Common use of Effectiveness and Termination of the Agreement Clause in Contracts

Effectiveness and Termination of the Agreement. The Agreement comes into effect upon registration of the mortgage right with the Public Registry and unless otherwise specified in the Annex No. 2 of the Mortgage Agreement (if any) stays valid: Until the end of the term of the Master Agreement (provided that by that date the Debtor shall have met completely and duly the Secured Claims envisaged by the Agreement on the Secured Claims); or Until fulfillment by the Owner of obligations envisaged by the Agreement completely and duly.

Effectiveness and Termination of the Agreement. 10.1. The Agreement comes into effect upon registration of the mortgage right with the Public Registry and unless otherwise specified in the Annex No. 2 of the Mortgage Agreement (if any) stays valid: Until the end of the term of the Master Agreement (provided that by that date the Debtor shall have met completely and duly the Secured Claims envisaged by the Agreement on the Secured Claims); or Until fulfillment by the Owner of obligations envisaged by the Agreement completely and duly.: