Liability for Default. 6.1 Where a party fails to fulfil any of its obligations under this Agreement or any representations or guarantees of such party under this Agreement are substantially untrue or inaccurate, such Party shall be in breach of this Agreement and shall be liable for compensation of all losses of other parties. 6.2 Regardless of whether this Agreement is changed, cancelled or terminated, these terms are legally binding.
Appears in 6 contracts
Sources: Exclusive Call Option Agreement (iHuman Inc.), Exclusive Call Option Agreement (iHuman Inc.), Exclusive Call Option Agreement (GSX Techedu Inc.)
Liability for Default. 6.1 9.1 Where a party fails to fulfil any of its obligations under this Agreement or any representations or guarantees of such party under this Agreement are substantially untrue or inaccurate, such Party shall be in breach of this Agreement and shall be liable in full for compensation of all losses of other partiesParty’s actual economic losses; this Article 9 shall not hinder Party A from any other rights under this Agreement.
6.2 9.2 Regardless of whether this Agreement is changed, cancelled canceled or terminated, these terms are this term is legally binding.
Appears in 6 contracts
Sources: Equity Pledge Agreement (iHuman Inc.), Equity Pledge Agreement (iHuman Inc.), Equity Interest Pledge Agreement (GSX Techedu Inc.)