Common use of Defaulting Liability Clause in Contracts

Defaulting Liability. 9.1 The Parties agree and acknowledge that, if any of the Parties (the “Defaulting Party”) materially breaches any provision herein or materially fails to perform or delays performance of any of the obligations hereunder, such breach, failure or delay shall constitute a default under this Agreement (a “Default”). In such event, any of the other Parties without default (the “Non-defaulting Party”) shall have the right to require the Defaulting Party to rectify such Default or take remedial measures within a reasonable period. If the Defaulting Party fails to rectify such Default or take remedial measures within such reasonable period or within ten (10) days of the Non-defaulting Party notifying the Defaulting Party in writing and requiring the Default to be rectified, then:

Defaulting Liability. 9.1 The 9.1The Parties agree and acknowledge that, if any of the Parties (the “Defaulting Party”) materially breaches any provision herein or materially fails to perform or delays performance of any of the obligations hereunder, such breach, failure or delay shall constitute a default under this Agreement (a “Default”). In such event, any of the other Parties without default (the “Non-defaulting Party”) shall have the right to require the Defaulting Party to rectify such Default or take remedial measures within a reasonable period. If the Defaulting Party fails to rectify such Default or take remedial measures within such reasonable period or within ten (10) days of the Non-defaulting Party notifying the Defaulting Party in writing and requiring the Default to be rectified, then:

Defaulting Liability. 9.1 11.1 The Parties agree and acknowledge confirm that, if any of the Parties (hereinafter referred to as the “Defaulting Party”) materially breaches substantially violates any provision agreement herein or materially substantially fails to perform or delays performance of any of the obligations hereunder, such breachviolation, failure or delay shall constitute a default under this Agreement (a hereinafter referred to as “Default”). In such event, any of the other Parties without default (the “NonThe non-defaulting Party”) Party shall have the right to require request the Defaulting Party to rectify such Default or take remedial measures actions within a reasonable period. If the Defaulting Party fails to rectify such Default or take remedial measures actions within such the reasonable period or within ten (10) days of after the Nonnon-defaulting Party notifying notifies the Defaulting Party in writing and requiring requesting the Default to be rectified, thenthen the non-defaulting Party is entitled to decide at its own discretion that:

Defaulting Liability. 9.1 11.1 The Parties agree and acknowledge that, if any of the Parties (the “Defaulting Party”) materially breaches any provision herein or materially fails to perform or delays performance of any of the obligations hereunder, such breach, failure or delay shall constitute a default under this Agreement (a “Default”). In such event, any of the other Parties without default (the a “Non-defaulting Party”) shall have the right to require the Defaulting Party to rectify such Default or take remedial measures within a reasonable period. If the Defaulting Party fails to rectify such Default or take remedial measures within such reasonable period or within ten (10) days of the Non-defaulting Party notifying the Defaulting Party in writing and requiring the Default to be rectified, then:

Defaulting Liability. 9.1 The 9.1The Parties agree and acknowledge that, if any of the Parties (the “Defaulting Party”) materially breaches any provision herein or materially fails to perform or delays performance of any of the obligations hereunder, such breach, failure or delay shall constitute a default under this Agreement (a “Default”). In such event, any of the other Parties without default (the “Non-defaulting Party”) shall have the right to require the Defaulting Party to rectify such Default or take remedial measures within a reasonable period. If the Defaulting Party fails to rectify such Default or take remedial measures within such reasonable period or within ten (10) days of the Non-defaulting Party notifying the Defaulting Party in writing and requiring the Default to be rectified, then:: ​