Common use of Liability of Default Clause in Contracts

Liability of Default. It constitutes default under this Agreement if either party make any false, misleading or untrue representations and/or violates any of its representations, warranties or covenants, or fails to perform any of its responsibilities or obligations hereunder as required herein. The default party shall, as requested by the other party, continue to perform its obligations, take remedial measures or pay to the non-default party the full and sufficient damages.

Appears in 6 contracts

Samples: Assets Transfer Agreement (Youdao, Inc.), Domain Name Transfer Agreement (Youdao, Inc.), Domain Name Transfer Agreement (Youdao, Inc.)

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