Common use of contract’s effectiveness, modification Clause in Contracts

contract’s effectiveness, modification. revoking and termination 10.1 The contract shall enter into effect after the signatures by both parties. Only with the debtor returns the entire loan principle, interest, compounded interest, penalty interest, breach penalty, compensation, cost to claim the credit right and other cost, the contract will be expired. 10.2 this contract is independent to the Main Contract, and shall stay valid in case of no effect of the Main Contract. In case of the Main Contract is of no effect, Party A shall still perform his obligation. 10.3 after effectiveness of the contract, except as stated in the contract, either party cannot make bold to modify or revoke the contract. If such a need really exists, a written agreement shall be reached upon negotiation. The original contract is still in effect before such agreement reached.

contract’s effectiveness, modification. revoking and termination 10.1 The contract shall enter into effect after the signatures by both parties. Only with the debtor returns the entire loan principle, interest, compounded interest, penalty interest, breach penalty, compensation, cost to claim the credit right and other cost, the contract will be expired. 10.2 this This contract is independent to the Main Contract, and shall stay valid in case of no effect of the Main Contract. In case of the Main Contract is of no effect, Party A shall still perform his obligation. 10.3 after effectiveness of the contract, except as stated in the contract, either party cannot make bold to modify or revoke the contract. If such a need really exists, a written agreement shall be reached upon negotiation. The original contract is still in effect before such agreement reached.