Defaulting Liability. 12.1 During the lease term, if Party A fails to timely perform its repair and maintenance duties as agreed herein, thus causing damage to the Premises and property or personal damage to Party B, Party A shall compensate Party B its direct losses.
Appears in 4 contracts
Samples: Housing Lease Contract (Taomee Holdings LTD), Housing Lease Contract (Taomee Holdings LTD), Housing Lease Contract (Taomee Holdings LTD)
Defaulting Liability. 12.1 During the lease term, if Party A fails to timely perform its repair and maintenance duties as agreed herein, thus causing damage to the Premises and property or personal damage to Party B, Party A shall compensate Party B for its direct losses.
Appears in 3 contracts
Samples: Housing Lease Contract (Taomee Holdings LTD), Housing Lease Contract (Taomee Holdings LTD), Housing Lease Contract (Taomee Holdings LTD)