Effectiveness, Modification and Termination Clause Examples

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Effectiveness, Modification and Termination. 10.1 This Agreement shall become effective on the date of its being signed and sealed by the authorized representatives of both parties and shall continue in force for a period of one (1) year. 10.2 Unless otherwise expressly provided herein, Party A shall have the right to immediately terminate this Agreement by writing notice at its own discretion at any time, in case that Party B defaults its performance of any of following obligations: 10.2.1 Party B breaches this Agreement, and yet not corrects its breach or takes full, effective and timely measures to remedy its failure and compensates Party A for the loss arising therefrom, within thirty (30) days after the date of notice by Party A demanding the performance, 10.2.2 Party B goes bankrupt or enters into a liquidation proceeding and such proceeding is not yet withdrawn within seven (7) days; 10.2.3 Party B may not perform this Agreement for over twenty (20) days due to force majeure. 10.3 Notwithstanding the aforesaid provisions, Party B agrees hereby that Party A shall have the right to terminate this Agreement by written notice twenty (20) days in advance without any reason at any time. Unless otherwise expressly provided herein, Party B shall not terminate this agreement prior to the term of this Agreement. 10.4 Earlier termination of this Agreement shall not release either party from performing its rights and obligation that has come into existence prior to such termination.
Effectiveness, Modification and Termination. 6.1 This Agreement shall go into effect when it is signed by the authorized representatives of the Parties with seals affixed; 6.2 Upon the effectiveness of this Agreement and unless otherwise agreed upon by the parties hereto, neither party may modify or terminate this Agreement. Any modification or termination shall be in writing after both parties’ consultations. The provisions of this Agreement remain binding on both parties prior to any written agreement on modification or termination.
Effectiveness, Modification and Termination. 8.1 This agreement shall be effective since it is signed by authorized representatives of the parties. 8.2 The parties may via negotiation modify or terminate this agreement in advance in written form at any time. 8.3 Any party shall have the right to terminate this agreement unilaterally in advance with written notice given if any of the following situations occurs to the other party: 8.3.1 Within 30 days since the written notice sent out by the non-breaching party, the breaching party still not modifies its breach of the contact, or takes sufficient, effective and timely measures to avoid the bad results, and compensate for the losses of the non-breaching party due to its breaching actions. 8.3.2 Such party is unable to continue to perform this agreement due to force majesture. 8.4 Earlier termination of this agreement shall not affect the generated rights and obligations by this agreement before such termination date.
Effectiveness, Modification and Termination. 7.1 This Agreement shall be effective from the signature date of this Agreement and terminate on and before the expiration of the duration of attorney hereunder. 7.2 Prior to the expiration of this Agreement, the Grantor will relief its obligations bound by this Agreement, upon the completion of transferring its entire equity interests of the Domestic Company to the WFOE or any third party designated by the WFOE. 7.3 Grantor hereby irrevocably and permanently waives his power of termination. 7.4 No amendment, supplementary or modification of this Agreement shall occur except in written consent by both Parties. The amend agreement and supplementary agreement (if any) that have been signed and sealed by the Parties shall constitute an integrate part hereof and have the same validity as this Agreement. 7.5 Grantor agrees, the WFOE have the right to terminate this Agreement with ten (10) days prior written notices, without given any cause, and shall not be liable for any remedies. However, the Grantor shall not terminate this Agreement prior to expiry in any reason without the prior written approval. 7.6 Any earlier termination hereof shall not affect any of rights and obligations undertaken by any Party before the date of termination under this Agreement.
Effectiveness, Modification and Termination. 13.1 This Contract comes into effect from the date of the signing of it, and ends on the date when all of Party A's Principal Claims has been satisfied. 13.2 Any modification to this Contract shall be negotiated, made in writing, and agreed on by the parties. Any such modification terms or agreements shall be integral to this Contract, and shall have the same force and effect with this Contract. Except for those terms as modified, the remaining provisions hereof shall remain effective. However, original terms hereof shall remain effective before those modified terms come into effect. 13.3 If any provision of this Contract becomes void or unenforceable, the validity or enforcement of the remaining provisions hereof, or the validity of the whole Contract shall not be affected in any way. 13.4 Any modification to and/or any termination of this Contract shall not affect either party's rights to claim indemnification. And any termination of this Contract shall not affect the validity of the terms in relation to the dispute resolutions.
Effectiveness, Modification and Termination. 8.1 This Agreement shall enter into force from the date of signing and sealing by Parties and terminates when the term of authorization provided by this Agreement expires. 8.2 Prior to the expiration of this Agreement, if the Authorizer transfers all its stocks of [VIE] to Sina Company or other party agreed upon by Sina Company in written form in advance, the Authorizer shall not be bound by any provisions of this Agreement from the date of completing stock transfer. But the Authorizer shall notify the transferee in writing the existence of this Agreement during the transfer, and the transferee’s full consent to be bound by this Agreement shall be the precondition of transferring stock rights. 8.3 The Authorizer hereby irrevocably and permanently waives its right to rescind this Agreement at any time. 8.4 The Parties may modify and supplement this Agreement in written form with consents from both. Such modification and supplement signed by and between the Parties shall be part of this Agreement with equal legal effect to this Agreement. 8.5 The Authorizer hereby agrees that Sina Company shall have the right to terminate this Agreement from time to time without any reason by written notification rendered 10 days ahead and shall not bear any liability for breach. 8.6 Earlier termination of this Agreement shall not impose any effect upon the Parties’ rights and obligations occurred already according to this Agreement prior to the date of such termination.
Effectiveness, Modification and Termination. 7.1 This Agreement shall become effective after it is signed/stamped by both parties. 7.2 Within the term of this Agreement, neither Party may unilaterally modify the terms hereof without permission; in case one party intends to modify the terms of this Agreement, both parties shall sign a supplementary agreement upon reaching consensus through consultation. 7.3 Except for the termination specified by laws and otherwise agreed herein, under any of the following circumstances, this Agreement shall be terminated immediately. In case the Agreement is terminated pursuant to this Article, the non-breaching party may require the breaching party to assume the liability for breach of this Agreement and indemnify the non-breaching party for the losses incurred, including all the economic losses of the non-breaching party resulting from the breaching party’s breach of the Agreement. 7.3.1 Relevant practicing qualification possessed by Party A or Party B is cancelled or revoked by governmental administrative departments. 7.3.2 The sales agency period agreed herein expires, and the Agreement will be renewed and remain effective if both parties have no objection. 7.3.3 Party A or Party B breaches their respective representations and warranties made in Article 8 hereof; either party hereto enters, or is applied by any the third party to enter the bankruptcy or liquidation proceedings. 7.3.4 If one party delays in fulfilling this Agreement and fails to take any actions five (5) days after the other party notifies the breaching party of such delay in writing, the other party may terminate the Agreement, and the breaching party shall assume the liabilities to compensate for all the economic losses. 7.3.5 One party fails to fulfill this Agreement for more than consecutive twenty (20) days due to any event of Force Majeure. 7.4 Prior to the termination of this Agreement, both parties shall negotiate the subsequent matters during the performance of this Agreement. 7.5 Any party may terminate this Agreement by giving a written notice to the other party one month in advance. 7.6 The termination of this Agreement shall not affect the right of one party towards the other party, and shall not release one party from any surviving obligation under this Agreement. 7.7 The contract between the Party A and Party B is cancelled following the cancellation of the contract between the Party A and games publisher.
Effectiveness, Modification and Termination. 1. This Agreement shall come into effect after both the Borrower and the Creditor stamp official seals on it and signed or sealed by the legal representatives or the persons authorized of both parties, and shall be terminated after all outstanding loans under the Agreement have been paid off. 2. After the Agreement takes into effect, any party shall not modify or terminate the Agreement unless otherwise specified in the Agreement. The modification or termination of the Agreement, if required, shall be subject to the written agreement of both parties hereto through consultation.
Effectiveness, Modification and Termination. This Agreement shall enter into force from the date of signing and sealing by Parties and terminates when the term of authorization provided by this Agreement expires.
Effectiveness, Modification and Termination. 16.1 This Contract comes into effect from the signing date till the fully performance date of obligations by the Borrower under this Contract. 16.2 The modification of this Contract must be agreed by both parties and determined by written forms. The article or agreement altered is a part of this Contract and shall assume the same legal force with this Contract. Besides the part altered, other parts of this Contract remain their validity; and original articles hold the validity before effectiveness of changed part. 16.3 Any modification or termination of this Contract shall not affect the claim rights to either party. The termination of this Contract shall not infringe the effectiveness of resolution of related disputes.