Specified Period. Unless otherwise provided by law, a contract for supplies or services may be entered into for any period of time deemed to be in the best interest of the City. Payment and performance obligations for succeeding fiscal periods shall be subject to appropriation by City Council of funds therefor.
Specified Period. Company hereby employs Executive pursuant to the terms of this Agreement and Executive hereby accepts employment with Company pursuant to the terms of this Agreement for the period beginning on May 2, 2001 and ending on May 1, 2005. Subject to paragraphs 8 and 9, this Agreement will automatically be renewed for successive periods of one year after May 1, 2005 unless either party gives notice to the other, at least sixty (60) days prior to the expiration of the specified period, that the party desires to renegotiate this Agreement. Thereafter, the terms and conditions of this Agreement shall apply until the parties reach an agreement modifying them. If an agreement is not reduced to writing and executed by the parties within sixty (60) days of the end of the specified period, then this Agreement shall continue on a month to month basis until terminated by written notice given by either party at least thirty (30) days prior to the end of any monthly period.
Specified Period. (1) If, during the Specified Period, one or more Value Adjustment Events pursuant to clause (a), clause (f) (solely with respect to a Material Modification described in clause (c) of the definition thereof that is effected during the Specified Period and in respect of interest payments otherwise due during the Specified Period) or clause (g), occurs with respect to any Subject Loan Asset (each, a “Qualifying Value Adjustment Event”), the Assigned Value of such Subject Loan Asset in effect at the time of the occurrence of such Qualifying Value Adjustment Event shall not be amended by the Administrative Agent solely during the Specified Period, subject to the requirements of this clause (iii);
Specified Period. Employer hereby employs Employee, and Employee hereby accepts employment with Employer for the period beginning on May 1, 1999 and ending on April 30, 2001, subject to earlier termination as provided in Article 6.