Breach of Duties. 5.1: If Party B fails to pay Party A the consideration for the Equity Transfer in accordance with Article 2.3 under this Agreement, Party B shall pay Party A liquidated damages at a rate of 0.5% of the overdue payment per day. If the payment is overdue for more than 30 days, Party A has the right to terminate this Agreement.
Appears in 4 contracts
Samples: Equity Transfer Agreement (ZHAOHENG HYDROPOWER Co), Equity Transfer Agreement (ZHAOHENG HYDROPOWER Co), Equity Transfer Agreement (ZHAOHENG HYDROPOWER Co)
