Common use of Breach Liability Clause in Contracts

Breach Liability. 1) In circumstances where Party B fails to supply the calves, Party B shall compensate Party A with 1% of the undelivered portion of the purchase price; 2) In circumstances where Party A returns the calves after acceptance, Party A shall pay Party B 1% of the returned purchase price as compensation; 3) In circumstances where Party A fails to make the payment on time, Party A shall pay Party B a late payment fee of 0.2% of the total late payment amount for each day delayed, until Party B make all the payment; 4) In circumstances where Party A refuses delivery in violation of this Agreement, Party A shall be responsible for all of Party B’s losses and damages as well as fines imposed by the transportation authority.

Breach Liability. 1) In circumstances where Party B fails to supply the calvescows, Party B shall compensate Party A with 1% of the undelivered portion of the purchase price; 2) In circumstances where Party A returns the calves cows after acceptance, Party A shall pay Party B 1% of the returned purchase price as compensation; 3) In circumstances where Party A fails to make the payment on time, Party A shall pay Party B a late payment fee of 0.2% of the total late payment amount for each day delayed, until Party B make all the payment; 4) In circumstances where Party A refuses delivery in violation of this Agreement, Party A shall be responsible for all of Party B’s losses and damages as well as fines imposed by the transportation authority.