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 damages to the other party, and compensate for all the other losses and costs.
Appears in 2 contracts
Samples: Store Lease (Kingold Jewelry, Inc.), Office Lease (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 Building Leasing Contract (Kingold Jewelry, Inc.), Office Building Leasing Contract (Kingold Jewelry, Inc.)
