Common use of Responsibility for Breach of Contract Clause in Contracts

Responsibility for Breach of Contract. 15.1 After the entry into force of this contract, both parties shall fulfill their obligations under this contract, any failure or incomplete performance of the obligations stipulated in this contract, or breach of the declarations, guarantees and commitments made by either party under this contract, constitutes a breach of contract and shall be liable for breach of contract.

Responsibility for Breach of Contract. 15.1 1. After the entry into force of this contractContract takes effect, both parties shall fulfill their obligations under this contract, any failure or incomplete performance of the obligations stipulated Borrower and the Lender shall perform the obligation specified in this contract, the Contract. Any party which default or breach of incompletely perform the declarations, guarantees and commitments made by either party under this contract, constitutes a breach of contract and obligation specified in the Contract shall be liable bear the corresponding responsibility for breach of contract.. Exhibit 10.8 English translation for convenience purposes only

Responsibility for Breach of Contract. 15.1 After the entry into force of this contract, both parties shall fulfill their obligations under this contract, any failure or incomplete performance of the obligations stipulated in this contract, or breach of the declarations, guarantees and commitments made by either party under this contract, constitutes a breach of contract and shall be liable results in liability for breach of contract.