Breach of Promise Clause Samples

The Breach of Promise clause defines the consequences and remedies available if one party fails to fulfill a commitment or obligation outlined in the agreement. Typically, this clause outlines what constitutes a breach, the process for notifying the breaching party, and the potential for damages or specific performance as remedies. Its core practical function is to provide a clear framework for addressing unfulfilled promises, thereby protecting the interests of the non-breaching party and encouraging compliance with the contract.
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Breach of Promise. The Company has committed a material breach of its obligations under this Agreement.
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Breach of Promise. The Company fails to pay you any present or deferred compensation within seven days after it is due.
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Breach of Promise. The Company fails to cure its material breach of this Agreement within thirty business days after I give it written notice thereof.
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Breach of Promise. A material breach of this Agreement by the ----------------- Company, including the Company's failure to pay me any present or deferred compensation within 7 days after such payment is due to me.
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Breach of Promise. The Company materially breaches this Agreement or fails to pay Executive any present or deferred compensation within 7 days after it is due.
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Breach of Promise. Employer materially breaches this Agreement or fails to pay Executive any compensation within ten (10) days after it is due, for any reason other than Employer’s failure was due to incidents beyond Employer’s control—which may include, but are in no way limited to: (i) Computer or network problems with Employer’s or a vendor’s payroll software program; (ii) destruction of Employer’s corporate office or business interruption due to fire, flood, natural disaster, riot, other incidents of calamity, terrorism, or acts of war; and/or (iii) acts of God.
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Breach of Promise. The Company materially breaches this Agreement; or
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Breach of Promise. The Company materially breaches this Agreement or fails to deliver to me any cash or equity compensation within 30 days after it is due.
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Related to Breach of Promise

  • Breach of Agreement Failure by the party to comply with or perform any agreement or obligation (other than an obligation to make any payment under this Agreement or delivery under Section 2(a)(i) or 2(e) or to give notice of a Termination Event or any agreement or obligation under Section 4(a)(i), 4(a)(iii) or 4(d)) to be complied with or performed by the party in accordance with this Agreement if such failure is not remedied on or before the thirtieth day after notice of such failure is given to the party;

  • Breach of Covenant The Borrower breaches any material covenant or other term or condition of this Note in any material respect and such breach, if subject to cure, continues for a period of seven (7) days after written notice to the Borrower from the Holder.

  • Breach of Obligations The Parties acknowledge that a breach of any of the obligations contained herein would result in injuries. The Parties further acknowledge that the amount of the liquidated damages or the method of calculating the liquidated damages specified in this Agreement is a genuine and reasonable pre-estimate of the damages that may be suffered by the non-defaulting party in each case specified under this Agreement.

  • Breach of Covenants If the Company breaches any of the covenants set forth in this Section 4, and in addition to any other remedies available to the Buyer pursuant to this Agreement, it will be considered an event of default under Section 3.4 of the Note.

  • Breach of the Agreement The Beneficiary commits a material breach of its obligations under this Agreement;