Replacement Contract Clause Samples
A Replacement Contract clause defines the process and conditions under which one contract may be substituted for another between the same parties. Typically, this clause outlines the circumstances that trigger the need for a replacement, such as the termination or expiration of the original agreement, and specifies how the terms of the new contract will relate to or differ from the previous one. Its core practical function is to ensure continuity and clarity in the contractual relationship, minimizing disruptions and ambiguities when a new agreement is needed to replace an existing one.
POPULAR SAMPLE Copied 1 times
Replacement Contract. A replacement contract may be established for these services prior to the expiration of this renewed contract. The replacement contract shall supersede and cause early termination of this renewed contract number 252-000-09-ACS. This Amendment (“Amendment”), effective upon execution, to the IT Products and Services (US Communities) Contract, No. 252-000-09-ACS (“Contract”) is effective between the State of Florida, Department of Management Services (“Department” or “Customer”) and Insight Public Sector, Inc. (“Contractor”). Department and Contractor are collectively referred to herein as the “Parties.” All capitalized terms used herein shall have the meaning assigned to them in the Contract, unless otherwise defined herein.
Replacement Contract. It is a breach of the Contract if the PFI does not immediately reimburse the Bank for any funds advanced by the Bank to obtain a Replacement Contract.
Replacement Contract. A replacement contract may be established for these services prior to the expiration of this Contract. The replacement contract shall supersede and may cause early termination of this Contract.
2. This Contract is hereby renewed pursuant to PUR 1000, section 27. The new contract expiration date is August 8, 2020.
3. Each person signing this Agreement warrants that he or she is duly authorized to do so and to bind the respective party.
4. To the extent any of the terms of this Amendment conflict with any other terms of the Contract, the terms of this Amendment shall control. All other terms of the Contract, or as previously amended, remain in full force.
Replacement Contract. A new Contract may be awarded prior to the expiration of this Contract. The new Contract may cause early termination of Contract No. 973-163-10-1. In accordance with section 22, “Termination for Convenience,” General Contract Conditions, PUR 1000, part 6 of the Contract; the Department will provide the Contractor with written notice of early termination no less than 90 days prior to the effective date of the new Contract.
Replacement Contract. A. When the Board of Education approves a leave of absence for a period of six (6) months or more, the Board of Education will post a “Vacancy for ReplacementContract” for the expected leave period. The person hired for such replacement position shall be granted full benefits of the Bargaining Unit. A person hired exclusively for the purpose of replacing a non-teaching school Employee while such Employee is on leave of absence, granted under (O.R.C. 3319.13) shall not be considered a regular non-teaching school Employee.
B. Upon the return of an Employee from leave, the Board of Education may terminate the employment of a person hired for the purpose of replacing the returning Employee while he/she was on leave.
C. If after the return of an Employee from leave, the person employed for the purpose of replacing an Employee on leave is continued in employment as a regular Employee, or if he/she is hired by the Board of Education as regular Employee within one (1) year after his/her employment as a replacement, he/she shall receive credit for his/her length of service with the Board of Education during such replacement.
D. Replacement contract will be granted up to one (1) year only, renewable if the person on leave does not return.
Replacement Contract. Each separate lease agreement and each lease schedule, subschedule, summary schedule or supplement, amendment and other modification (including any master lease insofar as the same reflects any schedule or supplement) that is an Eligible Contract replaced pursuant to Section 3.04 of the applicable Transfer Agreement and allocated to a Certificate pledged under the ICF Indenture or subject to a Lease (as the case may be). Replacement Equipment: Equipment transferred to the Trust pursuant to Section 3.04 of the related Transfer Agreement and allocated to a Certificate pledged under the ICF Indenture or subject to a Lease (as the case may be).
Replacement Contract. If this Agreement is terminated due to a Buyer Event of Default, the Seller shall use its best efforts to secure a contract or series of contracts (each a “Replacement Contract”) with other third parties with a view to substituting a buyer or buyers for all or a portion of the remaining term of this Agreement for the Minimum Quantity of the Product the Buyer is obligated to purchase on terms as comparable as possible to this Agreement. If the Seller is able to enter into such Replacement Contract(s), the Buyer shall pay to the Seller the sum of (i) the positive difference, if any, of the remaining gross receipts from the Capacity Fees in this Agreement less the comparable gross receipts from the Capacity Fees in the Replacement Contract(s), and (ii) the positive difference, if any, of the remaining total of the Minimum Quantity of the Product stated in this Agreement less the total of the Minimum Quantity of the Product stated in the Replacement Contract(s), multiplied by the highest Energy Fee over the twelve (12) months immediately preceding the Early Termination Date (the “Replacement Contract Payment”); provided, however, if the Seller is unable to enter into any Replacement Contract before the Early Termination Date, the Buyer shall pay to the Seller an amount equal to the total Contract Price for the remaining term of this Agreement calculated using the highest Capacity Fee and highest Energy Fee paid by the Buyer over the twelve (12) months immediately preceding the Early Termination Date . The relevant period for the purposes of the calculation in this Section 3.3 shall be from the date the Event of Default occurred to the Agreement Termination Date.
Replacement Contract. A contract that is awarded to an employee for no longer than one (1) school year to replace a bargaining unit member on a leave of absence. If re-hired for a second consecutive school year, a continuing contract will be issued.
Replacement Contract. A replacement contract may be established for these services prior to the expiration of this renewed contract. The replacement contract shall supersede and cause early termination of this renewed contract number 252-500-09-1.
Replacement Contract. A replacement contract may be established for these services prior to the expiration of this renewed contract. The replacement contract shall supersede and cause early termination of this renewed contract number 725-500-12-1. This Amendment, effective as of the last date signed below, by and between the State of Florida, Department of Management Services (Department), Division of State Purchasing (Division), an agency of the State of Florida with offices at ▇▇▇▇ ▇▇▇▇▇▇▇▇▇ ▇▇▇, ▇▇▇▇▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇ ▇▇▇▇▇-▇▇▇▇, and (Contractor), amends State Term Contract No. 725-500-12-1 (Contract).