Common use of Liability of Breach Clause in Contracts

Liability of Breach. The Breaching Party shall compensate other parties for all direct loss, damages, fees or liabilities. If all parties have faults, each party shall bear its respect obligation and loss. For avoidance of doubt, under any circumstances the Breaching Party shall not compensate any consequential or accidental loss, damages or profit loss.

Appears in 4 contracts

Samples: Capital Increase and Stock Transfer Agreement, Capital Increase and Stock Transfer Agreement (NQ Mobile Inc.), Stock Transfer Agreement (NQ Mobile Inc.)

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