Common use of Breach Liabilities Clause in Contracts

Breach Liabilities. 4.1 If any party violates the provisions of this Agreement, such breaching party shall compensate all losses incurred by the non-breaching party. 4.2 Any waiver of the breaching party’s breach may only be made in writing to be effective. The non-exercise or delay in exercise by any party of any rights or remedies under this Agreement does not constitute waiver of such party; any partial exercise of rights or remedies by any party shall not prejudice such party’s exercise of other rights or remedies. 4.3 The effectiveness of this Article IV shall not be affected by the expiration or termination of this Agreement.

Breach Liabilities. 4.1 If any party violates the provisions of this Agreement, such breaching party shall compensate all losses incurred by the non-breaching party. 4.2 Any waiver of the breaching party’s breach may only be made in writing to be effective. The non-exercise or delay in exercise by any party of any rights or remedies under this Agreement does not constitute waiver of such party; any partial exercise of rights or remedies by any party shall not prejudice such party’s exercise of other rights or remedies. 4.3 The effectiveness of this Article IV article shall not be affected by the expiration or termination of this Agreement.