Contractual Effect. The parties understand and acknowledge that the terms of this Agreement are contractual and not a mere recital. Consequently, they expressly consent that this Agreement shall be given full force and effect according to each and all of its express terms and provisions, and that it shall be binding upon the respective parties as well as their heirs, executors, successors, administrators and assigns.
Contractual Effect. 8.1 Without written consent of Party A, Party B may not assign this Contract or any of its rights and obligations hereunder. Where Party B is found to have made such an assignment without authorization, Party B shall forfeit the performance security deposit and Party A shall be entitled to immediately terminate this Contract.
Contractual Effect. The parties understand and acknowledge that the terms of this Agreement are contractual and not a mere recital. Consequently, they expressly consent that this Agreement shall be given full force and effect according to each and all of its express terms and provisions, and that it shall be binding upon the respective parties as well as their heirs, executors, successors, administrators and assigns. The parties further acknowledge that this Agreement, including the recitals, sets forth the entire agreement and understanding of the parties relating to its subject matter, and supersedes and merges all prior and contemporaneous agreement, negotiations and understandings between the parties, both oral and written. No change or modification to the Agreement will be binding unless it is in writing and signed by both IE and Coffey.
Contractual Effect. (a) If, in relation to any Security Document in any jurisdiction in which the same may be situated, the constitution of the trusts pursuant to this Agreement and the rights and obligations conferred on any Person thereby (whether or not a party to this Agreement) would not be recognised as creating enforceable rights and obligations by applicable law, then this Agreement shall, to such extent, be construed as constituting the equivalent rights and obligations as a matter of contract, provided always that, in the event that the foregoing provisions of this Clause take effect so that this Agreement operates as a matter of contract, the Security Agent shall have no additional or incremental duties, obligations, responsibilities or liabilities over and above those which would have existed had the said trusts, rights and obligations been so recognised; and
Contractual Effect. This Agreement shall be between and among the Parties only and is no contract in favor of third parties (kein Vertrag zugunsten Dritter) and no contract with protection of third parties (kein Vertrag mit Schutzwirkung für Dritte) within the meaning of section 328 of the German Civil Code (BGB), unless expressly provided otherwise in this Agreement.
Contractual Effect a） This contract shall come into effect from the date of the signatures and seals of both parties. This contract shall last for one year, and will be automatically renewed for one more year unless either party provides objection prior to the expiration.
Contractual Effect. This Agreement and all provisions ------------------ hereof, including all representations and warranties contained herein, are contractual and not a mere recital and shall survive the mutual releases as described in paragraph 9 above and shall continue in full force and effect thereafter.
Contractual Effect a） This contract shall come into effect from the date of the signatures and seals of both parties.
Contractual Effect
