Common use of ACCEPTANCE AND EFFECTIVE DATE Clause in Contracts

ACCEPTANCE AND EFFECTIVE DATE. This Agreement shall become effective (“Effective Date”) and binding upon: a. The date of signature to this Agreement by both Parties, whether written or electronic; or b. In instances where the Client submits its acceptance electronically under a clickwrap arrangement, the Effective Date shall be the moment the Company processes a payment charge from the Client. Prior to such a charge, the agreement remains subject to the Company’s final review and may be rejected at its discretion. The parties acknowledge that the electronic acceptance of this Agreement through a clickwrap arrangement shall be legally binding and shall have the same force and effect as a paper signing of the Agreement.