Common use of Validity of the Contract Clause in Contracts

Validity of the Contract. 20. The Contract shall enter into force on the day of its signing and shall be valid until ……………………………….. 21. The Contract may be terminated prior to maturity: 21.1. Upon mutual agreement of the parties; 21.2. Unilaterally without going to court, on the initiative of one of the parties, with one month prior written notice; 21.3. Unilaterally without going to court, on Resident‘s requirement, with 10 (ten) working days prior notice to KU, in case the dormitory room becomes unsuitable for living because of the circumstances beyond Resident‘s control; 21.4. Unilaterally without going to court, on KU requirement, with 5 (five) working days prior notice to Resident, in case of at least one of the circumstances specified in the provisions of the present Contract; 21.5. On KU requirement, unilaterally without going to court, upon Resident‘s completion or termination of the studies at KU, or upon the loss of a KU student status in any other way, as well as upon Resident‘s expulsion from the dormitory in the procedure prescribed by the Internal Dormitory Rules with 3 (three) working days prior written notice. 22. In case of natural disaster, KU shall have no obligation to provide Resident with accommodation in other dormitories. 23. The terms of the Contract can be amended or supplemented by written agreement between the parties. 24. The dispute between the parties under the Contract shall be dealt with in the District Court of Klaipėda City, as prescribed by the law of the Republic of Lithuania. 25. The Contract shall be executed in two identical copies, one for each party. 26. Appendices to the Contract: 26.1. Appendix No. 13 - "Living quarters (dormitory) transfer-acceptance act“.

Validity of the Contract. 20. The Contract shall enter into force on the day of its signing and shall be valid until ………………………………............................................ 21. This Agreement may be extended: 21.1. Upon application for the summer, thus saving space for the next school year; 21.2. Upon request for summer reservation, thus saving space for the next school year. 22. The Contract may be terminated prior to maturity: 21.122.1. Upon mutual agreement of the parties; 21.222.2. Unilaterally without going to court, on the initiative of one of the parties, with one month prior written notice; 21.322.3. Unilaterally without going to court, on Resident‘s requirement, with 10 (ten) working days prior notice to KU, in case the dormitory room becomes unsuitable for living because of the circumstances beyond Resident‘s control; 21.422.4. Unilaterally without going to court, on KU requirement, with 5 (five) working days prior notice to Resident, in case of at least one of the circumstances specified in the provisions of the present Contract; 21.522.5. On KU requirement, unilaterally without going to court, upon Resident‘s completion or termination of the studies at KU, or upon the loss of a KU student status in any other way, as well as upon Resident‘s expulsion from the dormitory in the procedure prescribed by the Internal Dormitory Rules with 3 (three) working days prior written notice. 2223. In case of natural disaster, KU shall have no obligation to provide Resident with accommodation accomodation in other dormitories. 2324. The terms of the Contract can be amended or supplemented by written agreement between the parties. 2425. The dispute between the parties under the Contract shall be dealt with in the District Court of Klaipėda City, as prescribed by the law of the Republic of Lithuania. 2526. The Contract shall be executed in two identical copies, one for each party. 2627. Appendices to the Contract: 26.127.1. Appendix No. 13 - "Living quarters (dormitory) transfer-acceptance act“.