Common use of Failure to Disclose Clause in Contracts

Failure to Disclose. Vendor agrees that all fees paid to the Jaycees are non-refundable, and that any failure on the Vendor’s part to disclose completely and truthfully the information requested in this agreement shall be a breach of this agreement. 17.1 In the event of breach by the Vendor, the Jaycees shall be entitled to terminate this agreement and retain all fees paid by Vendor as liquidated damages for the Vendor’s failure to comply with this agreement.

Failure to Disclose. Vendor agrees that all fees paid to the Jaycees are non-refundable, and that any failure on the Vendor’s part to disclose completely and truthfully the information requested in this agreement shall be a breach of this agreement. 17.1 16.1 In the event of breach by the Vendor, the Jaycees shall be entitled to terminate this agreement and retain all fees paid by Vendor as liquidated damages for the Vendor’s failure to comply with this agreement.