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NDA 2---effective–irrespective

2010-04-06View Original

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It is further stipulated that: WHEREAS, AAA is prepared to make such Information available to the Recipient, and the Recipient is prepared to keep such Information confidential, in accordance with and subject to the terms and conditions set out in this Agreement; the Agreement shall come into effect on 29.03.2010 (hereinafter referred to as the “Effective Date”), regardless of the date of its execution. AAA is willing to provide these materials to the recipient, who must maintain confidentiality regarding them and comply with the terms and conditions specified in this Agreement.
Reply #22010-04-06
Effective – regardless of the date of its execution – as of 29.03.2010..... This agreement shall come into effect on March 29, 2010 (regardless of when it is signed). ------------------------FYI
Reply #32010-04-06
Try again: WHEREAS, AAA is prepared to make available to the Recipient such Information, and the Recipient is prepared to keep such Information confidential, in accordance with and subject to the terms and conditions set out in this Agreement, which shall come into effect – regardless of the date of its execution – on 29.03.2010 (such date hereinafter referred to as the “Effective Date”). AAA is ready to provide these materials to the licensee, who in turn must keep them confidential and comply with the terms and conditions specified in this Agreement; the Agreement shall take effect as of March 29, 2010 (the date referred to below as the “Effective Date”), regardless of when the Agreement is signed.
Reply #42010-04-06
This post was last edited by niuky on 2010-4-6 21:37. Yinni put the words \"effective – irrespective\" together, which is misleading; in fact, the content between the separators is an interjection. But it seems that “irrespective” is generally used with “of”, right?
Reply #52010-04-06
WHEREAS, AAA is prepared to make available to the Recipient certain Information, and the Recipient is prepared to keep such Information confidential, in accordance with and subject to the terms and conditions set out in this Agreement; such terms shall come into effect – regardless of the date of execution of this Agreement – on 29.03.2010 (hereinafter referred to as the “Effective Date”). Generally, the date of signing a contract is also the date it comes into effect, but there is a slight exception in this case. It’s possible that the two parties have already signed an agreement, with the effective date falling after day N. Upon and subject to… This phrase refers to the two parties to the agreement, and should be placed at the beginning of the sentence ; WHEREAS is generally translated as “In view of” at the beginning of a contract; this section provides an explanation of the background, objectives, intentions, etc., behind the contract. Slightly revised for reference: In view of the fact that, in accordance with the terms stipulated in this agreement, AAA is prepared to provide information to the recipient, who in turn is prepared to keep such information confidential, and that this agreement shall take effect as of March 29, 2010, regardless of the date on which it is signed (the foregoing date being hereinafter referred to as the “Effective Date”). :handshake :handshake
Reply #62010-04-07
I raised my hand to ask: Is the \"date of execution\" here understood as the date the agreement is signed? I originally thought it should be the “start date of execution,” but since it has already been executed, how could it not take effect? It’s really confusing.
Reply #72010-04-07
Law of execution: the act of signing, sealing, and delivering a contract or agreement, thereby rendering it valid. http://www.allbusiness.com/glossaries/execution/4960204-1.html. It can also be referred to as follows: “Execution” of documents refers to the act of signing them (and, in some cases, affixing the company’s seal as well). http://forum.wordreference.com/showthread.php?t=913481 ---------------------FYR----Approach this topic with a critical eye. :funk:
Reply #82010-04-07
WHEREAS, AAA is prepared to make available to the Recipient certain Information, and the Recipient is prepared to keep such Information confidential, in accordance with and subject to the terms and conditions set out in this Agreement; such terms shall come into effect – regardless of the date of execution of this Agreement – on 29.03.2010 (hereinafter referred to as the “Effective Date”). Generally, the date of signing a contract is also the date it comes into effect, but there is a slight exception in this case. It’s possible that the two parties have already signed an agreement, with the effective date falling after day N. ---That’s not the case; it is this large company that is asking us to sign this Confidentiality Agreement before submitting a quote. Regardless of the date on which this Confidentiality Agreement is signed, it will come into effect as of 29.03.2010. \"Upon and subject to…\" specifies the parties to the agreement, and it is appropriate to place this phrase at the beginning of the sentence. Echomm’s translation differs somewhat from mine; I wonder which version people prefer? I’m confused again: curse:
Reply #92010-04-07
I understand why Niuky said I misled people, because I was really confused when I posted that. :'(

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