Common use of Liability for Default Clause in Contracts

Liability for Default. 5.1 In the event either Party breaches this Agreement or otherwise causes the non-performance of this Agreement in part or in whole, the Party shall be liable for such breach and shall compensate all damages (including litigation and attorneys fees) resulting therefrom. In the event that both Parties breach this Agreement, each Party shall be liable for its respective breach.

Appears in 23 contracts

Samples: Loan Agreement (CooTek(Cayman)Inc.), Loan Agreement (CooTek(Cayman)Inc.), Loan Agreement (CooTek(Cayman)Inc.)

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Liability for Default. 5.1 In the event either a Party breaches this Agreement or otherwise causes the non-performance of this Agreement in part or in whole, the such Party shall be liable for such breach and shall compensate all damages (including litigation and attorneys fees) resulting therefrom. In the event that both Parties breach this Agreement, each Party shall be liable for its respective breach.

Appears in 4 contracts

Samples: Loan Agreement (Asiainfo Holdings Inc), Loan Agreement (Asiainfo Holdings Inc), Loan Agreement (Asiainfo Holdings Inc)

Liability for Default. 5.1 4.1 In the event either Party breaches this Agreement or otherwise causes the non-performance of this Agreement in part or in whole, the Party shall be liable for such breach and shall compensate all damages (including litigation and attorneys fees) resulting therefrom. In the event that both Parties breach this Agreement, each Party shall be liable for its respective breach.

Appears in 2 contracts

Samples: Loan Agreement (ChinaCache International Holdings Ltd.), Loan Agreement (MOQIZONE HOLDING Corp)

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Liability for Default. 5.1 In the event either Party breaches this Agreement or otherwise causes the non-performance of this Agreement in part or in whole, the Party shall be liable for such breach and shall compensate all damages (including litigation includinglitigation and attorneys fees) resulting therefrom. In the event that both Parties bothParties breach this Agreement, each Party shall be liable for its respective itsrespective breach.

Appears in 1 contract

Samples: Exclusive Option Agreement (Greenpower International Group LTD)

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