TERM AND TERMINATION OF CONTRACT Sample Clauses

TERM AND TERMINATION OF CONTRACT. 30.1 The term of this Contract shall be for the period of the License and any Lease granted thereunder, unless the Contract is terminated earlier in accordance with its terms, and shall be deemed to have been terminated, if for any reason, the Contractor ceases to hold such License or Lease.
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TERM AND TERMINATION OF CONTRACT. 1. The XXXX concluded by acceptance hereof may be terminated by mutual agreement of the Parties or by ordinary termination by either Party. The notice period shall be 15 days.
TERM AND TERMINATION OF CONTRACT. A. See Attachment "A" for term details.
TERM AND TERMINATION OF CONTRACT. This Contract is effective July 1, 2020 and shall remain in effect through June 30, 2021. The Contract may be amended by mutual written consent of the parties and may be terminated by any party upon thirty (30) days advanced written notification. This Contract supersedes all previous contracts for services related to storm water disclosure monitoring by the parties.
TERM AND TERMINATION OF CONTRACT. This Agreement shall commence effective August 4, 2006 and continue for an initial term of two months. Thereafter it will automatically renew on a month to month basis unless notice of termination by either party is provided to the other not less than 30 days prior to the renewal date. Following the completion of the Executive’s services as interim Chief Executive Officer of the Company, the Executive will provide the Company with such ongoing management consulting services as may be reasonably requested by the Company, subject to the Executive being granted the stock option referred to in subsection 3(d) hereof and otherwise on such terms as the parties in good faith may determine.
TERM AND TERMINATION OF CONTRACT. This agreement shall begin on September 6, 2014 and shall terminate on September 5, 2016. The parties may agree to a renewal period of one (1) year upon the same terms and conditions. .
TERM AND TERMINATION OF CONTRACT. This Agreement is effective as of January 1, 2021 (“Effective Date”) and will continue through June 30, 2026 (the “Initial Term”). Following the Initial Term, FCPS shall have the option to renew for one (1) additional five (5) year period (a “Renewal Term”). The Initial Term and any Renewal Term will be referred to herein as the “Term.” If FCPS elects to terminate the Agreement at any time before the end of the Initial Term, FCPS is obligated to pay a fee (“Early Termination Fee”) to PlayOn in the amount of two thousand-five hundred dollars ($2,500) per Pixellot system removed as a consequence of such termination. For the sake of clarity, the total amount due to PlayOn would be calculated by multiplying the number of Pixellot Systems that are to be terminated by two thousand-five hundred dollars. FCPS acknowledges that the Pixellot systems are being provided to FCPS at a subsidized price in consideration of the licenses granted by FCPS and the revenue that PlayOn expects to receive from such licenses over the course of the Term. FCPS agrees that the Early Termination Fee is a reasonable estimate of the costs that PlayOn would incur from such early termination. FCPS has the right to terminate this Agreement for any or no cause after the end of the Initial Term by giving written notice of termination to PlayOn a minimum of thirty (30) days before the effective date of the termination. No additional fee will be due if the term is extended for any length of time beyond the Initial Term or if FCPS chooses to terminate the Agreement after the Initial Term. PlayOn may terminate this Agreement and remove the Pixellot systems immediately, if FCPS has breached any provision of this Agreement and failed to cure such breach within 60 days following receipt of PlayOn’s notice of the breach; provided that FCPS will take down all equipment and package it appropriately in PlayOn-provided shipping containers. In the event that PlayOn breaches any provision of this agreement and fails to cure within 60 days, FCPS has the right to terminate the Agreement and PlayOn will remove the Pixellot systems at its own expense.
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TERM AND TERMINATION OF CONTRACT. 12.1. This Agreement shall come into force on the Commencement Date, and shall continue in force indefinitely unless terminated by either party by giving the other not less than [***] written notice.
TERM AND TERMINATION OF CONTRACT. The term of this ILC shall commence upon start of services or execution of this ILC, whichever shall come earlier, and shall terminate upon mutual agreement of the Parties. During the term of this ILC, DIR and DIR Customer shall amend this ILC, in accordance with Section VII of the ILC, as necessary to incorporate changes resulting from amendments to the Data Center Services Contracts. DIR shall keep DIR Customer informed of and provide the opportunity to provide input to DIR concerning the need for such amendments through participation under Section VI of the ILC. Continuation of the ILC is contingent on the continued statutory authority of the Parties to contract for the Services. If this ILC is terminated for any reason other than lack of statutory authority or material breach by DIR, DIR Customer shall pay DIR an amount sufficient to reimburse DIR for any termination charges and any termination assistance charges incurred by DIR on behalf of DIR Customer, including those cost incurred as a result of DIR Customer’s failure to provide timely notification of its intent to terminate. DIR Customer shall provide at least ninety (90) days’ written notice to DIR prior to termination. Payment of such compensation by DIR Customer to DIR shall be a condition precedent to DIR Customer’s termination. DIR and DIR Customer acknowledge and agree that compliance with federal law and ongoing cooperation with federal authorities concerning the expenditure of federal funds in connection with the Data Center Services Contracts and this ILC are essential to the continued receipt of federal funds.
TERM AND TERMINATION OF CONTRACT. 21.1. The term of this Contract or for any program element will be that set out and described in Part 10.
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