Common use of Liabilities for Breach of Contract Clause in Contracts

Liabilities for Breach of Contract. 11.1 The Parties agree and acknowledge that if either Party (“Breaching Party”) materially breaches any covenant hereunder, or fails or delays to perform any material obligation hereunder, it will constitute a breach of this Agreement (“Breach”), and each of the other Parties (“Non-breaching Parties”) has the right to request the Breaching Party to correct or take remedial measures within a reasonable period. If the Breaching Party fails to do so within a reasonable period or ten (10) days after the Non-breaching Parties give a written notice requesting correction, then:

Appears in 8 contracts

Samples: Exclusive Option Agreement (Xpeng Inc.), Exclusive Option Agreement (Xpeng Inc.), Exclusive Option Agreement (Xpeng Inc.)

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Liabilities for Breach of Contract. 11.1 9.1 The Parties agree and acknowledge that if either Party (“Breaching Party”) materially breaches any covenant provision hereunder, or fails or delays to perform any material obligation hereunder, it will constitute a breach of this Agreement (“Breach”), and each of the other Parties (“Non-breaching Parties”) has the right to request the Breaching Party to correct or take remedial measures within a reasonable period. If the Breaching Party fails to do so within a reasonable period or ten (10) days after the Non-breaching Parties give a written notice requesting correction, then:

Appears in 8 contracts

Samples: Xpeng Inc., Xpeng Inc., Xpeng Inc.

Liabilities for Breach of Contract. 11.1 9.1 The Parties agree and acknowledge that if either Party (“Breaching Party”) materially breaches any covenant provision hereunder, or fails or delays to perform any material obligation hereunder, it will constitute a breach of this Agreement (“Breach”), and the each of the other Parties (“Non-breaching Parties”) has the right to request the Breaching Party to correct or take remedial measures within a reasonable period. If the Breaching Party fails to do so within a reasonable period or ten (10) days after the Non-breaching Parties give a written notice requesting correction, then:

Appears in 1 contract

Samples: Voting Rights Proxy Agreement (Onion Global LTD)

Liabilities for Breach of Contract. 11.1 The Parties agree and acknowledge that if either any Party (“Breaching Party”) materially breaches any covenant hereunder, or fails to materially perform or delays to perform in performing any material obligation hereunder, it will constitute a breach of this Agreement (“Breach”), and each of the other Parties (“Non-breaching PartiesParty”) has shall have the right to request the Breaching Party to correct or take remedial measures within a reasonable period. If the Breaching Party fails to do so within a reasonable period or ten (10) days after the Non-breaching Parties give Party gives a written notice requesting correction, then:

Appears in 1 contract

Samples: Exclusive Call Option Agreement (Onion Global LTD)

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Liabilities for Breach of Contract. 11.1 10.1 The Parties agree and acknowledge that if either Party (“Breaching Party”) materially breaches any covenant hereunder, or fails or delays to perform any material obligation hereunder, it will constitute a breach of this Agreement (“Breach”), and each of the other Parties Party (“Non-breaching PartiesParty”) has the right to request the Breaching Party to correct or take remedial measures within a reasonable period. If the Breaching Party fails to do so within a reasonable period or ten (10) days after the Non-breaching Parties give Party gives a written notice requesting correction, then:

Appears in 1 contract

Samples: Exclusive Business Cooperation Agreement (Onion Global LTD)

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