Common use of Required Time Frames Clause in Contracts

Required Time Frames. Pursuant to this Section, death or incapacity shall not be grounds for termination of this Agreement unless either: (a) Area Developer or his/her legal representative fails for a period of 180 days after such death or incapacity to commence action to assign this Agreement according to controlling state law regarding the affairs of a deceased or incapacitated person and the terms of this Agreement; or, (b) Such assignment is not completed within one year after death or incapacity.

Appears in 1 contract

Sources: Area Developer Agreement (JTH Holding, Inc.)

Required Time Frames. Pursuant to this Section, death or incapacity shall not be grounds for termination of this Agreement unless either: (a) Area Developer or his/her legal representative fails for a period of 180 days after such death or incapacity to commence action to assign this Agreement according to controlling state law regarding the affairs of a deceased or incapacitated person and the terms of this Agreement; or, (b) Such assignment is not completed within one year after death or incapacity.. 9-13 Ex B Area Developer Agreement

Appears in 1 contract

Sources: Area Developer Agreement (JTH Holding, Inc.)

Required Time Frames. Pursuant to this Section, death or incapacity shall not be grounds for termination of this Agreement unless either: (a) Area Developer or his/her legal representative fails for a period of 180 days after such death or incapacity to commence action to assign this Agreement according to controlling state law regarding the affairs of a deceased or incapacitated person and the terms of this Agreement; or, (b) Such assignment is not completed within one year after death or incapacity.. Area Developer Agreement 7/14

Appears in 1 contract

Sources: Area Developer Agreement (Liberty Tax, Inc.)