Common use of Approval of the Contract Clause in Contracts

Approval of the Contract. 5.1 The validity and commencement of this Contract is subject to approval by the League Association’s administration. The administration must make sure in this connection: - that the Club has a valid con- tract football licence and has not lost its right to enter into player contracts; and - that the printed provisions are only varied where expressly provided that they may be varied by agreement. The rates in Part 2, Sections 14-16, may be varied upwards. 5.2 The Club is responsible for submitting this Con- tract for approval. The Contract must be submitted before the expiry of any transfer registration period in progress at the time of its signing and no later than 7 days after the signing date. If the Club fails to do so, the Player may opt to either cancel the Contract by written notice to the Club or submit the Contract for approval him-/herself. 5.3 From the date when the Contract is signed and until its approval or rejection by the League Asso- ciation’s administration, subject to a maximum of 4 weeks from the signing date, the parties will be bound by their signatures unless the Player has already cancelled the Contract pursuant to Section 5.2 and was entitled to do so. 5.4 Once a final decision on approval or rejection of the Contract has been reached, League Association's administration will notify the Club and the Player of its decision in writing. If the Contract is rejected, the reasons for doing so must be stated in the notification. A rejection may be appealed to foot- ball's own disciplinary body in accordance with the relevant rules contained in the laws and regulations issued by DBU from time to time. 5.5 Any amendments of or addendums to the Contract will be binding only when put in writing, submitted to and approved by League Association's admin- istration in accordance with the above provisions. The same applies to any agreement by the parties to terminate the Contract

Appears in 2 contracts

Sources: Player Contract, Player Contract

Approval of the Contract. 5.1 The validity and commencement of this Contract is subject to approval by the League Association’s DBU's administration. The administration must make sure in this connection: - that the Club has a valid con- tract contract football licence and has not lost its right to enter into player contractscon- tracts; and - that the printed provisions are only varied where expressly provided that they may be varied by agreement. The rates in Part 2, Sections 14-16, may be varied upwards. 5.2 The Club is responsible for submitting this Con- tract Contract for approval. The Contract must be submitted before the expiry of any transfer registration period in progress pro- ▇▇▇▇▇ at the time of its signing and no later than 7 days after the signing date. If the Club fails to do so, the Player may opt to either cancel the Contract by written notice to the Club or submit the Contract for approval him-/herselfherself. 5.3 From the date when the Contract is signed and until its approval or rejection by the League Asso- ciation’s DBU's administration, subject to a maximum of 4 weeks from the signing date, the parties will be bound by their signatures unless the Player has already cancelled the Contract pursuant to Section 5.2 and was entitled to do so. 5.4 Once a final decision on approval or rejection of the Contract has been reached, League AssociationDBU's administration will notify the Club and the Player of its decision in writing. If the Contract is rejected, the reasons for doing so must be stated in the notification. A rejection rejec- tion may be appealed to foot- ballfootball's own disciplinary body committee in accordance with the relevant rules contained in the laws and regulations issued by DBU from time to time. 5.5 Any amendments of or addendums to the Contract will be binding only when put in writing, submitted to and approved by League AssociationDBU's admin- istration administration in accordance accord- ance with the above provisions. The same applies to any agreement by the parties to terminate the ContractCon- tract

Appears in 2 contracts

Sources: Player Contract, Player Contract