Common use of Compensation for Damage Clause in Contracts

Compensation for Damage. All the parties agree that any party violating any obligation of the agreement shall compensate any or all loss, responsibility, expense, claim or expenditure (including legal expense and expenditure), to any other party (Hereinafter “Party Accepting Compensation”), and guarantee that the Party Accepting Compensation shall not receive any damage.

Appears in 6 contracts

Samples: Business Operation Agreement (eLong, Inc.), Business Operation Agreement (eLong, Inc.), Business Operation Agreement (eLong, Inc.)

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Compensation for Damage. All the parties agree that any party violating any obligation of the agreement shall compensate any or all loss, responsibility, expense, claim or expenditure (including without limitation to legal expense and expenditure), to any other party (Hereinafter “Party Accepting Compensation”), and guarantee that the Party Accepting Compensation shall not receive any damage.

Appears in 5 contracts

Samples: Business Operation Agreement (eLong, Inc.), Business Operation Agreement (eLong, Inc.), Business Operation Agreement (eLong, Inc.)

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Compensation for Damage. All the parties agree that any party violating any obligation of the agreement shall compensate any or all loss, responsibility, expense, claim or expenditure (including legal expense and expenditure), to any other party (Hereinafter hereinafter “Party Accepting Compensation”), and guarantee that the Party Accepting Compensation shall not receive any damage.

Appears in 1 contract

Samples: Cooperative Agreement (eLong, Inc.)

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