Common use of Termination of the Existing Control Documents Clause in Contracts

Termination of the Existing Control Documents. 第1条 现有控制文件的终止 1.1 Party A, Party B, Party C and Party D hereby irrevocably agree and acknowledge that all of the Existing Control Documents shall be terminated and have no effect as of the date of this Agreement. 甲方、乙方、丙方和丁方特此不可撤销地同意并承认,所有现有控制文件自本协议签订之日起终止且无效。 1.2 As of the date of this Agreement, Party A, Party B, Party C and Party D shall no longer have any rights under all and/or any of the Existing Control Documents, nor shall they be required to perform any obligations under all and/or any of the Existing Control Documents. 自本协议签订之日起,甲方、乙方、丙方和丁方不再拥有全部和/或任何现有控制文件项下的任何权利,也不再被要求履行所有和/或任何现有控制文件项下的任何义务。 1.3 Unless otherwise agreed in Article 1.2 above, each of Party A, Party B, Party C and Party D hereby irrevocably and unconditionally releases the Other Parties hereto from any disputes, claims, demands, rights, obligations, liabilities, actions, contracts or causes of action of any kind or nature that it had, has or may have in the future, directly or indirectly, relating to or arising out of all and/or any of the Existing Control Documents. 除非上述第1.2条另有约定,甲方、乙方、丙方和丁方均不可撤销地、无条件地免除其他方在此产生的任何争议、索赔、要求、权利、义务、责任、其曾经、现在或将来可能直接或间接与所有和/或任何现有控制文件相关或由其引起的任何种类或性质的诉讼、合同或诉讼因由。

Appears in 2 contracts

Sources: Vie Termination Agreement (Planet Green Holdings Corp.), Vie Termination Agreement (MingZhu Logistics Holdings LTD)