Common use of Breach Liability Clause in Contracts

Breach Liability. 6.1 Each of the Parties will be in breach of this Agreement and liable for any and all losses incurred by the other Party if it fails to perform any of its obligations under this Agreement or any of its representations or warranties under this Agreement is untrue or incorrect. 6.2 Breach of this Agreement by Party B will constitute breach of any and all relevant agreements. For purpose of this Agreement, relevant agreements mean any and all agreements listed under Schedule I attached hereto as well as any of its supplements and amendments.

Appears in 2 contracts

Sources: Intellectual Property Transfer Agreement (Chukong Holdings LTD), Intellectual Property Transfer Agreement (Chukong Holdings LTD)

Breach Liability. 6.1 Each 4.1 This Agreement is binding upon and enforceable against each of the Parties will Parties. If any Party fails to perform any of its obligations or liabilities under this Agreement, or any of its representations or warranties is untrue or has material omission, such Party shall be deemed to in breach of this Agreement and liable for any loss and all losses damages incurred by the any other Party if it fails to perform any of its obligations under this Agreement or any of its representations or warranties under this Agreement is untrue or incorrectarising from such breach. 6.2 Breach 4.2 Any termination, cancelation or invalidity of this Agreement by Party B for any reason will constitute breach of any and all relevant agreements. For purpose not affect the effect of this Agreement, relevant agreements mean any and all agreements listed under Schedule I attached hereto as well as any of its supplements and amendmentsArticle 4.

Appears in 2 contracts

Sources: Equity Transfer Agreement (E-House (China) Holdings LTD), Debt Restructuring Agreement (E-House (China) Holdings LTD)