Common use of Liabilities for Breach of the Contract Clause in Contracts

Liabilities for Breach of the Contract. 1. In case Party A does not utilize the loan s agreed upon, Party B has the right to charge interest by a daily rate of __ to the sum during the period of breach. 2. The party of the loan Party A does not repay on time is regarded as overdue loan , Party B has the right to charge interest by a daily rate of __ during the overdue period. In case Party A is able to repay the loan but transfers the capital on purpose to avoid repaying, Party B has the right to impose joint loan sanctions, and charge interest by a daily rate of __ to the sum during the overdue period 3. In case Party A arbitrarily change the system of the enterprise violating stipulations of ARTICLE 11 under the contract which results in the falling through of the obligatory right of the loan and loss of capital, Party B has the right to withhold part or all of the loan, and charge a fine of __ of the sum borrowed. 4. In case Party A violates stipulations of ARTICLE 15 under the contract, Party B has the right to charge a fine of __ of the sum borrowed. 5. Within the period of validity, in any one case of the following, Party B has the right to stop granting the loan, withhold the capital and interest of the loan or deal with the mortgage in advance, and to directly deduct from the account of Party A: 5.1 Party A does not use the loan to purpose stipulated, and will not correct by limited warning of Part B; 5.2 Party A submits Party B false plan, statistics and financial statement, etc; 5.3 In case of a loan contract with a guarantee or (and ) mortgage from a third party , when the guarantor violates the contract or loses the capacity of bearing joint liability, mortgager violates mortgage agreement or the mortgage does not compensate for the capital and interest of the loan, Party a can not provide new guarantee or (and) mortgage demanded by Party B 5.4 Party A is or well be involved in major legal action or arbitration and other legal disputes; 5.5 Other actions caused by Party A which impair its paying capacity or want of paying intent.

Liabilities for Breach of the Contract. 1. In case Party A does not utilize the loan s agreed upon, Party B has the right to charge interest by a daily rate of __ 0.05% to the sum during the period of breach. . 2. The party of the loan Party A does not repay on time is regarded as overdue loan loan, Party B has the right to charge interest by a daily rate of __ 0.021% during the overdue period. In case Party A is able to repay the loan but transfers the capital on purpose to avoid repaying, Party B has the right to impose joint loan sanctions, and charge interest by a daily rate of __ 0.05% to the sum during the overdue period period 3. In case Party A arbitrarily change the system of the enterprise violating stipulations of ARTICLE Article 11 under the contract which results in the falling through of the obligatory right of the loan and loss of capital, Party B has the right to withhold part or all of the loan, and charge a fine of __ 30% of the sum borrowed. . 4. In case Party A violates stipulations of ARTICLE Article 15 under the contract, Party B has the right to charge a fine of __ 30% of the sum borrowed. . 5. Within the period of validity, in any one case of the following, Party B has the right to stop granting the loan, withhold the capital and interest of the loan or deal with the mortgage in advance, and to directly deduct from the account of Party A: : 5.1 Party A does not use the loan to purpose stipulated, and will not correct by limited warning of Part B; ; 5.2 Party A submits Party B false plan, statistics and financial statement, etc; ; 5.3 In case Incase of a loan contract with a guarantee or (and ) mortgage from a third party , when the guarantor violates the contract or loses the capacity of bearing joint liability, mortgager violates mortgage agreement or the mortgage does not compensate for the capital and interest of the loan, Party a can not provide new guarantee or (and) mortgage demanded by Party B B 5.4 Party A is or well be involved in major legal action or arbitration and other legal disputes; ; 5.5 Other actions caused by Party A which impair its paying capacity or want of paying intent.

Liabilities for Breach of the Contract. 1. In case Party A does not utilize the loan s agreed upon, Party B has the right to charge interest by a daily rate of __ 0.05% to the sum during the period of breach. . 2. The party of the loan Party A does not repay on time is regarded as overdue loan , Party B has the right to charge interest by a daily rate of __ 0.021% during the overdue period. In case Party A is able to repay the loan but transfers the capital on purpose to avoid repaying, Party B has the right to impose joint loan sanctions, and charge interest by a daily rate of __ 0.05% to the sum during the overdue period period 3. In case Party A arbitrarily change the system of the enterprise violating stipulations of ARTICLE 11 under the contract which results in the falling through of the obligatory right of the loan and loss of capital, Party B has the right to withhold part or all of the loan, and charge a fine of __ 30% of the sum borrowed. . 4. In case Party A violates stipulations of ARTICLE 15 under the contract, Party B has the right to charge a fine of __ 30% of the sum borrowed. . 5. Within the period of validity, in any one case of the following, Party B has the right to stop granting the loan, withhold the capital and interest of the loan or deal with the mortgage in advance, and to directly deduct from the account of Party A: 5.1 Party 5. 1Party A does not use the loan to purpose stipulated, and will not correct by limited warning of Part B; 5.2 Party ; 5.2Party A submits Party B false plan, statistics and financial statement, etc; 5.3 In ; 5.3In case of a loan contract with a guarantee or (and ) mortgage from a third party , when the guarantor violates the contract or loses the capacity of bearing joint liability, mortgager violates mortgage agreement or the mortgage does not compensate for the capital and interest of the loan, Party a can not provide new guarantee or (and) mortgage demanded by Party B 5.4 Party B 5.4Party A is or well be involved in major legal action or arbitration and other legal disputes; 5.5 Other ; 5.5Other actions caused by Party A which impair its paying capacity or want of paying intent.