Common use of Effectiveness, Amendment and Termination Clause in Contracts

Effectiveness, Amendment and Termination. 14.1 This Agreement takes effect as of the date when it is signed and stamped by the authorized representatives of the Parties, and shall be terminated on the date when Party B dissolves according to law. 14.2 Unless provided otherwise herein, Party A is entitled to immediately early terminate this Agreement unilaterally by sending a written notice upon any of the followings happening to Party B: 14.2.1 Party B breaches this Agreement, and within thirty (30) days after Party A sends out the written notice, fails to rectify its breach, take sufficient, effective and timely measures to eliminate the effects of breach, and compensate Party A for any losses incurred by the breach. 14.2.2 Party B is bankrupt or is subject to any liquidation procedure and such procedure is not revoked within seven (7) days; and 14.2.3 due to any event of Force Majeure, Party B’s failure to perform this Agreement lasts for over twenty (20) days. 14.3 Except as provided in the immediate precedent clause, Party B agrees that Party A is entitled to early terminate this Agreement at any time by sending a written notice twenty days in advance without any reason. However, Party B is not entitled to early terminate this Agreement unless as provided herein. 14.4 The early termination of this Agreement shall not affect the rights and obligations of the Parties arising out of this Agreement prior to the early termination date.

Effectiveness, Amendment and Termination. 14.1 This Agreement takes shall take effect as of upon being signed by and affixed with the date when it is signed and stamped seal hereunto by the authorized representatives of the Parties, and shall be terminated on Parties until the date when Party B dissolves according to lawterm of agency expires. 14.2 Unless provided otherwise specified herein, upon the occurrence of any of the following events to Party B, Party A is entitled shall have the right to immediately early forthwith terminate this Agreement unilaterally on a unilateral basis by sending a written notice upon any of the followings happening to Party BB at any time: 14.2.1 Party B breaches this Agreementcommits a breach hereunder, and within thirty (30) days after Party A sends out the written noticenotice of breach from Party A, fails to rectify its cure such breach, to take sufficientadequate, effective and timely measures to eliminate the effects effect of breach, such breach and compensate to indemnify Party A for against any and all the losses incurred caused by the such breach.; 14.2.2 Party B is becomes bankrupt or is subject to any has entered into liquidation procedure and such procedure is proceedings which have not revoked been cancelled within seven (7) days; andor 14.2.3 due to any event of Force Majeure, Party B’s failure B is rendered unable to perform this Agreement lasts for over more than twenty (20) daysconsecutive days as a result of a Force Majeure Event. 14.3 Except as provided in Notwithstanding the immediate precedent clauseaforesaid provisions, Party B agrees that Party A is entitled shall have the right to early terminate this Agreement prior to the expiration at any time by sending a twenty (20) days written notice twenty days in advance without any reason. However, Party B is not entitled to early terminate this Agreement unless as provided herein. 14.4 The early Any premature termination of this Agreement shall not affect the rights and obligations any right or obligation of the Parties arising out of this Agreement either Party accrued hereunder prior to the early termination datesuch termination.

Effectiveness, Amendment and Termination. 14.1 11.1 This Agreement takes effect as of the date when it is signed and stamped by the authorized representatives of the Parties, and shall be terminated on the date when Party B dissolves according to law. 14.2 11.2 Unless provided otherwise herein, Party A is entitled to immediately early terminate this Agreement unilaterally by sending a written notice upon any of the followings happening to Party B: 14.2.1 11.2.1. Party B breaches this Agreement, and within thirty (30) days after Party A sends out the written notice, fails to rectify its breach, take sufficient, effective and timely measures to eliminate the effects of breach, and compensate Party A for any losses incurred by the breach. 14.2.2 11.2.2. Party B is bankrupt or is subject to any liquidation procedure and such procedure is not revoked within seven (7) days; and 14.2.3 11.2.3. due to any event of Force Majeure, Party B’s failure to perform this Agreement lasts for over twenty (20) days. 14.3 11.3 Except as provided in the immediate precedent clause, Party B agrees that Party A is entitled to early terminate this Agreement at any time by sending a written notice twenty days in advance without any reason. However, Party B is not entitled to early terminate this Agreement unless as provided herein. 14.4 11.4 The early termination of this Agreement shall not affect the rights and obligations of the Parties arising out of this Agreement prior to the early termination date.

Effectiveness, Amendment and Termination. 14.1 11.1 This Agreement takes effect as of the date when it is signed and stamped by the authorized representatives of the Parties, and shall be terminated on the date when Party B dissolves according to law. 14.2 11.2 Unless provided otherwise herein, Party A is entitled to immediately early terminate this Agreement unilaterally by sending a written notice upon any of the followings happening to Party B: 14.2.1 11.2.1 Party B breaches this Agreement, and within thirty (30) days after Party A sends out the written notice, fails to rectify its breach, take sufficient, effective and timely measures to eliminate the effects of breach, and compensate Party A for any losses incurred by the breach. 14.2.2 11.2.2 Party B is bankrupt or is subject to any liquidation procedure and such procedure is not revoked within seven (7) days; and 14.2.3 11.2.3 due to any event of Force Majeure, Party B’s failure to perform this Agreement lasts for over twenty (20) days. 14.3 11.3 Except as provided in the immediate precedent clause, Party B agrees that Party A is entitled to early terminate this Agreement at any time by sending a written notice twenty days in advance without any reason. However, Party B is not entitled to early terminate this Agreement unless as provided herein. 14.4 11.4 The early termination of this Agreement shall not affect the rights and obligations of the Parties arising out of this Agreement prior to the early termination date.