Common use of Breach of Contract Liability Clause in Contracts

Breach of Contract Liability. 5.1 In the event that either party violates the provisions of this contract, they shall bear the corresponding breach of contract liability and compensate the other party for any losses incurred as a result.

Breach of Contract Liability. 5.1 In 4.1 Both parties shall exercise their rights, fulfill their obligations, and ensure the event that either party violates the provisions smooth performance of this contract. Any party failing to fully and timely fulfill its obligations shall be held responsible for the breach. If it causes losses to the other party, they it shall bear the corresponding breach of contract liability and compensate the other party for any the direct economic losses incurred as a resultsuffered.

Breach of Contract Liability. 5.1 7.1 In the event that either one party violates the provisions of this contractcontract and causes losses to the other party, they the breaching party shall bear the corresponding breach of contract liability and compensate the other party for any losses incurred as a resultits losses, and the compensation amount shall be limited to the direct economic benefits obtained by the breaching party from performing this contract.