Common use of Amendment and Supplement to Agreement Clause in Contracts

Amendment and Supplement to Agreement. ​ Any amendment and supplement to this Agreement shall be made by the Parties in writing. The amendment and supplement to this Agreement which have been duly signed by the Parties shall form part of this Agreement and have the same legal effect as this Agreement. ​ At any time after the signature of this Agreement, if the equity interest in Party C held by Party B changes, the Parties agree to amend and restate this Agreement so that the rights of Party A hereunder shall not be adversely affected in any respect. ​ In the event of Party B’s dissolution, liquidation, bankruptcy or any other circumstance that may affect the shareholder’s exercise of its rights as a shareholder of Party C, none of Party B’s creditor or any other person entitled to claim rights or interests in the equity of Party C held by Party B shall, under any circumstances or in any manner, take any action that may affect or hinder the performance of Party B’s obligations hereunder; Party B’s creditor or any other person entitled to claim rights or interests in the equity of Party C held by Party B shall continue to be bound by the terms of this Agreement and the responsibilities and obligations of such shareholder hereunder. ​

Amendment and Supplement to Agreement. ​ Any amendment and supplement to this Agreement shall be made by the Parties in writing. The amendment and supplement to this Agreement which have been duly signed by the Parties shall form part of this Agreement and have the same legal effect as this Agreement. ​ At any time after the signature of this Agreement, if the equity interest in Party C held by Party B changes, the Parties agree to amend and restate this Agreement so that the rights of Party A hereunder shall not be adversely affected in any respect. ​ In the event of Party B’s dissolutiondeath, liquidationincapacity, bankruptcy divorce or any other circumstance that may affect the shareholder’s exercise of its rights as a shareholder of Party C, none of Party B’s spouse, heir, guardian, creditor or any other person entitled to claim rights or interests in the equity of Party C held by Party B shall, under any circumstances or in any manner, take any action that may affect or hinder the performance of Party B’s obligations hereunder; Party B’s spouse, heir, guardian, creditor or any other person entitled to claim rights or interests in the equity of Party C held by Party B shall continue to be bound by the terms of this Agreement and the responsibilities and obligations of such shareholder hereunder. ​