0 Term Sample Clauses

0 Term. This Agreement shall take effect upon the date set forth above and, unless earlier terminated pursuant to Section 7.1 below, shall remain in effect for an initial period of ten (10) years; this Agreement shall automatically extend for successive two-year periods unless either party shall have provided written notice of its intention to terminate at least six (6) months prior to the end of the initial period or any renewal period.

0 Term. The Parties agree that Subsection 4.1 of the Agreement is deleted in its entirety and replaced with the following: 4.1. The initial term of this Agreement will be for a period commencing on the ISP Effective Date for the Paint ISP and unless otherwise extended or terminated earlier in accordance with the provisions of this Agreement shall end on December 31, 2016.

0 Term. The term of this Master Agreement commences upon the Effective Date and shall be for three (3) years, unless otherwise terminated or extended, in whole or in part, as provided in this Master Agreement.

0 Term. 3.1 Notwithstanding the Agreement Date and subject to Clause 3.2 below, this Agreement shall commence from the date as stipulated in Section 4 of the Second Schedule (“Effective Date”) and remain in force for a period as stated in Section 5 of the Second Schedule (“Term”) unless otherwise frustrated, rescinded and/or terminated in accordance with Clause 18 herein provided that the Parties shall be opened to commercial negotiations from time to time pertaining to the contents of this Agreement whereby should any such negotiations materialize, the Parties shall record such mutually agreed negotiations into written instrument which shall be supplemental to this Agreement. 3.2 Unless the Agreement is otherwise frustrated, rescinded and/or terminated in accordance to Clause 18, it is hereby agreed whereupon the expiration of the Term, the Licensee shall have the discretion to renew the Term for a subsequent fixed period stipulated in Section 6 of the Second Schedule (“Renewed Term”) provided that any such renewal under this provision (if any) shall only be effective upon the Parties agreed in writing in which all the terms and conditions of this Agreement shall, unless otherwise agreed by the Parties in writing, subsist and applicable mutatis mutandis to the whole Renewed Term. 3.3 During the whole Term and/or Renewed Term (whichever applicable), the Parties shall undertake and perform their respective obligations as set forth in this Agreement and shall do such acts necessary to ensure the successful performance of this Agreement.

0 Term. 2.1 The Term of this Licence granted shall commence on the first (1 ) day of July, 2018 and shall terminate on the thirtieth (30th) day of June, 2020 (hereinafter referred to as the "Term"). Provided, however, the parties hereto may agree to renew the original term of this Licence if at any time during the term they so agree to do so in writing. If the parties agree to such an extension or renewal the rate shall be negotiated in accordance with the prevailing fair market value rate applicable at the time of extension or renewal. 2.2 The Licensee shall use the Licensed Lands solely for the operation, inspection, maintenance, repair, and removal of the Equipment. Any modification, improvement, upgrade or other change to the Equipment's size, use or location shall require the prior written consent of Her Majesty and will require an amendment to this agreement.

0 Term