Common use of Notification Method Clause in Contracts

Notification Method. Both parties confirm that the communication address recorded on the first page of this agreement is their true and valid mailing address. The official way of sending formal notices between Party A and Party B is by email, but when it comes to the rights and obligations of Party A or Party B, notices must be sent in writing by mail at the same time. The party shall be deemed to have fulfilled its obligation to serve the documents required by both parties by mailing, faxing, or delivering them directly to the address for communication. If the address changes, both Party A and B shall promptly notify each other in writing. Otherwise, the legal consequences arising from this shall be assumed by the party who fails to give notice.

Appears in 2 contracts

Sources: Dealer Distribution Agreement (Baird Medical Investment Holdings LTD), Dealer Distribution Agreement (Baird Medical Investment Holdings LTD)