Common use of Alternate Mechanism Clause in Contracts

Alternate Mechanism. The Parties agree and undertake that, in case, pursuant to Law, the arrangements and understanding between the Parties as provided within this Agreement cannot be implemented, the Parties shall make best efforts and cooperate with each other for an alternative mechanism, compliant with Law, to achieve the same commercial objective of the Parties, as is set out within this Agreement, and agree to undertake all necessary steps and actions as may be required.

Appears in 6 contracts

Samples: Share Purchase Agreement, Share Purchase Agreement, Share Purchase Agreement

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