Common use of NOTICES UNDER THE AGREEMENT Clause in Contracts

NOTICES UNDER THE AGREEMENT. 6.1. The Parties shall deliver all applications, notices and requests to each other to the agreed addresses, fax and telephone numbers by courier services with a copy by fax or electronic mail. Any such application, notice or request shall be deemed delivered: · in case of delivery by courier – on the day of delivery; · in case of delivery by fax - on the day of delivery, if delivered during normal business hours. · in case of delivery by electronic mail - on the day of delivery, if delivered during normal business hours. 6.2. All requests of the Agent to the Principal or of the Principal to the Agent shall be reviewed by the respective Party within two business days after the receipt of the request and replied to in writing within the same period of time (by fax, electronic mail or courier service). In the event the response is not received within the said period (failure of either party to this Agreement to respond) the other contracting party shall be entitled to proceed as follows: · If the question in the request was such that one Party requested a straightforward “yes” or “no” answer, the second Party shall regard the silence of the other Party (the “first Party”) as a “yes” answer. · If the request was for the first Party’s opinion with regard to a certain issue, the second Party shall regard the silence of the first Party as the latter’s consent for the second Party to act at its own discretion. 6.3. The actions of the Party taken in compliance with section 6.2. of the Agreement shall be deemed to have been taken in accordance with the terms of this Agreement without exceeding the authority and in the event any negative consequences arise such Party may not be held liable in any way.

NOTICES UNDER THE AGREEMENT. 6.17.1. The Parties shall deliver all applications, notices and requests to each other to the agreed addresses, fax and telephone numbers by courier services with a copy by fax or electronic mail. Any such application, notice or request shall be deemed delivered: · in case of delivery by courier – on the day of delivery; · in case of delivery by fax - on the day of delivery, if delivered during normal business hours. · in case of delivery by electronic mail - on the day of delivery, if delivered during normal business hours. 6.27.2. All requests of the Agent to the Principal or of the Principal to the Agent (except as provided in section 3.4. hereof) shall be reviewed by the respective Party within two three business days after the receipt of the request and replied to in writing within the same period of time (by fax, electronic mail or courier service). In the event the response is not received within the said period (failure silence of either party Party to this Agreement to respondAgreement) the other contracting party requesting Party (the “second Party”) shall be entitled to proceed as follows: · If the question in the request was such that one Party requested a straightforward “yes” or “no” answer, the second Party shall regard the silence of the other Party (the “first Party”) as a “yes” answer. · If the request was for the first Party’s opinion with regard to a certain issue, the second Party shall regard the silence of the first Party as the latter’s latter consent for the second Party to act at its own discretion. 6.37.3. The actions of the Party taken in compliance with section 6.27.2. of the Agreement shall be deemed to have been taken in accordance with the terms of this Agreement without exceeding the authority and in the event any negative consequences arise such Party may not be held liable in any wayliable.

NOTICES UNDER THE AGREEMENT. 6.17.1. The Parties shall deliver all applications, notices and requests to each other to the agreed addresses, fax and telephone numbers addresses by courier services with a copy by fax or electronic mail. Any such application, notice or request shall be deemed delivered: · in case of delivery by courier – - on the day of delivery; · in case of delivery by fax - on the day of delivery, if delivered during normal business hours. · in case of delivery by electronic mail - on the day of delivery, if delivered during normal business hours. 6.27.2. All requests of the Agent to the Principal or of the Principal to the Agent (except as provided in section 3.4. hereof) shall be reviewed by the respective Party within two three business days after the receipt of the request and replied to in writing within the same period of time (by fax, electronic mail or courier service). In the event the response is not received within the said period (failure silence of either party Party to this Agreement to respondAgreement) the other contracting party requesting Party (the “second Party”) shall be entitled to proceed as follows: · If the question in the request was such that one Party requested a straightforward “yes” or “no” answer, the second Party shall regard the silence of the other Party (the “first Party”) as a “yes” answer. · If the request was for the first Party’s opinion with regard to a certain issue, the second Party shall regard the silence of the first Party as the latter’s latter consent for the second Party to act at its own discretion. 6.37.3. The actions of the Party taken in compliance with section 6.27.2. of the Agreement shall be deemed to have been taken in accordance with the terms of this Agreement without exceeding the authority and in the event any negative consequences arise such Party may not be held liable in any wayliable.