Common use of Effective Date, Duration and Termination Clause in Contracts

Effective Date, Duration and Termination. This subcontracting contract will take effect for a period of eight (8) months with effect from 1st May 2002. However, in the event of the subcontractor failing in its obligations as they are presented in article IV below or of the INRIA failing in its own obligations, as defined in paragraph V below, the injured party may cancel this contract before its term after giving the other party the opportunity to fulfill its obligations according to the following procedure: The notification of the breach will be made by registered letter with acknowledgement of receipt. If, within a 45-day period, with effect from the said notification, the breach has not been rectified, the injured party, the INRIA or the subcontractor may enforce the cancellation of this contract.

Effective Date, Duration and Termination. This subcontracting contract will take effect for a period of eight nine (8) 9) months with effect from 1st May April 2002. However, in the event of the subcontractor failing in its obligations as they are presented in article IV below or of the INRIA failing in its own obligations, as defined in paragraph V below, the injured party may cancel this contract before its term after giving the other party the opportunity to fulfill its obligations according to the following procedure: term. The notification of the breach will be made by registered letter with acknowledgement of receipt. If, within a 45-day period, with effect from the said notification, the breach has not been rectified, the injured party, the INRIA or the subcontractor may enforce the cancellation of this contract.