Responsibility of Default. Any one party, who breaks the contract and leads to termination of contract, shall pay 1% of the total contract value as liquidated damages to the other party, and compensate for all the other losses and costs.
Appears in 2 contracts
Samples: Kingold Jewelry, Inc., Kingold Jewelry, Inc.
Responsibility of Default. Any one party, party who breaks the contract and leads to termination of contract, contract shall pay 1% of the total contract value as liquidated damages to the other party, and compensate for all the other losses and costs.
Appears in 2 contracts
Samples: Office Lease (Kingold Jewelry, Inc.), Store Lease (Kingold Jewelry, Inc.)