Common use of Liability for Breach of the Agreement Clause in Contracts

Liability for Breach of the Agreement. 8.1 After execution of this Agreement, in the event any statements and guarantees made by either Party (hereinafter referred to as the “Defaulting Party”) prove to be untrue, false, incomplete, or misleading, or if there is a failure in fulfilling the agreed-upon obligations, the Defaulting Party is obligated to compensate the other Party for all tangible losses incurred due to this breach. If the breach is attributable to reasons attributable to the other Party, the Defaulting Party shall not be liable for the breach.

Liability for Breach of the Agreement. 8.1 After execution of this Agreement, in the event any statements and guarantees made by either Party (hereinafter referred to as the “Defaulting Party”) prove to be untrue, false, incomplete, or misleading, or if there is a failure in fulfilling the agreed-upon obligations, the Defaulting Party is obligated to compensate the other Party for all tangible losses incurred due to this breach. If the breach is attributable to reasons attributable to the other Party, the Defaulting Party shall not be liable for the breach.

Liability for Breach of the Agreement. 8.1 After execution of this Agreement, in the event any statements and guarantees made by either Party (hereinafter referred to as the “Defaulting Party”) prove to be untrue, false, incomplete, or Exhibit 4.70 misleading, or if there is a failure in fulfilling the agreed-upon obligations, the Defaulting Party is obligated to compensate the other Party for all tangible losses incurred due to this breach. If the breach is attributable to reasons attributable to the other Party, the Defaulting Party shall not be liable for the breach.

Liability for Breach of the Agreement. 8.1 After execution of this Agreement, in the event any statements and guarantees made by either Party (hereinafter referred to as the “Defaulting Party”) prove to be untrue, false, incomplete, false or misleading, or if there is a failure in fulfilling the agreed-upon obligations, and the Defaulting Party fails to rectify the same within 10 days from the date of receipt of a written notice from any other Party, the Defaulting Party, subject to the provisions of Article 10 hereof, is obligated to compensate the other Party for all tangible losses incurred due to this breach. If the breach is attributable to reasons attributable to the other Party, the Defaulting Party shall not be liable for the breach.

Liability for Breach of the Agreement. 8.1 After execution of this Agreement, in the event any statements and guarantees made by either Party (hereinafter referred to as the “Defaulting Party”) prove to be untrue, false, incomplete, or misleading, or if there is a failure in fulfilling the agreed-upon obligations, the Defaulting Party is obligated to compensate the other Party for all tangible losses incurred due to this breach. If the breach is attributable to reasons attributable to the other Party, the Defaulting Party shall not be liable for the breach.