Common use of Term of Cooperation Clause in Contracts

Term of Cooperation. 1. Both parties are committed to establishing a long-term strategic cooperative relationship. If either party considers that the other party’s behavior infringes upon its legitimate rights and interests, or for any other appropriate reason, the party may terminate this Framework Agreement by consensus when the party deems it unnecessary or impossible to cooperate. In this situation, neither party shall be liable for any legal liabilities and consequences. Upon termination of this Framework Agreement, both parties shall immediately stop the external publicity in the name of the other party.

Term of Cooperation. 1. Both parties are committed to establishing a long-term strategic and in-depth cooperative relationship. If either party considers that the other party’s behavior infringes upon its legitimate rights and interests, or for any other appropriate reason, the party may terminate this Framework This Agreement by consensus when the party deems it unnecessary or impossible to cooperate. In this situation, neither party shall be liable for any legal liabilities and consequences. Upon termination of this Framework This Agreement, both parties shall immediately stop the external publicity promotion in the name of the other party.

Term of Cooperation. 1. Both parties are committed to establishing a long-term strategic cooperative relationship. If either party considers that the other party’s behavior infringes upon its legitimate rights and interests, or for any other appropriate reason, the party may terminate this Framework Agreement by consensus when the party deems it unnecessary or impossible to cooperate. In this situation, neither party shall be liable for any legal liabilities and consequences. Upon the termination of this Framework Agreement, both parties shall immediately stop the external publicity in the name of the other party.