Common use of Fault Clause in Contracts

Fault. 9.1 Any of the following shall be deemed a fault: (i) A Party hereto materially breaches its contract with a third party and thus causes material damage to such third party, and the situation remains unchanged for 60 days; (ii) A Party will go bankrupt.

Appears in 6 contracts

Samples: Software Distribution and License Agreement (Giant Interactive Group Inc.), Online Game Software Distribution and License Agreement (Giant Interactive Group Inc.), Software Distribution and License Agreement (Giant Interactive Group Inc.)

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Fault. 9.1 10.1 Any of the following shall be deemed a fault: (i) A Party hereto materially breaches its contract with a third party and thus causes material damage to such third party, and the situation remains unchanged for 60 days; (ii) A Party will go bankrupt.

Appears in 3 contracts

Samples: Platform Software License Agreement (Giant Interactive Group Inc.), User Platform Software Distribution and License Agreement (Giant Interactive Group Inc.), User Platform Software Distribution and License Agreement (Giant Interactive Group Inc.)

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