CONTRACT EFFECTIVENESS. 16.1 This contract is independent from the principal contract. Where the principal contract is invalid for any reason, the effectiveness of this contract will not be affected and will remain valid, the joint liability of Party A under this contract and the legal responsibility (including but not limited to refund and compensate for the losses) of the debtor to the principal contract under the principal contract. 16.2 In the event a provision or partially contents of a provision under this contract is now or will become null and void in the future, such invalid provision or part will not affect the effectiveness of this contract, other provisions under this contract, or other contents of such provision.
Appears in 3 contracts
Samples: Guaranty Contract of Maximum Amount (Highpower International, Inc.), Guaranty Contract of Maximum Amount (Highpower International, Inc.), Guaranty Contract of Maximum Amount (Highpower International, Inc.)
