Common use of Base Term Clause in Contracts

Base Term. The Contract(s) shall commence after all necessary approvals by both parties, and shall become effective upon mailing of the final Contract Award Notice by OGS (see Appendix B §23 Contract Creation/Execution). All School Bus Contracts awarded under IFB 23000, or any supplemental Contracts awarded under Award 23000, shall terminate simultaneously three (3) years from the date of OGS approval of the first contract awarded.

Appears in 10 contracts

Samples: Agreement, Agreement, Agreement

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.