Term of Commitment Clause Samples
The 'Term of Commitment' clause defines the duration for which the parties are bound by the agreement or a specific obligation within it. Typically, this clause specifies a start date and an end date, or outlines conditions under which the commitment begins and ends, such as upon completion of a project or after a set number of years. By clearly establishing the timeframe of the parties' responsibilities, this clause ensures both sides understand when their obligations commence and conclude, thereby preventing disputes over the period of commitment.
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Term of Commitment. The Consultant shall perform consulting services for The Client for 2 months or until the company has determined upon that agreed upon objectives have been met and the terms of commitment have been fulfilled. Such services shall commence upon receipt of the first payment as outlined in Schedule B, to be renewed for 2 additional months subject to adjustments to the issuance of the shares based on the price of the shares 10 day average price prior to the end of the 2 month period and subject for approval by both REGI U.S. and ▇▇▇▇ ▇▇▇▇▇. Schedule B 150,000 free trading shares for the 2 months consulting services 150,000 warrants(1) exercisable @ .12 - to be exercised within 30 days 125,000 warrants(1) exercisable @. 20 - to be exercised within 60 days 150,000 warrants(1) exercisable @ .30 - to be exercised within 90 days subject to a renewed consulting agreement. 125,000 warrants(1) exercisable @. 50 - to be exercised within 90 days subject to a renewed consulting agreement.
Term of Commitment. April 13, 2020 to October 16, 2020 (6 months)
Term of Commitment. It will be signed, with compulsory intervention of the School of Architecture and Urbanism of the University of São Paulo, the Term of Commitment that, for each internship, will particularize the special legal relationship between the student-trainee and the GRANTOR, as well as the financial resources destined to support the possible grant of a stipend. This agreement shall be in force for a period of five (5) years from the date of signature, which may be extended for equal or shorter periods. After the maximum term of 05 (five) years, where there is interest of the participants, a new instrument must be formalized.
Term of Commitment. April 14, 2020 to October 14, 2020 (6 months)
3.1.1.3.1.1 $825,000 invoiced monthly – total cost of $4,950,000
Term of Commitment. In the event Borrower has not fulfilled condition 4.1(d) precedent set forth in this Article within 30 days of ▇▇▇▇▇▇▇▇’s execution of this Agreement, the Committee may terminate its obligations under this Agreement. In the event construction loan closing has not occurred within 120 of execution of this Agreement, the Committee may terminate its obligations under this Agreement.
Term of Commitment. In the event ▇▇▇▇▇▇▇▇ has not fulfilled all conditions precedent set forth in this Article within 30 days of ▇▇▇▇▇▇▇▇’s execution of this Agreement, ▇▇▇▇▇▇'s obligation under this Agreement shall automatically terminate unless extended by Lender.
Term of Commitment. Subject to the terms of Section 7 hereof, each Participant's Funding Commitment shall remain in effect until the earlier of (i) that date eighteen (18) months from the date of this Agreement, or (ii) the date the full amount of the total of all Funding Commitments has been paid into the Loan Fund in accordance with Section 4 of this Agreement.
Term of Commitment. The term of the Commitment shall be from the date hereof up to and including April 30, 2015.
Term of Commitment. The term of commitment between The Company and The Client shall be for a period of 1 month or until 3,000 positive presentations have been achieved. Commitment shall begin upon execution, by both parties, of this agreement. Provided that compensation has been received, services to be provided shall begin on or about the day shares are received and will continue for the following 20 business days or until 3,000 positive presentations haw been accomplished, whichever occurs last.
Term of Commitment. The term of the Commitment shall be from the date when all conditions precedent set forth herein and the MLA shall have been satisfied up to (but not including) 12:00 Noon on December 28, 2018, or such later date as CoBank may, in its sole discretion, authorize in writing.