Common use of Liability for Breach of Agreement Clause in Contracts

Liability for Breach of Agreement. 7.1 If any Party fails to perform or comply with or neglects to perform any provision, undertaking, representation or warranty under this Agreement, it shall be liable to compensate the other Party.

Appears in 2 contracts

Samples: Cooperative Agreement, Cooperative Agreement (The9 LTD)

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Liability for Breach of Agreement. 7.1 6.1 If any a Party fails to perform fulfill any obligation under this Agreement or comply with or neglects to perform if any provision, undertaking, representation or warranty made by such Party under this AgreementAgreement is materially untrue or inaccurate, it then such party shall be liable deemed to be in breach of this Agreement and shall compensate the other Party for all losses suffered, or pay liquidated damages as agreed separately with relevant Party.

Appears in 1 contract

Samples: Exclusive Management Service and Business Cooperation Agreement (TAL Education Group)

Liability for Breach of Agreement. 7.1 If any Party either party fails to perform or comply with or neglects to perform any provision, undertaking, representation or warranty of its obligations under this Agreement, it or any of such party’s representations or warranties under this Agreement is materially untrue or inaccurate, then such party shall be liable to compensate constitute a breach of this Agreement and shall make full compensation for any economic losses actually sustained by the other Partyparty.

Appears in 1 contract

Samples: Exclusive Option Agreement (New Oriental Education & Technology Group Inc.)

Liability for Breach of Agreement. 7.1 If any Party a party fails to perform or comply with or neglects to perform any provision, undertaking, representation or warranty of its obligations under this Agreementagreement, it or any statement or guarantee made by the party under this agreement is materially untrue or inaccurate, the party shall be liable to in breach of this agreement and shall compensate all losses suffered by other parties or pay liquidated damages in accordance with a separate agreement reached by the other Partyconcerned parties.

Appears in 1 contract

Samples: Management Consultancy and Cooperation Agreement (New Oriental Education & Technology Group Inc.)

Liability for Breach of Agreement. 7.1 If any either Party A or Party B fails to perform or comply with or neglects to perform any provision, undertaking, representation or warranty its obligations under this AgreementAgreement in accordance with this Agreement or commits any other breach, it either party shall be liable to compensate indemnify the other Partyparty for direct and actual damages caused thereby.

Appears in 1 contract

Samples: HW Electro Co., Ltd.

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Liability for Breach of Agreement. 7.1 If any Party 8.1 One party who fails to perform the Agreement or comply with or neglects to perform any provisionwithout the consent of the other party, undertakingamend the Agreement shall assume the liability for breach, representation or warranty under this Agreement, it and the provisions of relevant laws and the Agreement shall be liable to compensate the other Partyapplicable.

Appears in 1 contract

Samples: Point Acquisition Corp

Liability for Breach of Agreement. 7.1 6.1 If any representation, undertaking or guarantee on any of its material obligations by one Party fails under this Agreement is confirmed to perform be incorrect or comply with or neglects to perform mislead the other Party,or if any provision, undertaking, representation or warranty under Party is in breach of any provision of this Agreement, it shall be liable to compensate such party is breach of this Agreement. In case one Party is in breach of this Agreement and the other Partyparty suffers form damages and losses hereby, the breaching party shall compensate entire and full damages and losses to the other party.

Appears in 1 contract

Samples: Equity Transfer Agreement (China New Energy Group CO)

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