Common use of FORCE Clause in Contracts

FORCE. 12.1 If any article of this agreement conflicts with the Articles of the Association, the latter shall prevail, except for otherwise provided by Law. 12.2 For any matter not mentioned herein, both parties shall exercise their powers and perform their obligations and responsibilities in accordance with the requirements of Company Law, the Company's Articles of Association and other Law. 12.3 When exercising his duties, the Manager offends Laws, administrative regulations or the Company's Articles of Association, which results in loss of the Company, the Manager shall have the obligation to compensate for the Company legally.

Appears in 4 contracts

Samples: Equity Acquisition Agreement (Asia Automotive Acquisition Corp.), Equity Acquisition Agreement (Tongxin International, Ltd.), Equity Acquisition Agreement (Tongxin International, Ltd.)

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