ARTICLE 11. TERMINATION
1 Either party may terminate this Agreement by notifying the other party in writing;
(a) In the event Purchaser or any affiliated party thereof has field for Purchaser’s bankruptcy, civil rehabilitation, corporate reorganization, protection on its assets, any other proceedings relating to bankruptcy, or commencement of the dissolution or liquidation procedure.
(b) If the other party breaches any provision hereof.
2 Termination of this Agreement shall not relieve either party of any liability arising prior thereto or any liability which by its terms is to take effect upon termination.
ARTICLE 12. FORCE MAJEURE
1. The Seller shall not be liable for compensating the Purchaser for any loss or damage it may incur due to any failure or delay in fulfilling the obligations under this Agreement as far as such failure or delay is caused by prohibition of export, refusal to issue export license, regulations and orders, war, blockade, embargoes, insurrection, mobilization or any other actions of Government authorities, riot, commotion, warlike condition strikes, lockout, shortage or control power supply, plague or other epidemics, quarantine, fire, explosion, flood, typhoon, hurricane, tidal wave, earthquake, Act of God, any other causes beyond the control of Seller or Force Majeure, as long as such cause is present.
2. On the occurrence of any event of force majeure, the Seller shall have the option either;
(a) To extend the time of performing affected obligations during such period as the event of force majeure continues, or
(b) To terminate this Agreement.
If the Seller exercises such option, the Purchaser shall accept such extension of time or termination, as the case may be, without any claim against the Seller.
ARTICLE 13. TAXES AND CHARGES
All customer duties, taxes, imposts, fees and other charges including, without limitation, the cost of any certificate of origin imposed on or required for the Products and sale thereof in the country of shipment, shall be borne by the Seller. All corresponding charges including, without limitation, any import charges imposed in the country of destination shall be borne by the Purchaser.
ARTICLE 14. SUCCESSORS AND ASSIGNS
This Agreement may not be assigned without the prior written consent of the parties hereto. Rights and obligations crated by this Agreement shall be binding upon and inure to the benefit of the parties hereto, their successors and assigns. Whenever used, this singular number shall include the plural, the plural the singular, and the use of any gender shell include all genders.
ARTICLE 15. WAIVER
No action taken pursuant to this Agreement including any investigation by or on behalf of any party shall be deemed to constitute a waiver by the party taking such action of compliance with any representation, warranty, covenant or agreement contain herein or therein and in any documents delivered in connection herewith or therewith. The waiver by any party hereto of a breach of any provision of this agreement shall not operate or be construed as waiver of any subsequent breach.
ARTICLE 16. SEVERABILITY
If any provision of this Agreement will be held to be invalid or unenforceable for any reason, the remaining provision will contain to be valid and enforce. If a court finds that any provision of this Agreement is invalid or unenforceable, but that by limiting such provision it would become valid and enforceable, then such provision will be deemed to be written, construed, and enforced as so limited.
ARTICLE 17. NOTICE
All notices, requests, demands and other communications which are required or may be given under this Agreement shall be in writing in English language unless otherwise agreed between the parties, and shall be deemed to have been duly given if delivered or mailed, registered mail, postage prepaid to Seller, Purchaser, or to such other address as such patty shall have specified by notice in writing to the other party.
ARTICLE 18. CONFIDENTIALITY
Both Seller and Purchaser shall not divulge, communicate, or use to the detriment of the other or for the benefit of any other person or persons, or misuse in any way, any of Seller’s confidential information discovered by or disclosed to Seller or Purchaser as aresult of the delivery, execution or performance of this Agreement.
ARTICLE 19. ENTIRE AGREEMENT
This Agreement contains the entire agreement of the parties, and there are no other promises or condition in any other agreement whether oral or written concerning the subject matter of this Agreement. This Agreement supersedes any prior written or oral agreements between the parties.
ARTICLE 20. GOVERNING LAW
This Agreement and all transactions contemplated hereby shall be governed by and construed and enforced in accordance with the laws of Thailand. Any dispute arising under this Agreement shall be resolved under the commercial arbitration rules of Thai Arbitration Institute.
ARTICLE 21. ARBITRATION
All disputes, controversies or differences in option which may arise between the parties hereto, out of, in relation to or in connection with this Agreement shall be settled by arbitration in Bangkok, Thailand in accordance with the Thai Commercial Arbitration Rules. Any award the rendered by the arbitrator(s) shall be final and binding upon both parties.
ARTICLE 22. MISCELLANEOUS
22.1 Language
This Agreement is made in English. Any translations hereof into any languages, including Japanese, shall be deemed solely as reference materials. In the event any argument arises relating to inconsistency or difference in the interpretation of this Agreement, the English version shell prevail in all respects.
22.2 Dispute
In the event of any dispute related to this Agreement, such as interpretation, enforceability, performance, breach, termination or validity, the Parties shall first attempt to resolve the matter amicably. If the Parties fail to reach a settlement, the dispute shall be submitted to the Thai jurisdictions.
22.3 Amendment
This Agreement may be modified or amended in writhing is signed by the party obligated under the amendment.
This agreement is made in two (2) originals handed to each Party who acknowledge to understand fully all the provisions and singed this Agreement in the presence of two witness at 109/92-95 Moo 19 Soi Suksawad 66, Suksawad Rd., Bangpueng, Prapradaeng, Samutprakarn 10130 Thailand on this November 17, 2014
Seller Purchaser
Thai Hirakawa Co.,Ltd Kanaden (Thailand) Co.,Ltd
(Haruo Ota) (Mr. Akira Kanehara)
Managing Director Managing Director
Witness Witness
Signature :__________________ Signature :___________________
Name: Name: Ms. Disita Rakarin
ARTICLE 11. TERMINATION
1 Either party may terminate this Agreement by notifying the other party in writing;
(a) In the event Purchaser or any affiliated party thereof has field for Purchaser’s bankruptcy, civil rehabilitation, corporate reorganization, protection on its assets, any other proceedings relating to bankruptcy, or commencement of the dissolution or liquidation procedure.
(b) If the other party breaches any provision hereof.
2 Termination of this Agreement shall not relieve either party of any liability arising prior thereto or any liability which by its terms is to take effect upon termination.
ARTICLE 12. FORCE MAJEURE
1. The Seller shall not be liable for compensating the Purchaser for any loss or damage it may incur due to any failure or delay in fulfilling the obligations under this Agreement as far as such failure or delay is caused by prohibition of export, refusal to issue export license, regulations and orders, war, blockade, embargoes, insurrection, mobilization or any other actions of Government authorities, riot, commotion, warlike condition strikes, lockout, shortage or control power supply, plague or other epidemics, quarantine, fire, explosion, flood, typhoon, hurricane, tidal wave, earthquake, Act of God, any other causes beyond the control of Seller or Force Majeure, as long as such cause is present.
2. On the occurrence of any event of force majeure, the Seller shall have the option either;
(a) To extend the time of performing affected obligations during such period as the event of force majeure continues, or
(b) To terminate this Agreement.
If the Seller exercises such option, the Purchaser shall accept such extension of time or termination, as the case may be, without any claim against the Seller.
ARTICLE 13. TAXES AND CHARGES
All customer duties, taxes, imposts, fees and other charges including, without limitation, the cost of any certificate of origin imposed on or required for the Products and sale thereof in the country of shipment, shall be borne by the Seller. All corresponding charges including, without limitation, any import charges imposed in the country of destination shall be borne by the Purchaser.
ARTICLE 14. SUCCESSORS AND ASSIGNS
This Agreement may not be assigned without the prior written consent of the parties hereto. Rights and obligations crated by this Agreement shall be binding upon and inure to the benefit of the parties hereto, their successors and assigns. Whenever used, this singular number shall include the plural, the plural the singular, and the use of any gender shell include all genders.
ARTICLE 15. WAIVER
No action taken pursuant to this Agreement including any investigation by or on behalf of any party shall be deemed to constitute a waiver by the party taking such action of compliance with any representation, warranty, covenant or agreement contain herein or therein and in any documents delivered in connection herewith or therewith. The waiver by any party hereto of a breach of any provision of this agreement shall not operate or be construed as waiver of any subsequent breach.
ARTICLE 16. SEVERABILITY
If any provision of this Agreement will be held to be invalid or unenforceable for any reason, the remaining provision will contain t
ARTICLE 11. TERMINATION
1 Either party may terminate this Agreement by notifying the other party in writing;
(a) In the event Purchaser or any affiliated party thereof has field for Purchaser’s bankruptcy, civil rehabilitation, corporate reorganization, protection on its assets, any other proceedings relating to bankruptcy, or commencement of the dissolution or liquidation procedure.
(b) If the other party breaches any provision hereof.
2 Termination of this Agreement shall not relieve either party of any liability arising prior thereto or any liability which by its terms is to take effect upon termination.
ARTICLE 12. FORCE MAJEURE
1. The Seller shall not be liable for compensating the Purchaser for any loss or damage it may incur due to any failure or delay in fulfilling the obligations under this Agreement as far as such failure or delay is caused by prohibition of export, refusal to issue export license, regulations and orders, war, blockade, embargoes, insurrection, mobilization or any other actions of Government authorities, riot, commotion, warlike condition strikes, lockout, shortage or control power supply, plague or other epidemics, quarantine, fire, explosion, flood, typhoon, hurricane, tidal wave, earthquake, Act of God, any other causes beyond the control of Seller or Force Majeure, as long as such cause is present.
2. On the occurrence of any event of force majeure, the Seller shall have the option either;
(a) To extend the time of performing affected obligations during such period as the event of force majeure continues, or
(b) To terminate this Agreement.
If the Seller exercises such option, the Purchaser shall accept such extension of time or termination, as the case may be, without any claim against the Seller.
ARTICLE 13. TAXES AND CHARGES
All customer duties, taxes, imposts, fees and other charges including, without limitation, the cost of any certificate of origin imposed on or required for the Products and sale thereof in the country of shipment, shall be borne by the Seller. All corresponding charges including, without limitation, any import charges imposed in the country of destination shall be borne by the Purchaser.
ARTICLE 14. SUCCESSORS AND ASSIGNS
This Agreement may not be assigned without the prior written consent of the parties hereto. Rights and obligations crated by this Agreement shall be binding upon and inure to the benefit of the parties hereto, their successors and assigns. Whenever used, this singular number shall include the plural, the plural the singular, and the use of any gender shell include all genders.
ARTICLE 15. WAIVER
No action taken pursuant to this Agreement including any investigation by or on behalf of any party shall be deemed to constitute a waiver by the party taking such action of compliance with any representation, warranty, covenant or agreement contain herein or therein and in any documents delivered in connection herewith or therewith. The waiver by any party hereto of a breach of any provision of this agreement shall not operate or be construed as waiver of any subsequent breach.
ARTICLE 16. SEVERABILITY
If any provision of this Agreement will be held to be invalid or unenforceable for any reason, the remaining provision will contain to be valid and enforce. If a court finds that any provision of this Agreement is invalid or unenforceable, but that by limiting such provision it would become valid and enforceable, then such provision will be deemed to be written, construed, and enforced as so limited.
ARTICLE 17. NOTICE
All notices, requests, demands and other communications which are required or may be given under this Agreement shall be in writing in English language unless otherwise agreed between the parties, and shall be deemed to have been duly given if delivered or mailed, registered mail, postage prepaid to Seller, Purchaser, or to such other address as such patty shall have specified by notice in writing to the other party.
ARTICLE 18. CONFIDENTIALITY
Both Seller and Purchaser shall not divulge, communicate, or use to the detriment of the other or for the benefit of any other person or persons, or misuse in any way, any of Seller’s confidential information discovered by or disclosed to Seller or Purchaser as aresult of the delivery, execution or performance of this Agreement.
ARTICLE 19. ENTIRE AGREEMENT
This Agreement contains the entire agreement of the parties, and there are no other promises or condition in any other agreement whether oral or written concerning the subject matter of this Agreement. This Agreement supersedes any prior written or oral agreements between the parties.
ARTICLE 20. GOVERNING LAW
This Agreement and all transactions contemplated hereby shall be governed by and construed and enforced in accordance with the laws of Thailand. Any dispute arising under this Agreement shall be resolved under the commercial arbitration rules of Thai Arbitration Institute.
ARTICLE 21. ARBITRATION
All disputes, controversies or differences in option which may arise between the parties hereto, out of, in relation to or in connection with this Agreement shall be settled by arbitration in Bangkok, Thailand in accordance with the Thai Commercial Arbitration Rules. Any award the rendered by the arbitrator(s) shall be final and binding upon both parties.
ARTICLE 22. MISCELLANEOUS
22.1 Language
This Agreement is made in English. Any translations hereof into any languages, including Japanese, shall be deemed solely as reference materials. In the event any argument arises relating to inconsistency or difference in the interpretation of this Agreement, the English version shell prevail in all respects.
22.2 Dispute
In the event of any dispute related to this Agreement, such as interpretation, enforceability, performance, breach, termination or validity, the Parties shall first attempt to resolve the matter amicably. If the Parties fail to reach a settlement, the dispute shall be submitted to the Thai jurisdictions.
22.3 Amendment
This Agreement may be modified or amended in writhing is signed by the party obligated under the amendment.
This agreement is made in two (2) originals handed to each Party who acknowledge to understand fully all the provisions and singed this Agreement in the presence of two witness at 109/92-95 Moo 19 Soi Suksawad 66, Suksawad Rd., Bangpueng, Prapradaeng, Samutprakarn 10130 Thailand on this November 17, 2014
Seller Purchaser
Thai Hirakawa Co.,Ltd Kanaden (Thailand) Co.,Ltd
(Haruo Ota) (Mr. Akira Kanehara)
Managing Director Managing Director
Witness Witness
Signature :__________________ Signature :___________________
Name: Name: Ms. Disita Rakarin
ARTICLE 11. TERMINATION
1 Either party may terminate this Agreement by notifying the other party in writing;
(a) In the event Purchaser or any affiliated party thereof has field for Purchaser’s bankruptcy, civil rehabilitation, corporate reorganization, protection on its assets, any other proceedings relating to bankruptcy, or commencement of the dissolution or liquidation procedure.
(b) If the other party breaches any provision hereof.
2 Termination of this Agreement shall not relieve either party of any liability arising prior thereto or any liability which by its terms is to take effect upon termination.
ARTICLE 12. FORCE MAJEURE
1. The Seller shall not be liable for compensating the Purchaser for any loss or damage it may incur due to any failure or delay in fulfilling the obligations under this Agreement as far as such failure or delay is caused by prohibition of export, refusal to issue export license, regulations and orders, war, blockade, embargoes, insurrection, mobilization or any other actions of Government authorities, riot, commotion, warlike condition strikes, lockout, shortage or control power supply, plague or other epidemics, quarantine, fire, explosion, flood, typhoon, hurricane, tidal wave, earthquake, Act of God, any other causes beyond the control of Seller or Force Majeure, as long as such cause is present.
2. On the occurrence of any event of force majeure, the Seller shall have the option either;
(a) To extend the time of performing affected obligations during such period as the event of force majeure continues, or
(b) To terminate this Agreement.
If the Seller exercises such option, the Purchaser shall accept such extension of time or termination, as the case may be, without any claim against the Seller.
ARTICLE 13. TAXES AND CHARGES
All customer duties, taxes, imposts, fees and other charges including, without limitation, the cost of any certificate of origin imposed on or required for the Products and sale thereof in the country of shipment, shall be borne by the Seller. All corresponding charges including, without limitation, any import charges imposed in the country of destination shall be borne by the Purchaser.
ARTICLE 14. SUCCESSORS AND ASSIGNS
This Agreement may not be assigned without the prior written consent of the parties hereto. Rights and obligations crated by this Agreement shall be binding upon and inure to the benefit of the parties hereto, their successors and assigns. Whenever used, this singular number shall include the plural, the plural the singular, and the use of any gender shell include all genders.
ARTICLE 15. WAIVER
No action taken pursuant to this Agreement including any investigation by or on behalf of any party shall be deemed to constitute a waiver by the party taking such action of compliance with any representation, warranty, covenant or agreement contain herein or therein and in any documents delivered in connection herewith or therewith. The waiver by any party hereto of a breach of any provision of this agreement shall not operate or be construed as waiver of any subsequent breach.
ARTICLE 16. SEVERABILITY
If any provision of this Agreement will be held to be invalid or unenforceable for any reason, the remaining provision will contain t
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