Common use of liability for breach contract Clause in Contracts

liability for breach contract. 6.1. If Atke fails to complete the work within one month after receiving the requirements from BGIN, fails to obtain confirmation for any milestone, or breaches the terms of this contract, BGIN may unilaterally terminate the contract. In such case, Atke shall pay 10% of the total project amount. If the actual losses incurred by Atke to BGIN exceed the aforementioned penalty amount, Atke shall compensate BGIN for the actual losses suffered. [***] R&D Agreement

liability for breach contract. 6.1. If Atke fails to complete the work within one month after receiving the requirements from BGIN, fails to obtain confirmation for any milestone, or breaches the terms of this contract, BGIN may unilaterally terminate the contract. In such case, Atke shall pay 10% of the total project amount. If the actual losses incurred by Atke to BGIN exceed the aforementioned penalty amount, Atke shall compensate BGIN for the actual losses suffered. [***] R&D Agreement.