Common use of Breach Liability Clause in Contracts

Breach Liability. 1) For damages to Party A resulting from Party B’s failure to timely deliver the milk or noncompliance with Section 3, Party B shall be liable for such damages; 2) For damages to Party B resulting from Party A’s failure to timely or duly accept the milk, Party A shall be liable for such damages; 3) In circumstances where Party A fails to timely make the payment, Party A shall compensate Party B with 0.1% of the entire purchase price for each day delayed; 4) If one party unilaterally terminate this Agreement without a written notice within the required period, the party shall compensate the other for 0.1% of the preceding month’s entire purchase price.

Appears in 4 contracts

Samples: Feed Supplier Agreement (Trade Link Wholesalers Inc.), Feed Supplier Agreement (Trade Link Wholesalers Inc.), Feed Supplier Agreement (Trade Link Wholesalers Inc.)

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