E-COMMUNICATION Clause Samples
The E-COMMUNICATION clause establishes the rules and acceptance of electronic communications between the parties to a contract. It typically specifies that notices, consents, and other formal communications may be sent and received via email or other agreed electronic means, and may outline requirements such as designated email addresses or confirmation of receipt. This clause ensures that electronic correspondence is recognized as valid and binding, streamlining communication and reducing delays associated with traditional paper-based methods.
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E-COMMUNICATION. The Parties acknowledge and agree that electronic communication is an acceptable method of communicating information between the Parties without having to communicate the same on paper. Any communication and subsequent electronic signature that has been sent or signed in the past, present, or future between the Parties will hold the same force and effect as a document signed and inked on paper.
E-COMMUNICATION. 23.1 “E-communication” in this document shall include, but not be limited to, statements, notices, automated advices, reminders, offers and promotions for marketing purposes, legal and regulatory disclosures, communications and any other documents that CFSL is required to give to the Company in relation to any facilities the Company holds with CFSL, by electronic communication.
23.2 The Company consents to receive E-Communication from CFSL and CFSL shall be authorised to provide E-Communication to the Company through the e-mail address and/or mobile phone number of the Company and/or any other electronic means (‘e-communication devices’) as may be agreed by the Company and CFSL.
23.3 In the event the Company withdraws its consent to receive E-Communication from CFSL, it shall notify CFSL with a prior written notice of thirty (30) days.
23.4 In the event the Company withdraws its consent or makes a request for a paper copy of a document relating to specific information otherwise sent by E-Communication, CFSL reserves the right to charge the Company a reasonable service charge, to be determined by CFSL at its sole discretion.
23.5 CFSL reserves the right, at its sole discretion, to discontinue or revise these present terms where CFSL opts to provide information to the Company by electronic communication. In such circumstances, the Company shall be provided with reasonable prior notice.
23.6 All communications in electronic format from CFSL to the Company shall be considered «in writing». Any withdrawal of consent to E-communication by the Company or cessation to provide E-Communication by CFSL shall not affect the legality, validity or enforceability of any E-Communication or other notice or communication provided prior to the withdrawal/ cessation. ASC 02-70C Issue No. 06
23.7 The Company undertakes to hold a valid and working e-mail address, computing, mobile or any other applicable communication devices. The Company shall be responsible for ensuring that it has appropriate hardware and software products/versions to review the E-Communication. In the event that the Company makes any changes to these ‘e-communication devices’ and/or fails to access an E-Communication, it shall inform CFSL who shall undertake to indicate to the Company the necessary process to access the E-Communication.
23.8 The Company agrees to review E-Communication promptly and to take required action(s) as requested by CFSL, if any, within the time periods provided in the E-Communicati...
E-COMMUNICATION. The Parties acknowledge and agree that electronic communication is an acceptable method of communicating information between the Parties without having to communicate the same on paper. Any communication and subsequent electronic signature that has been sent or signed in the past, present, or future between the Parties will hold the same force and effect as a document signed and inked on paper. The Parties realize that it is not feasible to adequately foresee and address every issue involving the collaboration of the Parties herein. Hence the Parties shall use their best endeavours to realize their expertise in carrying out the steps and measures necessary for furthering their mutual interest under this Agreement in accordance with the spirit of close cooperation and mutual assistance.