英语翻译
7.2.8 The merger,amalgamation or consolidation by the other party with or into another company or corporation where the other party is not the surviving or the resulting organization without the prior written approval of Licensor or Licensee as the case may be
7.2.9 the performance of this Agreement becoming in any material respect impossible or impracticable by virtue of any order,action,regulation,interference or intervention of any government or agency thereof; or
7.2.10 Any authorization,permission or licence necessary for the other party to perform any provision hereof being withdrawn or suspended for any reason whatsoever
7.3 Disposition of Licensee’s Inventory
It is agreed by the party hereto that notwithstanding the relationship between Licensor and Licensee as independent contractor as agreed in Clause 11.1 upon the expiration or termination of this Agreement for any cause whatsoever,the following shall govern the disposition of all the Products and the Parts with Licensee may have in it’s possession or under it’s control ;-
7.3.1 Upon expiration or termination of this Agreement,Licensor shall have the option (but shall not be obliged) to purchase any or all the Products and the Parts which are possessed by Licensee in its inventory at the time of such expiration or termination,free from any lien,encumbrance,security,pledge or hypothecation of any kind
7.3.2 Licensor shall exercise such option within thirty (30) days after the effective date of the expiration or termination of this Agreement failing which Licensee may disposed of all such Products and the Parts as it thinks fit and retain the proceeds thereof for its own use and benefit absolutely
7.4 Survival of Obligations
The expiration or termination of this Agreement for any reason shall neither release either party from any liability,obligation or agreement which pursuant to any provisions of this Agreement is to survive or be performed after such expiration or termination nor shall it release either party from its liability to pay any sums of money accrued,due and payable to the other or to discharge its then accrued and unfulfilled obligations.The expiration or termination of this Agreement for any reason shall not be or be deemed a waiver or release of any right,remedies or claims whether for damages or otherwise which any party may then possess under this Agreement or which arise as a result of such expiration or termination,all of which rights,remedies and claims shall survive such expiration or termination
8.CONFIDENTIALITY OF INFORMATION