Defaulting Liabilities. Where either party fails to perform any of its obligations hereunder, or any of its representations or warranties hereunder is materially untrue or inaccurate, such party shall be deemed to default under this Agreement and shall be held liable for all the losses thus incurred to the other party.
Appears in 6 contracts
Samples: Support and Service Agreement (Airmedia Group Inc.), Technology Development Agreement (Airmedia Group Inc.), Technology Development Agreement (Airmedia Group Inc.)
Defaulting Liabilities. Where either party any Party fails to perform any of its obligations hereunderunder this Agreement, or any of its representations or warranties hereunder under this Agreement is materially untrue or inaccurate, such party Party shall be deemed to default under this Agreement and shall be held hold liable for all the losses thus incurred to the other partyParties.
Appears in 3 contracts
Samples: Equity Transfer Contract (Airmedia Group Inc.), Equity Transfer Contract (Airmedia Group Inc.), Equity Transfer Contract (Airmedia Group Inc.)
Defaulting Liabilities. Where either party Party fails to perform any of its obligations hereunderunder this Agreement, or any of its representations or warranties hereunder under this Agreement is materially untrue or inaccurate, such party Party shall be deemed to default under this Agreement and shall be held hold liable for all the losses thus incurred to the other partyParty.
Appears in 3 contracts
Samples: Equity Pledge Agreement (Airmedia Group Inc.), Equity Pledge Agreement (Airmedia Group Inc.), Equity Pledge Agreement (Airmedia Group Inc.)
