Term of Agreement. The Term of this Agreement is Indefinite. However, either the Bank or the Importer may terminate this Agreement if a reasonable ground exists, Notwithstanding the termination of this Agreement, the provisions of this Agreement shall continue to apply to the transactions entered into prior to such termination. This Agreement shall be executed in the English language and the Korean language. In the event of any conflict between the English version and the Korean version, the Korean version shall prevail.
Term of Agreement. The period of this Agreement shall not be determined: provided that, the Bank or the Customer may terminate this Agreement if a reasonable ground exists, and termination is effective when one party receives the notice from the other party unless otherwise specified herein. Notwithstanding the termination of this Agreement, the provisions of this Agreement shall continuously apply to the transactions executed prior to such termination.
Term of Agreement. The term of the Agreement shall not be determined; provided, however, the Bank or the Exporter may terminate this Agreement if a reasonable ground exists. Notwithstanding the termination of this Agreement, the provisions of this Agreement shall continuously apply to the transactions executed prior to such termination.