Effect of the Contract Sample Clauses

Effect of the Contract. Section ATerm of the Contract Section B — Effect of the Contract
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Effect of the Contract. The effectiveness of the contract is dependent on the fulfilment of the following conditions: (1) Full financing of the project ● Commitment of [€________] for open participation in the total amount of [€_________]; ● Commitment of the FIB for an open participation in the total amount of [€_______]; ● Commitment for silent participations in the amount of [€_________]. (2) Submission of a current certificate in tax matters from the responsible tax office in the original. (3) Before the Contribution, the acquisition of shares must have been carried out in accordance with the standards of the Participation Provider under an open participation agreement and an amendment of the articles of association. (4) Before the Contribution, Participant must demonstrate that it owns the entire right, title and interest in its patents, trademarks, copyrights, trade secrets, know-how and other proprietary material and concepts (“Intellectual Property”), and demonstrate that no claims have been asserted challenging Participant’s inventorship, ownership or right to use the Intellectual Property. Possible future patent applications must be disclosed by Participant. (5) All documents to be submitted must not give rise to any concerns.
Effect of the Contract. This contract is concluded for a fixed period as specified in Article III. of this contract.
Effect of the Contract. 14.1 The Parties agree that the contents of the Contract and the annexes thereof are the entire contents finally determined in the cooperation between them. The representatives of Party A and Party B have respectively obtained the approval from their respective organizations and finally executed the Contract on behalf of their respective organizations at the place where Party B is located. This Contract may take effect only after stamped by the special contract seals or official seals of the Parties. This Contract will immediately take effect as of the date on which the Parties sign and affix special contract seals /official seals to the Contract, and will be automatically terminated as of the date on which the Parties completely perform all their respective obligations. 14.2 The annexes hereof are integral parts of the Contract. This Contract is made in duplicate with equal legal effect, and each Party holds one. The Parties agree that the faxes of various documents relating to this Contract and stamped with the contract seal or official seal by Party A or Party B are valid. 14.3 The faxes of the Contract as signed and stamped by the Parties have equal legal effect with the Contract.
Effect of the Contract. The Contract is made in the ordinary course of business and has been established on an arms’ length basis. The Contract is expected to contribute positively to KPS Berhad Group’s earnings and net assets for the duration of the Contract.
Effect of the Contract. This document constitutes the complete and entire Agreement between the parties. All rights and duties are specifically expressed in this Settlement. All prior representations, statements, negotiations, understandings, and undertakings are superseded hereby. The Employer and the Union agree that each of the parties, during the negotiation of this Agreement, had an unlimited opportunity to raise any and all issues or questions concerning wages, hours, and working conditions. This Agreement is subject to all applicable Federal and State laws, rules and regulations, and shall be interpreted wherever possible so as to comply fully with such laws, provisions, or any official decision interpreting them.‌
Effect of the Contract. Division I - Transfer of Title Between Seller and Buyer §118 Goods must be ascertained §119 Title passes when intended to pass §120. Rules for ascertaining intention Section §121. Reservation of right of disposal. §122. Risk prima facie passes with title Section Division 2 - Transfer of Title §123. Sale by person not the owner §124. Sale under voidable title §125. Re-vesting of title in stolen goods §126. Seller or buyer in possession after sale §127. Effect of writs of execution PART IV - PERFORMANCE ON THE CONTRACT §128. Duties of seller and buyer §129. Payment and delivery are concurrent conditions §130. Rules as to delivery. §131. Delivery of wrong quantity §132. Installment deliveries §133. Delivery to earner §134. Risk where goods are delivered at distant places §135. Xxxxx’s right of examining the goods §136. Acceptance.
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Effect of the Contract. 1. This contract shall take effect from the date on which the legal representatives of the parties or both parties or their authorized representatives sign and affix the official seal of the unit or the special seal of the contract. 2. The original of this contract is in the form of one copy, Party A is responsible for the share, Party B is responsible for the share, has the same legal effect, and the scanned copy is also valid.
Effect of the Contract. 10.1. If the User violates the terms of this Agreement, the Licensor has the right to terminate the Agreement and immediately block access to the Program without any compensation. In this case the license fee amount is not refunded. 10.2. The Licensor has the right to refuse to perform its obligations under this Agreement without giving a reason, by sending a notice to the User.
Effect of the Contract. 2.1. Contracting parties record that the Contract having duly signed by the Contracting parties is concluded and effective for the period until the day when contractual obligations are met in full. Nevertheless, Contracting parties agree that entry into force of the Contract is made conditional on the fulfilment of the obligation of the payment of the exhibition space within 8 days after the receipt of the invoice. Accordingly, the entry into force day of the Contract is the day of the fulfilment of the restricting condition set forth in this section. 2.2. Contracting parties agree that if the condition set forth in article 2.1, required for the entry into force of the contract is not fulfilled by the given deadline or partially fulfilled, the Contract is automatically annulled and Contracting parties are not obliged to provide services to each other and they lay no claims against each other except the breach of the contract.
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