liability for breach contract. 1. Party A's legal liability Party A withdraws or defaults on Party B's wages, and refuses to pay Party B's overtime wages, except in accordance with the relevant provisions. In the full payment of Party B's wages in time, the economic compensation equivalent to 25% of the wage should be added. 2. Party B's legal liability If Party B violates the contract to terminate the employment contract and causes losses to Party A, Party B shall compensate Party A for the following losses:
a. Fees paid by Party A for recruiting B;
b. Training expenses paid for by Party A;
c. Direct economic losses to production, operations and work.
liability for breach contract. 1. Party A and Party B shall strictly abide by the stipulation of this agreement and the attachment hereto, and shall bear the liability for breach of contract.
2. If Party B provides false information and materials in default and thus causes the invalidity of the loan contract, in addition to the compensation for the losses of the investors of the platform (Assignee of the creditor’s rights) and Party A as agreed, Party B shall also pay Party A the penalty for breach of contract equivalent to 30% of the total amount of the loan.
3. If Party B fails to fulfill its duty to review its recommended customers with discretion, thus caused losses to the investors of the platform (Assignee of the creditor’s rights) or Party A, Party B shall compensate for such losses, and pay to Party A 10% of the amount of the loan as penalty for breach of contract. If Party B has breach of contract twice, Party A shall have the right to choose to unilaterally terminate this agreement.
4. If either party of Party A and Party B breaches the confidentiality agreement, the breaching party shall pay the penalty the observant party RMB 1 millionyuan, for the losses surpassing the penalty for breach of contract, the breaching party shall also compensate for such losses. At the same time, the observant party shall have the right to terminate this agreement.
5. If Party B has other defaults, thus caused losses to Party A, Party B shall compensate for such losses, and at the same time pay the penalty for breach of contract RMB 1 millionyuan.
6. If Party A’s breach of contract causes losses to Party B, Party A shall compensate for such losses, and at the same time pay the penalty for breach of contract RMB 1 millionyuan.
7. The losses referred to in this agreement include but are not limited to, the loan principal and interest, penalty for breach of contract and the attorney’s fees, traveling expenses, valuation fee and litigation costs, etc. incurred by the claims for the rights.
liability for breach contract. If either Party A or Party B violates this Agreement and damages the legitimate rights and interests of the other party due to its respective debt issues, the breaching party shall promptly indemnify the non-breaching party for all losses (including direct losses and indirect losses), and pay the non-breaching party liquidated damages equal to 5% of the Total Consideration hereunder.
liability for breach contract. 1. Once this Agreement comes into force, both parties shall consciously perform it, and neither party fails to follow the rules of the Agreement To fully perform their obligations, they shall be liable in accordance with the law and the provisions of this Agreement.
2. If Party B fails to pay the equity transfer payment on schedule, it shall pay party A a penalty of 10,000 of the overdue transfer payment for each day overdue. If party B breaches the contract and causes losses to Party A, Party B shall pay the losses If the amount of liquidated damages is lower than the actual loss, Party B shall make additional compensation.
3. If Party B fails to handle the change registration as scheduled due to Party A, or seriously affects the purpose of concluding this Agreement, Party A shall pay party B liquidated damages of 1 / 10,000 of the transfer amount already paid by Party B. If party A’s breach causes losses to Party B, Party A shall pay liquidated damages If the amount is lower than the actual loss, Party A shall make additional compensation.
liability for breach contract. In case of either party (hereinafter referred to as the “Breaching Party”), the other party (hereinafter referred to as the “Non-breaching Party”) shall have the right to require the breaching party to be liable for breach.
liability for breach contract. During the cooperation period, in order to protect the interests of both parties, neither party shall take away or transfer the other party's core technologies and technological achievements to a third party for cooperation. Party A shall not disclose Party B's case resources to a third party, and Party B shall not cooperate with other neural acid research and production units. Otherwise, the breaching party shall compensate the other party for the economic losses.
liability for breach contract. 1. Liability for breach of the supplier:
i). When Party A sells product that is not in accordance with the original sample quality standards or delivery product quality standards, Party B shall have the right to refuse and return.
ii). Party A’s failure to make delivery completely in conformity with the contract, according to the contract price, the compensation shall be 0.5% of the payment per day.
2. Liability for breach of the seller:
i). Party A’s shall have all rights under PRC law to bring a claim for breach under the terms of the contract.
liability for breach contract. Both parties shall abide by and perform this agreement, and shall ensure each party’s rights and obligations agreed herein are actually realized and enjoyed by the both parties by using their control over the company or enterprise. Otherwise, the party who breach the contract shall be liable to the other party.
liability for breach contract. (1) After the contract is signed, if Party A fails to hand over the buildings, structures, facilities and equipment as agreed in the appendix, Party B shall have the right to deduct the corresponding amount from the price.
(2) After signing the contract, if Party A goes back, it shall return double the deposit; if Party B goes back, it has no right to request the return of the deposit.
(3) If Party B delays in making the payment without justifiable reasons, Party A shall have the right to ask Party B to pay the interest on the arrears of 0.0005% per day from the date of overdue payment. If the overdue payment is more than 15 days, Party A shall have the right to terminate the contract and forfeit the deposit.
(4) If Party A delays in clearing and handing over the site, Party B shall have the right to require Party A to pay the interest paid during the standard of 0.0005% per day. If party B fails to clear the site and handover within 15 days later, Party B has the right to terminate the contract. Party A shall not only return double the deposit, but also bear the interest paid during the overdue clearance and handover period.
(5) If the real estate transfer procedures are overdue due to Party A, Party B shall have the right to require Party A to pay the interest paid at the standard of 0.0005% per day for the overdue period. If the contract is not completed within 15 days overdue, Party B has the right to terminate the contract, and Party A shall return double the deposit and also pay the interest paid during the overdue period.
liability for breach contract. 6.1 Both parties shall strictly perform the provisions hereof, and any breach or failure to perform the provisions hereof shall constitute breach of contract. The breaching party shall bear all the consequences caused by the breach and compensate the non-breaching party for the relevant economic losses.
