Common use of RESCISSION AND TERMINATION Clause in Contracts

RESCISSION AND TERMINATION. (a) 於實際撥存委託經營額度至保管機構之日前，甲方有權解除本契約。 (a) The Bureau shall have the right to rescind this Agreement prior to the date it first transfers the Mandate Amount to the Custodian. (b) 甲方有權隨時以對乙方之三十日以上之事前書面通知終止本契約，惟並不影響於該終止日之前未完成交易之完成，以及依本契約按比例應付費用之支付。乙方得以六十日以上之事前書面通知或依主管機關之要求以立即之通知終止本契約。 (b) The Bureau is entitled to terminate this Agreement at any time by giving the Investment Manager at least thirty days’ written notice but subject to the closing of outstanding transactions and payment of the fees payable hereunder pro-rata to the date of termination. The Investment Manager may terminate this Agreement by giving at least sixty days’ notice in writing or by immediate notice if so required by any competent regulatory authority. (c) 若乙方破產或無清償能力，或者乙方因任何理由無法繼續擔任受託機構者，則甲方有權立即終止本契約。

RESCISSION AND TERMINATION. (a) 於實際撥存委託經營額度至保管機構之日前，甲方有權解除本契約。 (a) The Bureau shall have the right to rescind this Agreement prior to the date it first transfers the Mandate Amount to the Custodian. (b) 甲方有權隨時以對乙方之三十日以上之事前書面通知終止本契約，惟並不影響於該終止日之前未完成交易之完成，以及依本契約按比例應付費用之支付。乙方得以六十日以上之事前書面通知或依主管機關之要求以立即之通知終止本契約。 (b) The Bureau is entitled to terminate this Agreement at any time by giving the Investment Manager at least thirty (30) days’ written notice but subject to the closing of outstanding transactions and payment of the fees payable hereunder pro-rata to the date of termination. The Investment Manager may terminate this Agreement by giving at least sixty (60) days’ notice in writing or by immediate notice if so required by any competent regulatory authority. (c) 若乙方破產或無清償能力，或者乙方因任何理由無法繼續擔任受託機構者，則甲方有權立即終止本契約。