Liability for Breach definition

Liability for Breach. This agreement has legally binding effect. Both parties shall jointly abide by this agreement in good faith. If a party is in violation of this agreement, the other party is entitled to hold the breaching party legally liable.
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Liability for Breach. In the event that the performance of the Lease Agreement becomes impossible due to force majeure or national policies or governmental or administrative actions (including but not limited to natural disasters, fire, war, civil unrest, or the compulsory expropriation, demolition or redevelopment of the Property as required by national policies), either party may terminate the Lease Agreement in advance without being held liable for any breach of contract. Each party shall bear its own losses (if any) arising from such early termination. Rent shall be calculated on a pro rata basis up to the actual date on which Taiping Medicine vacates and returns possession of the Property to the Company. For the avoidance of doubt, any breach of the Lease Agreement that occurs prior to the occurrence of the above-mentioned events shall not be waived or excused as a result thereof. Dispute Resolution : If any provision of the Lease Agreement conflicts with any mandatory provisions of the Civil Code of the PRC (《中华人民共和国民法典》) (the “Civil Code”), the relevant provisions of the Civil Code shall prevail. Any dispute arising from the performance of the Lease Agreement shall first be resolved through amicable negotiations. If no resolution can be reached, either party may submit the dispute to the People’s Court with jurisdiction over the location of the Property.
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Examples of Liability for Breach in a sentence

  • Subject to Paragraph 9.b above, neither Party shall accept and hereby excludes any Liability for Breach of Duty other than any Liability arising pursuant to the terms of this Agreement.

  • If, due to reasons attributable to the Contractor, the Project fails to meet the quality standards as agreed upon, the Contractor shall undertake the Liability for Breach.

  • The provisions of, and the obligations and benefits under Clauses 19 (Confidentiality), 22 (Liability for Breach of the Contract), 26.1 (Applicable Law) and 27 (Dispute Settlement) (and any Clause which is expressly or impliedly stated to do so) shall survive the termination of this Contract and the dissolution or liquidation of the Company.

  • Section 4 (Representations, Warranties and Undertakings), Section 5 (Confidentiality), Section 6 (Notices), Section 8 (Liability for Breach) and Section 9 (Governing Law and Dispute Resolution) of this Agreement shall become effective as the date of this Agreement and shall remain effective within the Term, and Section 5 (Confidentiality) shall continue to be effective for two years after the end of the Term.

  • For the avoidance of doubt, the limitations in Clauses 12.4(a) (Deductible Amount) and 12.4(b) (Maximum Liability for Breach of Warranty) will not apply to claims for indemnification under this Clause 25.3.

  • The defaulting party shall undertake the corresponding Liability for Breach of Contract in accordance with laws.

  • For the avoidance of doubt, the termination of this Agreement shall not affect any Liability for Breach of Contract and liability for damages that have accrued under this Agreement prior to its termination.

  • Liability for Breach of Contract If Party B violates the requirements stipulated in this Agreement, Party A has the right to inquire Party B and order Party B to make rectification within the prescribed time limit (the rectification period shall be no less than 1 month but no more than 6 months; where it is necessary to extend the period due to special reasons, Party A may decide to extend the period depending on the concrete conditions).

  • General Liability for Breach of Contract Under any breach of contract, if the breach parties fail to fulfill their obligations after written notice of the non-breach parties, the non-breach parties are entitled to unilaterally terminate this agreement in written after 15 days from the first delivery of written notice.

  • Subject to Clause 11.2, we do not accept and hereby exclude any Liability for Breach of Duty other than any Liability arising pursuant to the terms of this Agreement.

Related to Liability for Breach

  • Willful Breach means a material breach that is a consequence of an act undertaken or a failure to act by the breaching party with the knowledge that the taking of such act or such failure to act would, or would reasonably be expected to, constitute or result in a breach of this Agreement.

  • Breach means an impermissible use or disclosure of electronic or non-electronic sensitive personal information by an unauthorized person or for an unauthorized purpose that compromises the security or privacy of Confidential Information such that the use or disclosure poses a risk of reputational harm, theft of financial information, identity theft, or medical identity theft. Any acquisition, access, use, disclosure or loss of Confidential Information other than as permitted by this DUA shall be presumed to be a Breach