Liability for Breach of Contract and Compensation. 8.1. If either Party breaches the Contract, thereby causing the other Party to suffer damage, the Party in breach will be liable to pay compensation to the non-breaching Party for such damage.
Liability for Breach of Contract and Compensation. 1. Party A and Party B shall bear the compensation liability for breach of contract for their respective breach of this Contract or causing economic losses to the other party.
Liability for Breach of Contract and Compensation. 7.1. Liability for breach of contract Both parties agree and confirm that if either party (the breaching party) substantially violates any article herein, or substantially fails to perform or delays in performing any obligation under the Agreement, it constitutes a breach hereof (the breach), and the non-breaching party (the observant party) has the right to require the breaching party to make rectification or take remedial measures within a reasonable period of time. If the breaching party fails to rectify or take remedial measures within a reasonable period of time or within ten (10) days after the observant party gives a written notice to the breaching party and puts forward the request, the observant party has the right to claim compensation from the breaching party for damages.
Liability for Breach of Contract and Compensation. According to the provisions of Article 8, Item 1 and 2 of this contract, the party that complies with the contract has the right to terminate the contract and has the right to require the party that breaches the contract to compensate for economic losses.
Liability for Breach of Contract and Compensation. 1. All parties to this agreement shall strictly abide by the provisions of this agreement. Each of the following events shall constitute an event of default:
Liability for Breach of Contract and Compensation. 7.1 If either party violates any agreement made under the Agreement, the observant party shall have the right to require the default party to compensate for damages; this Article 7.1 shall not interfere with any other rights of the observant party under the Agreement.
Liability for Breach of Contract and Compensation. All parties shall perform their obligations in accordance with their respective responsibilities stipulated in this agreement, otherwise the failure to perform the contract constitutes a breach of contract and shall bear the corresponding liability for breach of contract in accordance with the law.
Liability for Breach of Contract and Compensation. Both Parties agree that if any party breaches any representations or warranties made in the Agreement which causes any loss to the other Party, the breaching party shall compensate the non-breaching party for all direct loss.
Liability for Breach of Contract and Compensation
