✨ Transaction Agreement Clauses




22 DECEMBER 2010 NEW ZEALAND GAZETTE, No. 177 4351

  1. NOTICES

13.1 Notices: Each notice or other communication to be given or made by a Party under this agreement shall:

(a) Writing: be given or made in writing by letter or fax;

(b) Authorised officer: be signed by an authorised officer of the sender;

(c) Address: be given or made to the Party to be notified at the address or fax number, and marked for the attention of the person (if any), from time to time specified by that Party for the purposes of this agreement;

(d) Effective: not to be effective until received by the Party to be notified; and

(e) Deemed delivery: be deemed to be received by the Party to be notified:

(i) (if given or made by letter) when left at the address of that Party or five Business Days after being put in the post (by airmail if to another country), postage prepaid, and addressed to that Party at that address; or

(ii)    (if given or made by facsimile) upon production of a transmission report by the machine from which the facsimile was sent which indicates that the facsimile was sent in its entirety to the facsimile number of the recipient,

provided that any notice or communication received or deemed received after 5pm on a working day in the place to which it is sent, or on a day which is not a working day in that place, will be deemed not to have been received until 9am on the next working day in that place.

13.2 Initial address and numbers: The initial address, facsimile number and person (if any) so designated by each Party, are set out under the name of that Party at the end of this agreement.

  1. ASSIGNMENT

14.1 Neither Party may assign any of its right, title or interest in, to or under the Transaction Documents without the prior written consent of the other Party, which may be withheld in the discretion of the other Party.

  1. GENERAL

15.1 Amendment: Any provision of this agreement may be amended only if the Parties so agree in writing.

15.2 Partial invalidity: If at any time any provision of this agreement is or becomes illegal, invalid or unenforceable in any respect under the law of any relevant jurisdiction, that illegality, invalidity or unenforceability shall not affect the enforceability of the provisions, or (as the case may be) remaining provisions, of this agreement, nor shall the legality, validity or enforceability of any of those provisions under the law of any other jurisdiction be in any way affected or impaired thereby.



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Online Sources for this page:

Gazette.govt.nz PDF NZ Gazette 2010, No 177





✨ LLM interpretation of page content

🏭 Notices and Communication Requirements (continued from previous page)

🏭 Trade, Customs & Industry
Notices, Communication, Writing, Authorised Officer, Address, Effective Delivery, Deemed Delivery

🏭 Assignment Restrictions

🏭 Trade, Customs & Industry
Assignment, Right, Title, Interest, Prior Written Consent

🏭 General Provisions

🏭 Trade, Customs & Industry
Amendment, Partial Invalidity, Legality, Validity, Enforceability