Common use of EFFECTIVE DATE, DURATION, TERMINATION OF THE AGREEMENT Clause in Contracts

EFFECTIVE DATE, DURATION, TERMINATION OF THE AGREEMENT. This Agreement shall be valid w.e.f. , 2017 or the date of signing of the Agreement as the case may be & shall remain in force for a period of 5 (five) years with provision to extend another 05 (five) years by mutual consent. During the tenure of the Agreement parties hereto can terminate the Agreement either for breach of any of the terms and conditions of this Agreement or otherwise by giving a two months’ notice in writing to the other party. Failure of either of the parties to terminate the Agreement on account of breach or default by the other shall not constitute a waiver of that party's right to terminate. CONFIDENTIALITY During the tenure of Agreement and thereafter, all parties undertake on their behalf and on behalf of their subcontractors/ employees/ representatives/ associates to maintain strict confidentiality and prevent disclosure of any/ all information & data exchanged I generated pertaining to work under this Agreement for any purposes other than in accordance with this Agreement. Coal companies and Third Party duly undertake to sign Pre-Contract Integrity Pact as per proforma provided by the First Party.

Appears in 2 contracts

Samples: Tripartite Agreement, Tripartite Agreement

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EFFECTIVE DATE, DURATION, TERMINATION OF THE AGREEMENT. This Agreement shall be valid w.e.f. , 2017 ,2020 or the date of signing of the Agreement as the case may be & shall remain in force for a period of 5 (five) years with provision to extend another 05 (five) years by mutual consent, subject to the provisions contained under the heading “ Schedule Period “ herein above. During the tenure of the Agreement parties hereto can terminate the Agreement either for breach of any of the terms and conditions of this Agreement or otherwise by giving a two months’ notice in writing to the other party. Failure of either of the parties to terminate the Agreement on account of breach or default by the other shall not constitute a waiver of that party's right to terminate. CONFIDENTIALITY During the tenure of Agreement and thereafter, all parties undertake on their behalf and on behalf of their subcontractors/ employees/ representatives/ associates to maintain strict confidentiality and prevent disclosure of any/ all information & data exchanged I generated pertaining to work under this Agreement for any purposes other than in accordance with this Agreement. Coal companies and Third Party duly undertake to sign Pre-Contract Integrity Pact as per proforma provided by the First Party.

Appears in 1 contract

Samples: Draft Tripartite Agreement

EFFECTIVE DATE, DURATION, TERMINATION OF THE AGREEMENT. This Agreement shall be valid w.e.f. , 2017 ,2018 or the date of signing of the Agreement as the case may be & shall remain in force for a period of 5 (five) years with provision to extend another 05 (five) years by mutual consent, subject to the provisions contained under the heading “ Schedule Period “ herein above. During the tenure of the Agreement parties hereto can terminate the Agreement either for breach of any of the terms and conditions of this Agreement or otherwise by giving a two months’ notice in writing to the other party. Failure of either of the parties to terminate the Agreement on account of breach or default by the other shall not constitute a waiver of that party's right to terminate. CONFIDENTIALITY During the tenure of Agreement and thereafter, all parties undertake on their behalf and on behalf of their subcontractors/ employees/ representatives/ associates to maintain strict confidentiality and prevent disclosure of any/ all information & data exchanged I generated pertaining to work under this Agreement for any purposes other than in accordance with this Agreement. Coal companies and Third Party duly undertake to sign Pre-Pre- Contract Integrity Pact as per proforma provided by the First Party.

Appears in 1 contract

Samples: Draft Tripartite Agreement

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EFFECTIVE DATE, DURATION, TERMINATION OF THE AGREEMENT. This Agreement shall be valid w.e.f. , 2017 or the date of signing of the Agreement as the case may be & shall remain in force for a period of 5 (five) years with provision to extend another 05 (five) years by mutual consent. During the tenure of the Agreement parties hereto can terminate the Agreement either for breach of any of the terms and conditions of this Agreement or otherwise by giving a two months’ notice in writing to the other party. Failure of either of the parties to terminate the Agreement on account of breach or default by the other shall not constitute a waiver of that party's right to terminate. CONFIDENTIALITY During the tenure of Agreement and thereafter, all parties undertake on their behalf and on behalf of their subcontractors/ employees/ representatives/ associates to maintain strict confidentiality and prevent disclosure of any/ all information & data exchanged I generated pertaining to work under this Agreement for any purposes other than in accordance with this Agreement. Coal companies and Third Party duly undertake to sign Pre-Pre- Contract Integrity Pact as per proforma provided by the First Party.

Appears in 1 contract

Samples: Tripartite Agreement

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