Liabilities for Breach of the Agreement. 11.1. If Party A fails to pay Party B when it becomes due under the Agreement, any Investment Management Services fee, performance-based bonus or Third Party Cost and Expense incurred by Party B while engaging a third party in Party B's own name in accordance with Section 6.1, Party A shall pay to Party B a sum equal to 0.05% of such amount due for each day that such amount is outstanding until it is paid in full.
Liabilities for Breach of the Agreement. 10.1 If any representations and/or warranties made by any Party hereunder contains, in any material aspects, intentional misrepresentations, omission or misleading statements, or if any Party is in breach of any covenants made therein, or if such Party is in breach of any agreements or other terms hereunder, such Party shall be deemed to have breached this Agreement, and be responsible to indemnify direct damages incurred by the observant Party.
Liabilities for Breach of the Agreement. 5.1 If the Licensee failed to pay the Licensor the License Fee according to the provisions of this Agreement, it shall pay the Licensor the compensation equivalent to the 0.02% of the overdue payment each day.
Liabilities for Breach of the Agreement. In the event that either Party A or Party B violates the above-mentioned clauses, it shall be dealt with based on the administrative authority, and if it is suspected of committing a crime, it shall be transferred to judicial organs for criminal responsibility; if either Party causes economic losses to the other Party, it shall make compensation; apart from that, Party A, as the Buyer (Seller), shall be entitled to reserve the distrust in Party B’s settlement and (engineering) service quality and the right to rescind the Agreement.
Liabilities for Breach of the Agreement. 11.1 Any Party’s violation of the provisions of this Agreement and failure to timely perform any obligation under this Agreement shall constitute a breach of the Agreement.
Liabilities for Breach of the Agreement. 5.1 If the Party B failed to pay Party A the services fee according to the provisions of this Agreement, it shall pay Party A the compensation equivalent to the 0.02% of the overdue payment each day.
Liabilities for Breach of the Agreement. 11.1 Once the Agreement comes into effect, both Party A and Party B shall duly perform their respective obligations under the Agreement. Either Party that fails to perform part or whole of its obligations under the Agreement shall bear the liabilities for breach of the Agreement according to law.
Liabilities for Breach of the Agreement. If Party A should breach this Agreement in any respect, including but limited to Section 3 hereof, Party B shall have the right to require Party A to immediately cease and desist, as well as to immediately cure, any such breach, including but not limited to using a Licensed Patent for his own purposes or permitting the use thereof by a third party; Party B also has the right to terminate the Agreement and demand that Party A pay a default fine in the amount caused by the breach of the Agreement. Party A hereby agrees to pay any such amount within five (5) days of receipt of Party B’s demand therefor.
Liabilities for Breach of the Agreement. 双方同意，如果一方违反其在本协议中所作的陈述或保证，致使另一方遭受任何损失，违约方须赔偿守约方的所有直接损失。 The parties agree that if one party breaches any of its representations and warranties it makes herein thus causes losses to the other party, it is liable for compensation for the direct losses that the other party suffers. 第七条 效力 Article Seven Effectiveness
Liabilities for Breach of the Agreement. 如一方不履行本项目所规定的责任和义务，并在另一方以书面告知 20 天后仍不履行其责任和义务，则另一方有权采取相关措施使本项目得以执行，并向违约方索取由此造成的经济损失。 If either party fails to perform the responsibilities and obligations under the Agreement and still does not fulfill its responsibilities and obligations after receiving a written notice from the other party for 20 days, the other party has the right to take relevant measures to implement the program and claim for the economic loss for the delinquent party. 第九条 争议的解决
