Acceptance Term and Termination Sample Clauses

Acceptance Term and Termination a. The term of this Agreement is for a ( ) year period commencing on the Effective Date set forth above. Either party can terminate this Agreement for any reason upon thirty (30) days written notice of termination to the other party.
Sample 1
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Acceptance Term and Termination. This Agreement will become effective when accepted by METRO as evidenced by signature of any duly authorized officer of METRO, shall continue for a term of one (1) year hereafter (the "Initial Term") , and shall be automatically renewed thereafter for successive periods of one (1) year (the "Renewal Term") unless terminated as provided herein. METRO and CLIENT shall have the right to terminate this Agreement at the end of the Initial TERM or at the end of any Renewal Term by giving the other at least ninety (90) days prior written notice of such intended termination. Notwithstanding the foregoing, CLIENT shall have the right to terminate this Agreement (a) at any time prior to the end of the Initial Term or any Renewal Term by giving METRO at least five (5) business days prior written notice CLIENT'S intent to terminate and by paying to METRO, for loss of the bargain and not as a penalty, an early termination fee equal to the greater of (i) $5,000 or (ii) 50.0% of the average monthly total commission and interest paid by CLIENT to METRO during the six (6) calendar months (or part thereof if less than six (6) calendar months has elapsed from the effective date of this Agreement to the termination date) immediately preceding the termination date multiplied by the number of calendar months or part thereof remaining from the termination date to the end of the respective TERM hereof or (b) without an early termination fee if CLIENT'S Lowe's Master Standard Buying Agreement in effect as of the effective date of this Agreement as same may be from time to time amended, modified, restated, or substituted for is terminated by Lxxx'x Companies, Inc. provided that METRO has been paid aggregate commissions pursuant to this Agreement of at least $50,000 as of the date of termination of this Agreement and provided that CLIENT gives METRO written notice of such intended termination at least thirty (30 ) days prior to such intended termination date. If CLIENT ceases to offer for sale to METRO any INVOICES for a continuous period of thirty (30) days or more, METRO may deem such action as notice of early termination by CLIENT. Such early termination fee shall be in addition to the NET CASH -------------------------------------------------------------------------------- EMPLOYED and all unpaid fees and expenses due to METRO as of the termination date. Notwithstanding any such termination notice, CLIENT shall have no right to terminate this Agreement until all obligations (dir...
Sample 1
Acceptance Term and Termination 
Sample 1

Related to Acceptance Term and Termination

  • Effective Date Term and Termination A. This Agreement covers individual ANNUITY CONTRACTs issued by the CEDING COMPANY that:

  • Term and Termination In any case, if not sooner terminated, this Agreement shall expire at the close of business on the effective date that the Offering is terminated. This Agreement may be terminated by either party (a) immediately upon notice to the other party in the event that the other party shall have materially failed to comply with any material provision of this Agreement or if any of the representations, warranties, covenants or agreements of such party contained herein shall not have been materially complied with and such failure to comply is not cured within ten (10) days after the date of such occurrence or (b) on 60 days’ written notice. In any event, this Agreement shall be deemed suspended during any period for which the Dealer Manager’s license or registration to act as a broker dealer shall be revoked or suspended by any federal, self-regulatory or state agency. In addition, the Dealer Manager, upon the expiration or termination of this Agreement, shall (a) promptly deposit any and all funds in its possession which were received from investors for the sale of Shares into the appropriate escrow account or, if the Minimum Offering has been reached, into such other account as the Company may designate; and (b) promptly deliver to the Company all records and documents in its possession which relate to the Offering which are not designated as dealer copies. The Dealer Manager, at its sole expense, may make and retain copies of all such records and documents required to be retained by the Dealer Manager pursuant to (i) Federal and state securities laws and the rules and regulations thereunder, (ii) the applicable rules of FINRA and (iii) the NASAA REIT Guidelines, but shall keep all such information confidential; provided, that, nothing contained in this Agreement shall prevent the Dealer Manager from disclosing any such information to any regulatory authority asserting jurisdiction over the Dealer Manager. The Dealer Manager shall use its reasonable best efforts to cooperate with the Company to accomplish any orderly transfer of management of the Offering to a party designated by the Company. Upon expiration or termination of this Agreement, the Company shall pay to the Dealer Manager all earned but unpaid compensation and reimbursement for all incurred, accountable compensation to which the Dealer Manager is or becomes entitled under Section 5 of this Agreement, including but not limited to any Distribution Fees, pursuant to the requirements of that Section 5 at such times as such amounts become payable pursuant to the terms of such Section 5 without acceleration; provided, however, that if the Minimum Offering is not reached prior to such expiration or termination, the Company shall not pay any such compensation and reimbursements to the Dealer Manager.

  • Term and Termination of Agreement 1. This Agreement shall run for a period of one (1) year from the date first written above and will be renewed from year to year thereafter unless terminated by either party as provided hereunder.

  • Term and Termination of the Agreement 15.1. Term and duration of the Agreement The Standard Transmission Agreement shall enter into force on the Start Date of this Standard Transmission Agreement and shall be effective for an undetermined term.

  • Expiration and Termination This Agreement is for one academic year (August 1, 2018 through July 31, 2019) and will automatically renew for the following academic year unless terminated as indicated below by either party.

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