Common use of Liability in the Event of Default Clause in Contracts

Liability in the Event of Default. Both parties shall sufficiently perform their obligations under this Agreement. Either party breaching this Agreement shall bear the liability as arising therefrom and in relation thereto. If such breach causes damages to the other party, the breaching party shall indemnify the other party for all such damages.

Appears in 10 contracts

Samples: Equity Pledge Agreement (Adamant Dri Processing & Minerals Group), Equity Pledge Agreement (Bison Petroleum, Corp.), Equity Pledge Agreement (Bison Petroleum, Corp.)

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