Common use of Effectiveness of the Contract and Miscellaneous Clause in Contracts

Effectiveness of the Contract and Miscellaneous. 20.1 The contract becomes valid on signing by the authorized representatives of the two parties of the Contract. 20.2 The present Contract shall be valid for 3 years from the effective date of the contract, however the Contract shall become null and void automatically when each party of the Contract has fulfilled its rights and obligations under the Contract. 20.3 At the expiration of the Contract, any unsettled credit and debt under the Contract shall not be affected by the expiration of the Contract. The debtor shall still effect his obligation of reimbursement to the creditor. 20.4 The Contract shall be made in English. 20.5 All amendments, supplements and alternations to the terms and conditions of the Contract shall be made in written form and signed by the authorized representatives of the two Parties. 20.6 Unless otherwise stipulated in the Contract, the terms and conditions of the Contract shall be interpreted in accordance with INCOTERMS (2000 Edition). 20.7 No assignment of any right or obligation under the Contract shall be made by either party to a third party without the previous consent of the other party. 20.8 The communication between the two parties shall be conducted in written form. The fax concerning the important matter shall be confirmed timely by the registered or express mail.

Effectiveness of the Contract and Miscellaneous. 20.1 The contract becomes valid on signing by the authorized representatives of the two parties of the Contract. 20.2 The present Contract contract shall be valid for 3 years from the effective date of the contract, however the Contract contract shall become null and void automatically when each party of the Contract contract has fulfilled its rights and obligations under the Contractcontract. 20.3 At the expiration of the Contract, any unsettled credit and debt under the Contract shall not be affected by the expiration of the Contract. The debtor shall still effect his obligation of reimbursement to the creditor. 20.4 The Contract shall be made in English. 20.5 All amendments, supplements and alternations to the terms and conditions of the Contract shall be made in written form and signed by the authorized representatives of the two Parties. 20.6 Unless otherwise stipulated in the Contract, the terms and conditions of the Contract shall be interpreted in accordance with INCOTERMS (2000 Edition). 20.7 No assignment of any right or obligation under the Contract shall be made by either party to a third party without the previous consent of the other party. 20.8 The communication between the two parties shall be conducted in written form. The fax concerning the important matter shall be confirmed timely by the registered or express mail.

Effectiveness of the Contract and Miscellaneous. 20.1 The contract becomes valid on signing by the authorized representatives of the two parties of the Contract. 20.2 The present Contract shall be valid for 3 years from the effective date of the contractContract, however the Contract shall become null and void automatically when each party of the Contract has fulfilled its rights and obligations under the Contract. 20.3 At the expiration of the Contract, any unsettled credit and debt under the Contract shall not be affected by the expiration of the Contract. The debtor shall still effect his obligation of reimbursement to the creditor. 20.4 The Contract shall be made in English. 20.5 All amendments, supplements and alternations to the terms and conditions of the Contract shall be made in written form and signed by the authorized representatives of the two Parties. 20.6 Unless otherwise stipulated in the Contract, the terms and conditions of the Contract shall be interpreted in accordance with INCOTERMS (2000 Edition). 20.7 No assignment of any right or obligation under the Contract shall be made by either party to a third party without the previous consent of the other party. 20.8 The communication between the two parties shall be conducted in written form. The fax concerning the important matter shall be confirmed timely by the registered or express mail.. Address: Culture Xxxxxxxx, Xx.00, Xxxxxxxxxxxx Xxxxxx, Xxxxxxx, Xxxxxxx, Xxxxx Post code: 100872 Fax: (0000) 00-00000000 Tel: (0000) 00-00000000 Authorized representative: /s/ [Illegible] (Signature)

Effectiveness of the Contract and Miscellaneous. 20.1 The contract becomes valid on signing by the authorized representatives of the two parties of the Contract. 20.2 The present Contract shall be valid for 3 years from the effective date of the contractContract, however the Contract shall become null and void automatically when each party of the Contract has fulfilled its rights and obligations under the Contract. 20.3 At the expiration of the Contract, any unsettled credit and debt under the Contract shall not be affected by the expiration of the Contract. The debtor shall still effect his obligation of reimbursement to the creditor. 20.4 The Contract shall be made in English. 20.5 All amendments, supplements and alternations to the terms and conditions of the Contract shall be made in written form and signed by the authorized representatives of the two Parties. 20.6 Unless otherwise stipulated in the Contract, the terms and conditions of the Contract shall be interpreted in accordance with INCOTERMS (2000 Edition). 20.7 No assignment of any right or obligation under the Contract shall be made by either party to a third party without the previous consent of the other party. 20.8 The communication between the two parties shall be conducted in written form. The fax concerning the important matter shall be confirmed timely by the registered or express mail.