Liability for Breach of Agreement. Upon the effectiveness of this Agreement, the Parties hereto shall perform their respective obligations under the Agreement. Any failure to perform the obligations stipulated in the Agreement, in part or in whole, shall be deemed as breach of contract and the breaching party shall compensate the non-breaching party for the loss incurred as a result of the breach.
Appears in 12 contracts
Samples: Pledge of Equity Agreement (China Green Agriculture, Inc.), Pledge of Equity Agreement (China Green Agriculture, Inc.), Shares Pledge Agreement (Matches, Inc.)
Liability for Breach of Agreement. Upon During the effectiveness term of this Agreement, the Parties hereto shall perform their respective obligations under the Agreement. Any failure to perform the obligations stipulated in the Agreement, in part or in whole, shall be deemed as any violation of any provisions herein by either Party constitutes breach of contract and the breaching party shall compensate the non-breaching party Party for the loss incurred as a result of the this breach.
Appears in 7 contracts
Samples: Trust Agreement (Kirin International Holding, Inc.), Trust Agreement (Kirin International Holding, Inc.), Trust Agreement (Kirin International Holding, Inc.)
Liability for Breach of Agreement. 7.1 Upon the effectiveness of this Agreement, the Parties hereto shall perform their respective obligations under the Agreement. Any failure to perform the obligations stipulated in the Agreementformal agreement is signed, in part case that either party does not perform or in wholenot fully perform this agreement, it shall be deemed as constitute a breach of contract and the breaching agreement. The party in breach shall compensate pay all direct economic losses to the non-breaching party for the loss incurred as a result of the breach.
7.2 In case that either party breaches the agreement, the non-breaching party shall have the right to demand the party in breach continuously fulfill this agreement.
Appears in 7 contracts
Samples: Share Transfer Agreement (China United Insurance Service, Inc.), Share Transfer Agreement (China United Insurance Service, Inc.), Share Transfer Agreement (China United Insurance Service, Inc.)
Liability for Breach of Agreement. Upon the effectiveness of this Agreement, the Parties hereto shall perform their respective obligations under the Agreement. Any failure to perform the obligations stipulated in the Agreement, in part or in whole, shall be deemed as breach of contract and the breaching party shall compensate the non-breaching party for the loss incurred as a result of the breach.
Appears in 6 contracts
Samples: Shares Pledge Agreement (ONE Bio, Corp.), Shares Pledge Agreement (ONE Bio, Corp.), Shares Pledge Agreement (Green Planet Bio Engineering Co. Ltd.)
Liability for Breach of Agreement. Upon the After effectiveness of this the Agreement, the Parties hereto acts of either party against the provisions herein shall perform their respective obligations under the Agreement. Any failure to perform the obligations stipulated in constitute a breach of the Agreement, in part or in whole, shall be deemed as breach of contract and the breaching party shall compensate the losses to the non-breaching party for the loss incurred as a result of the breachcaused thereof.
Appears in 2 contracts
Samples: Investment Trust Agreement (China Power Equipment, Inc.), Investment Trust Agreement (China Power Equipment, Inc.)
Liability for Breach of Agreement. Upon the effectiveness of this Agreement, the Parties hereto shall perform their respective obligations under the Agreement. Any any failure of either party to perform the obligations stipulated in the this Agreement, in part or in whole, shall be deemed as breach of contract and the contract. The breaching party shall compensate the non-breaching party for the loss incurred as a result 10% of the breachpurchase price of such state-owned equity interest provided herein as the stipulated penalty.
Appears in 2 contracts
Samples: State Owned Equity Interest Purchase Agreement (Deli Solar (USA), Inc.), Equity Transfer Agreement (Deli Solar (USA), Inc.)
Liability for Breach of Agreement. Upon the effectiveness of this Agreement, the Parties hereto shall perform their respective obligations under the Agreement. Any failure to perform the obligations stipulated in the Agreementrequired herein, in part whole or in wholepart, shall be deemed as constitutes breach of contract and the breaching party Party shall compensate the non-breaching party Party for the loss incurred as a result of the such breach.
Appears in 1 contract
Samples: Entrusted Management Agreement (Chindex International Inc)
Liability for Breach of Agreement. Upon the effectiveness of this Agreement, the Parties hereto shall perform their respective obligations under the Agreement. Any failure to perform the obligations stipulated in the Agreement, in part or in whole, shall be deemed as a breach of contract and the breaching party shall compensate the non-breaching party for the loss incurred as a result of the breach.
Appears in 1 contract
Liability for Breach of Agreement. Upon the effectiveness of this Agreement, the Parties hereto shall perform their respective obligations under the this Agreement. Any failure to perform the obligations stipulated in the Agreement, in part or in whole, shall be deemed as a breach of contract the Agreement and the breaching party shall compensate the non-breaching party for the loss incurred as a result of the breach.
Appears in 1 contract
Samples: Pledge of Equity Agreement (China Customer Relations Centers, Inc.)
Liability for Breach of Agreement. Upon the effectiveness of this Agreement, the Parties hereto shall perform their her respective obligations under the Agreement. Any failure to perform the obligations stipulated in the Agreement, in part or in whole, shall be deemed as breach of contract and the breaching party shall compensate the non-breaching party for the loss incurred as a result of the breach.
Appears in 1 contract
Samples: Shares Pledge Agreement (Huifeng Bio-Pharmaceutical Technology, Inc.)
Liability for Breach of Agreement. Upon Any violation of the effectiveness of this Agreementobligations, the Parties hereto shall perform their respective obligations under the Agreement. Any failure to perform the obligations stipulated in the Agreementundertakings, in part or in whole, representations and guarantees by either party hereunder shall be deemed as a breach of contract and agreement by that party.Any loss(es) arising from the failure of full, partial or timely performance of this agreement due to a breach of agreement, the breaching party shall compensate the non-breaching party be liable for the loss incurred as a result of the breachcompensation.
Appears in 1 contract
Samples: Subscription Agreement (China Southern Airlines Co LTD)
Liability for Breach of Agreement. Upon the effectiveness of this Agreement, the Parties hereto shall perform their respective obligations under the Agreement. Any failure to perform the obligations stipulated in the Agreement, in part or in whole, shall be deemed as breach of contract this Agreement and the breaching party shall compensate the non-breaching party for the loss incurred as a result of the breach.
Appears in 1 contract
Samples: Share Equity Pledge Agreement (Comjoyful International Co)
Liability for Breach of Agreement. Upon the effectiveness of this Agreement, the Parties hereto shall perform their respective obligations under the Agreement. Any failure to perform the obligations stipulated in the Agreement, in part or in whole, shall be deemed as breach of contract and the breaching party shall compensate the non-breaching party for the loss incurred as a result of the breach.
Appears in 1 contract
Liability for Breach of Agreement. Upon the effectiveness of this Agreement, the Parties hereto shall perform their respective obligations under the this Agreement. Any failure to perform the obligations stipulated in the Agreement, in part or in whole, shall be deemed as a breach of contract and the breaching party shall compensate the non-breaching party for the loss incurred as a result of the breach.
Appears in 1 contract
Liability for Breach of Agreement. Upon the effectiveness of this Agreement, the Parties hereto shall perform their respective obligations under the Agreement. Any failure to perform the obligations stipulated in the Agreement, in part or in whole, shall be he deemed as breach of contract this Agreement and the breaching party shall compensate the non-breaching party for the loss incurred as a result of the breach.
Appears in 1 contract