Common use of Responsibilities of Both Parties Clause in Contracts

Responsibilities of Both Parties. 6.1 Once this Agreement takes effect, neither party may rescind the Agreement without cause, otherwise the party rescinding the Agreement without cause shall pay the other party 10% of the total contract amount as liquidated damages.

Appears in 3 contracts

Samples: Advertising Promotion Entrustment Agreement (Blue-Touch Holdings Group Co., LTD), Promotion Entrustment Agreement (Blue-Touch Holdings Group Co., LTD), Entrustment Agreement (Blue-Touch Holdings Group Co., LTD)

AutoNDA by SimpleDocs

Responsibilities of Both Parties. 6.1 Once this Agreement takes effect, neither party may rescind the Agreement without cause, otherwise the party rescinding the Agreement contract without cause shall pay the other party 10% of the total contract amount price as liquidated damages.

Appears in 1 contract

Samples: Promotion Entrustment Agreement (Blue-Touch Holdings Group Co., LTD)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.