Term of Cooperation. 1. Both parties are committed to establishing a long-term and in-depth cooperative relationship. If either party considers that the other party’s behavior infringes upon its legitimate rights and interests, or for any other appropriate reason, the party may terminate This Agreement by consensus when the party deems it unnecessary or impossible to cooperate. In this situation, neither party shall be liable for any legal liabilities and consequences. Upon termination of This Agreement, both parties shall immediately stop the external promotion in the name of the other party.
Appears in 2 contracts
Samples: Cooperation Agreement (JX Luxventure LTD), Strategic Cooperation Agreement (JX Luxventure LTD)
Term of Cooperation. 1. Both parties are committed to establishing a long-term and in-depth strategic cooperative relationship. If either party considers that the other party’s behavior infringes upon its legitimate rights and interests, or for any other appropriate reason, the party may terminate This this Framework Agreement by consensus when the party deems it unnecessary or impossible to cooperate. In this situation, neither party shall be liable for any legal liabilities and consequences. Upon termination of This this Framework Agreement, both parties shall immediately stop the external promotion publicity in the name of the other party.
Appears in 2 contracts
Samples: Framework Agreement (JX Luxventure LTD), Framework Agreement (JX Luxventure LTD)
Term of Cooperation. 1. Both parties are committed to establishing a long-term and in-depth strategic cooperative relationship. If either party considers that the other party’s behavior infringes upon its legitimate rights and interests, or for any other appropriate reason, the party may terminate This this Framework Agreement by consensus when the party deems it unnecessary or impossible to cooperate. In this situation, neither party shall be liable for any legal liabilities and consequences. Upon the termination of This this Framework Agreement, both parties shall immediately stop the external promotion publicity in the name of the other party.
Appears in 1 contract