Legal English Challenge 2024 – Week 3 Test

Identify the type of clause.

All notices, requests, demands, or other communications required or permitted by the terms of this Agreement shall be in writing and shall be deemed to have been duly given when delivered personally or by overnight courier, or three (3) days after being mailed by certified or registered mail, postage prepaid, return receipt requested, to the addresses of the parties as set forth herein or to such other address as either party may designate by notice to the other party.

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change in ownership, grant or transfer rights, delegate obligations, third party,  prior written consent

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conclude prematurely, giving notice, employment contracts, material breach, severe financial difficulties, liquidation, business ceases trading

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If any provision of this Agreement is held to be invalid or unenforceable for any reason, the remaining provisions will continue to be valid and enforceable. 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. The invalidity or unenforceability of any provision of this Agreement will not affect the validity or enforceability of any other provision of this Agreement.

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The present Agreement may only be modified or amended in writing and signed by all parties hereto.

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remain, contra proferentem, partially valid and enforceable, invalid or unenforceable, remove, declared void, severable

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integration, merger, whole agreement, complete and final agreement, superseded, parol evidence rule, previous agreements, contra proferentem

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change, alterations to the terms of the contract, process, written consent, formality, reducing, misunderstandings and disputes

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This Agreement may be executed in four (4) copies, each of which shall be deemed an original, but all of which together shall constitute one and the same instrument.

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unforseen events or circumstances, beyond the reasonable control of parties, prevent fulfilling the contractual obligations, natural disasters, earthquakes, floods, hurricanes, catastrophic events

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No party shall be liable for any failure to perform its obligations under this Agreement in the event that such failure results  flood, earthquake or any Act of God, riot, civil unrest, war or any other cause beyond a party's reasonable control, including electronic or communications failure but excluding failure due to any breach of duty of care or a party's financial condition.

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clarity, flexibility, each copy, the execution process, multiple copies,  considered an original

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Neither party shall assign this Agreement or any rights or obligations herein without the prior written consent of the other party, except in the case of an assignment to a successor in interest as part of a merger or acquisition.

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This Agreement may be novated upon the mutual written consent of all parties hereto, with the understanding that the original party shall be released from all rights and obligations upon the substitution.

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Any dispute, controversy, or claim arising out of or relating to this Agreement, or the breach, termination, or validity thereof, shall be settled by arbitration in accordance with the rules of the Permanent Arbitration Court attached to the Hungarian Chamber of Commerce and Industry (Commercial Arbitration Court Budapest).

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Any disputes arising out of or in connection with this Agreement shall be subject to the exclusive jurisdiction of the courts of Hungary.

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resolving a dispute, governing, court, disputes, adjudicated, legal proceedings, take place,  choice, selection, designate, often used interchangeably

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In case of any discrepancy or inconsistency between the English and Hungarian versions of this Agreement, the Hungarian version shall prevail.

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The present Agreement constitutes the entire agreement between the parties and supersedes all prior negotiations, understandings, and agreements, whether oral or written, relating to the subject matter hereof.

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clarity, flexibility, communication protocols, methods of delivery, addresses, considered effectively delivered

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resolving a dispute, alternative, private, faster, impartial, panel, assumes the role of a decision-maker, binding, confidentiality

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clarity, flexibility, linguistic considerations, controlling or governing, interpretation of the contract, multiple languages, discrepancy, inconsistency, prevail

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conclude prematurely, giving notice, employment contracts, material breach, severe financial difficulties, liquidation, business ceases trading

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change, substitute,  new party, replacement transfering all the rights, delegating all the obligations, remaining or non-transferring party, prior written consent

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Either party may terminate the present Agreement by giving six weeks' written notice to the other party; or giving notice where there is a material breach of the terms hereof; or giving notice where one of the parties ceases to trade or is insolvent.