Contact or Opportunity required at activity level

Hi All,
I have a following requirement that, when an activity is created, either a Contact or Opportunity is required, i.e. both of them should not be null.
I wrote the following field validation at contact Id at Activity entity. But the validation works for certain cases only.
[<PrimaryContactId>] <> "No Match Row Id" OR ([<PrimaryContactId>] = "No Match Row Id" AND [<OpportunityName>] IS NOT NULL) OR ([<PrimaryContactId>] IS NULL AND [<OpportunityName>] IS NOT NULL)
The validation works when PrimaryContactId = "No Match Row Id" but when it is null, the script is not getting trigerred.
Am i missing something. Can somebody please help me in this.
Thanks in Advance,
Ashwini

Try the following field validation on Subject field.
[<OpportunityId>] IS NOT NULL OR [<PrimaryContactId>] IS NOT NULL
You can also add the same field validation on Opportunity Id and Primary Contact Id fields. (This is to enforce the rule for existing records)
Subject field validation works for new records.

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