Common use of General Transfer Clause in Contracts

General Transfer. 1.1 Kingsoft Cloud Network agrees to transfer both its rights and obligations under the Exclusive Consultation and Technical Service Agreement to Zhuhai Kingsoft Cloud from the effective date of this Agreement, and Zhuhai Kingsoft Cloud agrees to generally receive the rights and obligations of Kingsoft Cloud Network under the Exclusive Consultation and Technical Service Agreement. 1.2 Kingsoft Cloud Technology agrees and confirms that since the effective date of this Agreement, the rights and obligations of Kingsoft Cloud Network under the Exclusive Consultation and Technical Service Agreement are generally enjoyed or assumed by Zhuhai Kingsoft Cloud. 1.3 Kingsoft Cloud Network and Kingsoft Cloud Technology confirm that there is no dispute between them regarding the performance of the Exclusive Consultation and Technical Service Agreement, and both parties hereby irrevocably and unconditionally waive any type or nature of possible dispute, claim, request, right, obligation, responsibility, action, contract or cause of action against the other party in the past, present or future in direct or indirect relation with or arising from the rights and obligations of the two parties under the Exclusive Consultation and Technical Service Agreement.

Appears in 2 contracts

Sources: Exclusive Consultation and Technical Service Agreement (Kingsoft Cloud Holdings LTD), Exclusive Consultation and Technical Service Agreement (Kingsoft Cloud Holdings LTD)