Term of the PPPA Sample Clauses

Term of the PPPA. A specific tenure is used as one of the defining features of PPPs in the definition provided by the PPP Policy 2016. The PPPA needs to define the total duration of the contract, the commencement of the contract and the expiry of the contract. The total duration of the contract depends on several factors, including but not limited to, the lifecycle of the assets, financial feasibility and regulatory limits. Typically, the rights and obligations under a PPPA are fully enforceable from the date on which condition precedents are fulfilled by both parties to the contract. Condition precedents are initial commitments by each contracting party, the satisfaction of which are essential for commencement of contractual activities by the other party. A PPPA naturally expires at the end of its specified duration but can be terminated before end of the duration in certain predefined conditions. The PPPA can also be extended, increasing its contractual duration. 1 Alternate legal terminology such as “Contracting Authority”, “Concessioning Authority”, “Authority” et cetera can be used 2 Alternate legal terminology such as “Service Provider”, “Concessionaire” et cetera can be used The suggested clauses relevant to this component of the PPPA are as follows:
Sample 1
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Related to Term of the PPPA

  • Term of the Lease The lease begins at p.m. on (the “Check-in Date”) and ends at a.m. on (the “Checkout Date”).

  • Term of the GTC These GTC shall remain in effect unless terminated earlier by either party in accordance with this Section 7.

  • TERM OF THE CONTRACT A. This Contract has an initial term of one (1) year and a bilateral option provision for three (3) additional terms. The total term of the Contract cannot exceed four (4) years. An extension may be offered beyond the original four-year term if Sourcewell deems such action to be in the best interests of Sourcewell and its Members. The Contractor may withdraw from the Contract on each anniversary of the award, provided that the Contractor gives 60 Days written notice of its intent to withdraw. Sourcewell may, for any reason, terminate this Contract at any time.

  • Term of Engagement This Agreement will remain in effect for 12 months from the date of this Agreement. The parties hereto may terminate or extend this Agreement at any time by written consent.

  • Term of the Agreement 2.1 The term of this Agreement shall be three years, beginning on the Effective Date and shall apply to the BellSouth territory in the state(s) of Alabama, Florida, Georgia, Kentucky, Louisiana, Mississippi, North Carolina, South Carolina and Tennessee. Notwithstanding any prior agreement of the Parties, the rates, terms and conditions of this Agreement shall not be applied retroactively prior to the Effective Date.

  • Term of Use Registry Operator, through CZDA Provider, will provide each user with access to the zone file for a period of not less than three (3) months. Registry Operator will allow users to renew their Grant of Access.

  • Term of Services The term of this Agreement shall begin on the Effective Date and shall end on , the date of completion specified in Exhibit A, and Consultant shall complete the work described in Exhibit A on or before that date, unless the term of the Agreement is otherwise terminated or extended, as provided for in Section 8. The time provided to Consultant to complete the services required by this Agreement shall not affect the City’s right to terminate the Agreement, as referenced in Section 8.

  • Period of the Agreement This Agreement becomes effective when signed by the last party whose signing makes the Agreement fully executed. This Agreement shall remain in effect until the Project is completed or unless terminated as provided below.

  • Project Term The Project shall commence on the Signature Date, and shall endure for the Project Term.

  • TERM OF TENANCY The Landlord lets to the Tenant the Property for a period of choose an item The Tenancy shall start on and include the 01 February 2022 and shall end on and include the 31 January 2023.

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