Effectiveness, Term and Miscellaneous Sample Clauses
Effectiveness, Term and Miscellaneous. 8.1 Any written consents, directions, appointments and other decisions of Party A concerning this Agreement, which may significantly affect Party B’s daily operation and management, shall be made by the board of directors (or the executive director in case of absence of the board of directors) of Party A.
8.2 This Agreement is executed by the Parties and takes effect as of the date first written above. This Agreement shall be valid for twenty (20) years (the “Term”) from the date of execution hereof, unless it is early terminated by Party A in accordance to the provisions of this Agreement. Upon written request by Party A prior to the expiry of this Agreement, the term of this Agreement may be extended for such period of time as requested by Party A.
8.3 Neither Party B nor the Shareholders may early terminate this Agreement during the Term of this Agreement. Party A shall have the right to terminate this Agreement at any time by sending a thirty-day prior written notice to Party B and the Shareholders.
8.4 The Parties hereby confirm that this Agreement constitutes the fair and reasonable agreements by and among them on the basis of equality and mutual benefits. In the event that any provision hereof becomes invalid or unenforceable because such provision conflicts with relevant laws, such provision shall be deemed as having been deleted from this Agreement as if it would have not been included in this Agreement from the date when this Agreement is concluded. However, the remaining provisions hereof shall remain valid and effective. The Parties shall negotiate on replacing such deleted provision with an acceptable, lawful and effective provision.
8.5 Any failure to exercise any of its rights, powers or privileges hereunder by any Party shall not constitute a waiver of such rights, powers or privileges by such Party. Any single or partial exercise of any of its rights, powers or privileges hereunder by any Party shall not affect the exercise of any other rights, powers or privileges hereunder.
8.6 This Agreement shall be made in Chinese in four (4) counterparts, with each Party holding one copy.
Effectiveness, Term and Miscellaneous. 8.1 Any written consent, suggestion, appointment or other decision which would have material impact on Party B’s daily business operations in respect of this Agreement shall be approved by the board of directors of Party A.
8.2 This Agreement will come into effect upon execution by the duly authorized representatives of all Parties and this Agreement shall survive until Party A is dissolved according to the laws of the PRC.
8.3 Neither Party B nor Party C may terminate this Agreement during the term of this Agreement. Party A may terminate this Agreement at any time by issuing a thirty (30) days prior written notice to Party B and Party.
8.4 The Parties acknowledge that they enter into this Agreement in good faith and on the basis of equality and mutual benefit. In case any provision in this Agreement is regarded as illegal or unenforceable under any applicable law, it shall be deemed to be excluded from this Agreement and be null and void, as if such provision had never been included in this Agreement. However, the balance of this Agreement will remain in force and this Agreement shall be deemed as without such provisions from the beginning. The Parties shall replace the deemed-deleted provisions with lawful and valid provisions acceptable to all Parties through amicable consultations.
8.5 Any non-exercise of any right, power or privilege hereunder shall not be deemed as a waiver thereof. Any single or partial exercise of such right, power or privilege shall not exclude one Party from exercising any other right, power or privilege.
8.6 This Agreement shall be in made in English, with five (5) originals.
Effectiveness, Term and Miscellaneous. 11.1 Party A’s written consents, recommendations, designation and other decisions hereunder which may have material effect on Party B’s daily operation shall be made by the board of directors of Party A or, if Party A has no board of directors, by the executive director of Party A.
Effectiveness, Term and Miscellaneous. 1Unless Party A's agreement of early termination, this Agreement shall have long-term validity during the operating period of Party A, Party B and Party B's subsidiaries' business.