Term Renewal and Termination of Agreement Sample Clauses

Term Renewal and Termination of Agreement. This MOU will be effective August 1, 2018 through May 31, 2019. After this date, the MOU will be reviewed on an annual basis and the parties may mutually agree to renew the MOU for successive one (1) year term. The parties reserve and have the right to terminate this MOU upon 90 days written notice to the other party(ies). If at any time during the term of this MOU, either party considers terminating the agreement, such party shall give the other party written notice that it is considering such action, which notice shall set forth with sufficient specificity such party's reasons for contemplating termination. During the following thirty (30) day discussion period, the party considering termination, if not fully satisfied, may elect to terminate the MOU by giving the other party thirty (30) days written notice of its intentions to terminate.
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Term Renewal and Termination of Agreement. The terms of this Agreement will be jointly reviewed annually by faculty and administrators to whose programs are participating in the Joint Engineering Admissions Program. The Agreement will automatically be renewed with written amendments, if any, mutually agreed upon by both parties. TAMUK and STC reserve the right to terminate this Agreement upon services of written notice to the other party 90 days prior to the date of termination. In this event, the date of termination will be the day after the end of the semester during which the 90 day period expires. Any changes made to the STC or TAMUK programs associated with the Joint Engineering Admission Program must be shared with the partnering institution at least one semester before the changes take effect.
Sample 1
Term Renewal and Termination of Agreement. This MOU for the operation of the Burleson Collegiate High School will be in effect through June 30, 2022. This agreement will be reviewed on an annual basis and the parties may mutually agree to renew the MOU for successive one-year terms. During any fiscal year, the College and School District reserve and have the right to terminate this MOU upon service of written notice to the other party no later than the first business day in April. If notice of termination is given, the contract will terminate at the end of the spring semester in that fiscal year during which the terminating party gives the other such written notice and after the provisions for serving students through the Discontinuation Process of BCHS, as outlined in this MOU, have been fulfilled.
Sample 1
Term Renewal and Termination of Agreement. The MOU will be in effect through May 2019. The MOU will be reviewed on an annual basis and the parties may mutually agree to renew the MOU for successive one (1) year terms. During any fiscal year, the College and School District reserve and have the right to terminate this MOU upon service of written notice to the other party no later than the first business day in November. If notice of termination is given, the contract will terminate at the end of the fall semester in that fiscal year during which the terminating party gives the other such written notice to the other party ninety (90) days prior to the date of termination. In this event, the date of termination will be the day after the end of the semester during which the 90-day period expires and after the provisions for serving students through the Discontinuation Process of the ECHS, as outlined in this MOU, have been fulfilled.
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Term Renewal and Termination of Agreement. Participation Agreement for Fleet Maintenance Between the Volusia County Property Appraiser and County of Volusia
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Term Renewal and Termination of Agreement. (a) This Amended and Restated Agreement shall be in effect for a period of 36 months (the “Amended and Restated Initial Term”) from the Effective Date, and, unless and until terminated in accordance with the provisions of subsection (b) below, shall renew from year-to-year thereafter for so long as the license or certificate of authority of General Agent remains in full force and effect.
Sample 1
Term Renewal and Termination of Agreement. This agreement becomes effective upon signature by authorized representatives of UMBC, MC and USG. It remains in effect until June 30, 2020. The parties will discuss and negotiate during AY 2018-19 the renewal, extension, or modification of the MOU in order to achieve the best path forward for the TLST program. This MOU may be modified only by mutual written agreement of all parties.
Sample 1
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Term Renewal and Termination of Agreement 
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Related to Term Renewal and Termination of Agreement

  • Term Renewal and Termination 14.1. This Agreement shall, with respect to the Portfolio, become effective as of the date first above written and shall remain in force for two years thereafter, and for successive annual periods thereafter but only so long as each such continuance is specifically approved at least annually by (1) a majority of the Directors of the Company who are not parties to this Agreement or interested persons of any such parties (other than as Directors of the Company), by vote cast in person at a meeting called for the purpose of voting on such approval; or (2) a vote of the holders of a majority of the outstanding voting securities (as defined in the 0000 Xxx) of such Portfolio. It shall be the duty of the Directors of the Company to request and evaluate, and the duty of the Manager and Sub-Adviser to furnish, such information as may be reasonably necessary to evaluate the terms of this Agreement and any renewal hereof.

  • COMMENCEMENT AND TERMINATION OF AGREEMENT 18 4.1 Term 18 4.2 Effect of Termination on Obligations; Survival 19 4.3 Mutual Termination 19 4.4 Early Termination 19

  • Term and Termination of Agreement 1. This Agreement shall run for a period of one (1) year from the date first written above and will be renewed from year to year thereafter unless terminated by either party as provided hereunder.

  • Renewal and Termination A. This Agreement shall become effective on the date written below and shall continue in effect for two (2) years thereafter, unless sooner terminated as hereinafter provided and shall continue in effect thereafter for periods not exceeding one (1) year so long as such continuation is approved at least annually (i) by a vote of a majority of the outstanding voting securities of the Fund or by a vote of the Board of Trustees of the Trust, and (ii) by a vote of a majority of the Trustees of the Trust who are not parties to the Agreement (other than as Trustees of the Trust) or “interested persons” of any such party, cast in person at a meeting called for the purpose of voting on the Agreement.

  • Term of Agreement and Termination 2.1. This Agreement enters into effect at the time of acceptance of this Agreement.

  • Duration and Termination of Agreement This Agreement shall become effective with respect to each Portfolio on the later of (i) its execution and (ii) the date of the meeting of the Board of Trustees of the Trust, at which meeting this Agreement is approved as described below. The Agreement will continue in effect for a period more than two years from the date of its execution only so long as such continuance is specifically approved at least annually either by the Trustees of the Trust or by a majority of the outstanding voting securities of each of the Portfolios, provided that in either event such continuance shall also be approved by the vote of a majority of the Trustees of the Trust who are not interested persons (as defined in the Investment Company Act) of any party to this Agreement cast in person at a meeting called for the purpose of voting on such approval. Any required shareholder approval of the Agreement or of any continuance of the Agreement shall be effective with respect to any Portfolio if a majority of the outstanding voting securities of the series (as defined in Rule 18f-2(h) under the Investment Company Act) of shares of that Portfolio votes to approve the Agreement or its continuance, notwithstanding that the Agreement or its continuance may not have been approved by a majority of the outstanding voting securities of (a) any other Portfolio affected by the Agreement or (b) all the portfolios of the Trust. If any required shareholder approval of this Agreement or any continuance of the Agreement is not obtained, the Subadviser will continue to act as investment subadviser with respect to such Portfolio pending the required approval of the Agreement or its continuance or of a new contract with the Subadviser or a different adviser or subadviser or other definitive action; provided, that the compensation received by the Subadviser in respect of such Portfolio during such period is in compliance with Rule 15a-4 under the Investment Company Act. This Agreement may be terminated at any time, without the payment of any penalty, by the Trustees of the Trust, by the vote of a majority of the outstanding voting securities of the Trust, or with respect to any Portfolio by the vote of a majority of the outstanding voting securities of such Portfolio, on sixty days' written notice to the Adviser and the Subadviser, or by the Adviser or Subadviser on sixty days' written notice to the Trust and the other party. This Agreement will automatically terminate, without the payment of any penalty, in the event of its assignment (as defined in the Investment Company Act) or in the event the Advisory Agreement between the Adviser and the Trust terminates for any reason.

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