Effective Date of Renewal Sample Clauses

Effective Date of Renewal. The renewal shall be effective on December 1, 2003 (the “Effective Date”), contingent upon prior City Council approval and the filing by Grantee with the City Clerk, of the executed Franchise Agreement and the required security fund and insurance certificates by not later than sixty (60) days after the Effective Date. If the filing of the executed Franchise Agreement, security fund or any such insurance certificates does not occur within sixty (60) days of the Effective Date of this Agreement, the Grantor may declare this Agreement null and void.
Sample 1
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Effective Date of Renewal. The renewal shall be effective on October 1, 2004 (the “Effective Date”), contingent upon prior City Council approval and the filing by Grantee with the City Clerk, of the executed Franchise Agreement and the required security fund, insurance certificates and EG Access capital grant by not later than thirty (30) days after the Effective Date. If the filing of the executed Franchise Agreement, security fund, any such insurance certificates or the EG Access capital grant does not occur within thirty (30) days of the Effective Date of this Agreement, the Grantor may declare this Agreement null and void..
Sample 1
Effective Date of Renewal. This franchise renewal will commence on the date specified in the resolution authorizing the renewal as the effective date of renewal (the “Effective Date”) which shall be a minimum of thirty (30) days from the date the resolution is adopted. Prior to the Effective Date, Grantee must file with the Executive Officer its written acceptance of the resolution renewing the franchise in the form agreed to by both parties. Within thirty (30) days after the Effective Date, Grantee must file with the Executive Officer the required bonds and insurance policies or insurance certificates; provided, however, that if the filing of these documents does not occur within that thirty (30) day period, or any authorized extension of that period, Grantor may declare this franchise renewal null and void.
Sample 1
Effective Date of Renewal. This Agreement shall be effective on the date that both parties have executed this Agreement (the "Effective Date"), provided that said date is no later than thirty (30) days after the date the City Council, by Resolution, approves this Agreement (the "Approval Date"). The grant of a franchise provided for in this Agreement is further contingent upon the filing by Grantee with the City Clerk of the security fund and insurance certificates provided for in the Ordinance, except that if such filing does not occur within sixty(60) days after the Approval Date, the City may, in its sole discretion, declare a grant of this franchise provided for herein to be null and void.
Sample 1
Effective Date of Renewal. Notwithstanding its earlier execution by the parties, performance under the provisions of this Agreement will commence on July 1, 2005, which is referred to herein as the “effective date.” No later than 30 days after the date on which the ordinance authorizing this Agreement becomes operative, Grantee must file with the City Clerk any required construction bond, security fund, and verification of insurance coverage; provided, however, that if the filing of these documents does not occur by the end of that 30-day period, or within any authorized extension of that date, the Grantor may declare this Agreement to be null and void.
Sample 1

Related to Effective Date of Renewal

  • EFFECTIVE DATE OF CONTRACT This contract shall not become effective until and unless approved by the City of Nashua.

  • Notice; Effective Date of Termination (a) Termination of Executive’s employment pursuant to this Agreement shall be effective on the earliest of:

  • Effective Date of Termination Executive’s employment will terminate on the 30th day after Executive gives written notice to the Company stating that Executive is resigning his employment with the Company for any reason other than Good Reason, unless the Company waives in writing all or part of this notice period (in which case the termination of employment is effective as of the date of the waiver).

  • Effective Date of This Agreement and Termination Thereof (a) This Agreement shall become effective at 10:00 A.M., New York time, on the first full business day following the day on which you and the Company receive notification that the Registration Statement became effective.

  • Effective Date of Agreement; Termination This Agreement shall become effective when the parties hereto have executed and delivered this Agreement. The obligations of the several Underwriters hereunder shall be subject to termination in the absolute discretion of UBS, if (1) since the time of execution of this Agreement or the earlier respective dates as of which information is given in the Registration Statement, the Preliminary Prospectuses and the Prospectus there has been any change or any development involving a prospective change in the business, properties, management, financial condition or results of operations of the Company and its subsidiaries taken as a whole, the effect of which change or development is, in the sole judgment of UBS, so material and adverse as to make it impractical or inadvisable to proceed with the public offering or the delivery of the Securities on the terms and in the manner contemplated in the Registration Statement, the Preliminary Prospectuses and the Prospectus, or (2) since the time of execution of this Agreement, there shall have occurred: (A) a suspension or material limitation in trading in securities generally on the NYSE, the AMEX or the NASDAQ Global Market; (B) a suspension or material limitation in trading in the Company’s securities on the AMEX; (C) a general moratorium on commercial banking activities declared by either federal or New York State authorities or a material disruption in commercial banking or securities settlement or clearance services in the United States; (D) an outbreak or escalation of hostilities or acts of terrorism involving the United States or a declaration by the United States of a national emergency or war; or (E) any other calamity or crisis or any change in financial, political or economic conditions in the United States or elsewhere, if the effect of any such event specified in clause (D) or (E), in the sole judgment of UBS, makes it impractical or inadvisable to proceed with the public offering or the delivery of the Securities on the terms and in the manner contemplated in the Registration Statement, the Preliminary Prospectuses and the Prospectus or (3) since the time of execution of this Agreement, there shall have occurred any downgrading, or any notice or announcement shall have been given or made of: (A) any intended or potential downgrading or (B) any watch, review or possible change that does not indicate an affirmation or improvement in the rating accorded any securities of or guaranteed by the Company or any subsidiary of the Company by any “nationally recognized statistical rating organization,” as that term is defined in Rule 436(g)(2) under the Act. If UBS elects to terminate this Agreement as provided in this Section 7, the Company and each other Underwriter shall be notified promptly in writing. If the sale to the Underwriters of the Securities, as contemplated by this Agreement, is not carried out by the Underwriters for any reason permitted under this Agreement, or if such sale is not carried out because the Company shall be unable to comply with any of the terms of this Agreement, the Company shall not be under any obligation or liability under this Agreement (except to the extent provided in Sections 4(k), 5 and 9 hereof), and the Underwriters shall be under no obligation or liability to the Company under this Agreement (except to the extent provided in Section 9 hereof) or to one another hereunder.

  • Effective Date of Agreement The provisions of the agreement will come into full force and effect on the date of ratification, unless specified otherwise.

  • Effective Date of the Agreement The date indicated in the Agreement on which it becomes effective, but if no such date is indicated, it means the date on which the Agreement is signed and delivered by the last of the two parties to sign and deliver.

  • Effective Date; Term This Agreement shall become effective on the date first written above and shall remain in force for a period of time of two years from such date, and from year to year thereafter but only so long as such continuance is specifically approved at least annually by the vote of a majority of the Trustees who are not interested persons of the Fund, the Adviser or the Sub-Adviser, cast in person at a meeting called for the purpose of voting on such approval, and by a vote of the Board of Trustees or of a majority of the outstanding voting securities of the Series. The aforesaid requirement that this Agreement may be continued "annually" shall be construed in a manner consistent with the 1940 Act and the rules and regulations thereunder.

  • Effective Date; Termination Section 6.01. The following events are specified as additional conditions to the effectiveness of the Development Credit Agreement within the meaning of Section 12.01 (b) of the General Conditions:

  • EFFECTIVE DATE OF PLAN Stock Awards and Options may be granted under this Plan upon its adoption by the Board, provided that no incentive stock option will continue to be effective unless this Plan is approved by a majority of the votes entitled to be cast by the Stockholders, voting either in person or by proxy, at a duly held Stockholders' meeting or by the consent of stockholders owning more than 50% of shares of the Common Stock within twelve months of such adoption.

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