Common use of Effectiveness of the Contract Clause in Contracts

Effectiveness of the Contract. 17.1 This Contract shall take effect upon affixing the signatures and official seals by the authorized signatories of the two parties and completion of formalities of guarantee as described in Clause 6 hereof. This Contract shall remain effective until the date on which the principal and interest of the Loan and all other relevant expenses hereunder are settled in full. 17.2 This Contract is executed in 2 counterparts with each having the same force. Party A, and Party B each holds one thereof.

Appears in 2 contracts

Samples: Loan Contract (Winner Medical Group Inc), Loan Contract (Winner Medical Group Inc)

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Effectiveness of the Contract. 17.1 This Contract shall take effect upon affixing the signatures and official seals by the authorized signatories of the two parties and completion of formalities of guarantee as described in Clause 6 hereof. This Contract shall remain effective until the date on which the principal and interest of the Loan and all other relevant expenses hereunder are settled in full. 17.2 This Contract is executed in 2 6 counterparts with each having the same force. Party A, and Party B and the guarantors each holds one thereof.

Appears in 2 contracts

Samples: Loan Contract (Winner Medical Group Inc), Loan Contract (Winner Medical Group Inc)

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Effectiveness of the Contract. 17.1 This Contract shall take effect upon affixing the signatures and official seals by the authorized signatories of the two parties and completion of formalities of guarantee as described in Clause 6 hereof. This Contract shall remain effective until the date on which the principal and interest of the Loan and all other relevant expenses hereunder are settled in full. 17.2 This Contract is executed in 2 5 counterparts with each having the same force. Party A, and Party B and the guarantors each holds one thereof.

Appears in 1 contract

Samples: Loan Agreement (Las Vegas Resorts Corp)

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