Duration of the Framework Agreement Sample Clauses

Duration of the Framework Agreement. 2.1 This Framework Agreement enters into force on [date]. It has a maximum term of 5 years of which 1.5 years for phase 1 and after a go decision 3.5 years for phase 2. In case of a no go decision after phase 1, the Framework Agreement will end after the first 1.5 years.
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Duration of the Framework Agreement. 2.1 This Framework Agreement enters into force on the date that it is signed by both Parties. It has a term of […] year(s) [, <OPTIONAL> with the option of extension by [period of extension] under the same conditions to be exercised unilaterally by the Contracting Authority]. (Instruction: The total term of the Framework Agreement including any extensions may not exceed four years.) [<OPTIONAL> The Contracting Authority must notify the Contractor in writing no later than … months before the expiry of the initial / then applicable term of the Framework Agreement if it intends to exercise its option to extend the Framework Agreement. If the Contracting Authority does not exercise its option to extend the Framework Agreement, it will end automatically upon expiry of the term referred to in the first sentence of this article / of the term applicable at that time.] [Instruction: include only if the option to extend the Framework Agreement is included.] Termination of this Framework Agreement for whatever reason does not affect rights and obligations resulting from (a) Call-off Contract(s). The terms of this Framework Agreement continue to apply to all Call-off Contracts remaining in force after this Framework Agreement has expired.
Duration of the Framework Agreement. The duration of the framework agreement will be 1 (one) year with the possibility of being renewed after a successful evaluation for each Lot. SELECTION AND AWARD CRITERIA
Duration of the Framework Agreement. The framework agreement will have a duration of 12 months, counting from the date established in the formalization document. The possibility of extension is not admitted. The term (validity period) of the framework agreement defines the term within which the contracts based on it may be awarded.
Duration of the Framework Agreement. The framework agreement begins the first calendar day following the date of the framework agreement conclusion notification and it is concluded for a period of four years. Each party may, however, terminate the agreement at the end of the first, second or third year, provided the other party is notified at least 90 calendar days prior to the end of the first, second or third year of the framework agreement In this case, the party may not claim damages based on this termination. If the contracting authority terminates the framework agreement, it will apply for all participants and, consequently, all participants will be notified by registered mail. The participants may not claim damages based on this termination. Where the framework agreement is terminated in application of a measure taken as of right, termination of the framework agreement is limited solely to the participant against whom the measure as of right is taken. If one of the participants takes the initiative to terminate the framework agreement, he will be barred from participating as from the second, third or fourth year, depending on the case. Once a participant is barred as a participant, he is not taken into consideration any more for procurement arising from the framework agreement. Within three years from the conclusion of this procurement contract and in accordance with Article 42 §1, 2 of the Law of 17 June 2016, the procurement contract can be extended to new services consisting in the repetition of similar services.
Duration of the Framework Agreement. The Consultant shall perform the Services under the Framework Agreement during the period commencing [insert start date] and continuing through [insert completion date] or any other period as may be subsequently agreed by the parties in writing.
Duration of the Framework Agreement. The public contract starts upon award notification and expires after a maximum of 48 months. This pool will normally be constituted for a fixed period until the end of the project (end of 2025). Each party may, however, terminate the agreement at the end of the first, second or third year, provided the other party is notified at least 90 calendar days prior to the end of the first, second or third year of the framework agreement In this case, the party may not claim damages based on this termination. If the contracting authority terminates the framework agreement, it will apply for all participants and, consequently, all participants will be notified by registered mail. Participants may not claim damages based on this termination. Where the framework agreement is terminated in application of a measure taken as of right or when the participant is in one of the situations mentioned in Article 62 of the Royal Decree of 14 January 2013, termination of the framework agreement is limited solely to the participant against whom the measure as of right is taken. If one of the participants takes the initiative to terminate the framework agreement, he will be barred from participating as from the second, third or fourth year, depending on the case. Once a participant is barred as a participant, he is not taken into consideration any more for procurement arising from the framework agreement.
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Duration of the Framework Agreement. Except as the Bank may otherwise agree, this Framework Agreement shall come into force as provided in Clause 15 and shall continue in effect for a term of [working_period] [working_period_type] (the “Term of Engagement”), subject to earlier termination.
Duration of the Framework Agreement. The framework agreement begins the first calendar day following the date of the framework agreement conclusion notification and it is concluded for a period of four years. Each party may, however, terminate the agreement at the end of the first, second or third year, provided the other party is/parties are notified at least 90 calendar days prior to the end of the first, second or third year of the framework agreement In this case, the party/parties may not claim damages based on this termination. If the contracting authority terminates the framework agreement, it will apply for all participants and, consequently, all participants will be notified by registered mail. The only exception applies for the framework agreement being terminated with a participant in application of a measure as of right. In such a case, the termination of the framework agreement may be limited to a single participant whom the measure as of right is taken against. If one of the participants takes the initiative to terminate the framework agreement, he will be barred from participating as from the second, third or fourth year, depending on the case. Once a participant is barred as a participant, he is not taken into consideration any more for public contracts based on the framework agreement.
Duration of the Framework Agreement. This Framework Agreement comes into force on the day it is signed by both Parties and takes effect on day of its publication in the Register of Contracts. This Framework Agreement is concluded for a definite period of time, namely for period of 11 years from taking effect of the Framework Agreement. This Framework Agreement shall terminate with the lapse of the period of time stated in the Paragraph 2 of this Article; by written agreement of the Parties; by written notice of termination by either Party according to Paragraph 7 of this Article; by withdrawal from this Framework Agreement in the cases given in this Framework Agreement or in the event of a substantial breach by either Party. The Parties agree that they consider the following cases in particular to constitute a substantial breach hereof: a failure to meet Technical specification of Chips pursuant to Article II Paragraph 1 to 3; breach Seller’s obligation under Article II Paragraph 4 to 7 hereof; case that Implementation and successful completion of tests/verification shall not be completed within the period 14 days after term pursuant to Article II Paragraph 9 hereof; case that Sample SET 3 shall not be delivered and/or approved within the period 14 days after term pursuant to Article II Paragraph 11 hereof; case that Productive approval test cards shall not be delivered and/or approved within the period 14 days after term pursuant to Article II Paragraph 12 hereof; repeated, at minimum the second, delay of the Seller in the delivery of Chips within the term stated in Article IV Paragraph 2 hereof for a period exceeding 4 weeks; the Seller's statements referred to in the Article VI Paragraph 10 hereof prove to be false or the Seller violates the obligation to notify the Buyer of the fact stated in the last sentence of the Article VI Paragraph 10 hereof; breach of Article VIII hereof which has not been remedied following a previous notice for correction, breach of obligation under Article IX Paragraph 1 hereof; breach of obligation under Article IX Paragraph 2 point c) hereof; breach of obligation under Article IX Paragraph 2 point d) hereof or under Article XIV Paragraph 7 hereof, which has not been remedied despite prior written Seller’s notice; breach of obligation under Article IX Paragraph 3, 5, 6, 7, 8, 9, or 10 hereof; breach of obligation under Article IX Paragraph 12; breach of the Seller's obligations in Article IX Paragraph 13 or 14 or 15 of this Framework Agreement; breach of obliga...
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