Common use of Risk Terms Clause in Contracts

Risk Terms. 9.1 Party A and Party B may terminate this Agreement as a result of uncontrollable factors such as earthquakes, floods, fires, wars, social convulsions and riots; if it is impossible unnecessary to continue carrying out this Agreement it may be terminated. 9.2 Party A and Party B shall not take any responsibilities for the damages or losses as a result of the uncontrollable factors; discussions about the termination and post-termination issues might be held in a fair way.

Appears in 4 contracts

Samples: Cooperation Framework Agreement (CIBT Education Group Inc.), Jointly Running School Cooperation Agreement (CIBT Education Group Inc.), Cooperation Agreement (CIBT Education Group Inc.)

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Risk Terms. 9.1 Party A and Party B may terminate this Agreement as a result of uncontrollable factors such as earthquakes, floods, fires, wars, social convulsions and riots; if it is impossible unnecessary to continue carrying out this Agreement it may be terminated. 9.2 . Party A and Party B shall not take any responsibilities for the damages or losses as a result of the uncontrollable factors; discussions about the termination and post-post- termination issues might be held in a fair way.

Appears in 1 contract

Samples: Joint Venture Agreement (CIBT Education Group Inc.)

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Risk Terms. 9.1 10-1 Party A and Party B may terminate this Agreement as a result of uncontrollable factors such as earthquakes, floods, fires, wars, social convulsions and riots; if it is impossible unnecessary to continue carrying out this Agreement it may be terminated. 9.2 10-2 Party A and Party B shall not take any responsibilities for the damages or losses as a result of the uncontrollable factors; discussions about the termination and post-termination issues might be held in a fair way.

Appears in 1 contract

Samples: Education Program Cooperation Agreement (CIBT Education Group Inc.)

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