Common use of Substitute Agent Clause in Contracts

Substitute Agent. If for any reason any Agent ceases to act as agent or no longer has an address in Hong Kong, the party who appointed the Agent irrevocably agrees, within 20 (twenty) Business Days, to appoint a substitute agent with an address in Hong Kong and to notify the other parties in writing immediately thereafter.

Appears in 4 contracts

Samples: Shareholder Loan Agreement (Windtree Therapeutics Inc /De/), Shareholder Loan Agreement (Windtree Therapeutics Inc /De/), Shareholder Loan Agreement (Windtree Therapeutics Inc /De/)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!