Renewal; Termination Clause Samples
The 'Renewal; Termination' clause defines the conditions under which an agreement may be extended beyond its original term or brought to an end. Typically, it outlines the process for renewing the contract, such as requiring written notice within a specified period before expiration, and details the circumstances or procedures for terminating the agreement, which may include notice requirements or specific grounds for termination. This clause ensures both parties understand how and when the contractual relationship can continue or conclude, providing predictability and a clear exit strategy if needed.
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Renewal; Termination. (A) The Tenant may request the renewal of this Lease, on terms to be mutually agreed by the Parties, provided that notice of such renewal is given in writing no less than two (2) months prior to the expiry date of the current Lease Term. For the avoidance doubt, the Landlord reserves the right to accept or refuse renewal of the Lease, in its sole discretion. 3.13 التجديد و الإنهاء (أ) يجوز للمستاجر أن يتقدم بطلب تجديد عقد الإيجار الراهن و بالشروط التي يتفق عليها الطرفان و ذلك بموجب إخطار خطي مسبق في فترة لا تقل عن شهرين(2) من تاريخ إنتهاء مدة الإيجار الحالية. و إجتنابا للشك، يحتفظ المؤجر بحقه في قبول او رفض تجديد عقد الإيجار وفقا لتقديره وحده.
Renewal; Termination. (a) This Agreement shall continue in effect until terminated by the parties.
(b) Subject to the continuing obligations of Consultant under Section 5 below, either party may terminate this Agreement at any time if the other party shall fail to fulfill any material obligation under this Agreement and shall not have cured the breach within 10 days after having received notice thereof.
(c) Termination or expiration of this Agreement shall not extinguish any rights of compensation that shall accrue prior to the termination.
Renewal; Termination. (a) Following the expiration of the Initial Term, this Agreement will automatically renew for successive Renewal Terms unless either Party provides notice of non-renewal at least ninety (90) days prior to the end of the then-current term or unless earlier terminated pursuant to this Section 21.
(b) At any time without cause, either party may terminate this Agreement upon ninety (90) days prior written notice; provided, however, that if Company terminates this Agreement pursuant to this Section 21(b), Company shall pay an amount equal to (i) $5,000 if terminated during the first six months of the Initial Term or $2,500 if terminated during the sixth through eighteenth month of the Initial Term, plus
Renewal; Termination. (a) This Agreement shall continue in effect until terminated by the parties. Either of the parties may terminate this agreement after 6 months by written notice 30 days in advance, however any finders fees due for cash raised shall remain due and payable.
(b) Subject to the continuing obligations of Consultant under Section 5 below, either party may terminate this Agreement at any time if the other party shall fail to fulfill any material obligation under this Agreement and shall not have cured the breach within 10 days after having received notice thereof.
(c) Termination or expiration of this Agreement shall not extinguish any rights of compensation that shall accrue prior to the termination.
Renewal; Termination. (a) This Agreement shall continue in effect for successive 12 month terms until terminated by the parties. Either the Company or the Consultant may terminate this Agreement by giving the other party thirty (30) days written notice prior to end of term. However, termination of Consultant by the Company shall not relieve the Company of its financial obligations to Consultant as defined herein. Death of the Consultant and his inability to continue performing his duties under the Contract will relieve the Company of its financial obligations to Consultant as defined herein except for the payment to the Consultant’s beneficiary, legal representatives or estate, as the case may be, of any accrued compensation plus 90 days of additional compensation as used in Section 2(a) “Compensation”.
(b) Subject to the continuing obligations of Consultant under Section 5 below, either party may terminate this Agreement at any time if the other party shall fail to fulfill any material obligation under this Agreement and shall not have cured the breach within 15 business days after having received notice thereof.
(c) Termination or expiration of this Agreement shall not extinguish any rights of compensation that shall accrue prior to the termination.
Renewal; Termination. Occupant can renew contract by paying renewal rental when due. If occupant holds over at end of term, occupant will owe monthly rental as indicated for any month unit remains occupied. Owner shall have right to change rent upon giving 30 day notice at last known address. Occupant will give owner 30 day written notice before vacating space and unit will be inspected by manager. All items will have been removed and unit left "BROOM-CLEAN" and DAMAGE FREE. Lock must be removed upon vacating. Failure to comply with these procedures will result in lock being cut and an assessment fee charged, based on time required to clean unit and types of items removed.
Renewal; Termination. (a) This Agreement shall continue in effect for 1 year until terminated by the parties. Either the Company or the Consultant may terminate this Agreement by giving the other party thirty (30) days written notice. However, termination of Consultant by the Company shall not relieve the Company of its financial obligations to Consultant as defined herein. Death the Consultants inability to continue performing his duties under the Contract will relieve the Company of its financial obligations to Consultant as defined herein.
(b) Subject to the continuing obligations of Consultant under Section 5 below, either party may terminate this Agreement at any time if the other party shall fail to fulfill any material obligation under this Agreement and shall not have cured the breach within 10 days after having received notice thereof.
(c) Termination or expiration of this Agreement shall not extinguish any rights of compensation that shall accrue prior to the termination.
Renewal; Termination. (a) This Agreement shall continue in effect for 6 months and thereafter, if not then terminated, shall be renewed annually until terminated by the parties. Either the Company or the Consultant may terminate this Agreement by giving the other party fifteen (15) days written notice.. However, termination of Consultant by the Company shall not relieve the Company of its financial obligations to Consultant as defined herein.
(b) Subject to the continuing obligations of Consultant under Section 5 below, either party may terminate this Agreement at any time if the other party shall fail to fulfill any material obligation under this Agreement and shall not have cured the breach within 10 days after having received notice thereof.
(c) Termination or expiration of this Agreement shall not extinguish any rights of compensation that shall accrue prior to the termination.
Renewal; Termination. (a) The Agreement shall be automatically renewed at the end of the Initial Term for subsequent terms (the Initial Term and any subsequent terms are collectively referred to herein as the "Term") of one (1) year each and shall continue in effect thereafter until either party shall give the other ninety (90) days prior written notice of termination. Notwithstanding the foregoing, either party may terminate the Agreement immediately in the event the other party is in default hereunder and fails to cure such default within forty-five (45) days of written notice from the other party specifying the nature of such default.
(b) Upon termination of this Agreement, the following shall occur:
(i) Acxiom shall cease to provide the Data to Licensee;
(ii) Licensee shall pay Acxiom for all sums, if any, due hereunder within thirty (30) days of the effective date of termination; and
(iii) Unless otherwise provided herein, Licensee shall promptly return to Acxiom all tapes, copies, partial copies and any other documentation, materials, or other information evidencing the Data, together with a written certification that all of the Data has been returned or, in the alternative, destroyed.
(c) In the event that legislation, governmental regulations or judicial rulings require that Acxiom cease providing the Data, Acxiom may terminate this Agreement upon the effective date of such legislation, regulations or rulings.
Renewal; Termination. 9.1. This CA shall be in force as of the last date of signature below until December 31, 2014. If content does not change during this period, renewal shall be determined on the basis of the initiative and/or the publication remaining active, relevant and generally adopted by agencies and organizations within the sector. Either Party may terminate this CA by providing the other Party with 3 months’ prior notice in writing. Either Party may terminate its involvement in this relationship and its obligations under this CA with immediate effect in the event of:
(a) a material breach by the other party which has not been resolved within 10 days following written notice of such a breach; or
(b) an act or omission by the other party that brings the terminating party or its name into dispute or disrepute in any way whatsoever.
9.2. In the event that The Sphere Project will be no longer hosted by IFRC during the course of this Agreement, then at least three (3) months before the expiry date, IFRC shall advise INEE that the Sphere Project will either be moving to another host or will be closing down or will become a recognised entity in its own right or such other arrangements as are made by IFRC and the Sphere Project.
9.3. In the event that The Sphere Project moves to a new host, then IFRC will make all reasonable efforts to secure a smooth transfer of its rights and duties under this Agreement and shall make all necessary efforts to assign its rights to the new host. Notwithstanding the foregoing, IFRC cannot guarantee that any new host will continue to operate this Agreement according to the terms set out herein, and may terminate this Agreement with three (3) months written notice because it shall be up to The Sphere Project and INEE to reach an agreement with the new host.
9.4. In the event that The Sphere Project closes down IFRC will make all reasonable efforts to ensure that the affairs of The Sphere Project will be terminated with due care and attention, including this Agreement with three (3) months written notice.
9.5. In the event that The Sphere Project becomes a recognised entity in its own right, IFRC will make all reasonable efforts to secure a smooth transfer of its rights and duties under this Agreement and shall make all necessary assignments to the Sphere Project. Notwithstanding the foregoing, IFRC cannot guarantee that the Sphere Project will continue to operate this Agreement according to the terms set out herein and may terminate this Agreeme...