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 The Borrowers shall pay to the Agent an up-front fee in the amount and at the times agreed in a Fee Letter.

  • 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 twenty-five (25) 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 Facility Agent determines (in its discretion) that a Disruption Event has occurred or the Facility Agent is notified by a Borrower that a Disruption Event has occurred: (a) the Facility Agent may, and shall if requested to do so by a Borrower, consult with the Borrowers with a view to agreeing with the Borrowers such changes to the operation or administration of the Facility as the Facility Agent may deem necessary in the circumstances; (b) the Facility Agent shall not be obliged to consult with the Borrowers in relation to any changes mentioned in paragraph (a) above 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 Facility Agent may consult with the Finance Parties in relation to any changes mentioned in paragraph (a) above 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 Facility Agent and the Borrowers shall (whether or not it is finally determined that a Disruption Event has occurred) be binding upon the Parties and any Transaction Obligors as an amendment to (or, as the case may be, waiver of) the terms of the Finance Documents notwithstanding the provisions of Clause 45 (Amendments and Waivers); (e) the Facility Agent shall not be liable for any damages, costs or losses to any person, any diminution in value or any liability 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 Facility Agent) arising as a result of its taking, or failing to take, any actions pursuant to or in connection with this Clause 35.11 (

  • 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.