Common use of Breach Liability Clause in Contracts

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: 7.1.1 any breach or failure to perform this Agreement by Party C and/or Party B; or 7.1.2 any material neglect or willful misconduct, or any breach of applicable laws or regulations by Party C and/or Party B. 7.2 Without prejudice to the indemnity liability provided under Section 7.1, Party A may require Party C and Party B to stop or prevent any breach of this Agreement, and/or require Party C and Party B to perform its obligations under this Agreement.