Liabilities for Default. 7.1 In the event of default, the violating Party shall indemnify all losses of the other Party occurring as a result of such default. All the claims regarding the indemnification in this Article 7 shall be proposed no later than twelve (12) months after the Closing Date, or the other Party may not require the violating Party to be responsible for the liabilities for default.
Appears in 6 contracts
Samples: Interest Transfer Agreement, Equity Interest Transfer Agreement (Chipmos Technologies Inc), Equity Interest Transfer Agreement (Chipmos Technologies Inc)
Liabilities for Default. 7.1 In the event of default, the violating Party shall indemnify all losses of the other Party occurring as a result of such default. All the claims regarding the indemnification in this Article 7 shall be proposed no later than twelve (12) months after the Closing Date, or the other Party may not require the violating Party to be responsible for the liabilities for default.. (Translation, for reference only)
Appears in 2 contracts
Samples: Equity Interest Transfer Agreement (Chipmos Technologies Inc), Equity Interest Transfer Agreement (Chipmos Technologies Inc)
