Common use of Effectiveness and Term of Agreement Clause in Contracts

Effectiveness and Term of Agreement. 5.1 This Agreement shall become effective upon execution by the Parties. Unless terminated in accordance with the provisions of this Agreement or terminated in writing by Party A, this Agreement shall remain effective. 5.2 During the term of this Agreement, each Party shall renew its operation term prior to the expiration thereof and exercise best endeavors to obtain the approval of relevant competent authorities so as to enable this Agreement to remain effective. This Agreement shall be terminated upon the expiration of the operation term of a Party if the application for renewal of its operation term is not approved or consented by relevant government authorities. 5.3 The rights and obligations of the Parties under Sections 3, 6, 7 and this Section 5.3 shall survive the termination of this Agreement.

Effectiveness and Term of Agreement. 5.1 This Agreement shall become effective upon on the date of execution by the Both Parties. Unless terminated in accordance with the provisions of this Agreement or terminated in writing by Party A, ; this Agreement shall remain effectivein force unless otherwise expressly specified in this Agreement or Party A decides in writing to terminate this Agreement. 5.2 During If, during the term of this Agreement, each the term of operation of either Party is due to expire, such Party shall renew its term of operation term prior to the expiration thereof in a timely manner and exercise best endeavors do its utmost to obtain approval from the approval of relevant competent authorities authority so as to enable this Agreement to remain effectiveeffective and enforceable. This If the application for renewal of the term of operation by a Party fails to receive approval or consent from any competent authority, this Agreement shall be terminated upon the expiration of the operation such Party’s term of a Party if the application for renewal of its operation term is not approved or consented by relevant government authoritiesoperation. 5.3 The rights and obligations of the Parties under Sections 3, 6, and 7 and this Section 5.3 shall survive the termination of this Agreement.

Effectiveness and Term of Agreement. 5.1 This Agreement shall become effective upon execution by the PartiesParties and fully terminate and supersede the Original EBCA. Unless terminated in accordance with the provisions of this Agreement or terminated in writing by Party A, this Agreement shall remain effective. 5.2 During the term of this Agreement, each Party shall renew its operation term prior to the expiration thereof and exercise best endeavors to obtain the approval of relevant competent authorities so as to enable this Agreement to remain effective. This Agreement shall be terminated upon the expiration of the operation term of a Party if the application for renewal of its operation term is not approved or consented by relevant government authorities. 5.3 The rights and obligations of the Parties under Sections 3, 6, 7 and this Section 5.3 shall survive the termination of this Agreement.