Common use of Default Responsibility Clause in Contracts

Default Responsibility. 5.1 各方均应诚实、全面、适当履行本协议。 The parties should honestly, comprehensively, properly execute this agreement. 5.2 任何一方不履行或不完全履行本协议,给守约方造成损失的,应当赔偿守约方的全部损失。 Each party shall indemnify the observant part against any loss which such party shall incur as a consequence of fail to perform or incompletely perform this agreement.

Appears in 3 contracts

Sources: Exclusive Option Agreement (Zhongchao Inc.), Exclusive Option Agreement (Zhongchao Inc.), Exclusive Option Agreement (Fuqin Fintech LTD)