INTO EFFECT Clause Samples

The 'INTO EFFECT' clause defines the point in time when an agreement or specific provisions within it become legally binding and enforceable. Typically, this clause specifies a particular date, event, or the completion of certain conditions that trigger the commencement of the contract's obligations. For example, a contract might state it comes into effect upon signature by both parties or upon delivery of a product. Its core practical function is to provide clarity and certainty about when the parties' rights and duties begin, thereby preventing disputes over the timing of contractual obligations.
INTO EFFECT. As of the effective date of termination or Contract expiry, all rights of access and use of the Solution and the Application Service cease to have effect. The Customer shall immediately cease to have access to the Solution and the Application Service and to use the relevant Identifiers. Articles 5,7,9.2,10.2,12,12,16,17,19 and 20 as well as all clauses which by their very nature are intended to endure beyond the termination or expiration of the term of the Contract, remain in force and apply by operation of law.
View SourceView Similar (6)

Related to INTO EFFECT

  • Entry into effect This Part 3 shall apply in respect of Restrictions of Use.

  • Agreement into Effect The Recipient will provide such further assurances as the Province may request from time to time with respect to any matter to which the Agreement pertains, and will otherwise do or cause to be done all acts or things necessary to implement and carry into effect the terms and conditions of the Agreement to their full extent.

  • No Effect Failure by the Company to comply with any of the obligations set forth above shall not affect the status of the Company as a separate legal entity, with its separate assets and separate liabilities.

  • Termination of Obligations to Effect Closing; Effects (a) The obligations of the Company, on the one hand, and the Investors, on the other hand, to effect the Closing shall terminate as follows: (i) Upon the mutual written consent of the Company and the Investors; (ii) By the Company if any of the conditions set forth in Section 6.2 shall have become incapable of fulfillment, and shall not have been waived by the Company; (iii) By an Investor (with respect to itself only) if any of the conditions set forth in Section 6.1 shall have become incapable of fulfillment, and shall not have been waived by the Investor; or (iv) By either the Company or any Investor (with respect to itself only) if the Closing has not occurred on or prior to November 15, 2016; provided, however, that, except in the case of clause (ii) or (iii) above, the party seeking to terminate its obligation to effect the Closing shall not then be in breach of any of its representations, warranties, covenants or agreements contained in this Agreement or the other Transaction Documents if such breach has resulted in the circumstances giving rise to such party’s seeking to terminate its obligation to effect the Closing. (b) In the event of termination by any Investor of its obligations to effect the Closing pursuant to Section 6.3(a)(iii), written notice thereof shall promptly be given to the other Investors by the Company and the other Investors shall have the right to terminate their obligations to effect the Closing upon written notice to the Company and the other Investors. Nothing in this Section 6.3 shall be deemed to release any party from any liability for any breach by such party of the terms and provisions of this Agreement or the other Transaction Documents or to impair the right of any party to compel specific performance by any other party of its obligations under this Agreement or the other Transaction Documents.

  • Condition to Effectiveness As a condition to the effectiveness of this Amendment, an Opinion of Counsel satisfying the requirements of Section 12.01 of the Agreement has been received by the Parties hereto.