Contract Validation Clause Samples

The Contract Validation clause establishes the requirements and procedures necessary for a contract to be considered legally binding and enforceable. Typically, this clause outlines essential elements such as the need for signatures from authorized representatives, the fulfillment of any preconditions, or the exchange of consideration before the agreement takes effect. By clearly defining what constitutes a valid contract, this clause ensures that all parties understand when their obligations begin and helps prevent disputes over the enforceability of the agreement.
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Contract Validation a. This Contract becomes valid and enforceable only upon written (electronic) acceptance by the University. b. Any waiver or modification of the conditions of this Contract is invalid unless in writing and signed by the Resident and an authorized representative of Housing & Residence Life. c. A Resident under 18 years of age must have a parent or legal guardian co-sign this Contract and guarantee full and prompt payment of all sums payable by Resident under this Contract by signing where indicated in Part II of this Contract.
Contract Validation. (A) Contract shall be valid from the date of the Contract note dispatch via E-mail or FAX, enclosing signature of the Purchaser. (B) The Price written on this Agreement is based on the FCA condition reflecting the Seller's quotation. The payment term shall follow the article 7.
Contract Validation. This contract is made in two copies, and each party shall hold one copy, which shall become effective after being signed and sealed by both parties.
Contract Validation. 19.1 The contract shall take effect with formal signature of legal representatives or entrusted agents (required to be authorized and entrusted by the legal representative in writing) of both parties, official seal, and the following conditions: The Buyer receives the Seller’s performance guarantee issued as per the format stipulated in the contract. 19.2 The validity period of this contract shall be from the day when the contract is valid to 30 days after the “Final Certificate” of the last unit plant is signed, and this contract shall be terminated after the credit and debt relation of both parties are completely settled, The quality assurance period, confidentiality, responsibilities of breach of contract, dispute resolutions specified in this contract shall not be affected by the termination of the contract.
Contract Validation. This contract shall become effective on the date of the seal of both parties.
Contract Validation a. This contract becomes valid and enforceable only upon written (electronic) acceptance by the UNIVERSITY. b. Any waiver or modification of the conditions of this contract is invalid unless in writing and signed by the RESIDENT and the Associate Vice Chancellor of Auxiliaries Services and Fiscal Innovation or the Chief Financial Officer of the UNIVERSITY. c. A RESIDENT under 18 years of age must have a parent or legal guardian co-sign this contract and guarantee full and prompt payment of all sums payable by RESIDENT under this contract by signing where indicated in Part II of this contract.
Contract Validation. This contract becomes valid only after the Santa ▇▇▇▇▇▇ College ▇▇▇▇ of Education Enterprise has signed this contract.
Contract Validation. This contract becomes valid only after the Santa ▇▇▇▇▇▇ College ▇▇▇▇ of Education Enterprise has signed this contract. WITNESS the parties hereto the day and year first above written. CONTRACTOR (Individual / Representative named above): Contractor Signature: Contractor Federal Tax I.D./Social Security No.:
Contract Validation. This Contract shall be validated upon its being signed and sealed by the person having the authority to sign or the authorized person. This Contract shall be valid until the Borrower has repaid the full amount of the Loan and the interest accrued thereon. This Contract shall be executed in duplicates each of which shall have the same legal effect and each of the Lender and the Borrower shall retain a copy thereof. Borrower: Lender: Jinshang International Financial. Leasing Co., Ltd Bank of China, Shuozhou Branch Authorized signature: (signed and sealed) Authorize signature: (signed and sealed) Date : March 25, 2015 Date: March 25, 2015 To: Bank of China, ShuoZhou Branch Pursuant to the Loan Contract entered into between you and us (Contract No. XD-2014-SHUOJIE-001), we hereby submit our Drawdown Notice as follows: 1. We apply to drawdown the Loan per Mode No. (1) as below: (1) One-time drawdown. (2) Number - drawdown within the drawdown period. Amount of drawdown: (Currency) Renminbi RMB 500,000,000 Renminbi Five Hundred Million Yuan 2. Please make payment of the Loan to our bank account as follows: Name of the account: Jinshang International Financial Leasing CO., LTD Account Number: 147983002569 Bank Name: Bank of China, ShuoZhou Branch Time of payment: within one month from ▇▇▇▇▇ ▇▇, ▇▇▇▇ ▇▇▇▇▇▇: Renminbi 500,000,000 Yuan 3. We confirm that: (1) The Loan shall be used for the agreed usage per the Loan Contract. (2) From the date of this Drawdown Notice up to the date of drawdown, the representations, warranties and guarantee in the Loan Contract remain true, accurate, complete and effective. (3) Up to the date of this Drawdown Notice, there is no material adverse change in our business operation and financial condition. 4. Up to the date of this Drawdown Notice, there is no event existing as an event of default mentioned in the Loan Contract or expected event of default and we further confirm that there shall be no event of default as at the date of drawdown. 5. This withdrawal notice is irrevocable. We warrant that all conditions precedent to the drawdown have been satisfied under the Loan Contract and the drawdown amount of the Loan paid into our bank account shall constitute as the liability of us to you. Applicant (sealed): Jinshang International Financial Leasing Co. Ltd Authorized signatory: (signed by Mr. Mu Renhui) Date: March 25, 2015

Related to Contract Validation

  • Validation In respect to applications for leave made pursuant to this Article, the employee may be required to provide satisfactory validation of the circumstances necessitating such requests.

  • Contract Modifications It is understood that changes are inherent in operations of the type covered by this contract. The number of changes, the scope of those changes, and the impact they have on the progress of the original operations cannot be defined at this time. The PURCHASER is notified that changes are anticipated and that there will be no compensation made to the PURCHASER directly related to the number of changes made. Each change will be evaluated for extension of contract time and increase or decrease in compensation based on its own merit. STATE reserves the right to make, at any time during the contract, such modifications as are necessary or desirable; provided such modifications shall not change the character of the operations to be done nor increase the cost, unless such operations or cost increase is approved in writing by PURCHASER. Any modifications so made shall not invalidate this contract nor release PURCHASER of obligations under the performance bond. PURCHASER agrees to do the modified operations as if it had been a part of the original contract. If any change under this section causes an increase or decrease in the PURCHASER's cost of, or the time required for the performance of any part of the operations, the PURCHASER must submit a written statement setting forth the nature and specific extent of the claim. Such claim shall include all time and cost impacts against the contract and be submitted as soon as possible, but no later than 30 days after receipt of any written notice of modification of the contract. If the PURCHASER discovers site conditions which differ materially from what was represented in the contract or from conditions that would normally be expected to exist and be inherent to the activities defined in the contract, the PURCHASER shall notify the STATE's Authorized Representative immediately and before the area has been disturbed. The STATE's Authorized Representative will investigate the area and make a determination as to whether or not the conditions differ materially from either the conditions stated in the contract or those which could reasonably be expected in execution of this particular contract. If it is determined that a differing site condition exists, any compensation or credit will be determined based on an analysis by STATE's Authorized Representative. If the PURCHASER does not concur with the decision of the STATE's Authorized Representative and/or believes that it is entitled to additional compensation, the PURCHASER may proceed to file a claim. All claims shall be submitted in writing and shall include a detailed, factual statement of the basis of the claim, pertinent dates, contract provisions which support or allow the claim, reference to or copies of any documents which support the claim, the exact dollar value of the claim, and specific time extension requested for the claim. If the claim involves operations to be completed by subcontractors, the PURCHASER will analyze and evaluate the merits of the subcontractor's claim. PURCHASER shall forward the subcontractor's claim and PURCHASER's evaluation of such claim to STATE's Authorized Representative. The STATE's Authorized Representative will not consider direct claims from subcontractors, suppliers, manufacturers, or others not a party to this contract. The decision of the STATE shall be final and binding unless the PURCHASER requests mediation.

  • CONTRACT MODIFICATION The following is adopted as the new CTC for the Contract effective December 29, 2022:

  • DESCRIPTION OF CONTRACT MODIFICATION This contract modification is made in accordance with Exhibit E-Revised-1, Contractual Terms and Conditions, Section 22. CHANGES, to be made part hereof for all pertinent purposes. The changes are as follows: