’s affiliated companies due to the breach by party B, Party B’s affiliated companies or staff of Party B’s/ Party B’s affiliated companies of the commitments in Article II above shall be difficult to calculate; (ii) the amount of such liquidated damages is confirmed by both parties through commercial negotiation and is equivalent to the legal interests of Party A, which is not excessive, too high or unreasonable. Party B promises not to request any agency or department to reduce it in the subsequent dispute resolution. In addition, Party A shall still have the right to further claim against Party B for the actual loss exceeding the amount of liquidated damages mentioned above. The actual loss mentioned in this Article includes direct loss (including but not limited to losses caused by consumer complaints and claims, and penalties imposed by government agencies) ), indirect losses (including but not limited to losses caused by the reduction of social evaluation of Party A and its affiliated companies, customer loss, market share decline, stock price decline, etc.), loss of expected benefits and reasonable expenses caused by them (including but not limited to attorneys’ fees, notarization fees, appraisal fees, litigation fees, expenses for overtime working and travel, etc.).
Sample 1
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Related to asking Party B to pay

  • Agreement to Pay Upon receipt of written notice and direction from the Lender, the Borrower covenants and agrees to make all payments of interest, principal and structuring fees due under this Agreement to the Lender and any assignee, pro rata in accordance with their respective proportionate interests in the Loan as set out in such written notice and direction, absent which all such payments may be made to the Lender.

  • Promise to Pay Borrower hereby unconditionally promises to pay Bank the outstanding principal amount of all Credit Extensions and accrued and unpaid interest thereon as and when due in accordance with this Agreement.

  • Renewal Fee Borrower agrees to pay a fee equal to one-quarter of one percent (0.25%) of the Bank’s committed amount for the Line of Credit upon any renewal of the Line of Credit.

  • Up-Front Fee The Borrowers shall pay to the Agent an up-front fee in the amount and at the times agreed in a Fee Letter.

  • Indemnification by the Distributor The Distributor hereby agrees to, and shall, indemnify and hold harmless the Company and each person who controls or is affiliated with the Company within the meaning of such terms under the 1933 Act or 1940 Act and any officer, director, employee or agent of the foregoing, against any and all losses, claims, damages or liabilities, joint or several (including any investigative, legal and other expenses reasonably incurred in connection with, and any amounts paid in settlement of, any action, suit or proceeding or any claim asserted), to which they or any of them may become subject under any statute or regulation, at common law or otherwise, insofar as such losses, claims, damages or liabilities:

  • Payment of Extension Fee The Borrower shall pay to the Agent for the pro rata accounts of the Lenders in accordance with their respective Commitments an extension fee in an amount equal to fifteen (15) basis points on the Total Commitment in effect on the Maturity Date (as determined without regard to such extension), which fee shall, when paid, be fully earned and non-refundable under any circumstances.

  • Obligation to Pay Royalties A royalty is due Stanford under this Agreement for any activity conducted under the licenses granted. For convenience’s sake, the amount of that royalty is calculated using Net Sales. Nonetheless, if certain Licensed Products are made, used, imported, or offered for sale before the date this Agreement terminates, and those Licensed Products are sold after the termination date, ImmuMetrix will pay Stanford an earned royalty for its exercise of rights based on the Net Sales of those Licensed Products.

  • Disruption to Payment Systems etc If either the Agent determines (in its discretion) that a Disruption Event has occurred or the Agent is notified by the Borrower that a Disruption Event has occurred:

  • Upfront Fee The Borrower shall pay to the Agent (for the account of each Original Lender) an upfront fee in the amount and at the times agreed in a Fee Letter.

  • Covenant to Pay The Chargor must pay or discharge the Secured Liabilities in the manner provided for in the Finance Documents.

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