Common use of Ratification & Termination Clause in Contracts

Ratification & Termination. A. This cooperative Agreement shall become effective upon approval by all signatory parties. B. Approval of this Agreement by the State shall be considered its acceptance of the provisions and objectives contained herein and shall constitute an agreement between the jurisdictions heretofore mentioned to cooperate in the continuing, cooperative, and comprehensive transportation planning process for the Champaign-Urbana urbanized area. C. A jurisdiction which is eligible and wishes to be part of this Agreement may do so by adoption of a resolution; said resolution agreeing to provisions of this Agreement shall be delivered to the CCRPC. Approval by a majority of member agencies is required. D. This Agreement shall remain in force continuously and shall be automatically renewed on each succeeding June 30th following initial ratification. E. Any party to this Agreement may withdraw by giving written notice to the CCRPC. Termination from this agreement shall not relieve the withdrawing party from compliance with Federal requirements for cooperative transportation planning and programming.

Appears in 2 contracts

Sources: Cooperative Agreement, Cooperative Agreement