Common use of Party B’s liability for breach of contract Clause in Contracts

Party B’s liability for breach of contract. (1) If Party A terminates the contract under the circumstances agreed with Party B in Article 11.2 of this contract, Party B shall pay liquidated damages to Party A according to the standard of the monthly rental amount of the contract. If the liquidated damages paid are insufficient to offset the losses of Party A, Party B shall also be responsible for compensation.

Appears in 2 contracts

Samples: Shenzhen House Lease (Loha Co. Ltd.), Shenzhen House Lease (Loha Co. Ltd.)

AutoNDA by SimpleDocs

Party B’s liability for breach of contract. (1) If Party A terminates the contract under B has the circumstances agreed with Party B stipulated in Article 11.2 of this contract and Party A terminates the contract, Party B shall pay Party A liquidated damages to Party A according to the standard of the monthly rental rent amount of the contract. If the liquidated damages paid are insufficient to offset the losses of cover Party A’s losses, Party B shall also be responsible for compensation.

Appears in 1 contract

Samples: Meiwu Technology Co LTD

AutoNDA by SimpleDocs

Party B’s liability for breach of contract. (1) If Party A terminates the contract under the circumstances agreed with Party B Contract as stipulated in Article 11.2 of this contract11.2, Party B shall pay liquidated damages to Party A according to the standard of the monthly rental rent amount of the contract. If the liquidated damages paid are insufficient to offset the losses of Party party A’s losses, Party B shall also be responsible for the compensation.

Appears in 1 contract

Samples: Pop Culture Group Co., LTD

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