Common use of Liability for Breach of Agreement Clause in Contracts

Liability for Breach of Agreement. 9.1 The Parties agree and confirm that, if either Party is in breach of any provisions herein or fails to perform its obligations hereunder, such breach or failure shall constitute a default under this Agreement, which shall entitle the non-defaulting Party to request the defaulting Party to rectify or remedy such default with a reasonable period of time. If the defaulting Party fails to rectify or remedy such default within the reasonable period of time or within 10 days of non-defaulting Party’s written notice requesting for such rectification or remedy, then the non-defaulting Party shall be entitled to elect the following remedial actions: 9.1.1 If the defaulting Party is any Entrusting Party or Party C, then Party B has the right to terminate this Agreement and request the defaulting Party to fully compensate its losses and damages; 9.1.2 If the defaulting Party is Party B, then the non-defaulting Party has the right to request the defaulting Party to fully compensate its losses and damages, but in no circumstance shall the non-defaulting Party terminate this Agreement unless the applicable law provides otherwise. 9.2 Notwithstanding otherwise provided under this Agreement, the validity of this Section shall not be affected by the suspension or termination of this Agreement.

Liability for Breach of Agreement. 9.1 The Parties agree and confirm that, if either Party is in breach of any provisions herein or fails to perform its obligations hereunder, such breach or failure shall constitute a default under this Agreement, which shall entitle the non-defaulting Party to request the defaulting Party to rectify or remedy such default with a reasonable period of time. If the defaulting Party fails to rectify or remedy such default within the reasonable period of time or within 10 days of non-defaulting Party’s written notice requesting for such rectification or remedy, then the non-defaulting Party shall be entitled to elect the following remedial actions: 9.1.1 (1) If the defaulting Party is any Entrusting Party or Party C, then Party B has the right to terminate this Agreement and request the defaulting Party to fully compensate its losses and damages; 9.1.2 (2) If the defaulting Party is Party B, then the non-defaulting Party has the right to request the defaulting Party to fully compensate its losses and damages, but in no circumstance shall the non-defaulting Party early terminate this Agreement unless the applicable law provides otherwise. 9.2 Notwithstanding otherwise provided under this Agreement, the validity of this Section shall not be affected affect by the suspension or termination of this Agreement.

Liability for Breach of Agreement. 9.1 8.1. The Parties agree and confirm that, if either Party (the “Defaulting Party”) is in breach of any provisions herein or fails to perform its obligations hereunder, such breach or failure shall constitute a default under this AgreementAgreement (the “Default”), which shall entitle the non-defaulting Party (the “Non-defaulting Party”) to request the defaulting Defaulting Party to rectify or remedy such default with a reasonable period of time. If the defaulting Defaulting Party fails to rectify or remedy such default within the reasonable period of time or within 10 days of nonNon-defaulting Party’s written notice requesting for such rectification or remedy, then the nonNon-defaulting Party shall be entitled to elect the following remedial actions: 9.1.1 1) If the defaulting Defaulting Party is any Entrusting Party or Party C, then Party B has the right to terminate this Agreement and request the defaulting Defaulting Party to fully compensate its losses and damages; 9.1.2 2) If the defaulting Defaulting Party is Party B, then the nonNon-defaulting Party has the right to request the defaulting Defaulting Party to fully compensate its losses and damages, but in no circumstance shall the nonNon-defaulting Party terminate this Agreement prior to the end of the Term unless the applicable law provides otherwise. 9.2 8.2. Notwithstanding otherwise provided under this Agreement, the validity of this Section shall not be affected affect by the suspension or termination of this Agreement.

Liability for Breach of Agreement. 9.1 8.1 The Parties agree and confirm that, if either Party is in breach of any provisions herein or fails to perform its obligations hereunder, such breach or failure shall constitute a default under this Agreement, which shall entitle the non-defaulting Party to request the defaulting Party to rectify or remedy such default with a reasonable period of time. If the defaulting Party fails to rectify or remedy such default within the reasonable period of time or within 10 days of non-defaulting Party’s written notice requesting for such rectification or remedy, then the non-defaulting Party shall be entitled to elect the following remedial actions: 9.1.1 8.1.1 If the defaulting Party is any Entrusting Party or Party C, then Party B has the right to terminate this Agreement and request the defaulting Party to fully compensate its losses and damages; 9.1.2 8.1.2 If the defaulting Party is Party B, then the non-defaulting Party has the right to request the defaulting Party to fully compensate its losses and damages, but in no circumstance shall the non-defaulting Party early terminate this Agreement unless the applicable law provides otherwise. 9.2 8.2 Notwithstanding otherwise provided under this Agreement, the validity of this Section shall not be affected affect by the suspension or termination of this Agreement.

Liability for Breach of Agreement. 9.1 The Parties agree and confirm that, if either Party is in breach of any provisions herein or fails to perform its obligations hereunder, such breach or failure shall constitute a default under this Agreement, which shall entitle the non-defaulting Party to request the defaulting Party to rectify or remedy such default with a reasonable period of time. If the defaulting Party fails to rectify or remedy such default within the reasonable period of time or within 10 days of non-defaulting Party’s written notice requesting for such rectification or remedy, then the non-defaulting Party shall be entitled to elect the following remedial actions: 9.1.1 If the defaulting Party is any Entrusting Party or Party C, then Party B has the right to terminate this Agreement and request the defaulting Party to fully compensate its losses and damages; 9.1.2 If the defaulting Party is Party B, then the non-defaulting Party has the right to request the defaulting Party to fully compensate its losses and damages, but in no circumstance shall the non-defaulting Party early terminate this Agreement unless the applicable law provides otherwise. 9.2 Notwithstanding otherwise provided under this Agreement, the validity of this Section shall not be affected affect by the suspension or termination of this Agreement.

Liability for Breach of Agreement. 9.1 8.1. The Parties agree and confirm that, if either Party (the “Defaulting Party”) is in breach of any provisions herein or fails to perform its obligations hereunder, such breach or failure shall constitute a default under this AgreementAgreement (the “Default”), which shall entitle the non-defaulting Party (the “Non-defaulting Party”) to request the defaulting Defaulting Party to rectify or remedy such default with a reasonable period of time. If the defaulting Defaulting Party fails to rectify or remedy such default within the reasonable period of time or within 10 days of nonNon-defaulting Party’s written notice requesting for such rectification or remedy, then the nonNon-defaulting Party shall be entitled to elect the following remedial actions: 9.1.1 1) If the defaulting Defaulting Party is any Entrusting Party or Party C, then Party B has the right to terminate this Agreement and request the defaulting Defaulting Party to fully compensate its losses and damages; 9.1.2 2) If the defaulting Defaulting Party is Party B, then the nonNon-defaulting Party has the right to request the defaulting Defaulting Party to fully compensate its losses and damages, but in no circumstance shall the nonNon-defaulting Party early terminate this Agreement unless the applicable law provides otherwise. 9.2 8.2. Notwithstanding otherwise provided under this Agreement, the validity of this Section shall not be affected affect by the suspension or termination of this Agreement.

Liability for Breach of Agreement. 9.1 8.1 The Parties agree and confirm that, if either Party is in breach of any provisions herein or fails to perform its obligations hereunder, such breach or failure shall constitute a default under this Agreement, which shall entitle the non-defaulting Party to request the defaulting Party to rectify or remedy such default with a reasonable period of time. If the defaulting Party fails to rectify or remedy such default within the reasonable period of time or within 10 days of non-defaulting Party’s written notice requesting for such rectification or remedy, then the non-defaulting Party shall be entitled to elect the following remedial actions: 9.1.1 8.1.1 If the defaulting Party is any Entrusting Party or Party C, then Party B has the right to terminate this Agreement and request the defaulting Party to fully compensate its losses and damages;; and 9.1.2 8.1.2 If the defaulting Party is Party B, then the non-defaulting Party has the right to request the defaulting Party to fully compensate its losses and damages, but in no circumstance shall the non-defaulting Party early terminate this Agreement unless the applicable law provides otherwise. 9.2 8.2 Notwithstanding otherwise provided under this Agreement, the validity of this Section shall not be affected by the suspension or termination of this Agreement.

Liability for Breach of Agreement. 9.1 The Parties agree and confirm that, if either Party is in breach of any provisions herein or fails to perform its obligations hereunder, such breach or failure shall constitute a default under this Agreement, which shall entitle the non-defaulting Party to request the defaulting Party to rectify or remedy such default with a reasonable period of time. If the defaulting Party fails to rectify or remedy such default within the reasonable period of time or within 10 days of non-defaulting Party’s written notice requesting for such rectification or remedy, then the non-defaulting Party shall be entitled to elect the following remedial actions: 9.1.1 (1) If the defaulting Party is any Entrusting Party or Party C, then Party B has the right to terminate this Agreement and request the defaulting Party to fully compensate its losses and damages;; and 9.1.2 (2) If the defaulting Party is Party B, then the non-defaulting Party has the right to request the defaulting Party to fully compensate its losses and damages, but in no circumstance shall the non-defaulting Party early terminate this Agreement unless the applicable law provides otherwise. 9.2 Notwithstanding otherwise provided under this Agreement, the validity of this Section shall not be affected affect by the suspension or termination of this Agreement.