Breach of the Contract. 1) During the lease term, any party who fails to fulfill any article of this contract without the other party’s understanding will be deemed to breach the contract. Both parties agree that the default fine will be / RMB. In case the default fine is not sufficient to cover the loss suffered by the faultless party, the party in breach should pay additional compensation to the other party.
2) Both parties will solve the disputes arising from execution of the contract or in connection with the contract through friendly consultation. In case the agreement cannot be reached, any party may summit the dispute to the court that has the jurisdiction over the matter.
Breach of the Contract. Any addition and alterations to these terms and conditions shall be Null and void unless agreed upon in writing by both parties and signed by the In case of an accident, the client will be subject to a driver for the entire remaining trip period at an extra fee of USD 50 in Tanzania, Kenya, and Uganda and 50$$ in a foreign country per day.
Breach of the Contract. If the lessee breaches any of their obligations under this contract, and does not eliminate the violation until the deadline specified in the written notice sent to them; or liquidation or bankruptcy proceedings are commenced against the lessee; then the lessor will be entitled to immediately take back possession of the equipment and to access the lessee’s rooms and facilities for this purpose, – without prejudice to the lessor’s other claims for payments and compensations.
Breach of the Contract. Item 9.1 Once this contract is in effect, either party fails to perform any obligation in the contract or violate any statement, guarantee and commitment in the contract, then it is breach of contract. If one party causes losses to the other party because of the above reason, then should be compensated to the other party.
Item 9.2 If Party B does not perform the guarantee obligations in this contract, Party A has the right to deduct the money in all accounts that Party B opened in the Industrial and Commercial Bank of China and its branches to pay off the debt in the main contract. If the currency of the deducted money and the currency in the main contract is different, calculate the deduct amount using applicable rate published by Party A on deduct day. The interest and other fees from the deduct day and the pay off day, and the difference for exchange rate fluctuations during the period should be bear by Party B.
Item 9.3 Except the provisions in the contract, if either party breaches the contract, the other party has the right to take measures provided by the PRC laws, regulations and rules.
Breach of the Contract. 11.1 Breach specified under the Terms and Conditions for the Service shall fully apply to any breach of the Contract, as if the Contract were an inseparable part thereof. Provided that the breach is not specified under the Terms and Conditions for the Service, general remedies for breach laid down in the applicable law shall apply.
Breach of the Contract. 1 If Party A terminates the contract without justified cause and this behavior infringes Party B’s interests, it should pay a breach penalty to Party B.
Breach of the Contract. 34 I found that the Defendant was not in breach of clause 9.4.16, under which the Defendant had warranted that all information conveyed to the Plaintiff was true when given and at the time of the contract. That clause only covered information conveyed by matters expressly mentioned in the contract, and did not extend to statements 10A and 10B, which were communicated at the Presentation only. 35 The claim for breach by the Plaintiff was founded on clause 9.4.16, which read: All information given to the Investor [ie, the Plaintiff] and its advisors by the Company [ie, the Defendant], its officers, employees and advisers was when given and is at the date hereof true and accurate.
Breach of the Contract. 10.1 The borrower breaches the contract in one of the following situations:
(1) The borrower pays back the principal and interest of the loan and other payables in the contract not in according with the agreement, or fails to fulfill any other obligation in the contract, or breaks the representations, guaranty or commitments in the contract;
(2) The borrower fails to separately offer other guaranty recognized by the lender in case there are changes on the guaranty in the contract adverse to the obligatory right of the lender;
(3) The borrower fails to liquidate any other debts after expiration (including those that be declared to expire ahead of time), or fails to fulfill or breaches the obligations in the contract, which has impacted or may impact the fulfillment of its obligations in the contract;
(4) The financial indicators including the profitability, solvency, operation capability and cash flow of the borrower break the agreed standards or are deteriorating, which has impacted or may impact the fulfillment of its obligations in the contract;
(5) Material adverse changes on the equity structure, production and management and external investment of the borrow that have impacted or may impact the fulfillment of the obligations in the contract;
(6) The borrower is involved or may be involved in material economic disputes, lawsuits or arbitrations, or its assets are sealed up, detained or compulsorily executed, or it is investigated and punished or penalized by the judicial authority or administrative organ by law, or exposed by media for violating related provisions or policies of the state, which has impacted or may impact the fulfillment of the obligations in the contract;
(7) The abnormal changes or missing of the major investors, key managers of the borrower, or the mentioned persons who are investigated or restricted the personal liberty by the judicial authority according to law, which has impacted or may impact the fulfillment of the obligations in the contract;
(8) The borrower takes advantage of the false contract with the related party or the transaction without actual trading background for the arbitrage of the capital or credit of the lender, or intentionally dodges and slips the obligatory rights of the lender through the related transactions;
(9) The borrower has closed down or may close down, has been or may be dissolved, liquidated, suspended to bring up to standard, revoked the business license, cancelled or filing (filed) for bankruptcy...
Breach of the Contract. Any addition and alterations to these terms and conditions shall be Null and void unless agreed upon in writing by both parties and signed by the operator. In case of the accident the client will be subject to a driver for the entire remaining trip period at extra fee of USD 35 in Uganda and 50$$ in foreign country per day.
Breach of the Contract. 13.1.1. Should the Seller fail to observe the Effective Date of the Contract (regardless of the length of such delay), transfer (and the Buyer will accept) Goods or Services with defects (except Goods or Services with immaterial defects), this shall represent a material breach of the Contract and the Buyer shall have the right to use any legal remedies, incl. those that assume the presence of a material breach of the Contract. The Buyer shall then have, among other things, the right to:
13.1.1.1. cancel the Contract or withdraw from the Contract;
13.1.1.2. decrease the Price of the Contract;
13.1.1.3. refrain from the performance of its contractual obligations until the Seller has stopped the breach;
13.1.1.4. demand reimbursement of damages (loss of profit included);
13.1.2. If the Seller is breaching the Contract in any other way (immaterial breach included), the Buyer shall have the right to use all the lawful legal remedies, incl. legal remedies specified in clauses 13.1.
