Breach of Contract Liability. 6.1 In the event that either party violates the provisions of this contract, they shall bear the corresponding breach of contract liability and compensate the other party for any losses incurred as a result. 6.2 In the event of a breach by either party, the other party shall have the right to terminate this contract and demand the breaching party to pay a penalty for the breach. The amount of corresponding breach is 10% of the total price of the BTC quantity of this contract, i.e., $18,000,000 (6000BTC*30000$/BTC*10%=18,000,000$).
Appears in 2 contracts
Sources: BTC Trading Contract (Next Technology Holding Inc.), BTC Trading Contract (Next Technology Holding Inc.)
Breach of Contract Liability. 6.1 5.1 In the event that either party violates the provisions of this contract, they shall bear the corresponding breach of contract liability and compensate the other party for any losses incurred as a result.
6.2 5.2 In the event of a breach by either party, the other party shall have the right to terminate this contract and demand the breaching party to pay a penalty for the breach. .The amount of corresponding breach is 10% of the total price of the BTC quantity of this contract, i.e., $18,000,000 (6000BTC*30000$/BTC*10%=18,000,000$).
Appears in 2 contracts
Sources: Amendment Agreement (Next Technology Holding Inc.), BTC Trading Contract (Next Technology Holding Inc.)
Breach of Contract Liability. 6.1 5.1 In the event that either party violates the provisions of this contract, they shall bear the corresponding breach of contract liability and compensate the other party for any losses incurred as a result.
6.2 5.2 In the event of a breach by either party, the other party shall have the right to terminate this contract and demand the breaching party to pay a penalty for the breach. The amount of corresponding breach is 10% of the total price of the BTC quantity of this contract, i.e., $18,000,000 (6000BTC*30000$/BTC*10%=18,000,000$).
Appears in 1 contract
Sources: BTC Trading Contract (Next Technology Holding Inc.)
Breach of Contract Liability. 6.1 5.1 In the event that either party violates the provisions of this contract, they shall bear the corresponding breach of contract liability and compensate the other party for any losses incurred as a result.
6.2 5.2 In the event of a breach by either party, the other party shall have the right to terminate this contract and demand the breaching party to pay a penalty for the breach. .The amount of corresponding breach is 10% of the total price of the BTC quantity of this contract, i.e., $18,000,000 (（6000BTC*30000$/BTC*10%=18,000,000$).
Appears in 1 contract