Common use of No Certification Clause in Contracts

No Certification. In line with the Parties' mutual understanding of the Ministry of Industry and Information Technology (“MIIT”) current Standard Conditions for the Automobile Power Battery Industry for 2015 (“2015 Standards”), Party A confirms its expectation of achieving the Site Certification Date by December 31, 2017. However, if MIIT amends the 2015 Standards with new requirements for Party A to achieve (“Modified Standards”), then the Site Certification Date under the Modified Standards will be achieved by Party A no later than June 30, 2018 (“Modified Site Certification Deadline”). In the event that: (a) Party A cannot achieve the Site Certification Date within 12 months of the Effective Date in accordance with the 2015 Standards (“Site Certification Deadline”); or (b) Party A cannot achieve the Modified Standards by the Modified Site Certification Deadline, then Party B can in good faith proceed with an alternate partner for localization efforts in the Field and in the Territory and the license grant in Section 4.1 related to the Field shall become non‑exclusive, the requirements of the exclusive supply obligations under Section 9.1 shall remain unchanged, but the key commercialization terms associated with the Field will be renegotiated upon commercially reasonable terms. For the avoidance of doubt, the commercialization terms, including the *** , related to the *** will remain in effect.

No Certification. In line with the Parties' mutual understanding of the Ministry of Industry and Information Technology (“MIIT”) current Standard Conditions for the Automobile Power Battery Industry for 2015 (“2015 Standards”), Party A confirms its expectation of achieving the Site Certification Date by December 31, 2017. However, if MIIT amends the 2015 Standards with new requirements for Party A to achieve (“Modified Standards”), then the Site Certification Date under the Modified Standards will be achieved by Party A no later than June 30, 2018 (“Modified Site Certification Deadline”). In the event that: (a) Party A cannot achieve the Site Certification Date within 12 months of the Effective Date in accordance with the 2015 Standards (“Site Certification Deadline”); or (b) Party A cannot achieve the Modified Standards by the Modified Site Certification Deadline, then Party B can in good faith proceed with an alternate partner for localization efforts in the Field and in the Territory and the license grant in Section 4.1 related to the Field shall become non‑exclusive, the requirements of the exclusive supply obligations under Section Section 9.1 shall remain unchanged, but the key commercialization terms associated with the Field will be renegotiated upon commercially reasonable terms. For the avoidance of doubt, the commercialization terms, including the *** , related to the *** will remain in effect.