Breach of faith. 1. Both the Pledgee and the Xxxxxxx shall abide by the contract after it becomes effective. Otherwise, the party who breaks the contract shall take the sole responsibility of the compensation to another party.
Appears in 3 contracts
Samples: Pledge Contract (BTHC XV, Inc.), Loan Contract (BTHC XV, Inc.), Loan Contract (BTHC XV, Inc.)
Breach of faith. 1. Both the Pledgee and the Xxxxxxx Pxxxxxx shall abide by the contract after it becomes effective. Otherwise, the party who breaks the contract shall take the sole responsibility of the compensation to another party.
Appears in 1 contract
Samples: Pledge Contract (BTHC XV, Inc.)
