Breach of Duties Sample Clauses

Breach of Duties. 5.1: If Party B fails to pay Party A the consideration for the Equity Transfer in accordance with Article 2.3 under this Agreement, Party B shall pay Party A liquidated damages at a rate of 0.5% of the overdue payment per day. If the payment is overdue for more than 30 days, Party A has the right to terminate this Agreement.
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Breach of Duties. After the entry into force of this agreement, either part shall be liable for the other party’s loss if it breaches duties under this agreement. · If Party B fails to make payment to Party A in accordance to this agreement, Party B shall interest of overdue balance at 0.5% per day to Party A. If the payment is overdue of more than 60 days, this agreement shall be cancelled.
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Breach of Duties. 6.1: After the entry into force of this agreement, each party shall be liable for the other party’s loss if it breaches duties under this agreement.
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Breach of Duties a) If Party A breaches point 4.a. and 4.c. Party A has to pay 10% of contracted price to Party B as compensation.
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Breach of Duties. Deficiencies exist if the delivery does not cover the purposes, requirements and specifications that follow from the agreement entered into.
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Related to Breach of Duties

  • 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 Obligations The Parties acknowledge that a breach of any of the obligations contained herein would result in injuries. The Parties further acknowledge that the amount of the liquidated damages or the method of calculating the liquidated damages specified in this Agreement is a genuine and reasonable pre-estimate of the damages that may be suffered by the non-defaulting party in each case specified under this Agreement.

  • Breach of the Agreement The Beneficiary commits a material breach of its obligations under this Agreement;

  • 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 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

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