Breach of Contract Liabilities. If Party B fails to fulfill his obligations under relevant non-competition restriction provisions hereof, Party B shall assume breach of contract liabilities by paying, on a lump sum basis, liquidated damages in the amount of RMB Fifty Thousand (RMB 50,000). If such liquidated damages are not sufficient to cover the economic losses of Party A, Party B shall provide additional indemnification. Party B shall return to Party A all of the gains derived from his breach.
Breach of Contract Liabilities. 6.1 Party B agrees that it shall immediately notify Party A of any of its breaches of the foregoing provisions and shall timely take actions to duly remedy the same; and that it shall solely assume all relevant losses, responsibilities, obligations and expenses and breach of contract liabilities; and that Party A shall have the right to immediately terminate this Contract.
Breach of Contract Liabilities. 9.1 The Parties shall strictly comply with, and refrain from breaching, the provisions of this Contract. The breaching party shall indemnify the non-breaching party against any direct economic losses suffered by the latter as a result of its breach.
Breach of Contract Liabilities. 7.1 If Lessor fails to timely deliver the premises to Lessee for use, Lessor shall pay liquidated damages in the amount of RMB 1,000.
Breach of Contract Liabilities. 8.1 Upon effectiveness of this Agreement, if any Party fails to perform its obligations hereunder and thereby causes losses to the other Party, such Party shall indemnify such other Party against all of its losses (including reasonable expenses incurred for the purpose of averting such losses).
Breach of Contract Liabilities. Any Party shall be liable for any breach of contract which leads to delay, failure, intellectual property infringement regarding the project:
Breach of Contract Liabilities. 1. Party A reserves the right to terminate this contract if Party B fails to accomplish the missions provided in Clause 2-3. Party B shall refund Party A all the payments if at its fault.
Breach of Contract Liabilities. If the Guarantor violates the provisions of this Contract, or if any of the representations or warranties of the Guarantor in Article 5 hereof is proved incorrect or misleading, and if the Lender has as a result suffered financial losses, the Guarantor shall indemnify against such losses.
Breach of Contract Liabilities. Article 42. If any of the three Parties violates any provision of this Agreement or attachment hereto with the result that this Agreement or any attachment hereto cannot be performed, the breaching Party shall assume all the liabilities of breach of contract in accordance with the law. CHAPTER 18 -- FORCE MAJEURE
Breach of Contract Liabilities. 10.1 If the Premises has defects when delivered, Party A shall repair within ten days upon delivery; if Party A fails to do so, Party A agrees to reduce the rent and change the provisions as to rent herein.
