Common use of Fundamental Change of Circumstances Clause in Contracts

Fundamental Change of Circumstances. 10.1 As a supplement, and without violating other terms of the Master Contract and this Agreement, if at any time, due to the promulgation or change of any Chinese laws, regulations or rules, or due to the change of interpretation or application of such laws, regulations or rules, or due to the change of related registration procedures, Party A deems that it becomes illegal to keep this Agreement effective and/or dispose of the pledge equity in the way stipulated in this Agreement or violates such laws, regulations or rules, Party B and C Party shall immediately take any action, and/or sign any agreements or other documents following Party A’s written instructions and according to Party A’s reasonable requirements, so as to: (a) Maintain this Agreement effective; (b) Facilitate to dispose of the pledge equity in the way stipulated in this Agreement; and/or (c) Maintain or realize the guarantee established or intended to be established in this Agreement.