Common use of Liability for Default Clause in Contracts

Liability for Default. 4.1 If Borrower conducts any material breach of any term of this Agreement, Lender shall have right to terminate this Agreement and require the Borrower to compensate all damages; this Section 4.1 shall not prejudice any other rights of Lender herein. 4.2 If Lender conducts any breach of any term of this Agreement, Borrower shall not terminate this Agreement in any event unless otherwise required by applicable laws. 4.3 In the event that Borrower fails to perform the repayment obligations set forth in this Agreement, Borrower shall pay overdue interest of 0.01% per day for the outstanding payment, until the day Borrower repays the full principal of the Loan, overdue interests and other payable amounts.

Liability for Default. 4.1 5.1 If the Borrower conducts commits any material breach of any term of this Agreement, the Lender shall have the right to terminate this Agreement and require the Borrower to compensate pay for all damages; this Section 4.1 5.1 shall not be without prejudice to any other rights of the Lender herein. 4.2 If Lender conducts any breach of any term of this Agreement, 5.2 The Borrower shall not have no right to terminate this Agreement in any event unless otherwise required by the applicable laws. 4.3 5.3 In the event that the Borrower fails to perform the repayment obligations set forth in this Agreement, the Borrower shall pay an overdue interest of 0.01% per day for the outstanding payment, until the day the Borrower repays the full principal of the Loan, overdue interests and other payable amounts.

Liability for Default. 4.1 If Borrower conducts any material breach of any term of this Agreement, Lender shall have right to terminate this Agreement and require the Borrower to compensate all damages; this Section 4.1 shall not prejudice any other rights of Lender herein. 4.2 If Lender conducts any breach of any term of this Agreement, Borrower shall not terminate this Agreement in any event unless otherwise required by applicable laws. 4.3 In the event that Borrower fails to perform the repayment obligations set forth in this Agreement, Borrower shall pay overdue interest of 0.010.04.5% per day for the outstanding payment, until the day Borrower repays the full principal of the Loan, overdue interests and other payable amounts.