Common use of Principle to Deal with Breach Clause in Contracts

Principle to Deal with Breach. 9.1.1 Any Party’s failure to perform its obligations under this Contract or perform its obligations according to this Contract shall be deemed as a breach of contract. The defaulting Party shall be liable to continue to perform or take any remedial steps or compensate any loss for the non-defaulting Party. 9.1.2 Where a Party breaches the Contract, the other Party shall take any proper measure to prevent losses from aggravating. If such Party fails to take proper measures, resulting in the aggravation of losses, it shall not claim any compensation against the defaulting Party in respect of such aggravated losses.

Appears in 5 contracts

Samples: Power Purchase and Sale Contract (China Hydroelectric Corp), Power Purchase and Sale Contract (China Hydroelectric Corp), Power Purchase and Sale Contract (China Hydroelectric Corp)

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Principle to Deal with Breach. 9.1.1 Any Party’s failure to perform its obligations under this Contract or perform its obligations according to this Contract shall be deemed as a breach of contract. The defaulting Party shall be liable to continue to perform or take any remedial steps or compensate any loss for the non-defaulting Party. 9.1.2 Where a Party breaches the Contract, the other Party Parties shall take any proper measure to prevent losses from aggravating. If such Party fails to take proper measures, resulting in the aggravation of losses, it shall not claim any compensation against the defaulting Party in respect of such aggravated losses.

Appears in 1 contract

Samples: Power Purchase Contract (China Hydroelectric Corp)

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