Common use of Breach of Contract Liability Clause in Contracts

Breach of Contract Liability. 9.1 In the event that any party fails to perform any of its obligations hereunder or that any of its representations or warranties hereunder is essentially inaccurate or incorrect, such party shall be in default of this Agreement and shall compensate all losses suffered by the other parties. 9.2 This Section shall be legally binding whether or not this Agreement is amended, cancelled or terminated.

Appears in 6 contracts

Samples: Exclusive Call Option Agreement (17 Education & Technology Group Inc.), Exclusive Call Option Agreement (17 Education & Technology Group Inc.), Exclusive Call Option Agreement (17 Education & Technology Group Inc.)

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Breach of Contract Liability. 9.1 12.1 In the event that any party fails to perform any of its obligations hereunder or that any of its representations or warranties hereunder is essentially inaccurate or incorrect, such party shall be in default of this Agreement and shall compensate all actual economic losses suffered by the other parties. And this Section 12 shall not affect the Pledgee’s any other rights under this Agreement. 9.2 12.2 This Section shall be legally binding whether or not this Agreement is amended, cancelled or terminated.

Appears in 6 contracts

Samples: Equity Interest Pledge Agreement (17 Education & Technology Group Inc.), Equity Interest Pledge Agreement (17 Education & Technology Group Inc.), Equity Interest Pledge Agreement (17 Education & Technology Group Inc.)

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