Validity and Effect of the Contract. This Contract is entered into for a definite period of time until 6:00 a.m. on and shall become valid upon its signature by both Contracting Parties and shall come into effect at 6:00 a.m. on ……………….
Validity and Effect of the Contract. 1. This Contract is entered into for an indefinite period and shall become valid and take effect on the date of its signature by both Contracting parties.
Validity and Effect of the Contract. 15.1. This Contract becomes valid on the day of its signing by both Parties.
Validity and Effect of the Contract. The Contract becomes valid and effective on the day it is signed by authorized representatives of the two Contracting Parties. The Contract becomes effective on the day of its publication in the Register of Contracts pursuant to the Act no. 340/2015 Coll. The Contract can only be terminated for reasons stipulated in the Contract or specified by law. A Contracting Party affected by the other party’s failure to meet its obligation may unilaterally terminate this Contract for a gross violation of the Contract; in particular, the following will be considered a gross violation of this Contract: the Purchaser’s failure to pay the purchase price in accordance with this Contract within 60 days after the due date of a relevant invoice, the Seller’s failure to duly deliver the Goods, or even part of the Goods, on the agreed date, the Seller’s failure to supply Goods possessing the characteristics declared by the Seller in this Contract, the Seller’s failure to provide correct information or documents indicative of the actual situation in the Bid that had been submitted to the Tender before this Contract was signed, which have or could have affected the result of the Tender. Once the Contract becomes ineffective, all and any obligations of the Contracting Parties arising from this Contract will cease to exist. The ineffectiveness or termination of the Contract will not affect the existence of the right to claim damages and contractual penalties in case of violation of the contractual obligations existing before the Contract becomes ineffective, and obligations of the Contracting Parties that are to survive this Contract by their nature or by law.
Validity and Effect of the Contract. 8.1. The Contract becomes valid and effective on the day of its approval by electronic means from the Controller, as the User.
Validity and Effect of the Contract. 9.1. This contract shall be concluded for a period of one year and become effective from the date of signature by both Parties.
