Subsequent Contract Clause Samples

The Subsequent Contract clause defines how future agreements between the same parties will interact with the current contract. Typically, it specifies whether the terms of a new contract will override, supplement, or coexist with the provisions of the existing agreement. For example, it may state that any later contract on the same subject matter will supersede the earlier one, or that only explicitly conflicting terms will be replaced. This clause ensures clarity and prevents disputes by establishing a clear hierarchy or relationship between multiple contracts, thereby reducing the risk of conflicting obligations.
Subsequent Contract. Any real estate contract executed in performance of this contract shall be on a form of the Iowa State Bar Association.
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Subsequent Contract the agreement is the act of will of the two parties concluded, based on an FA between “Enel” as the “Beneficiary/Purchaser”, and one or several business operators as “Contractor”;
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Subsequent Contract. If the School Board takes action authorizing the negotiation of a subsequent Contract, the parties will act in good faith to complete negotiations and enter the subsequent Contract before the end of this Contract. This action will include a provision that, in the event that negotiations for a subsequent Contract have not been completed by the end of this Contract’s term, the parties will enter into a subsequent Contract for the term set forth in the School Board’s action and that the new subsequent Contract’s compensation and benefits level in the last year of this Contract is the same as in the current Contract pending final negotiations of compensation and benefit terms for the new Contract.
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Subsequent Contract. Notice of intent not to enter into a new Contract must be given by the Board, in writing, no later than March 1 of the last year of this Contract, unless this Contract is non-renewed and terminated pursuant to Section 1. Said notice shall be in writing and state the specific reason for non-renewal. Failure to provide the notice of intent not to renew by the Board shall extend this Contract for one (1) additional year. Within ten
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Subsequent Contract. Notice of intent not to enter into a new Contract must be given by the Superintendent, in writing, no later than March 1 of the last year of this Contract, unless this Contract is non-renewed and terminated pursuant to Section 12. Said notice shall be in writing and state the specific reason for non-renewal. Failure to provide the notice of intent not to renew by the Superintendent shall extend this contract for one (1) additional year. Within ten (10) days after receipt of a notice of intent not to renew this Contract, the Administrator may request a closed session hearing before the Board. Evidence of the specific reason for non-renewal must be presented by the Superintendent to the Administrator at the hearing. The Administrator has the right of presenting evidence, witnesses and defenses on the grounds of non- renewal.
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Subsequent Contract. In the event that LCSR will not or cannot continue the services provided under this Agreement in the following year, LCSR agrees to provide the contracting Town written notice of its unwillingness or ability to renew this contract on or before September 1of said contract year so as to permit the Town to make alternative arrangements for the provision of ambulance services to its residents.
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Subsequent Contract 
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Related to Subsequent Contract

  • Management Contracts The Recipient agrees that from the date hereof until the date on which none of the Infrastructure Bonds, of which the proceeds were used to pay or reimburse the costs of the Project, remain outstanding (the "Agreement Term"): a. The Recipient will not contract with any Private Person to manage the Project or any portion thereof unless all of the following conditions are met: (A) at least 50% of the compensation of the Private Person is based on a periodic, fixed fee that contains no incentive adjustments, and no amount of compensation is based on a share of net profits; (B) the compensation is reasonable in relation to the services performed; (C) the term of the contract does not exceed five (5) years (including any renewal option periods provided for in the contract); (D) if the term of the contract exceeds three (3) years, the Recipient is able to cancel the contract without penalty or cause at the end of each three-year period of the contract; (E) any automatic increases in the periodic, fixed fee may not exceed the percentage increases determined by an external standard set forth in the contract for computing increases; and (F) any new contract with a Private Person which is subject to this subparagraph F.2. will be subject to the requirements of (A) through (F) of this subparagraph F.2.a.; and b. If the Recipient is subject to subparagraph F.2.a. above and it enters into contracts with Private Persons described in subparagraph F.2.a., and the Governing Body of the recipient numbers five (5) or more members, no more than one (1) member of the Governing Body of the Recipient may be an employee or member of the Governing Body of the Private Person. If the Governing Body of the Recipient numbers less than five (5), no member of the Governing Body of the Recipient may be an employee or member of the Governing Body of the Private Person. Similarly, if the Governing Body of the Private Person numbers five (5) or more members, no more than one (1) of those members may be an employee or member of the Governing Body of the Recipient. However, in no event may a member or employee of both the Recipient and Private Person be the Chief Executive Officer or its equivalent of the Recipient or the Private Person. Members of the Governing Body of the Recipient may not own a controlling interest in the Private Person.

  • No Employment Contract Nothing contained in this Agreement shall confer upon the Optionee any right with respect to continuance of employment by the Company, nor limit or affect in any manner the right of the Company to terminate the employment or adjust the compensation of the Optionee.

  • Project Contracts Prior to the delivery of this Lease, the Company may have entered into a contract or contracts with respect to the acquisition and/or construction of the Improvements. Those contracts, and any such contracts entered into by the Company after delivery of this Lease are hereinafter referred to as the “Project Contracts.” Prior to the delivery hereof, certain work has been or may have been performed on the Improvements pursuant to said Project Contracts or otherwise. Subject to the Lender’s rights in the Project Contracts, the Company hereby conveys, transfers and assigns to the Issuer all of the Company’s rights in, but not its obligations under the Project Contracts and the Issuer hereby designates the Company as Issuer’s agent for the purpose of executing and performing the Project Contracts. After the execution hereof, the Company shall cause the Project Contracts to be fully performed by the contractor(s), subcontractor(s) and supplier(s) thereunder in accordance with the terms thereof, and the Company covenants to cause the Improvements to be acquired, constructed and/or completed in accordance with the Project Contracts. Any and all amounts received by the Issuer, the Trustee or the Company from any of the contractors or other suppliers by way of breach of contract, refunds or adjustments shall become a part of and be deposited in the Project Fund.