Active Period Sample Clauses

The Active Period clause defines the specific timeframe during which the terms and obligations of an agreement are in effect. Typically, this clause will state the start and end dates of the contract, or describe the conditions that trigger the beginning and conclusion of the agreement’s enforceability. For example, it may specify that the contract is valid for one year from the date of signing or until a particular project milestone is reached. The core function of this clause is to provide clarity on when the parties are bound by the contract, thereby preventing disputes over the duration of their responsibilities and rights.
Active Period. During the Active Period, Executive shall faithfully, to the best of his ability, perform all duties incident to his position as Chief Financial Officer of the Company, or any other position obtained by change of office, and all other duties incident to his employment as may be required of, or assigned, to him by the Board of Directors of the Company, and shall devote his full time, energy, skill and attention to the affairs of the Company; and
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Active Period. All corrective action notices shall be maintained in the employee's file and shall not be removed, unless agreed to in writing by the Employer and the Union. All corrective action, except as noted below, may be used by the Employer to demonstrate prior notice to employee of expectations and/or the existence of prior corrective action. First and Second Written Warning Corrective Action Notices will not be used to substantiate any further corrective action or be presented by the Employer in any of the steps of the Grievance Procedure for purposes of progressive corrective action one (1) year following the date of the Corrective Action Notice, provided there is no further similar corrective action taken during this period and the employee does not demonstrate a pattern of similar behavior. For purposes of calculating the one (1) year period, leaves of absences are not included. However, disciplines in the following general areas are an exception to the above: i. Bona fide harassment, discrimination, and/or retaliation ii. Patient abuse iii. Falsification of records iv. Theft
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Active Period. When an employee is placed on an approved leave of absence or is on a workers compensation leave or placed on light duty, the active period of the formal discipline will be suspended until the employee returns to duty. Vacation leave will not suspend the active life of formal discipline. Should an employee transfer to another department, formal discipline will remain active and in effect and the current supervisor of the employee shall be responsible for making the new supervisor aware of the active discipline.
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Active Period. Until 60 days from the Effective Date (the "Active Period"), the Executive shall serve the Company in an executive capacity and, if so requested by the Company's chief executive officer, shall devote substantially his full time during normal business hours to insuring an orderly management transition at the Company and shall undertake such additional executive duties during the Active Period (of a stature and dignity appropriate to a former chief executive officer of the Company) as shall be assigned to Executive by the chief executive officer of the Company.
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Related to Active Period

  • Effective Period This Agreement shall become effective as of the date first written above and will continue in effect for a period of three (3) years.

  • Effective Period Termination This Agreement shall become effective as of the date of its execution and shall continue in full force and effect until terminated as hereinafter provided. This Agreement may be terminated by each Investment Company, on behalf of a Fund, or by the Custodian by 90 days notice in Writing to the other provided that any termination by an Investment Company shall be authorized by a resolution of the Board, a certified copy of which shall accompany such notice of termination, and provided further, that such resolution shall specify the names of the persons to whom the Custodian shall deliver the assets of the affected Funds held by the Custodian. If notice of termination is given by the Custodian, the affected Investment Companies shall, within 90 days following the giving of such notice, deliver to the Custodian a certified copy of a resolution of the Boards specifying the names of the persons to whom the Custodian shall deliver assets of the affected Funds held by the Custodian. In either case the Custodian will deliver such assets to the persons so specified, after deducting therefrom any amounts which the Custodian determines to be owed to it hereunder (including all costs and expenses of delivery or transfer of Fund assets to the persons so specified). If within 90 days following the giving of a notice of termination by the Custodian, the Custodian does not receive from the affected Investment Companies certified copies of resolutions of the Boards specifying the names of the persons to whom the Custodian shall deliver the assets of the Funds held by the Custodian, the Custodian, at its election, may deliver such assets to a bank or trust company doing business in the State of California to be held and disposed of pursuant to the provisions of this Agreement or may continue to hold such assets until a certified copy of one or more resolutions as aforesaid is delivered to the Custodian. The obligations of the parties hereto regarding the use of reasonable care, indemnities and payment of fees and expenses shall survive the termination of this Agreement.

  • Hire Period 5.1 Where hire of the Hire Goods is to a Customer who is an individual (whether a consumer or otherwise) or relevant recipient of credit as defined under Article 60L of the Financial Services and Markets Act 2000 (Regulated Activities) Order 2001 e.g. (a). a partnership consisting of two or three persons not all of whom are bodies corporate, or (b) an unincorporated body of persons which does not consist entirely of bodies corporate and is not a partnership(‘Relevant Individual’), the Hire Period shall commence on the date [specified out in writing by the Supplier] (‘Hire Start Date’) and shall end on the earlier of (i) [the date specified in the Commercial Terms Schedule]; or (ii) the last day of the 3 month period commencing on the Hire Start Date (‘Option 1 Hire End Date’). For the avoidance of doubt, as the Hire Period to Relevant Individuals is no longer than 3 months, the hire of any Hire Goods is not covered by the Consumer Credit Act 1974. 5.2 Where the Customer is not a Relevant Individual, the Hire Period shall commence on the Hire Start Date and shall end on the date specified in the Commercial Terms Schedule (‘Option 2 Hire End Date’). 5.3 On the Option 1 Hire End Date or the Option 2 Hire End Date (as applicable), the Customer shall: (i) physically return the Hire Goods into the Supplier’s possession; or (ii) make the Hire Goods available for physical repossession or collection by the Supplier [in a location specified by the Supplier], as applicable. 5.4 For the avoidance of doubt, the Hire Period shall automatically end on the Option 1 Hire End Date or the Option 2 Hire End Date, as applicable and the Customer shall not be required to pay the Rental in respect of any period in which the Hire Goods are in the Customer’s possession or control outside the Hire Period. 5.5 Notwithstanding clause 5.4, If the Customer fails to comply with its obligations in this clause 5, then it shall be liable for any financial loss which this causes the Supplier [and shall indemnify the Supplier in full and on demand in respect of any costs, liabilities, losses and expenses (including legal fees) incurred as a result].

  • ▇▇▇▇▇ Period After payment of the first Dues, the Subscriber is entitled to a grace period of 30 days for the payment of any Dues due. During this grace period, the Agreement will remain in force. However, the Subscriber will be liable for payment of Dues accruing during the period the Agreement continues in force.

  • Restrictive Period The term “Restrictive Period” shall mean the period beginning on the Effective Date and ending two (2) years after the termination of the Executive’s employment hereunder.