Validity and Amendment Sample Clauses

Validity and Amendment. 1.1 You confirm and undertake that you have all necessary powers and have obtained all necessary authorisations, consents and approvals to enter validly and lawfully into this Contract.
Sample 1
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Validity and Amendment. This Agreement comes into effect once signed (or sealed) by Party A’s legal representative or authorized agent and stamped with official seal and signed (or sealed) by Party B’s legal representative or authorized agent and stamped with official seal. Unless Party B cancels the financing amount entirely and Party A no longer has any financing or debt balance under this Agreement and all financing attachments, this Agreement will remain valid permanently. (End of Part 1) Part 2 Commercial Terms (Financing Amount Sheet) ​ ​ ​ ​ ​ ​ Party A: Shenzhen Xunlei Networking Technologies Co., Ltd. Descriptions of financing amount Sum (currency) of financing amount RMB 400 million Service term of amount From March 2, 2018 to March 1, 2022 Mode of amount revolving ⌧Revolving; ☑Non-revolving; ⌧Others​ ​ Nature of amount ☑Revocable commitment ⌧Irrevocable commitment The guarantor that provides guarantee for the debt under this Agreement and guarantee contract include but is not limited to: Guarantor Shenzhen Xunlei Networking Technologies Co., Ltd. Mode of guarantee ☑Mortgage ; ⌧Pledge; ⌧Guarantee Guarantor ﾉ Mode of guarantee ◻Mortgage; ◻Pledge; ◻Guarantee Guarantor ​ Mode of guarantee ◻Mortgage; ◻Pledge; ◻Guarantee Margin proportion for different businesses ◻Discount​ ​%; ◻L/C opening​ ​%; ◻ Banknote opening​ ​%; ◻Opening of L/G/SLC​ ​%；◻Others ​ ​ Applicable financing varieties and amount condition (tick the variety chosen with “√” and delete inapplicable ones with “×”) ​ Applicable financing variety Amount (sum and currency) Interest rate/rate Longest term per business Remarks ◻ Loan ​ ​ ​ ​ ​ ​ ​ ◻Working capital loan ​ ​ ​ ​ ​ ◻Fixed assets loan ​ ​ ​ ​ ◻ Trade financing ​ ​ ​ ​ ​ ◻Opening of bank acceptance ​ ​ ​ ​ ​ ◻Trade acceptance discount (including negotiated interest payment) ​ ​ ​ ​ ​ ◻Banknotes discount ​ ​ ​ ​ ​ ◻Trade acceptance discount (client is acceptor) ​ ﾉ ​ ​ ​ ◻Factorage financing ​ ​ ​ ​ ​ ◻Opening of L/C (including buyer’s usance) ​ ​ ​ ​ ​ ◻Advance against inward documentary bills (under L/C/ inward collection) ​ ​ ​ ​ ​ ◻Negotiation of export L/C ​ ​ ​ ​ ​ ◻Outward bills purchased under collection ​ ​ ​ ​ ​ ◻Packing loan ​ ​ ​ ​ ​ ◻Opening of L/G/SLC ​ ​ ​ ​ ​ ◻Import Refinance ​ ​ ​ ​ ​ ◻Financing of outward remittance ​ ​ ​ ​ ​ ◻Import security ​ ​ ​ ​ ​ ◻Domestic L/C buyer’s financing ​ ​ ​ ​ ​ ◻ ◻ Others ​ ​ ​ ​ ​ ​ ​ Other matters as mutually agreed:1. The specific applicable financing variety or separate amount and its adjustment under...
Sample 1
Validity and Amendment. 1. The cooperation between the Parties shall be in effect on the date of signing of this MoU for 1 (one) year period and shall be automatically extended thereafter, unless either Party notifies in writing of its intention to terminate this Memorandum of Understanding not later than 3 (three) months before such termination.
Sample 1
Validity and Amendment. 22.1 The Agreement shall come into force upon signature by the legal representatives or authorized representatives and seal with duly company seals by each of the Parties. Upon execution of this Agreement, any amendment to this Agreement (or any other Transaction Documents) must be made in written form and only becomes valid upon both signatures by the legal representatives or authorized representatives and seal with duly company seals by each of the Parties.
Sample 1
Validity and Amendment. This Agreement shall become effective under the laws of the State of Delaware immediately upon the execution by all Parties hereto and it shall become effective under the laws of the PRC upon the approval of the Xian Hi-Tech Industry Development Zone Administrative Commission. This Agreement may be amended, supplemented or modified only by a written instrument duly executed by each Party. Any amendment, supplementary and modification to this Agreement shall become effective under the laws of the State of Delaware immediately upon the execution by all Parties and shall become effective under the laws of the PRC upon the approval of the Xian Hi-Tech Industry Development Zone Administrative Commission.
Sample 1

Related to Validity and Amendment

  • Invalidity and Waiver If any portion of this Agreement is held invalid or inoperative, then so far as is reasonable and possible the remainder of this Agreement shall be deemed valid and operative, and, to the greatest extent legally possible, effect shall be given to the intent manifested by the portion held invalid or inoperative. The failure by either party to enforce against the other any term or provision of this Agreement shall not be deemed to be a waiver of such party’s right to enforce against the other party the same or any other such term or provision in the future.

  • Validity and Severability The invalidity or unenforceability of any provision of this Agreement shall not affect the validity or enforceability of any other provision of this Agreement, which shall remain in full force and effect.

  • Validity and Binding Nature Each of this Agreement and each other Loan Document to which any Loan Party is a party is the legal, valid and binding obligation of such Person, enforceable against such Person in accordance with its terms, subject to bankruptcy, insolvency and similar laws affecting the enforceability of creditors’ rights generally and to general principles of equity.

  • Invalidity and Severability If any provision of this Agreement shall be found by any court or administrative body of competent jurisdiction to be invalid or unenforceable the invalidity or unenforceability of such provision shall not affect the other provisions of this Agreement and all provisions not affected by such invalidity or unenforceability shall remain in full force and effect. The parties hereby agree to attempt to substitute for any invalid or unenforceable provision a valid or enforceable provision which achieves to the greatest extent possible the economic legal and commercial objectives of the invalid or unenforceable provision.

  • Validity and Binding Effect This Agreement has been duly and validly executed and delivered by each Loan Party, and each other Loan Document which any Loan Party is required to execute and deliver on or after the date hereof will have been duly executed and delivered by such Loan Party on the required date of delivery of such Loan Document. This Agreement and each other Loan Document constitutes, or will constitute, legal, valid and binding obligations of each Loan Party which is or will be a party thereto on and after its date of delivery thereof, enforceable against such Loan Party in accordance with its terms, except to the extent that enforceability of any of such Loan Document may be limited by bankruptcy, insolvency, reorganization, moratorium or other similar laws affecting the enforceability of creditors’ rights generally or limiting the right of specific performance.

  • Validity of the Agreement This Agreement constitutes the legal, valid and binding agreement of Buyer enforceable against Buyer in accordance with its terms.

  • Validity and Enforceability The Company and its Subsidiaries’ rights in the Company-Owned IP are valid, subsisting, and enforceable, except as would not reasonably be expected to have, individually or in the aggregate, a Company Material Adverse Effect. The Company and each of its Subsidiaries have taken reasonable steps to maintain the Company IP and to protect and preserve the confidentiality of all trade secrets included in the Company IP, except where the failure to take such actions would not reasonably be expected to have, individually or in the aggregate, a Company Material Adverse Effect.

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