Common use of Termination of Contract for Failure to Become Effective Clause in Contracts

Termination of Contract for Failure to Become Effective. If this Contract has not become effective within 2 months after the date of Contract signature i.e. Effective Date, either Party may, by not less than twenty-two (22) days written notice to the other Party, declare this Contract to be null and void, and in the event of such a declaration by either Party, neither Party shall have any claim against the other Party with respect hereto.

Termination of Contract for Failure to Become Effective. If this Contract has not become effective within 2 three (3) months after of the date of Contract signature i.e. Effective Datesigning by the Consultant, either Party may, by not less than twenty-two thirty (2230) days days' written notice to the other Party, declare this Contract to be null and void, and in the event of such a declaration by either Party, neither Party shall have any claim against the other Party with respect hereto.