Common use of Liabilities for Breach of Contract Clause in Contracts

Liabilities for Breach of Contract. 9.1 The Borrowers irrevocably undertake that if the Lender suffers or incurs any action, charge, claim, cost, damage, request, expense, liability, loss or proceeding due to their breach of any obligation hereunder, they shall be liable for corresponding damages to the Lender. The Borrowers further acknowledge and agree that their breach of Article 7 hereof shall constitute a material breach of this Agreement.

Liabilities for Breach of Contract. 9.1 8.1 The Borrowers irrevocably undertake that promise that, if the Lender suffers or incurs any action, charge, claim, cost, damage, request, expense, liability, loss or proceeding due to their the breach of the Borrowers of any obligation of their obligations hereunder, they shall be liable for the Borrowers will assume corresponding damages liability to compensate the Lender. The Borrowers further acknowledge and agree that their breach of Article 7 hereof shall constitute a material breach of this Agreement.

Liabilities for Breach of Contract. 9.1 The Borrowers Borrower irrevocably undertake undertakes that if the Lender suffers or incurs any action, charge, claim, cost, damage, request, expense, liability, loss or proceeding due to their breach of any obligation hereunder, they he shall be liable for corresponding damages to the Lender. The Borrowers Borrower further acknowledge acknowledges and agree agrees that their his breach of Article 7 hereof shall constitute a material breach of this Agreement.

Liabilities for Breach of Contract. 9.1 8.1 The Borrowers irrevocably undertake Borrower undertakes that if the Lender suffers or incurs any action, charge, claim, cost, damage, requestdemand, expensefees, liabilityliabilities, loss or and proceeding due to their breach the Borrower’s violation of any obligation of its obligations hereunder, they shall be liable for corresponding damages to the Lender. The Borrowers further acknowledge and agree that their breach of Article 7 hereof shall constitute a material breach of this AgreementBorrower will indemnify the Lender accordingly.