Default Responsibility. 5.1 各方均应诚实、全面、适当履行本协议。 The parties should honestly, comprehensively, properly execute this agreement.
Default Responsibility. 20.1 In case Party A or Party B violates the obligation agreed in the Contract, the party concerned should bear the corresponding default responsibility.
Default Responsibility. If Party B fails to pay the License Fee as scheduled in accordance with the provision hereunder, Party A is entitled to issue a written reminder to remind Party B to pay the outstanding License Fee, and Party B is entitled to collect a 3% of the relevant outstanding License Fee as the default fine. Except as otherwise provided in this Agreement, either party of this Agreement fails to perform the obligations under this Agreement or fails to perform the obligations in comply with the relevant provisions of this Agreement, shall, at the request of the non-defaulting party, to continue perform, or to adopt remedy measure and to compensate the actual loss caused to the non-defaulting party.
Default Responsibility. 11.1 The Parties agree and confirm that if any Party (hereinafter referred to as the “Defaulting Party”) materially violates any article under this Agreement, or materially fails to perform any of its obligations under this Agreement, the party shall be deemed to have constituted a breach of contract under this Agreement (hereinafter referred to as “Default”). In this case, the observant Party shall have the right to request the Defaulting Party to make corrections or take remedial measures within a reasonable time limit. If the Defaulting Party fails to make corrections or take remedial measures within a reasonable time limit or within 15 days after the observant Party has notified the Defaulting Party in writing and requested corrections, the observant Party would have the right to require the Defaulting Party to perform its obligations under this Agreement and request the Defaulting Party to pay all damages.
Default Responsibility. 11.1. While the contract becomes effective, the both parties should perform the obligation of this contract. Any party who does not perform or absolutely perform the obligation of this contract should bear the default responsibility legally.
Default Responsibility. If any of the two parties breaches the Agreement, the defaulting party shall compensate the observant party for all the losses incurred by the default.
Default Responsibility. 3 If Party B does not transfer the share transference price to Party A according to this agreement, Party B should continue to carry out the liabilities in this agreement.
Default Responsibility. 6.1 In case of loss of Party A's reputation caused by the reason attributable to Party B, Party B shall pay Party A RMB[Two Hundred Thousand] only as liquidated damages within 5 days starting from the date of causing Party A's loss, and Party A is also entitled to unilaterally rescind this Contract;
Default Responsibility. Party A breaches the contract under the following situations:
Default Responsibility. In case of default, the breaching party shall pay the other party 5% of the contractual amount as liquidated damages.
