Liability for Breach of the Contract. Article 30 The Assignee shall pay for the assignment price of the state-owned construction land use right on time in accordance with the terms of the Contract. If the Assignee fails to pay for such assignment price on schedule, it shall be imposed on a daily penalty of 1 ‰ of the deferred payment to the Assignor starting from the first day after the due time. If the assignment price is overdue for more than 60 days, and the Assignee neglects the Assignor’s reminder of the payment, the Assignor shall have the right to terminate the Contract, and the Assignee shall have no right to request the Assignor to refund the deposit. The Assignor can request the Assignee to compensate for the losses.
Liability for Breach of the Contract. 14.1 In case Party B is default on the rental, property management fee, deposit and other expenses payable under the Contract, Party A has the right to demand Party B to pay the interest for any delayed payment. (The interest rate is calculated as 1% per day from the date the payment becomes due.)
Liability for Breach of the Contract. 9.1 If Party B breaches any provision of this contract, it shall immediately cease the violation and pay the penalty no less than the amount of 6 months’ salaries as well as cost for survey and hiring a lawyer that have been pre-paid by Party A. If the loss incurred to Party A by Party B is more than the penalty, Party B shall compensate for the balance. Party A is entitled to deduct the loss compensation amount from any sum of money to be paid to Party B and to claim compensation from Party B for the shortage part.
Liability for Breach of the Contract. 11.1 Either contracting party has one of the following circumstances, it shall bear liability for breach of the contract to the other party:
Liability for Breach of the Contract. 1. If Party A fails to use the loan for the purpose of borrowing as stipulated in this contract, Party B has the right to withdraw all the loan. For the part that is used for breach of the contract, a penalty interest shall be imposed on the loan interest rate set by the People's Bank of China for the same period.
Liability for Breach of the Contract. 1. Each Party shall be liable to the other Party for any damage as a result of its breach of this Contract.
Liability for Breach of the Contract. 8.1 Chậm Thanh Toán Giá Bán Căn Nhà
Liability for Breach of the Contract. 20.1 In the event of any breach of any Party of its obligations under this Contract or the Articles of Association, the other Party (the "Non-breaching Party") may issue a written warning requiring the Party in breach to remedy such breach within one month from receipt of such warning. In case the Party in breach fails to remedy the breach the Non-breaching Party may, subject to the approval of the relevant authority, terminate the JV Co. and this Contract and/or claim for damages against the Party in breach.
Liability for Breach of the Contract. 1) If the transferor can’t perform this transfer contract or the transferor breaches the contract, the transferor shall compensate the transferee RMB 500,000.
Liability for Breach of the Contract. I. Situations of breach
