Liabilities for Breach. (1) In the event of any breach by either Party, the breaching Party shall be liable to the non-breaching Party for its breach, and shall indemnify the latter for the losses caused by such breach. The non-breaching Party may give the breaching Party reasonable opportunity to cure.
Appears in 7 contracts
Samples: Exclusive Technical Service Agreement (Acorn International, Inc.), Exclusive Technical Service Agreement (Acorn International, Inc.), Exclusive Technical Service Agreement (Acorn International, Inc.)
Liabilities for Breach. 8.1 If a Party (1the “Breaching Party”) In breaches any provision(s) of this Agreement and such breach causes any damage to the event of any breach by either other Party, the breaching Breaching Party shall be liable bear the corresponding indemnification liability to the nondamaged Party (the “Non-breaching Party”) in connection with such breach. In particular, the Breaching Party shall indemnify the Non-breaching Party for its breach, and shall indemnify the latter for the losses caused (including but not limited to diminution in value), liabilities and expenses suffered or incurred by such breach. The nonthe Non-breaching Party may give as a result of the breaching Party reasonable opportunity to cure.following matters, if any:
Appears in 1 contract