4Duration Sample Clauses
The Duration clause defines the length of time that the agreement or contract remains in effect. Typically, it specifies the start and end dates of the contractual relationship, or outlines conditions under which the agreement will automatically renew or terminate. For example, it may state that the contract is valid for one year from the effective date, with options for renewal upon mutual agreement. This clause ensures both parties are clear on how long their obligations last, preventing misunderstandings about when the contract begins and ends.
4Duration. The Company shall continue in existence for a perpetual term, or until the Company shall be sooner dissolved and its affairs wound up in accordance with the Act or this Agreement.
4Duration. The work shall commence and be finalised in accordance with the progress plan in Appendix 2.
1. 5The representatives of the parties Upon the conclusion of the Agreement, each of the parties shall appoint a representative who is authorised to act on behalf of such party in matters relating to the Agreement. The authorised representatives of the parties are specified in Appendix 3.
1. 6Key personnel The key personnel of the Consultant in connection with the rendering of the Assistance shall be specified in Appendix 3. Replacement of key personnel on the part of the Consultant requires the approval of the Customer. Approval shall not be unreasonably withheld. In the case of the replacement of personnel due to circumstances relating to the Consultant, the costs associated with transferring expertise to the new personnel shall be for the account of the Consultant.
4Duration. The Company shall continue in existence in perpetuity after the effective date of the Certificate, unless dissolved sooner by the Members or by operation of law and its affairs are wound up in accordance with the Act or this Agreement.