TERM OF THIS CONTRACT Sample Clauses

TERM OF THIS CONTRACT. The term of this Contract commences on the Contract Start Date and ends on the earliest of (i) the
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TERM OF THIS CONTRACT. This contract has an initial term of Click here to enter text to Click here to enter text. If a start date is not identified, the term shall commence upon the last dated signature of the Parties. For procurements conducted in BidBuy, the State may include in this contract the BidBuy Purchase Order as it contains the agreed term. If checked, see the attached BidBuy Purchase Order for the Term of this Contract. In no event will the total term of the contract, including the initial term, any renewal terms and any extensions, exceed 10 years. Vendor shall not commence billable work in furtherance of the contract prior to final execution of the contract except when permitted pursuant to 30 ILCS 500/20-80.
TERM OF THIS CONTRACT. This Contract shall be in full force and effect from the date of delivery hereof until such time as the Bonds shall have been paid or provision for such payment shall have been made in accordance with the Resolution and all payments due or to become due to the Paying Agent and Bond Registrar have been made.
TERM OF THIS CONTRACT. This Contract shall commence on the Effective Date and, unless terminated at an earlier date by operation of Law or in accordance with the provisions of this Contract, shall expire on the Expiry Date.
TERM OF THIS CONTRACT. 2.1. Subject to the provisions of this Section and Section 13, the term of this contract shall be thirty (30) years as from the effective date. 2.2. If at the end of the initial six (6) years as from the effective date, no petroleum is discovered in commercial quantities in the contract area, the contractor shall have the option either to terminate this contract or to request the Joint Authority, by means of a sixty (60) days written notice prior to the end of the initial six (6) years, to extend this contract to the end of the tenth year from the effective date. Where a discovery is made but has not been appraised before the end of the tenth contract year, the Joint Authority shall extend the term of this contract so as to allow completion of an expeditious appraisal of the discovery, or if necessary in the case of a natural gas discovery, until marketing arrangements and sales contracts are completed. The extension shall be promptly granted, without prejudice to the provisions of Section 13 of this contract relating to termination, provided a work program and expenditures are agreed in accordance with subsection 3 of Section 4 of this contract. 2.3. If, at the end of the term of this contract as extended under subsection 2 of this Section, no petroleum is discovered in commercial quantities in the contract area, this contract shall automatically terminate in its entirety. 2.4. If petroleum is discovered in any block or blocks of the contract area within the initial six (6) year period or any extension pursuant to subsection 2 of this Section, which the Joint Authority and the contract operator agree can be produced commercially, based on the consideration of all pertinent operating and financial data, then as to that particular block or blocks of the contract area the Joint Authority shall declare a discovery area and the contract operator shall commence development. In other blocks in the contract area, the contract operator shall continue exploration without prejudice to the provisions of Section 3 regarding the relinquishment of blocks. 2.5. If petroleum production has not ceased permanently in and from the contract area by the end of the thirtieth contract year, the Joint Authority shall give sympathetic consideration to extending the term of this contract beyond the thirtieth contract year until production ceases permanently. In the case of a natural gas project, the contract term shall be automatically extended to the end of the term of the natural...
TERM OF THIS CONTRACT. The term of this Contract commences on the Contract Start Date and ends on the earliest of (i) the “Contract End Date” identified in Exhibit A, (ii) the date upon which the Lease expires or is terminated, or (iii) the date upon which this Contract is terminated by the Program Administrator as a result of default by the Owner or Tenant. The term of this Contract may not extend beyond September 30, 2021, unless HUD extends the waiver authority provided by the April 10, 2020 Memorandum extended by the December 4, 2020 Memorandum (the “extended waiver period”), in which case the Parties may agree to extend the Term of this Contract to no later than such new time as HUD’s waiver of the TBRA requirements in 24 CFR 92.209 expires.
TERM OF THIS CONTRACT. The term of this contract is listed in Appendix 3.
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TERM OF THIS CONTRACT. This Contract shall be for a term of one year from the Effective Date and will renew for successive one year terms unless terminated sooner.
TERM OF THIS CONTRACT. One year from the effective date, and will automatically renew for successive one year periods, unless either party provides written notice to the other party of its election to terminate at least 30 days prior to the end of the then current term. (Dentist Participation Agreement Section 3.A)
TERM OF THIS CONTRACT. Amendment
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