Common use of General Breach Clause in Contracts

General Breach. In the event either party breaches its obligations hereunder, the breach party shall immediately suspend its breach upon the receipt of the non-breach party’s written notice requiring it to rectify its breach, and pay all the losses to the non-breaching party arising from such breach within ten (10) days. If the breach party continue to carry on the breaching conduct or does not perform its obligations, the non-breaching party shall have the right to terminate this Agreement in addition to the compensation for the breach.

Appears in 8 contracts

Samples: Cooperation Agreement (Cheetah Mobile Inc.), Cooperation Agreement (Cheetah Mobile Inc.), Cooperation Agreement (Cheetah Mobile Inc.)

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