Liability for Breach of Agreement. 9.1 The Parties agree and confirm that, if either Party is in breach of any provisions herein or fails to perform its obligations hereunder, such breach or failure shall constitute a default under this Agreement, which shall entitle the non-defaulting Party to request the defaulting Party to rectify or remedy such default with a reasonable period of time. If the defaulting Party fails to rectify or remedy such default within the reasonable period of time or within 10 days of non-defaulting Party’s written notice requesting for such rectification or remedy, then the non-defaulting Party shall be entitled to elect the following remedial actions:
Appears in 11 contracts
Samples: Voting Rights Proxy and Financial Supporting Agreement (China Xiangtai Food Co., Ltd.), Voting Rights Proxy and Financial Supporting Agreement (Hywin Holdings Ltd.), Voting Rights Proxy and Financial Supporting Agreement (China Xiangtai Food Co., Ltd.)
Liability for Breach of Agreement. 9.1 8.1 The Parties agree and confirm that, if either Party is in breach of any provisions herein or fails to perform its obligations hereunder, such breach or failure shall constitute a default under this Agreement, which shall entitle the non-defaulting Party to request the defaulting Party to rectify or remedy such default with a reasonable period of time. If the defaulting Party fails to rectify or remedy such default within the reasonable period of time or within 10 days of non-defaulting Party’s written notice requesting for such rectification or remedy, then the non-defaulting Party shall be entitled to elect the following remedial actions:
Appears in 3 contracts
Samples: Shareholders Voting Proxy Agreement (EHang Holdings LTD), Shareholders Voting Proxy Agreement (EHang Holdings LTD), Shareholders Voting Proxy Agreement (EHang Holdings LTD)