Validity Term Clause Samples

Validity Term. The validity term of the CAO is from 1 July 2024 to 30 June 2025.

Validity Term. The Guarantee is issued for a period from the Issue Date through a date that occurs after 96 months from the date of Amendment Agreement No.

Validity Term. 2.1 The proposed LTA shall be valid for an initial period of 3 years, with a possible renewal.

Validity Term. The Memorandum shall be effective from the signing date of the legal representative or the authorized representative of the Acquirer and the Company (together with seal of the Company) and the Current Shareholders, and expire on the earlier of (a) 150 days from the effective date of the Memorandum; and (b) execution date of definitive legal documents. Exclusivity: Within the validity term of the Memorandum, without prior written consent of the Acquirer, the Company, the Current Shareholders or any of their affiliates, senior officer, director or representative shall not solicit, initiate, consider, encourage or accept any of the following offers or proposals provided by any party: (a) any investment in the Company; (b) any acquisition of all or part of the equity interests or assets of the Company; (c) merge, consolidation or other kinds of acquisition of the Company or its business; or (d) capital reorganization, asset reorganization or other irregular business transactions involving or related to the Company; or participate in any discussion, negotiations and other kinds of communications in relation to the above matters, or provide other entities with information related to the above matters, or cooperate, assist, participate in, promote or encourage other entities’ attempt to do the above matters.

Validity Term. 14.1. This Agreement is concluded for years and comes into effect on the date of its registration in Rospatent. 14.2. Each Party preserves the right to terminate the Agreement before its expiration date by sending a notice in writing to the other Party, if the other Party fails to fulfill any condition pursuant to Clause of this Agreement. However, the breaching Party shall be given 14.3. If this Agreement is terminated before its expiration date due to the Licensee’s failure to fulfill obligations, the Licensee shall lose the right to use the invention pursuant to Clause 3.1 in any way and shall return all technical documents to the Licensor. 14.4. In case the patents are found invalid fully or in part or the patents legal force is terminated before this Agreement expires or due to the Licensor’s failure to fulfill its obligations stipulated in Clause of this Agreement, the Parties shall settle their relations arising from this Agreement as provided below: (considering Clause 6 and Clauses 11.1 and 11.2 of this Agreement). 14.5. When this Agreement expires, the Licensee preserves the right to use inventions of the Licensor according to Clause 3.1 to the extent stipulated by this Agreement, free of charge. Confidentiality clause shall not expire .

Validity Term. The Parties can agree to prolong the Validity Term by concluding Annex to this Agreement at the latest [30] days before the Validity Term's expiration. ɋɜɚɤɋɚɬɪɚɦɧɨɚɠʁɟɟɞɧɨɫ, ɫɬɚɪɬɚɪɧɟɨɧɭ ɞɟʁɫ,ɬɫɜɥɨɚɦʃɩɟɢɦɫɚɢɧɡɟʁɨɚɪɜɚɟɫɤɞɢɪɞɭɭ ɍɝɨɜɨɪɫɧɬɨɪ,ʁɚɞɧɚɢɪɚɫɤɢɨɧɜɟɚɍʁɝɨɜɭɨ ɫɥɭɱɩɚɨʁɜɭɪɍɟɝɞɨɟɜɨɨɞɪɫɚɬɪɚɞɧɪɟɭɋɝɬɟɪ.ɚ ɋɜɤɚɚɋɬɪɚɢɧɦɚɚɩɪɚɧɜɚɨʁɟɞɧɨɫɪɬɚɪɫɚ ɨɜɨɍɝɨɜ, ɨɛɪɟɪɚɡɚɡɥ, ɫɨɥɝɚʃɩɟɢɦɫɚɢɧɡɟʁɨɚ ɪɚɫɤɞɢɪɞɭɝɋɨɬʁɪɚ, ɫɧɚɢɪɚɫɤɢɞɪɧɨɢɤɦɨ [30] ɞɚɧɨɚɞɞɚɧɩɚɪɢʁɬɟɟɢɦɡɚʁɨɚɞɜɫɟɬɪɚɞɧɪɟɭ ɋɬɪɚ. ɧɟ Each Party may terminate this Agreement unilaterally, with immediate effect, by sending a written termination notice to the other Party, in the case of a breach of the Agreement by other Party. Each Party may terminate this Agreement unilaterally, without cause, by sending a written termination notice to other Party, with termination term of [30] days from the date of the statement receipt by the Party to which the statement was sent. ɋɬɪɚɫɧɭɫɟɚɝɥɚɞɚɫɭɧɫɟɥɭɱɪɚɚʁɫɭɤɍɢɝɞɨɚɜ ɤɪɢɜɢʁɰɟɨɞɋɦɧɬɟɪɚ, ɞɧɪɟɭɋɝɬɚɪɚɢɧɦɚɩɚɪɚɧɜ ɧɚɤɧɲɚɬɞɟɭ. ɬɟ The Parties agree that, in the case of the Agreement's termination by one of the Parties' fault, the other Party is entitled to damage remuneration.

Validity Term. In accordance with Article 1,330 of the Civil and Commercial Code, it is hereby expressly agreed that the Power of Attorney hereby granted is validly granted to the Collateral Agent for the period beginning on the date hereof and ending on the Termination Date. In addition, CVH expressly waives to claim the ineffectiveness or unenforceability of any acts performed under this power of attorney based on Section 368 of the Civil and Commercial Code.

Validity Term. (a) Each Proxy shall terminate on the date that all Class B Ordinary Shares are converted into Class A Ordinary Shares. (b) As a condition of transfer of Covered Shares by a Covered Holder to a third party that is a Permitted Transferee (as defined in the PubCo Charter), the Covered Holder shall cause such Permitted Transferee to enter into a deed of adherence to this Deed, in the form of the Deed of Adherence attached hereto as Exhibit A, by which such third party shall agree to be bound by the terms and conditions set forth in this Section 1 and agree to assume the obligations and liabilities of such Covered Holder as if he/she/it were named herein as such Covered Holder, and shall deliver a copy of such document to the Company and the Proxyholder together with the notice of such transfer.

Validity Term. This Contract shall be valid for 1 year, commencing from November 1, 2009 and ending on October 31, 2010.