Common use of Liability for Breach of Contract Clause in Contracts

Liability for Breach of Contract. When this Contract becomes effective, Party A and Party B shall perform the obligations specified in this Contract. Any party which fails to wholly or partly perform its obligations specified herein or violates its representations, warranties and commitments made hereunder shall undertake relevant liabilities for breach of contract and make compensation for losses caused to the other party.

Appears in 6 contracts

Samples: Highpower International, Inc., Highpower International, Inc., Highpower International, Inc.

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Liability for Breach of Contract. When this Contract becomes effective, 4.1. Both Party A and Party B shall perform the stipulate their respective obligations specified in accordance with this Contractcontract. Any If either party which fails to wholly or partly perform its obligations specified herein as stipulated in this contract or violates fails to perform its representationsobligations or causes this agreement to fail to be fulfilled, warranties and commitments made hereunder shall undertake relevant liabilities for For breach of contract and make compensation contract, the defaulting party shall, in accordance with this contract, direct the compensate the observant party for losses caused to the other partyloss.

Appears in 4 contracts

Samples: Service Distribution Agreement (Leaping Group Co., Ltd.), Leaping Group Co., Ltd., Leaping Group Co., Ltd.

Liability for Breach of Contract. When 10.1 After this Contract becomes effectivecontract comes into effect, Party A and Party B shall perform fulfill the obligations specified in of this Contractcontract. Any Where one party which fails to wholly perform or partly perform its completely fulfill the obligations specified herein or violates its representationsof this contract, warranties and commitments made hereunder the defaulting party shall undertake relevant liabilities bear the corresponding liability for breach of contract contract, and make compensation for compensate the losses caused to the other party.

Appears in 3 contracts

Samples: Highpower International, Inc., Highpower International, Inc., Highpower International, Inc.

Liability for Breach of Contract. When 1. After this Contract becomes effectiveagreement takes effect, if Party A and Party B shall perform the obligations specified in this Contract. Any party which fails to wholly or partly perform its obligations specified herein or violates its representationsin accordance with the agreement, warranties and commitments made hereunder it shall undertake relevant liabilities bear the corresponding liability for breach of contract and make compensation contract. Party A shall be responsible for losses caused the relevant taxes (value- added tax, enterprise income tax, surtax, etc.) incurred by Party B due to Par- ty A’s failure to repay the other party.loan on schedule. 第 3 页 共 0 页

Appears in 2 contracts

Samples: Loan Agreement (Harmony Energy Technologies Corp), Loan Agreement (Harmony Energy Technologies Corp)

Liability for Breach of Contract. When After this Contract becomes effectivecontract comes into force, Party A and Party B both parties shall perform the their obligations specified in under this Contractcontract. Any party which fails to wholly Either party’s failure or partly perform its obligations specified herein or violates its representations, warranties incomplete performance of this contract shall constitute a breach of contract and commitments made hereunder shall undertake relevant liabilities be liable for breach of contract in accordance with the provisions of law and make compensation for losses caused this contract. When Party A breaches the contract, Party B shall have the right to take the other party.following measures:

Appears in 1 contract

Samples: Extension Agreement (MingZhu Logistics Holdings LTD)

Liability for Breach of Contract. When this Contract becomes effective, 4.1. Both Party A and Party B shall perform the stipulate their respective obligations specified in accordance with this Contractcontract. Any If either party which fails to wholly or partly perform its obligations specified herein as stipulated in this contract or violates fails to perform its representationsobligations or causes this agreement to fail to be fulfilled, warranties and commitments made hereunder shall undertake relevant liabilities for For breach of contract and make compensation contract, the defaulting party shall, in accordance with this contract, direct the compensate the observant Party for losses caused to the other partyloss.

Appears in 1 contract

Samples: Leaping Group Co., Ltd.

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Liability for Breach of Contract. When this Contract becomes effective, 1. Both Party A and Party B shall fully perform the this contract. If either party fails to fulfill its obligations specified as stipulated in this Contract. Any party which fails to wholly or partly perform its obligations specified herein or violates its representationscontract, warranties and commitments made hereunder it shall undertake relevant liabilities bear the liability for breach of contract as stipulated under this contract. At the same time, the breaching party shall also compensate the aggrieved party for any losses incurred, including but not limited to direct economic losses, indirect economic losses, legal fees, investigation and make compensation for losses caused to the other partyevidence collection fees, litigation/arbitration fees, travel expenses, etc.

Appears in 1 contract

Samples: Purchase Agreement (NetClass Technology Inc)

Liability for Breach of Contract. When this 11.1 After the Contract becomes effectivecomes into effect, Party A and Party B shall perform respectively the obligations specified agreed in this Contract. Any party which fails The Party who has failed to wholly perform the agreed obligations hereunder entirely or partly perform its obligations specified herein or violates its representations, warranties and commitments made hereunder partially shall undertake relevant liabilities bear the liability for breach of contract and make compensation for losses caused the Contract according to the other partylaw.

Appears in 1 contract

Samples: Synthesis Energy Systems Inc

Liability for Breach of Contract. 10.1 When this Contract becomes effective, Party A and Party B shall actively perform the their obligations specified in this Contractherein. Any Either party which fails to wholly does not perform all or partly perform part of its obligations specified herein or violates its representations, warranties and commitments made hereunder shall undertake relevant liabilities assume liability for breach of contract and make compensation for losses caused to the other partyby law.

Appears in 1 contract

Samples: Highpower International, Inc.

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