Common use of Breach of Obligation Clause in Contracts

Breach of Obligation. 6.1 After signed this agreement, if any party lost promise or fails to fulfill obligations under this agreement and does not take effective remedial measures within ten (10) days after receiving the other party’s written notice, the non-defaulting party is entitled to terminate the contract in written notice to defaulting party. Moreover, whether non-defaulting party decides to terminate the obligation of the agreement, defaulting party has to undertake the liability according to Article 6.2 in this agreement. 6.2 If Party B fails to fulfill obligations in this agreement, it has no right to ask Party B to return deposit. If Party B fails to fulfill obligations in this agreement, it should pay twice deposit. Any party would pay liquidated damages to the other party for breach of the agreement which is RMB 2,000,000.

Breach of Obligation. 6.1 After signed this agreement, if any party lost promise or fails to fulfill obligations under this agreement and does not take effective remedial measures within ten (10) days after receiving the other party’s written notice, the non-defaulting party is entitled to terminate the contract in written notice to defaulting party. Moreover, whether non-defaulting party decides to terminate the obligation of the agreement, defaulting party has to undertake the liability according to Article 6.2 in this agreement. 6.2 If Party B fails to fulfill obligations in this agreement, it has no right to ask Party B to return deposit. If Party B fails to fulfill obligations in this agreement, it should pay twice deposit. Any party would pay liquidated damages to the other party for breach Breach of the agreement which is RMB 2,000,0001,000,000.

Breach of Obligation. 6.1 After signed this agreement, if any party lost promise or fails to fulfill obligations under this agreement and does not take effective remedial measures within ten (10) days after receiving the other party’s written notice, the non-defaulting party is entitled to terminate the contract in written notice to defaulting party. Moreover, whether non-defaulting party decides to terminate the obligation of the agreement, defaulting party has to undertake the liability according to Article 6.2 in this agreement. 6.2 If Party B fails to fulfill obligations in this agreement, it has no right to ask Party B to return deposit. If Party B fails to fulfill obligations in this agreement, it should pay twice deposit. Any party would pay liquidated damages to the other party for breach of the agreement which is RMB 2,000,0001,000,000.

Breach of Obligation. 6.1 After signed this agreement, if any party lost promise or fails to fulfill obligations under this agreement and does not take effective remedial measures within ten (10) days after receiving the other party’s written notice, the non-defaulting party is entitled to terminate the contract in written notice to defaulting party. Moreover, whether non-defaulting party decides to terminate the obligation of the agreement, defaulting party has to undertake the liability according to Article 6.2 in this agreement. 6.2 If Party B fails to fulfill obligations in this agreement, it has no right to ask Party B to return deposit. If Party B fails to fulfill obligations in this agreement, it should pay twice deposit. Any party would pay liquidated damages to the other party for breach of the agreement which is RMB 2,000,0005,000,000.