NATURE AND TERM OF AGREEMENT Sample Clauses

NATURE AND TERM OF AGREEMENT a. The University retains possession of the Residence and the Room. This Agreement constitutes a license to use the Residence and the Room, as assigned, for a specific purpose. This Agreement is not a lease to possess the Residence or Room, or to transfer any interest in either to you.
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NATURE AND TERM OF AGREEMENT. The provisions of this Section 7, which require Stockholders to vote their shares in accordance with the terms set forth herein, shall constitute a voting agreement under Section 218 of the Delaware General Corporation Law and shall terminate automatically and be of no further force and effect upon the occurrence of a Qualifying IPO (as such term is defined in the Certificate).
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NATURE AND TERM OF AGREEMENT. The provisions of Section 2, which require Stockholders to vote their shares in accordance with the terms set forth herein, shall constitute a voting agreement under Section 55-7-31 of the North Carolina General Statutes and shall terminate automatically and be of no further force and effect upon the earlier of (i) ten (10) years from the date hereof (unless extended in accordance with applicable law) or (ii) the occurrence of a Qualified Public Offering (as defined in Section 3.5 hereof).
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NATURE AND TERM OF AGREEMENT. This is an individual employment agreement entered into under the Employment Relations Act 2000 (“the Act”). The employment will commence on the Start Date specified in Schedule 2 and continue until terminated by either Party in accordance with the terms of this agreement. TRIAL PERIODS‌
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NATURE AND TERM OF AGREEMENT. This Contract shall remain in force and effect until canceled by either party by giving the other party ten (10) days notice in writing at the respective address of said party. If current work extends past ten (10) days, then cancellation shall not be effective until work is completed. At any time and from time to time during the term of this Contract, when Contractor desires work to be performed by Subcontractor, a representative of the Contractor shall give Subcontractor a request for such work. The request (“Work Order”) may be in the form of a Work Order, purchase order, letter, memorandum or other document or may be oral. Subcontractor shall thereafter commence the performance of the work in accordance with the terms of the Work Order and this Contract. Commencement of the work by the Subcontractor shall be deemed to be acceptance of the terms and conditions of the Work Order. This Contract shall control and govern all work performed by Subcontractor under Work Orders, either oral or written. Agreements or stipulations in any such Work Order not in conformity with the terms and provisions hereof shall be null and void. No waiver by Contractor of any terms, provisions or conditions hereof shall be effective unless in writing and signed by an authorized officer of Contractor. Nothing herein shall be construed to obligate Contractor to order work from Subcontractor or obligate Subcontractor to accept work from Contractor.
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NATURE AND TERM OF AGREEMENT 
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Related to NATURE AND TERM OF AGREEMENT

  • Term of Agreement This Agreement shall continue in full force and effect until the tenth (10th) anniversary of Bank Closing; provided, that the provisions of Section 6.3 and 6.4 shall survive the expiration of the term of this Agreement; and provided further, that the receivership of the Failed Bank may be terminated prior to the expiration of the term of this Agreement, and in such event, the guaranty of the Corporation, as provided in and in accordance with the provisions of Section 12.7 shall be in effect for the remainder of the term of this Agreement. Expiration of the term of this Agreement shall not affect any claim or liability of any party with respect to any (i) amount which is owing at the time of such expiration, regardless of when such amount becomes payable, and (ii) breach of this Agreement occurring prior to such expiration, regardless of when such breach is discovered.

  • Term of Agreement and Termination 2.1. This Agreement enters into effect at the time of acceptance of this Agreement.

  • Effective Date and Term of Agreement This Agreement is effective and binding on the Company and Employee as of the date hereof; provided, however, that, subject to Section 2(d), the provisions of Sections 3 and 4 shall become operative only upon the Change in Control Date.

  • 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.

  • 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.

  • Form of Agreement If a vendor submitting an Proposal requires TIPS and/or TIPS Member to sign an additional agreement, a copy of the proposed agreement must be included with the proposal. In response to submitted supplemental Vendor Agreement documents, TIPS will review proposed vendor Agreement documents. Supplemental Vendor’s Agreement documents shall not become part of TIPS’s Agreement with vendor unless and until an authorized representative of TIPS reviews and approves it.

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