asking Party B to pay Clause Examples

asking Party B to pay liquidated damages, and the amount of liquidated damages shall be calculated based on the higher of the following two: i) 30% of the total fee as stipulated in the contract (including all orders signed under the contract) between Party B/Party B’s affiliated company and Party A/Party A’s affiliated company; ii) RMB 300,000 (say RMB Three Hundred Thousand only). Party A and Party B jointly acknowledge and agree that: (i) the damages caused to Party A and Party A’s affiliated companies due to the breach by party B, Party B’s affiliated companies or staff of Party B’s/ Party B’s affiliated companies of the commitments in Article II above shall be difficult to calculate; (ii) the amount of such liquidated damages is confirmed by both parties through commercial negotiation and is equivalent to the legal interests of Party A, which is not excessive, too high or unreasonable. Party B promises not to request any agency or department to reduce it in the subsequent dispute resolution. In addition, Party A shall still have the right to further claim against Party B for the actual loss exceeding the amount of liquidated damages mentioned above. The actual loss mentioned in this Article includes direct loss (including but not limited to losses caused by consumer complaints and claims, and penalties imposed by government agencies) ), indirect losses (including but not limited to losses caused by the reduction of social evaluation of Party A and its affiliated companies, customer loss, market share decline, stock price decline, etc.), loss of expected benefits and reasonable expenses caused by them (including but not limited to attorneys’ fees, notarization fees, appraisal fees, litigation fees, expenses for overtime working and travel, etc.).
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Related to asking Party B to pay

  • Renewal Fee Borrower agrees to pay a fee equal to one-quarter of one percent (0.25%) of the Bank’s committed amount for the Line of Credit upon any renewal of the Line of Credit.

  • Up-Front Fee (a) The Borrower shall pay to the COFACE Agent (for the account of each Mandated Lead Arranger) an arrangement fee in an amount equal to two point eight per cent. (2.8%) of the aggregate principal amount of the Total Commitments as at the date of this Agreement (the “Up-front Fee”). (b) The Up-front Fee shall be due on the date of this Agreement and payable on the earlier of: (i) sixty (60) days from the date of this Agreement; and

  • Payment of Extension Fee The Borrower shall pay to the Agent for the pro rata accounts of the Lenders in accordance with their respective Commitments an extension fee in an amount equal to fifteen (15) basis points on the Total Commitment in effect on the Maturity Date (as determined without regard to such extension), which fee shall, when paid, be fully earned and non-refundable under any circumstances.

  • Disruption to Payment Systems etc If either the Agent determines (in its discretion) that a Disruption Event has occurred or the Agent is notified by the Company that a Disruption Event has occurred: (a) the Agent may, and shall if requested to do so by the Company, consult with the Company with a view to agreeing with the Company such changes to the operation or administration of the Facility as the Agent may deem necessary in the circumstances; (b) the Agent shall not be obliged to consult with the Company in relation to any changes mentioned in paragraph (a) if, in its opinion, it is not practicable to do so in the circumstances and, in any event, shall have no obligation to agree to such changes; (c) the Agent may consult with the Finance Parties in relation to any changes mentioned in paragraph (a) but shall not be obliged to do so if, in its opinion, it is not practicable to do so in the circumstances; (d) any such changes agreed upon by the Agent and the Company shall (whether or not it is finally determined that a Disruption Event has occurred) be binding upon the Parties as an amendment to (or, as the case may be, waiver of) the terms of the Finance Documents notwithstanding the provisions of Clause 39 (Amendments and Waivers); (e) the Agent shall not be liable for any damages, costs or losses whatsoever (including, without limitation for negligence, gross negligence or any other category of liability whatsoever but not including any claim based on the fraud of the Agent) arising as a result of its taking, or failing to take, any actions pursuant to or in connection with this Clause 33.11; and (f) the Agent shall notify the Finance Parties of all changes agreed pursuant to paragraph (d) above.

  • Upfront Fee The Borrower shall pay to the Agent (for the account of each Original Lender) an upfront fee in the amount and at the times agreed in a Fee Letter.