Responsibility for Breach Clause Samples
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Responsibility for Breach. 6.1 Any party who breaches any clause under this Loan Agreement, fails to perform its obligations under this Loan Agreement or makes all or part of the clauses under this Loan Agreement impossible to be executed, shall be responsible for the breach, and shall compensate the loss (including the corresponding fees for litigation and legal counsel) the other party incurred that resulted from such breach; if both parties breach, each party shall bear its responsibilities in according to the actual situation.
Responsibility for Breach. Each Party agrees to be responsible for any breach of this Agreement by any third party to whom such Party has provided Confidential Information, or any portion thereof. If a Party or any third party to whom such Party has provided Confidential Information becomes legally compelled (by oral question, deposition, interrogatory, request for documents, subpoena, civil investigative demand or similar process or by rule, regulation or other applicable law) to disclose any Confidential Information, such Party shall promptly notify the other Party of such requirement before any disclosure is made so that the other Party may seek a protective order or other appropriate remedy or may waive compliance with the terms of this Agreement. If such protective order or other remedy is not obtained, or if a Party waives compliance with the provisions hereof, each Party agrees that only that portion of the Confidential Information which it is legally required to disclose (as advised by a written opinion of counsel) will be disclosed, and each Party agrees to exercise its best efforts to obtain assurance that the Confidential Information will be treated confidentially upon disclosure.
Responsibility for Breach. If this Agreement cannot be performed or cannot be completely performed due to the breach of one party, the breaching party shall bear the responsibility for breach; if both parties are in breach, both parties shall bear their respective responsibility for breach based on the actual situation.
Responsibility for Breach. (1) In case force majeure or other special reasons cause the seller unable to fulfill the contract, the seller should give a timely notice to The buyer. If not, the seller is responsible for the expenses Party spends on preventing expanded losses.
(2) In case the quality of the goods by the seller is below the spec required, the buyer has the right to ask for a lower price or compensation. The Buyer will be responsible for ill-storage and ill-operation.
(3) In case other kinds of breaches occur, the breaching party should compensate the other party for its losses. If both parties breach the contract, each should bear its own responsibility.
Responsibility for Breach. [Reviewer] will be responsible for a breach of this Section 6.9.5 by its officers, directors, employees, agents, representatives or affiliates, including its legal counsel.
Responsibility for Breach. The Asset Representations Reviewer shall be responsible for a breach of this Section 6.9 by its officers, directors, employees, agents, representatives or affiliates, including its legal counsel.
Responsibility for Breach. If the Consultant fails to perform the Services or its other obligations in accordance with this Agreement it shall only be excused from such failure to perform arising as a result of the exercise by CUSTOMER of its rights pursuant to clause 6.3 to the extent the relevant failure would not have occurred but for the exercise by CUSTOMER of its rights under clause 5.3. In any event the Consultant will not be excused the consequences of its own (or another Consultant Party’s) failures to the extent that they result from the acts or omissions of the Consultant (or any other Consultant Party) that occurred before CUSTOMER exercised its rights under clause 5.3, even if the consequences of such acts or omissions continue after the exercise by CUSTOMER of its rights.
Responsibility for Breach. 1. after signing the contract, each party that relieves the contract without proper reason should give the other party 3% of the undone work for compensation.
2. if Party B postpones to carry out the order, it should give Party A 3‰ of the delayed goods for compensation.
3. Party B should give Party A not less than 2% of the price stated in the contract for compensation, if the quality of goods offered by Party B has a bad effect on the production or process of Party A. Besides, Party B should pay for all expenses for exchange of goods.
4. if the counterfeit offered by Party B does not have a bad effect on production, Party A may choose to retain the goods with discount, but Party B should return the balance between the original payment and the discount.
Responsibility for Breach. Each party shall be responsible for any action or omission by any employee or agent of such party, which would be a breach of any terms of this Section as if such person were a party hereto. Each of the parties represents and covenants to the other that its employees and agents have been and shall be advised of their obligations concerning confidentiality of information that has been provided hereunder.
Responsibility for Breach. 7.1 In the event that Party B uses the Premises in breach of this Agreement and fails to take any remedial actions or fails to fully cure its breach within 14 days after receiving the reminder letter of Party A, Party A shall have the right to terminate this Agreement.
7.2 Party B shall vacate the Premises and return it to Party A as of the termination or expiration date of this Agreement and shall not make any delay or claim any rights for any reasons. In the event that Party B fails to vacate and return to Party A the Premises on a timely basis, Party A may impose the penalty in an amount of two times the rent on Party B until Party B vacates the Premises.
7.3 In the event that any party breaches this Agreement, thus prejudicing the rights of the other party, the breaching party shall indemnify the non-breaching party and bear any legal fee and attorney fee calculated at the lowest rate authorized by the tax bureau or any other relevant costs.
7.4 In the event that Party B is delinquent in payment of rent for two months and fails to make such payment upon notice given by Party A, Party A may terminate this Agreement and deem all the properties in the Premises as abandoned without liability to Party.
7.5 In case of breach on the part of one party, the other party may terminate this Agreement and seek indemnification for damages, if any.