Services Term Clause Samples

Services Term. The “Services Term” is the period during which Buyer is obligated to purchase Products Delivered to Buyer by Seller, commencing on the Commercial Operation Date and continuing for a period of fifteen (15) years from the Commercial Operation Date, unless this Agreement is earlier terminated in accordance with the provisions hereof.

Services Term. Unless otherwise agreed in writing, a Service that you order will start at the earliest of (a) your first use of the Service; (b) the date you purchased the Service; or (c) the start date contained in the Order Form, and will end at the expiration of the Services Term unless sooner terminated as set forth below. Subscriptions automatically renew for successive terms of the same duration as the original Services Term, unless either party gives written notice to the other party of its intention not to renew at least thirty (30) days before the expiration of the applicable Services Term. Any Services that you order must be consumed during the applicable Services Term and any unused Services will expire. 2.2 Periodo de Vigencia de los Servicios. Salvo que se acuerde algo distinto por escrito, el Servicio que usted solicite se iniciará en la primera de las siguientes fechas: (a) su primera utilización del Servicio, (b) la fecha en que usted compró el Servicio, o (c) la fecha de inicio que se indique en el Formulario de Pedido y terminará cuando concluya el Periodo de Vigencia de los Servicios, salvo que se dé por terminado antes como se indica a continuación. Las suscripciones se renuevan automáticamente por periodos sucesivos de la misma duración que el Periodo de Vigencia original de los Servicios, a menos que cualquiera de las partes notifique por escrito a la otra parte su intención de no renovar al menos treinta (30) ▇▇▇▇ antes del vencimiento del Periodo de Vigencia de los Servicios. Todos los Servicios que usted solicite deberán ser consumidos durante el Periodo de Vigencia de los Servicios y todos los Servicios no utilizados expirarán.

Services Term. The Services Term will begin on the Start Date of the initial Order Form and continue for the initial term set forth in the initial Order Form (“Initial Term”). Upon expiration of the Initial Term, unless otherwise set forth in the Order Form, the term recurring Services will automatically renew for successive periods as set forth in the initial Order Form (each a “Renewal Term”) unless either Party gives notice of non- renewal at least thirty (30) days before the expiration of the Initial Term or the then-current Renewal Term. The term of any recurring Services added to your Account after the initial Order Form is executed will start on the Start Date in the applicable Order Form, will run coterminously with the then-current Term of any preexisting Services unless otherwise extended in the applicable Order Form, and will be invoiced on the same billing cycles as the preexisting Services.

Services Term. The performance of the Services shall commence on the Distribution Date and, unless earlier terminated pursuant to Section 4.2 or 4.3, shall terminate on the earlier of (i) December 31, 2007, or (ii) such earlier date as may be expressly provided for in the relevant Schedule hereto (the “Services Term”).

Services Term. January 1, 2007 –June 30, 2007.

Services Term. This Agreement will commence on the Effective Date set forth on the Order Form and continues until all Service subscriptions hereunder have expired or have been terminated (the “Services Term”). Thereafter, except as stated on an applicable Order Form, the Services Term shall automatically renew for additional periods equal to the expiring subscription term or one year, whichever is longer, unless either party has provided written notice of its intent to terminate the Service subscription not less than forty-five (45) days prior to the expiration of the then-current Services Term applicable to the Service subscription.

Services Term. (a) The Employer hereby employs the Employee, and the Employee hereby agrees to be employed by the Employer, as President of the Employer, and the Employee will use his best efforts to perform services for the Employer in accordance with directions given to Employee from time to time by the Chief Executive Officer or the Board of Directors of the Employer (the "Board"). (b) The Employee shall participate in the operation of the business of the Employer (the "Business"), and assume and perform all duties and responsibilities consistent with his title and position (the "Services") as from time to time requested by the Employer. (c) The Employee shall be employed for the period commencing on the effective date of this Agreement (the "Effective Date") and ending on the second anniversary of the Effective Date, unless sooner terminated pursuant to the provisions of this Agreement (such period being referred to as the "Employment Period"). If the Merger is not consummated pursuant to the Merger Agreement, this Agreement shall be of no force and effect.

Services Term. This Agreement commences on the Commencement Date and continues for the Services Term until the earlier of: (a) the Expiration Date; or (b) the termination of this Agreement pursuant to clause 16.

Services Term. Throughout the Services Term, Buyer or Seller, as determined pursuant to Article 8.2(d) shall be required to deliver to the other Party, and maintain with the other Party, Collateral in an amount equal to the Collateral Requirement as determined for such Party, if any, as of the most recent Date of Determination in accordance with this Section 8.1(a)(ii). Buyer will provide Notice weekly to Seller of the Collateral Requirement amount to be posted by Buyer or Seller, as applicable, in accordance with Section 8.2. Within three Business Days of such Notice (the “Posting Deadline”), the Posting Party shall post Collateral in satisfaction of the Collateral Requirement with the other Party and shall maintain such Collateral until the next Posting Deadline, as of which time the Secured Party shall return such Collateral previously posted that is in excess of the Posting Party’s then-current Collateral Requirement (except as provided pursuant to Section 8.1(a)(iii)). Collateral that is drawn upon by a Secured Party shall not relieve the Posting Party of the obligation to post in full, as of the next Posting Deadline, any and all Collateral required in satisfaction of its then-current Collateral Requirement, if any.