Common use of Effectiveness; Term Clause in Contracts

Effectiveness; Term. This Agreement shall become effective and be in full force and effect and a legal, valid and binding agreement of each of the Members on the date that the Board shall have received from at least two of the Initial Members an executed counterpart of this Agreement, together with a certified copy of a resolution of the governing body of each such Initial Member approving this Agreement and the execution and delivery hereof. This Agreement shall continue in full force and effect until such time as it is terminated by written instrument executed by all of the Members.

Appears in 5 contracts

Samples: Joint Exercise of Powers Agreement, Joint Exercise of Powers Agreement, Joint Exercise of Powers Agreement

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