Common use of Breach of Duties Clause in Contracts

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.

Breach of Duties. 6.1: After the entry into force of this agreement, either part each party shall be liable for the other party’s loss if it breaches duties under this agreement. · . 6.2: If Party B fails to make payment to Party A in accordance to with this agreement, Party B shall pay interest of overdue balance at 0.5% per day to Party A. If the payment is overdue of for more than 60 days, this agreement shall be cancelledcanceled.