Breach of Contact Sample Clauses

Breach of Contact. If the Borrower fails to repay the Loan in accordance with this Agreement, the Lender shall pay the Borrower late payment interests calculated at a daily rate of 0.01% of the outstanding amount.
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Breach of Contact. 9.1 In the event of any following circumstances occurs, the Borrower breaches this Agreement: (1) the Borrower fails to repay the loan and interest or other outstandings hereunder, or perform the other obligations, or comply with the warrants and representations hereunder; (2) in the event that the guarantee hereunder has change which is not in favor of the Lender, but the Borrower fails to provide supplementary guarantee as required by the Lender; (3) the Borrower fails to repay any other debt (other than the loan hereunder) due, or perform other obligations under other agreements, which has impacted or will impact the Borrower’s performance hereunder; (4) any of the Borrower’s profitability, ability to repay the debt, operation ability, cash flow is lower than the standard, or worsening, which has impacted or will impact the Borrower’s performance hereunder; (5) any of the Borrower’s operation, external investment has changed, which has impacted or will impact the Borrower’s performance hereunder; (6) the Borrower or any of the Borrower’s shareholder, legal representative, partner, main individual investor or key management has been involved or will involve in material economical dispute, litigation, arbitration, assets sealed-up, detained or enforced, investigation or punishment by judiciary or government, or disclosure of the Borrower’s breach of laws or regulations by media, which has impacted or will impact the Borrower’s performance hereunder; (7) any change of the Borrower’s shareholder structure, partnership, joint venture, management, which has impacted or will impact the Borrower’s performance hereunder; (8) the Borrower gets the loan by fake contract or transaction, or avoids to repay the loan through related transaction; (9) the Borrower has (or will) terminated, dismissed, liquidated, business suspension, been cancelled the business license, bankrupted; (10) the Borrower has breached any of the rules on food safety, production safety and environmental protection, which has impacted or will impact the Borrower’s performance hereunder; (11) the Borrower or any of Borrower’s legal representative, partner, main individual investor or key management has involved in mafia-style organization activity, drug taking, gambling, smuggling, etc; (12) the Borrower frequently delays to pay tax, expense, and employee’s salary; (13) any other circumstances which has impacted or will impact the Borrower’s performance hereunder. 9.2 In the event the Borrower ha...
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Breach of Contact. During the mortgage term, in the case of any breach of ARTICLE 1, ARTICLE 6, ARTICLE 7, ARTICLE 8, ARTICLE 9 hereof on the part of Party A, Party B is entitled to require Party A to make appropriate correction within a specified timeframe, provide appropriate guaranty and/or make appropriate compensation for any loss therefrom, without prejudice to its right to dispose of the mortgaged objects in advance. Party A hereby agrees that Party B is entitled to apply the proceeds from such disposal in the manner of ______________: 11.1 Applied to repay or pay the principal of and accrued interest on the loan hereunder, as well as any other expenses in relation thereto; 11.2 Changed into term deposit and the deposit certificate is provided as the pledge; 11.3 Lodged with a third party as appointed by Party B; 11.4 Make absolute disposal of the damages upon provision by Party A of any new guaranty as required by Party B.
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Breach of Contact. Party A has the right to terminate the contract or cancel an order when Party B fails to deliver for more than ten days, and Party B shall be responsible for compensating Party A for any loss caused due to a delayed delivery or a missed delivery. If Party A agrees to accept any unqualified products, Party B shall offer discounted price for those products; if Party A rejects those products, Party B shall provide free repair, exchange or return. Any compensation or any other economical loss born by Party B shall be arranged to pay to Party A within ten days after the determination. Party A shall have the right to deduct all the aforesaid amounts directly from Party B’s payment.
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Breach of Contact. 17.1 If (a) the Vendor’s breach of this agreement constitutes a material breach, as such term is defined in the Contract Law (Remedies for Breach of Contract), 2970 or as provided in Section 17.2 below or (b) otherwise breaches this Agreement in a manner than may be remedied within seven (7) days, but does not so remedy the breach, the NLI may terminate this Agreement or perform, directly or using the services of any third party, any obligation which the Vendor undertook to perform hereunder, all at the Vendor’s sole expense and in addition to any other remedy available to the NLI in law or contract. 17.2 For the purposes of this Section 17, the breach of the following shall be deemed a material breach: 17.2.1 The Vendor’s failure to meet, or anticipated failure to meet, any of the timetables of deadlines specified by the Vendor in the Response. 17.2.2 The Vendor’s failure to meet, or anticipated failure to meet, of any of the specifications detailed in the Technical Specifications. 17.2.3 The Vendor’s failure to perform any of its obligations as provided in Sections 3.2, 3.4, 3.7, 3.9. 3.10, 4, 5, 6, 7, 8, 9.5, 11, 12 of this Agreement.
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Breach of Contact. 5.1 Liabilities for Caterer’s Breach (1) If Caterer breaches the provisions of Article 2.1 herein and has caused food safety and hygiene accidents, and if the competent health authority deems it is caused due to Caterer’s default, Caterer shall be liable for the responsibilities in accordance with the Law of the People's Republic of China on Product Quality and Law of the People's Republic of China on Protection of Consumer Rights and Interests. (2) If Caterer breaches the provision of Article 4.1 herein and terminate this Agreement without causes, Caterer shall pay RMB5,000 to Client as liquidated damage.
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Breach of Contact. Violation by either party of any covenant, agreement or condition herein shall be cause for termination of this contract by the other party. Either party may, after giving reasonable written notice and specifying the effective date, terminate this contract in whole or in part for cause, which may include, but shall not be limited to the following: a. Failure, for any reason, of any party to fulfill its obligations under this contract in a timely and proper manner; or b. Failure of any party, for any reason, to comply with Federal, State, and Local laws applicable to matters covered by this contract.
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Breach of Contact 
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Related to Breach of Contact

  • Breach of Contract The failure of the Contractor to comply with any of the provisions, covenants or conditions of this Contract shall be a material breach of this Contract. In such event the County may, and in addition to any other remedies available at law, in equity, or otherwise specified in this Contract: a) Terminate the Contract immediately, pursuant to Section K herein; b) Afford the Contractor written notice of the breach and ten (10) calendar days or such shorter time that may be specified in this Contract within which to cure the breach; c) Discontinue payment to the Contactor for and during the period in which the Contractor is in breach; and d) Offset against any monies billed by the Contractor but yet unpaid by the County those monies disallowed pursuant to the above.

  • Material Breach of Contract In the event Contractor fails to deliver the product and services as contracted for herein, to the satisfaction of the City of Sparks or otherwise fails to perform any provisions of this Contract, the City, after providing five (5) days written notice and Contractor’s failure to cure such breach within the time specified in the notice, may without waiving any other remedy, make good the deficiencies and deduct the actual cost of providing alternative products and/or services from payment due the Contractor. Non-performance after the first notice of non-performance shall be considered a material breach of contract.

  • Breach of Confidentiality Contractor acknowledges that there can be no adequate remedy at law for any breach of Contractor’s obligations hereunder, that any such breach will likely result in irreparable harm, and therefore, that upon any breach or threatened breach of the confidentiality obligations, the Court shall be entitled to appropriate equitable relief, without the requirement of posting a bond, in addition to its other remedies at law. INDEMNIFICATION

  • BREACH OF CONTRACT TERMS The State reserves its right to all administrative, contractual, or legal remedies, including but not limited to suspension or termination of this contract, in instances where the Contractor or any of its subcontractors violate or breach any contract term. If the Contractor or any of its subcontractors violate or breach any contract term, they shall be subject to such sanctions and penalties as may be appropriate. The duties and obligations imposed by the contract documents and the rights and remedies available thereunder shall be in addition to and not a limitation of any duties, obligations, rights and remedies otherwise imposed or available by law.

  • Breach of Covenant The Borrower breaches any material covenant or other term or condition of this Note or the Purchase Agreement in any material respect and such breach, if subject to cure, continues for a period of thirty (30) days after the occurrence thereof.

  • Breach of Contract Claims [Option (Include if University prefers an abbreviated Breach of Contract Claims provision): To the extent that Chapter 2260, Texas Government Code, is applicable to this Agreement and is not preempted by other applicable law, the dispute resolution process provided for in Chapter 2260 and the related rules adopted by the Texas Attorney General pursuant to Chapter 2260, will be used by University and Contractor to attempt to resolve any claim for breach of contract made by Contractor that cannot be resolved in the ordinary course of business. The chief business officer of University will examine Contractor's claim and any counterclaim and negotiate with Contractor in an effort to resolve the claims. The parties specifically agree (i) neither execution of this Agreement by University nor any other conduct, action or inaction of any representative of University relating to this Agreement constitutes or is intended to constitute a waiver of University’s or the state's sovereign immunity to suit; and (ii) University has not waived its right to seek redress in the courts.] 19.1 To the extent that Chapter 2260, Texas Government Code, as it may be amended from time to time (Chapter 2260), is applicable to this Agreement and is not preempted by other Applicable Laws, the dispute resolution process provided for in Chapter 2260 will be used, as further described herein, by University and Contractor to attempt to resolve any claim for breach of contract made by Contractor: 12.19.1.1 Contractor’s claims for breach of this Agreement that the parties cannot resolve pursuant to other provisions of this Agreement or in the ordinary course of business will be submitted to the negotiation process provided in subchapter B of Chapter 2260. To initiate the process, Contractor will submit written notice, as required by subchapter B of Chapter 2260, to University in accordance with the notice provisions in this Agreement. Contractor's notice will specifically state that the provisions of subchapter B of Chapter 2260 are being invoked, the date and nature of the event giving rise to the claim, the specific contract provision that University allegedly breached, the amount of damages Contractor seeks, and the method used to calculate the damages. Compliance by Contractor with subchapter B of Chapter 2260 is a required prerequisite to Contractor's filing of a contested case proceeding under subchapter C of Chapter 2260. The chief business officer of University, or another officer of University as may be designated from time to time by University by written notice to Contractor in accordance with the notice provisions in this Agreement, will examine Contractor's claim and any counterclaim and negotiate with Contractor in an effort to resolve the claims. 12.19.1.2 If the parties are unable to resolve their disputes under Section 12.19.1.1, the contested case process provided in subchapter C of Chapter 2260 is Contractor’s sole and exclusive process for seeking a remedy for any and all of Contractor's claims for breach of this Agreement by University. 12.19.1.3 Compliance with the contested case process provided in subchapter C of Chapter 2260 is a required prerequisite to seeking consent to xxx from the Legislature under Chapter 107,

  • NO BREACH OF CONTRACT The Executive hereby represents to the Company that: (i) the execution and delivery of this Agreement by the Executive and the performance by the Executive of the Executive’s duties hereunder shall not constitute a breach of, or otherwise contravene, the terms of any other agreement or policy to which the Executive is a party or otherwise bound, except for agreements entered into by and between the Executive and any member of the Group pursuant to applicable law, if any; (ii) that the Executive has no information (including, without limitation, confidential information and trade secrets) relating to any other person or entity which would prevent, or be violated by, the Executive entering into this Agreement or carrying out his duties hereunder; (iii) that the Executive is not bound by any confidentiality, trade secret or similar agreement (other than this) with any other person or entity except for other member(s) of the Group, as the case may be.

  • Breach of Agreement Failure by the party to comply with or perform any agreement or obligation (other than an obligation to make any payment under this Agreement or delivery under Section 2(a)(i) or 2(e) or to give notice of a Termination Event or any agreement or obligation under Section 4(a)(i), 4(a)(iii) or 4(d)) to be complied with or performed by the party in accordance with this Agreement if such failure is not remedied on or before the thirtieth day after notice of such failure is given to the party;

  • Breach of Covenants If the Company breaches any of the covenants set forth in this Section 4, and in addition to any other remedies available to the Buyer pursuant to this Agreement, it will be considered an event of default under Section 3.4 of the Note.

  • Breach of Representation Any representation or warranty made or deemed made by any Borrower or any Guarantor in this Agreement, any Other Document or any related agreement or in any certificate, document or financial or other statement furnished at any time in connection herewith or therewith shall prove to have been misleading in any material respect on the date when made or deemed to have been made;

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