Penalty for Breach. In case of circumvention, the Parties agree and guarantee that they will pay a legal monetary penalty that is equal to three (3) times the commission or fee the circumvented Party should have realized in such transactions, by the person(s) or entity(ies) engaged on the circumvention for each occurrence.7.
Appears in 4 contracts
Samples: Non Circumvention Agreement, NCND Agreement, Ncnda Agreement