Defaulting Liabilities. Both parties have the obligation to fully perform this Agreement. 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 4 contracts
Samples: Technology Development Agreement (Airmedia Group Inc.), Equity Pledge Agreement (Airmedia Group Inc.), Technology Support and Service Agreement (Airmedia Group Inc.)
