Common use of Liability Generally Clause in Contracts

Liability Generally. Subject to the specific provisions of this SECTION 16, it is the intent of the Parties that each Party shall be liable to the other Party for any actual damages incurred by the Non-Breaching Party as a result of the Breaching Party's failure to perform its obligations in the manner required by this Agreement and failure to cure such nonperformance as set forth in SECTION 18.1.2.

Appears in 2 contracts

Samples: Fixed Point Microwave Services Agreement (Pathnet Inc), Security Agreement (Pathnet Inc)

AutoNDA by SimpleDocs

Liability Generally. Subject to the specific provisions of this SECTION 16, it is the intent of the Parties that each Party shall be liable to the other Party for any actual damages incurred by the Non-Breaching Party as a result of the Breaching Party's failure to perform its obligations in the manner required by breach of this Agreement by the other Party and failure to cure such nonperformance breach as set forth in SECTION 18.1.217.1.2.

Appears in 2 contracts

Samples: Escrow Agreement (Pathnet Inc), Fixed Point Microwave Services Agreement (Pathnet Inc)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.