Breach and Liability for Breach Sample Clauses

Breach and Liability for Breach. 1. The following matters are considered as breach:
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Breach and Liability for Breach. 11 9.1 Breach 11 9.2 Liability for Breach 11 9.3 Accumulated Remedies 11 Article 10. Termination of Agreement 11 10.1 Termination of Agreement 11 10.2 Legal Consequence of Termination of the Agreement 12 Article 11. Governing Law and Dispute Resolution 12 11.1 Governing Law 12 11.2 Dispute Resolution 12 Article 12. Force Majeure 12 12.1 Scope of Force Majeure 12 12.2 Consequence of Force Majeure 13 12.3 Notice of Force Majeure 00 Xxxxxxx Project Stock Transfer Agreement Article 13 Notice 13 Article 14. Miscellaneous 13 14.1 Expenses and Fees 13 14.2 Taxes 14 14.3 Entire Agreement. 14 14.4 Supplement, Modification and Waiver 14 14.5 Effectiveness 14 14.6 Duplicate 14 Annex 1 Representations and Warranties of Transferor and Company Page1 Annex 2 Representations and Warranties of Transferee Page8 Annex 3 Detailed Information of the Company Page9 Annex 4 List of senior executives and letter of commitment Page10 Annex 5 List of Disclosure Page13 Huayong Project Stock Transfer Agreement Equity Transfer Agreement This Agreement (defined as below) is entered into among the following parties on January 25 of 2014
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Breach and Liability for Breach. 6.1 Should the transferees of shares delay in performing its payment obligation hereunder, they shall, for each day delayed, pay the transferors of the shares a penalty equal to 0.03% of the share transfer price; should the transferors of the shares, Party C or Party D makes false representations and covenants or fail to perform relevant obligations according to provisions hereof, they shall pay the transferees of the shares a penalty equal to 10% of the share transfer price and the transferees of the shares shall have the right to unilaterally terminate the Agreement.
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Breach and Liability for Breach. 10 8.1 Breach 10 8.2 Liability for Breach 10 8.3 Accumulated Remedies 10 Article 9. Termination of Agreement 10 9.1 Termination of Agreement 10 9.2 Legal Consequence of Termination of the Agreement 11 Article 10. Governing Law and Dispute Resolution 11 10.1 Governing Law 11 10.2 Dispute Resolution 11 Article 11. Force Majeure 12 11.1 Scope of Force Majeure 12 11.2 Consequence of Force Majeure 12 11.3 Notice of Force Majeure 12 Article 12. Notice 12 Article 13. Miscellaneous 13 13.1 Expenses and Fees 13 13.2 Taxes 13 Huayong Project Stock Transfer Agreement
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Breach and Liability for Breach 
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Related to Breach and Liability for Breach

  • Liability for Breach 10.1 Either Party’s direct or indirect violation of any provisions hereof or failure to assume its obligations hereunder or failure to assume such obligations in a timely and adequate manner shall constitute breach of this Agreement. The non-breaching Party (“Non-Breaching Party”) shall have the right to require the breaching Party (“Breaching Party”) by written notice to redress its breach and take adequate, effective and timely measures to eliminate the consequences of such breach, and indemnify against the losses incurred by the Non-Breaching Party due to the breach of the Breaching Party.

  • Liability for Breach of Contract 1. If the parties can not continue the performance of this agreement due to either party’s breach, the breaching party shall pay the other party liquidated damages equal to 10% of all amounts payable during the performance of this agreement.

  • Liability for Breach of Agreement During the term of this Agreement, any violation of any provisions herein by either party constitutes breach of contract and the breaching party shall compensate the non-breaching party for the loss incurred as a result of this breach.

  • Liabilities for Breach 9.1 The Parties agree and confirm that, if any of the Parties (the “Breaching Party”) is materially in breach of any provision hereof, or materially fails or delays in performing any of the obligations hereunder, a breach hereof is constituted (a “Breach”), and any of the other Parties which does not commit any Breach (a “Non-breaching Party”) has the right to require that the Breaching Party rectify it or take a remedial action within a reasonable period. If the Breaching Party fails to rectify the Breach or take remedial actions within the reasonable period or within ten (10) days of the other Party’s written rectification notice, then:

  • Liabilities for Breach of Agreement 8.1 In the event any Party failed to perform any of its obligations under this Agreement, or made any untrue or inaccurate representation or warranty, such Party shall be liable for all the losses of other Parties for breach of the Agreement, or pay the penalties to the other Parties as agreed by the relevant Parties.

  • Liabilities for Breach of Contract If any Party to this Agreement fails to, according to the provisions of this Agreement, appropriately and fully perform its obligations, such Party shall be liable for breach of contract. Any damages and costs incurred by the non-breaching Party, due to a breach of contract by the breaching Party, shall be paid by the breaching Party to the non-breaching Party.

  • Remedy for Breach The Executive agrees that in the event of a material breach or threatened material breach of any of the covenants contained in this Paragraph 6, the Company will have the right and remedy to have such covenants specifically enforced by any court having jurisdiction, it being acknowledged and agreed that any material breach of any of the covenants will cause irreparable injury to the Company and that money damages will not provide an adequate remedy to the Company.

  • Breach Liability 7.1 Subject to provisions under Section 4 of this Agreement, Party B and Party C shall jointly and severally indemnify and hold harmless Party A and any of its shareholders, directors, employees, affiliates, agents, successors and trustees from any claim, harm, expenses, indemnities, liabilities, fines or any other loss or damages arising from:

  • Damages for Breach of Contract In the event of a breach of this Agreement by either the Corporation, Bank or the Executive resulting in damages to another party to this Agreement, that party may recover from the party breaching the Agreement only those damages as set forth herein. In no event shall any party be entitled to the recovery of attorney's fees or costs.

  • Liability for Damages Nothing in this Section shall preclude the Borrower or any Lender from asserting against any LC Issuing Bank any claim for direct (but not consequential) damages suffered by the Borrower or such Lender to the extent, but only to the extent, caused by (A) the willful misconduct or gross negligence of such LC Issuing Bank in determining whether a request presented under any Letter of Credit issued by it complied with the terms thereof or (B) such LC Issuing Bank's failure to pay under any such Letter of Credit after the presentation to it of a request strictly complying with the terms and conditions thereof.

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