Effectiveness, Amendment and Termination Sample Clauses

The 'Effectiveness, Amendment and Termination' clause defines when an agreement becomes legally binding, how it can be changed, and under what circumstances it can end. Typically, this clause specifies the date the contract takes effect, outlines the process for making modifications—such as requiring written consent from all parties—and details the conditions or notice required for termination. Its core function is to provide clear rules for the contract’s lifecycle, ensuring all parties understand how and when the agreement starts, can be altered, or concluded, thereby reducing uncertainty and potential disputes.

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Effectiveness, Amendment and Termination. 14.1 This Agreement takes effect as of the date when it is signed and stamped by the authorized representatives of the Parties, and shall be terminated on the date when Party B dissolves according to law. 14.2 Unless provided otherwise herein, Party A is entitled to immediately early terminate this Agreement unilaterally by sending a written notice upon any of the followings happening to Party B: 14.2.1 Party B breaches this Agreement, and within thirty (30) days after Party A sends out the written notice, fails to rectify its breach, take sufficient, effective and timely measures to eliminate the effects of breach, and compensate Party A for any losses incurred by the breach. 14.2.2 Party B is bankrupt or is subject to any liquidation procedure and such procedure is not revoked within seven (7) days; and 14.2.3 due to any event of Force Majeure, Party B’s failure to perform this Agreement lasts for over twenty (20) days. 14.3 Except as provided in the immediate precedent clause, Party B agrees that Party A is entitled to early terminate this Agreement at any time by sending a written notice twenty days in advance without any reason. However, Party B is not entitled to early terminate this Agreement unless as provided herein. 14.4 The early termination of this Agreement shall not affect the rights and obligations of the Parties arising out of this Agreement prior to the early termination date.

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Effectiveness, Amendment and Termination. 3.1 This Agreement shall take effect upon being signed by both Parties and shall expire upon the complete performance by each Party of all its respective obligations hereunder. 3.2 After having reached agreement through negotiations, the Parties may at any time amend or prematurely terminate this Agreement by written agreement.

Effectiveness, Amendment and Termination. 13.1 This Agreement shall become effective upon the satisfaction of the following conditions: 13.1.1 The pledgor and the Pledgee have formally executed this Agreement; 13.1.2 The pledge of the shares under this Agreement has been recorded in Weimeng’s register of shareholders. 13.2 Both parties may, after negotiations, amend this Agreement in the form of a written agreement at any time. 13.3 This Agreement shall be terminated when any of the following circumstances arises: 13.3.1 The duration of the right of pledge has elapsed; 13.3.2 Both parties rescind the pledge of the shares under this Agreement according to the clause of “Rescission of the Right of Pledge” in this Agreement; 13.3.3 The Pledgee and the Pledgor agree after negotiations to terminate this Agreement; 13. 3.4 The Pledgee unilaterally consents on terminating this Agreement in advance.

Effectiveness, Amendment and Termination. 9.1 This Agreement shall take effect after being signed by all parties to this Agreement, and shall expire at the end of the proxy under this Agreement. 9.2 If any shareholder transfers all its equity held in a domestic company to the Sole Proprietorship or its designated third party before the expiry of this Agreement, the shareholder shall be exempt from any restrictions regulated in this Agreement from the date of completion of equity transfer. 9.3 Each shareholder hereby irrevocably and permanently waives its right to terminate this Agreement. 9.4 After all the parties of this Agreement have signed a written agreement, this Agreement could be supplemented or amended in writing. The amendment agreement and supplementary agreement (if any) of this Agreement shall become a part of this Agreement after being signed by all the parties of this Agreement and shall be binding upon all parties. 9.5 The Authorized Party agrees that the Sole Proprietorship has the right to terminate this Agreement in advance without any reason after notifying the Authorized Party ten (10) days in advance in writing, without any liability for breach of contract. Notwithstanding the above regulations, the Authorized Party shall not terminate this Agreement in advance for any reason without the prior written consent of the Sole Proprietorship. 9.6 Any early termination of this Agreement shall not affect any rights granted to or obligations assumed by either party prior to the date of such termination according to the terms of this Agreement.

Effectiveness, Amendment and Termination. 13.1 This Contract shall take effect as of the date hereof, and end upon the date when all of the Borrower's obligations hereunder are fully performed. 13.2 Any amendment to this Contract shall be agreed by the Parties and made in writing. Amended clauses or amendment agreement shall constitute an integral part of this Contract and have equal legal effect as this Contract. The rest terms of this Contract which are not amended shall remain effective. The original terms of this Contract which are to be amended shall remain effective until the relevant amendments take effect. 13.3 Amendments to or termination of this Contract shall not prejudice each Party's right to claim compensation for loss. The dispute resolution clause hereof shall survive termination of this Contract.

Effectiveness, Amendment and Termination. 11.1 This Agreement shall take effect upon being signed by and affixed with the seal hereunto by the authorized representatives of both Parties and shall terminate upon the expiration of the Licensed Term specified hereunder. 11.2 Unless otherwise specified herein, upon the occurrence of any of the following events to Party B, Party A shall have the right to forthwith terminate this Agreement on a unilateral basis by a written notice to Party B at any time: 11.2.1 Party B commits a breach hereunder, and within thirty (30) days after the written notice of breach from Party A, fails to cure such breach, to take adequate, effective and timely measures to eliminate the effect of such breach and to indemnify Party A against any and all the losses caused by such breach; 11.2.2 Party B becomes bankrupt or has entered into liquidation proceedings which have not been cancelled within seven (7) days; or 11.2.3 Party B is rendered unable to perform this Agreement for more than twenty (20) consecutive days as a result of a Force Majeure Event. 11.3 Except under the circumstances as described above, Party B agrees that Party A shall have the right to prematurely terminate this Agreement at any time for no reason by a 20-day prior written notice to Party B. 11.4 Any premature termination of this Agreement shall not affect any right or obligation of either Party accrued hereunder prior to such termination.

Effectiveness, Amendment and Termination. Article 83 The term of this Agreement is one year, as from August 1, 2012 to July 31, 2013. From the effective date of this Agreement, the previous Agreement shall be terminated automatically. Either Party may terminate this Agreement by give a thirty-day written notice to the other Party. Upon expiration of this Agreement, both Parties shall properly handle the remaining matters. This Agreement will maintain its full force and effect till both Parties have fulfilled their obligations hereunder and all amounts and claims between both Parties are fully paid and discharged. The responsible party shall settle all user complaints and claims resulting from termination of this Agreement. Article 84 During the term of this Agreement, both Parties may amend or terminate this Agreement through friendly negotiation. If either Party intends to amend or terminate this Agreement, it shall give a written request to the other Party 30 days in advance. The Party that unilaterally terminates this Agreement shall fully indemnify the other Party against all damages and losses resulting therefrom. Article 85 During the term of this Agreement, Party B shall not send any advertisement or any other irrelevant information to any customer through Party A's communication channels. If Party B violates this provision, it shall indemnify Party A against the damages and losses, and Party A may terminate this Agreement. Article 86 If Party B breaches this Agreement, it shall indemnify Party A against all liabilities arising from any claim of third party, customer complaint or investigation of any government authority due to its breach, and Party A may terminate this Agreement. Article 87 During the term of this Agreement, if this Agreement conflicts with any new pricing policy or new relevant document issued by Party A's authority, both Parties may amend or terminate this Agreement through negotiation. This Agreement has 90 articles in total. Any issue absent hereof shall be settled in accordance with the management rules such as the Rules for Management of Cooperation in China Mobile Monternet and the Rules for Management of Cooperation in China Mobile All-network Interactive Voice Response Service, as well as the relevant standards and requirements announced in its S▇▇▇ new business information management system. Where there is no provision in the management rules, standards and requirements mentioned above, it shall be supplemented in writing by both Parties through friendly negotiat...

Effectiveness, Amendment and Termination. 12.1 The contract shall be effective starting from the date of signing and shall terminate when the Borrower has fulfilled all of its obligations under this contract. 12.2 Any changes to this contract shall be agreed in writing by both parties. Amended terms or agreements shall form an integral part of the contract and has the same legal effect as this contract. Except the amended portion, the rest of this contract is still valid, and the original terms are still valid before the effective date of the changes. 12.3 The contract amendment and termination does not affect the rights of the parties to seek compensation for losses. The termination of this contract does not affect the validity of the dispute settlement provisions.

Effectiveness, Amendment and Termination. 13.1 This Contract shall come into effect once it is signed and stamped by both Parties and registered with competent authorities as required by laws. 13.2 This Contract is independent from the Loan Agreement. The invalidity of the Loan Agreement shall not affect the validity of this Contract. Party A shall perform its obligations of guarantee under this Contract regardless of the invalidity of the Loan Agreement. 13.3 This Contract may be amended or terminated by both Parties in writing.

Effectiveness, Amendment and Termination. 7.1 This Contract shall become effective upon the satisfaction of all of the following conditions: (1) This Contract shall have been executed by the authorized representatives of the Parties and with their respective company seals affixed hereto; (2) This equity transfer shall have been approved by the administrative authorities of state-owned assets; (3) This equity transfer shall have been examined by and received no objections from China Securities Regulatory Commission; and (4) China Securities Regulatory Commission shall have exempted the Transferees from the obligations of tender offer in connection with Shenyang Jinbei Automotive Company Limited. 7.2 This Contract may be amended through consultation between the Parties, or upon the occurrence of other circumstances as provided by laws and regulations or in the covenants contained in this Contract. 7.3 Any amendment to this Contract shall be made in writing and signed by the Parties, otherwise no amendment shall become binding upon either Party. 7.4 The Parties may terminate this Contract through consultation, subject to compliance with laws. 7.5 The amendment and termination of this Contract shall not affect the parties' right to claim damages. Any losses incurred by any Party due to the amendment or termination of this Contract shall be compensated by the Party that is responsible for such amendment or termination, unless such Party is exempted from such liability pursuant to laws or provisions of this Contract. 7.6 Upon the termination of this Contract pursuant to the above provisions, the Transferor shall immediately return to the Transferee the paid equity transfer proceeds together with interest and/or other amounts, if any. In the event of breach of this Contract by any Party prior to the termination of this Contract, the other Party shall have the right to claim compensation according to the provisions in Article 6 hereof.