Several Noticeable Problems in Exercising Implementation of Right to Plea for Reciprocal Contract;
Discussion on Bilateral Contract's Interests the Protection Mechanism of on the Side of Earlier Performing Party
Contract where the two parties each has duties to the other
Both parties shall fulfil their respective contract obligation.
The two sides will continue to strive together and strengthen cooperation in a pragmatic spirit.
Bilingual Teaching of International Trade Practice from Characteristics of English Contract Perspective;
"Notwithstanding any reference to arbitration, Both Parties shall continue to perform their respective obligations under the Contract unless otherwise agreed."
"The agent and the principal shall conclude and sign an agency agreement, in which the rights and obligations of Both parties should be specified."
Marine insurance contracts are indemnity contracts and require the parties to exercise the utmost good faith.
The contract is then said to be a bilateral one, that is, one under which each party undertakes obligations.
The agreement concerning stud fees should be in writing and clearly state all obligations and circumstances.
Both parties initialed the contract and reported to the Ministry of Commerce, which provided approval on April 29.
The contractees should sign a contract with the correspondents contractor to define each other's rights and obligations.
The party awarding contract and the contractor shall conclude an agricultural contract to define the rights and duties of both parties.
Employment agreements shall be entered into by a listed company and its management personnel to clarify each party's rights and obligations.
all those creditor's rights and debts which have not been fulfilled by either of the Parties shall still be fulfilled by both parties without any influence of the expiry of validity period of the Contract.
Both Parties shall proceed with their obligations immediately upon the cease of the event of Force Majeure or the removal of the effects and the term of the Contract shall be extended correspondingly.
Avoidance of the contract releases both parties from their obligations under it, subject to any damages which may be due.