Common use of Defaulting Liability Clause in Contracts

Defaulting Liability. 11.1 The Parties agree and confirm that, if any of the Parties (the “Defaulting Party”) substantially violates any agreement herein or substantially fails to perform or delays performance of any of the obligations hereunder, such violation, failure or delay shall constitute a default under this Agreement (a “Default”). The non-defaulting Party shall have the right to request the Defaulting Party to rectify or take remedial actions within a reasonable period. If the Defaulting Party fails to rectify such Default or take remedial actions within such reasonable period or within ten (10) days after the non-defaulting Party notifies the Defaulting Party in writing requiring the Default to be rectified, then the non-defaulting Party is entitled to decide at its own discretion that:

Defaulting Liability. 11.1 10.1 The Parties agree and confirm that, if any of the Parties (the “Defaulting Party”) substantially violates any agreement herein or substantially fails to perform or delays performance of any of the obligations hereunder, such violation, failure or delay shall constitute a default under this Agreement (a “Default”). The non-defaulting Party shall have the right right, within a reasonable period, to request the Defaulting Party to rectify or take remedial actions within a reasonable periodactions. If the Defaulting Party fails to rectify such Default or take remedial actions within such reasonable period or within ten (10) days after the non-defaulting Party notifies the Defaulting Party in writing requiring the Default to be rectified, then the non-defaulting default Party is will be entitled to decide at its own discretion thatas follows:

Defaulting Liability. 11.1 9.1 The Parties agree and confirm that, if any of the Parties Party (the “Defaulting Party”) substantially violates breaches any agreement herein provision of this Agreement, or substantially fails to perform or delays performance of any of the obligations hereunderunder this Agreement, such violation, failure or delay shall constitute a default under this Agreement (a “Default”)Agreement. The non-defaulting Party (the “Non-Defaulting Party”) shall have the right to request the Defaulting Party to rectify or take remedial actions within a reasonable period. If the Defaulting Party fails to rectify such Default or take remedial actions within such reasonable period or within ten fifteen (1015) days after the nonNon-defaulting Defaulting Party notifies the Defaulting Party in writing requiring the Default to be rectifiedrectification, then the nonNon-defaulting Defaulting Party is entitled to decide at its own discretion thatto:

Defaulting Liability. 11.1 The Parties agree and confirm that, if any of the Parties (the “Defaulting Party”) substantially violates any agreement herein or substantially fails to perform or delays performance of any of the obligations hereunder, such violation, failure or delay shall constitute a default under this Agreement (a “Default”). The non-defaulting Party shall have the right right, within a reasonable period, to request the Defaulting Party to rectify or take remedial actions within a reasonable periodactions. If the Defaulting Party fails to rectify such Default or take remedial actions within such reasonable period or within ten (10) days after the non-defaulting Party notifies the Defaulting Party in writing requiring the Default to be rectified, then the non-defaulting default Party is will be entitled to decide at its own discretion thatas follows:

Defaulting Liability. 11.1 The Parties agree and confirm that, if any of the Parties (the “Defaulting Party”) substantially violates any agreement herein or substantially fails to perform or delays performance of any of the 12 / 18 obligations hereunder, such violation, failure or delay shall constitute a default under this Agreement (a “Default”). The non-defaulting Party shall have the right to request the Defaulting Party to rectify or take remedial actions within a reasonable period. If the Defaulting Party fails to rectify such Default or take remedial actions within such reasonable period or within ten (10) days after the non-defaulting Party notifies the Defaulting Party in writing requiring the Default to be rectified, then the non-defaulting Party is entitled to decide at its own discretion that: