Common use of Validation and Termination Clause in Contracts

Validation and Termination. 9.1. This Agreement will be signed and comes into effect as of the date marked on the top. This Agreement will terminate after all companies shares and assets have been transferred to Assignee legally. 9.2. Party B or Party C should not terminate this Agreement in advance unless gross negligence or deceit by Party A occurs. Despite of this, Party A could terminate this Agreement at any time by sending 30-days’ prior written notification of Party B and Party C. 9.3. This Agreement shall be terminated with all parties’ consistent written consent. 9.4. Section 8, 11 and 12 will survive termination of this Agreement. 9.5. If Party B transfer company shares it holds to a third party with Party A’s prior written consent, Party A will no long be a subject of this Agreement, while other Parties’ rights and obligations under this Agreement should not be adversely affected.

Validation and Termination. 9.1. This Agreement will be signed and comes into effect as of the date marked on the top. This Agreement will terminate after all companies shares and assets have been transferred to Assignee Asignee legally. 9.2. Party B or Party C should not terminate this Agreement in advance unless gross negligence or deceit by Party A occurs. Despite of this, Party A could terminate this Agreement at any time by sending 30-days’ prior written notification of Party B and Party C. 9.3. This Agreement shall be terminated with all parties’ consistent written consent. 9.4. Section 8, 11 and 12 will survive termination of this Agreement. 9.5. If Party B transfer company shares it holds to a third party with Party A’s prior written consent, Party A will no long be a subject of this Agreement, while other Parties’ rights and obligations under this Agreement should not be adversely affected.

Validation and Termination. 9.1. This Agreement will be signed and comes into effect as of the date marked on the top, but the effective date dates back to December 10, 2019. This Agreement will terminate after all companies shares and assets have been transferred to Assignee legally. 9.2. Party B or Party C should not terminate this Agreement in advance unless gross negligence or deceit by Party A occurs. Despite of this, Party A could terminate this Agreement at any time by sending 30-days’ prior written notification of Party B and Party C. 9.3. This Agreement shall be terminated with all parties’ consistent written consent. 9.4. Section 8, 11 and 12 will survive termination of this Agreement. 9.5. If Party B transfer company shares it holds to a third party with Party A’s prior written consent, Party A will no long be a subject of this Agreement, while other Parties’ rights and obligations under this Agreement should not be adversely affected.