Validity and Amendment Sample Clauses

Validity and Amendment. 2.1 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.
AutoNDA by SimpleDocs
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 credit line entirely and Party A no longer has any financing or debt balance under this Agreement and all accompanying financing documents, this Agreement will remain valid permanently. (End of Part 1) ​ ​ ​ ​ ​ Credit Line Agreement ​ ​ Part 2 Commercial Terms (Financing Credit Line Form) ​ ​ ​ ​ ​ ​ ​ ​ ​ Party A: Shenzhen Xunlei Networking Technologies Co., Ltd. Descriptions of Credit Line Amount (currency) of credit line RMB One Hundred Twenty Million Only Term of availability From February 2, 2024 to December 28, 2024 Mode of revolving ☑Revolving; ◻Non-revolving; ◻Others​ ​ Nature of credit line Commitment unconditionally revocable at any time The guarantor that provides guarantee for the debt under this Agreement and guarantee contract includes but is not limited to: Guarantor Shenzhen Onething Technologies Co., Ltd. Mode of guarantee ◻Mortgage ; ◻Pledge; ☑Guarantee Guarantor Shenzhen Xunlei Networking Technologies Co., Ltd. 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 condition of credit line (tick the variety chosen with “√” and delete inapplicable ones with “×”) ​ Applicable financing variety Credit line (amount and currency) Interest rate/rate Longest term per business Remarks ◻ ◻Loan ​ ​ ​ ​ ​ ​ ​ ​ ​ Credit Line Agreement ​ ​ ​ ​ ​ ​ ​ ​ ◻Working capital loan ​ ​ ​ ​ ​ ◻Fixed assets loan ​ ​ ​ ​ ​ ◻M&A loan ​ ​ ​ ​ ◻ ◻Trade financing ​ ​ ​ ​ ​ ◻Opening of bank acceptance ​ ​ ​ ​ ​ ◻Trade acceptance discount (including negotiated interest payment) ​ ​ ​ ​ ​ ◻Banknotes discount ​ ​ ​ ​ ​ ◻Trade acceptance discount (client is acceptor) ​ ​ ​ ​ ​ ◻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...
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.
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.
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.
Validity and Amendment. This SLA is valid for one year from the date of signing and will be reviewed annually or as needed. Any amendments must be agreed upon by both KSWB and the consumer through written consent. Both parties are bound by the terms set forth unless otherwise agreed. Signed: Katsina State Water Board (KSWB) Name: [Authorized Signatory] Date: [Date] Beneficiary Name: [Customer/Business/Institution] Date: [Date] For inquiries or complaints please contact Office Address: Xx.0 Xxxxxxxx Xxxxxxxx Drive GRA, Katsina, Katsina State, (between 8:00 am and 4:00 pm, Monday - Friday, excluding public holidays) Phone Number: 00000000000 e-mail: xxxx@xxxxx.xxx.xx, xxx.xxxxx://xxxxx.xxx.xx/ Signature Engr. Xxxxx Xxxxxx Xxxxxxxx (PhD) MNSE Managing Director

Related to Validity and Amendment

  • 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.

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

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