Duration of validity and termination Sample Clauses

Duration of validity and termination. This company contract enters into force as per 1 January 2021 and replaces the existing CA that has been valid since 1 January 2013. It is concluded for three years and can be terminated in writing by either party, giving a period of notice of 6 months to the end of the calendar year following the termina- tion, and for the first time as per 31 December 2023. Otherwise, this CA is automatically extended by a year in each case. The parties declare that they are willing to commence discussions regarding the extension or renewal of the company contract following a termination. Supplements to the company contract and amend- ments to individual provisions can also be agreed in writing by the contractual parties during the term of validity of the company contract and without its termination.
Sample 1
AutoNDA by SimpleDocs
Duration of validity and termination of the Agreement 1. The Agreement comes into effect at the time it is signed and terminates on completion of the Investigator services as described in the Protocol and this Agreement. The Sponsor has the right to terminate the Agreement prematurely or to require an extension. 2. If the Study is terminated by the Sponsor during the period of validity of the Agreement, responsibility will still be accepted for obligations already entered into by the Investigator. The Sponsor shall pay all costs incurred and due for payment up to the date of termination, and also all expenditure due for payment after the date of termination which arise from commitments reasonably and necessarily incurred by the Investigator for the performance of the Study prior to the date of termination, and agreed with the Sponsor. 3. In case of termination the Sponsor shall notify the Investigator immediately. § 2 Doba platnosti a ukončení Smlouvy 1. Smlouva je platná xx xxxx podpisu a ukončená při dokončení služeb ze strany Zkoušejícího, jak je popsáno v Protokolu a v této Smlouvě. Zadavatel má právo ukončit Smlouvu předčasně nebo si vyžádat prodloužení. 2. Pokud xx Xxxxxx ukončena Zadavatelem v průběhu platnosti Smlouvy, bude zodpovědnost stále platná pro závazky, které již byly přijaty ze strany Zkoušejícího. Zadavatel uhradí veškeré náklady, které vznikly a jsou splatné do data ukončení, a také všechny výdaje, které jsou splatné po datu ukončení, které jsou důsledkem závazků, které odůvodněně a nezbytně vznikly Zkoušejícímu při provádění Studie před datem ukončení, a které byly odsouhlaseny Zadavatelem. 3. V případě ukončení to Zadavatel ihned xxxxxx Xxxxxxxxxxxx.
Sample 1

Related to Duration of validity and termination

  • Validity and Termination 1. This Agreement is concluded for an unlimited period.

  • Severability and Termination 1. In the event any provision of this Agreement is deemed by a Federal court to be contrary to, or in violation of, any applicable existing law or regulation of the United States of America, only the conflicting provision(s) shall be deemed null and void, and the remaining provisions of the Agreement shall remain in effect.

  • Irrevocability and Termination Subject to the right of the parties to amend this Agreement as provided in Section 16, this Trust shall be irrevocable and shall continue until terminated at the written agreement of the Grantor, the Trustee, and the FDEP Secretary, or by the Trustee and the FDEP Secretary, if the Grantor ceases to exist. Upon termination of the Trust, all remaining trust property, less final trust administration expenses, shall be delivered to the Grantor.

  • Term of validity 8.1. This Agreement comes into effect after it is accepted by an Introducing Broker on the Company’s website.

  • DURATION AND TERMINATION OF AGREEMENT This Agreement shall become effective with respect to each Portfolio on the later of (i) its execution and (ii) the date of the meeting of the Board of Trustees of the Trust, at which meeting this Agreement is approved as described below. The Agreement will continue in effect for a period more than two years from the date of its execution only so long as such continuance is specifically approved at least annually either by the Trustees of the Trust or by a majority of the outstanding voting securities of each of the Portfolios, provided that in either event such continuance shall also be approved by the vote of a majority of the Trustees of the Trust who are not interested persons (as defined in the Investment Company Act) of any party to this Agreement cast in person at a meeting called for the purpose of voting on such approval. Any required shareholder approval of the Agreement or of any continuance of the Agreement shall be effective with respect to any Portfolio if a majority of the outstanding voting securities of the series (as defined in Rule 18f-2(h) under the Investment Company Act) of shares of that Portfolio votes to approve the Agreement or its continuance, notwithstanding that the Agreement or its continuance may not have been approved by a majority of the outstanding voting securities of (a) any other Portfolio affected by the Agreement or (b) all the portfolios of the Trust. If any required shareholder approval of this Agreement or any continuance of the Agreement is not obtained, the Subadviser will continue to act as investment subadviser with respect to such Portfolio pending the required approval of the Agreement or its continuance or of a new contract with the Subadviser or a different adviser or subadviser or other definitive action; provided, that the compensation received by the Subadviser in respect of such Portfolio during such period is in compliance with Rule 15a-4 under the Investment Company Act. This Agreement may be terminated at any time, without the payment of any penalty, by the Trustees of the Trust, by the vote of a majority of the outstanding voting securities of the Trust, or with respect to any Portfolio by the vote of a majority of the outstanding voting securities of such Portfolio, on sixty days' written notice to the Adviser and the Subadviser, or by the Adviser or Subadviser on sixty days' written notice to the Trust and the other party. This Agreement will automatically terminate, without the payment of any penalty, in the event of its assignment (as defined in the Investment Company Act) or in the event the Advisory Agreement between the Adviser and the Trust terminates for any reason.

  • Duration and Termination This Agreement shall become effective on July 21, 2015 and shall continue in effect until February 28, 2017, and thereafter, only if such continuance is approved at least annually by a vote of the Board, including the vote of a majority of the directors who are not parties to this Agreement or interested persons of any such party, cast in person, at a meeting called for the purpose of voting such approval. In addition, the question of continuance of this Agreement may be presented to the shareholders of the Portfolio; in such event, such continuance shall be effected only if approved by the affirmative vote of the holders of a majority of the outstanding voting securities of the Portfolio. This Agreement may at any time be terminated without payment of any penalty either by vote of the Board or by vote of the holders of a majority of the outstanding voting securities of the Portfolio, on not more than (60) sixty days’ written notice to the Manager. This Agreement shall automatically terminate in the event of its assignment. This Agreement may be terminated by the Manager after ninety (90) days’ written notice to the Fund. Any notice under this Agreement shall be given in writing, addressed and delivered, or mailed post-paid, to the other party at any office of such party. As used in this Section, the terms “assignment,” “interested persons,” “voting securities,” and a “majority of the outstanding voting securities” shall have the respective meanings set forth in Section 2(a)(4), Section 2(a)(19), Section 2(a)(42) of the 1940 Act and Rule 18f-2 thereunder.

  • VARIATION AND TERMINATION 24.1 All and any of the provisions of this agreement may be deleted, varied, supplemented, restated or otherwise changed in any way at any time with the prior written consent of the Company, the Investor and by the Shareholders holding at least [90] per cent of the Shares (excluding Treasury Shares) held by the Shareholders, in which event such change shall be binding against all of the parties hereto provided that if such change would impose any new obligations on a party, or increase any existing obligation, the consent of the affected party to such change shall be specifically required.

  • Duration and Termination of the Agreement This Agreement shall become effective upon its execution; provided, however, that this Agreement shall not become effective unless it has first been approved (a) by a vote of the Independent Trustees, cast in person at a meeting called for the purpose of voting on such approval, and (b) by an affirmative vote of a majority of the outstanding voting shares of the Fund. This Agreement shall remain in full force and effect continuously thereafter, except as follows:

  • DETERMINATION OF BREACH AND TERMINATION OF AGREEMENT A. Prior to making a determination that the Applicant has failed to comply in any material respect with the terms of this Agreement or to meet any material obligation under this Agreement, the District shall provide the Applicant with a written notice of the facts which it believes have caused the breach of this Agreement, and if cure is possible, the cure proposed by the District. After receipt of the notice, the Applicant shall be given ninety (90) days to present any facts or arguments to the Board of Trustees showing that it is not in breach of its obligations under this Agreement, or that it has cured or undertaken to cure any such breach.

  • 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.

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