Common use of Breach Liabilities Clause in Contracts

Breach Liabilities. 1. If either party breaches this Agreement and consequently causes this Agreement to become unenforceable, the non-breaching party has the right to terminate this Agreement and hold the breaching party liable for any loss thus incurred. 2. If either party breaches this Agreement and consequently causes adverse social impact or economic losses on the other party, the non-breaching party may hold the breaching party liable, require corresponding damages, or terminate this Agreement.

Appears in 4 contracts

Samples: Cooperation Agreement (Hurray! Holding Co., Ltd.), Cooperation Agreement (Hurray! Holding Co., Ltd.), Cooperation Agreement (Hurray! Holding Co., Ltd.)

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