The Agreement Term Sample Clauses

The Agreement Term. 1. The Agreement shall enter into force as of the date of signing hereof by the Parties. 2. The Agreement shall be concluded for an indefinite period of time. The Agreement can be terminated by mutual agreement of the Parties or on 3-months length period of notice, calculated from the end of calendar month. The Parties agree that neither of them can issue the termination notice within the first 3 month of the Agreement validity. 3. In addition, each of the Parties shall have the right to terminate the Agreement with immediate effect, if the other Party violates the provisions of the Agreement and does not remedy the violation within an additional time limit, not shorter than 30 days, specifically given to the Party in writing otherwise null and void. 4. Each of the Parties shall be authorised to terminate the Agreement with immediate effect, if FCA or KNF demands that the Agreement be terminated or amended; where any amendment is demanded, if the Parties fail to reach an agreement as to the wording of the required amendment within an appropriate time limit, not longer than that indicated by FCA or KNF, respectively. 5. The Agreement may be terminated with immediate effect when the competent court or authority has issued a decision or adopted a resolution on dissolution or liquidation of any of the Parties. 6. The Agreement may be terminated with immediate effect in case of losing by E360F of permit to render payment services being subject to the Agreement, if E360F has not transfered the rights and obligations following from the Agreement to another entity possessing such permits, according to § 14 section 6 of the T&C. 7. No omission by either Party to request strict observance of any material condition of the Agreement shall be deemed a waiver of any right to request at a later date strict observance of such a condition or any other significant condition of the Agreement.
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The Agreement Term. 6.1 This agreement shall commence at the execution date and shall terminate at the end of the lease term and/or the extended lease term, as to be determined in the leasehold agreement with the Israel Lands Administration relating to the Plot and/or upon termination of the Lease Term and/or the Additional Lease Term as defined in the Agreement, the earlier of the two. It is hereby agreed and clarified that the termination term of this agreement may and shall be five years after the completion of the Project, if at that time those holding at least 75% of the building rights in the Project in accordance with the Town Building Plan have decided upon the replacement of the Management Company for any reason whatsoever. Likewise, those holding a decision of 75% of the holders of building rights in the Project in accordance with the Town Building Plan shall have the right to terminate this agreement even after the said period, if the Management Company has materially breached its undertakings under the provisions of this agreement towards the holders in the Project. 6.2 It is agreed that the Management Company shall commence with the provision of Services upon occupation of the first property in the Project by any tenant whatsoever, however the management fees shall be paid by the Tenant commencing from the date of delivery of possession of the leased premises. 6.3 It is agreed that, notwithstanding anything stated in this agreement, if the Management Company is forced to cease providing Services in the Project due to a valid court order, this agreement shall be cancelled and the Tenant shall not have any cause of action whatsoever in connection with the cancellation of the agreement. 6.4 Upon completion of the final accounting between the Management Company and the Tenant, the Tenant’s guarantees held by the Management Company, and the monthly payments paid to the Management Company for those months during which the Tenant did not receive the Services from the Management Company due to the cessation of the agreement, shall be returned to the Tenant. 6.5 It is hereby agreed that the Management Company shall be entitled to file written notice, during a warning period of one year, regarding its wish to terminate the undertakings under this agreement. In such a case, the undertakings between the Management Company and the Tenant shall be stopped, without any of the parties having any claim and/or suits whatsoever for the cessation of the undertakings in accordance wi...
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The Agreement Term. 5.1 The Agreement will be in effect from September 25, 2012 (hereinafter: "the Effective Date") until it is concluded as detailed in this section 5 (hereinafter: "the Agreement Term"). The Agreement will become effective upon signing, excluding the provisions of section 7 below which will become effective after all the legally required approvals are obtained (including the meeting of the Company's shareholders and/or the Tel-Aviv Stock Exchange Ltd. (hereinafter:"the TASE") for the allocations detailed in this Agreement). In the event that these approvals are not obtained within 90 days from the Effective Date, this Agreement shall become null and void as follows: 5.1.1 The sole consideration of any type to which the Service Provider will be entitled will be US$ 40 thousand a month plus the legally required VAT for every month in which the Services were rendered (in the event that the Services were rendered for part of a month, the relative portion of the consideration shall be paid), excluding the Initial Term (as defined below). 5.1.2 In the event that all the approvals according to the Agreement are obtained within 90 days and the Agreement become effective, the payments made during this period will be viewed as payments for the software and the period will be offset as part of the Initial Term (as defined below). 5.2 The Parties hereby agree that the first four months of this Agreement shall be defined as the "Initial Term". 5.3 This Agreement will be concluded at the end of three (3) years from the Effective Date, subject to the terms specified in section 6 below. 5.4 Notwithstanding the aforesaid, the Company will be entitled to terminate this Agreement immediately, without providing advance notice and without any compensation and at its sole discretion, if any of the following events occur: 5.4.1 The Service Provider is convicted of committing theft, vandalism or intentional damage to the Company's property. 5.4.2 The Service Provider is convicted of committing a crime involving moral turpitude. 5.4.3 The Service Provider commits a fundamental violation of the Agreement and this violation, to the extent that it is rectifiable, is not rectified within 14 days from the date of the Company's announcement in writing of said violation, or a non-fundamental violation that is not rectified within 30 days from the date of the Company's announcement in writing of said violation. 5.4.4 In the event that starting from March 1, 2014, the Service Provider does n...
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The Agreement Term. 7.1. This Agreement is for an unlimited period which will begin on March 1, 2010 (the “Agreement Term”) and subject to the following. 7.2. Without derogating from the provisions of Section 7.1 above, the period commencing on the Agreement commencement date and ending six calendar months thereafter, will be a trial period (the “Trial Period”). During the Trial Period, the Company shall examine the suitability of the Employee for the position and his compliance with his representations and commitments as specified in this Agreement. 7.3. During the Trial Period the Company will be entitled to terminate this Agreement by an advance notice, as required by law regarding the employment period until the termination date, according to its sole discretion and without being obligated to reason its decision. 7.4. After the Trial Period, each party will be entitled to terminate the Agreement by an advance notice according to law. 7.5. During the entire Agreement Term, the Company shall be entitled to terminate the Agreement immediately, with no advance notice, upon the occurrence of one or more of the following events: 7.5.1. If the Employee shall be convicted in a criminal offence, except for a technical offence or one of strict liability, or if an indictment shall be filed against him in a criminal offence which is a felony or criminal act. 7.5.2. If the Employee breached his fiduciary duty towards the Company and/or will not act and/or operate with loyalty and/or credibly and/or honestly towards the Company and/or for himself. 7.5.3. The Company found out that the Employee’s representations in Section 2 of this Agreement and/or his undertakings, as specified in Section 3 above are untrue and/or incorrect and/or are invalid; 7.5.4. The Company found out that he Employee had breached any of the provisions of Sections 9 and 10 ; 7.5.5. The Employee breached the Agreement and did not correct the breach, even though he had received a 30 day notice or a shorter notice, according to the urgency of the matter and/or committed a severe disciplinary offence in circumstances which entitle the employer to dismissal without severance pay. 7.6. For avoidance of doubt it is agreed, that in each of the cases specified in paragraph 7.5 above, the dismissal shall enter effect immediately, without requiring the provision of advance notice or payment in respect thereof. 7.7. Upon the termination of the Employee’s work at the Company for any reason, the Employee shall transfer his Offi...
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The Agreement Term. The provisions hereof shall be binding on the User from the moment of first use till the moment he/she completely ceases using the online store. If any clause hereof becomes partially or completely invalid or contrary to law, this shall not entail the invalidity of other clauses hereof.
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The Agreement Term. 7.1. This Agreement is for an unlimited period which will begin on December 15, 2013 (the "Agreement Term") and subject to the following. 7.2. As aforesaid in this Agreement and without derogating from the provisions of Section 7.1 above, the period commencing on the Agreement commencement date and ending three months thereafter, will be the Trial Period. During the Trial Period, the Company shall examine the suitability of the Employee for the position and his compliance with his representations and commitments as specified in this Agreement.
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The Agreement Term. The commencement date of this Agreement is the commencement date of the Lease Agreement. This Agreement and the permission to use the means of entering into the Parking thereunder, will end in any event where the Lease Agreement ends, whether due to its expiry or for any other reason and without the need to provide separate notice.
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Related to The Agreement Term

  • Term of Agreement; Termination A. The term of this Agreement shall commence on the date hereof. B. This Agreement shall terminate at the Effective Time of the Merger or the earlier of (i) at any time prior to consummation of the Merger by the written consent of the parties hereto and (ii) termination of the Merger Agreement in accordance with its terms. Upon such termination, no party shall have any further obligations or liabilities hereunder; provided, however, such termination shall not relieve any party from liability for any willful breach of this Agreement prior to such termination.

  • Agreement Term This Agreement commences on the Effective Date and continues until terminated in compliance with this Clause.

  • Term of the Agreement 2.1 The term of this Agreement shall be two years, beginning on the Effective Date and shall apply to the state(s) of Alabama, Florida, Georgia, Kentucky, Louisiana, Mississippi, North Carolina, South Carolina and Tennessee. 2.2 The Parties agree that by no earlier than two hundred seventy (270) days and no later than one hundred and eighty (180) days prior to the expiration of this Agreement, they shall commence negotiations for a new agreement to be effective beginning on the expiration date of this Agreement (“Subsequent Agreement”). If as of the expiration of this Agreement, a Subsequent Agreement has not been executed by the Parties, then except as set forth in Section 2.3.2 below, this Agreement shall continue on a month-to-month basis while a Subsequent Agreement is being negotiated. The Parties’ rights and obligations with respect to this Agreement after expiration shall be as set forth in Section 2.3 below. 2.3 If, within one hundred and thirty-five (135) days of commencing the negotiation referred to in Section 2.2 above, the Parties are unable to negotiate new terms, conditions and prices for a Subsequent Agreement, either Party may petition the Commission to establish appropriate terms, conditions and prices for the Subsequent Agreement pursuant to 47 U.S.C. 252. In the event the Commission does not issue its order prior to the expiration date of this Agreement, or if the Parties continue beyond the expiration date of this Agreement to negotiate the Subsequent Agreement without Commission intervention, the terms, conditions and prices ultimately ordered by the Commission, or negotiated by the Parties, will be effective retroactive to the day following the expiration date of this Agreement. 2.3.1 Except as set forth in Section 2.3.2 below, Notwithstanding the foregoing, in the event that as of the date of expiration of this Agreement and conversion of this Agreement to a month-to-month term, the Parties have not entered into a Subsequent Agreement and no arbitration proceeding has been filed in accordance with Section 2.3 above, then either Party may terminate this Agreement upon sixty

  • Agreement Termination In the event Contractor is unable to fulfill its responsibilities under this Agreement for any reason whatsoever, including circumstances beyond its control, County may terminate this Agreement in whole or in part in the same manner as for breach hereof.

  • Renewal, Termination and Amendment This Agreement shall continue in effect, unless sooner terminated as hereinafter provided, until December 31, 2007 and shall continue in full force and effect for successive periods of one year thereafter, but only so long as each such continuance as to the Portfolio is specifically approved at least annually by vote of the holders of a majority of the outstanding voting securities of the Portfolio or by vote of a majority of the Trust's Board of Trustees; and further provided that such continuance is also approved annually by the vote of a majority of the Trustees who are not parties to this Agreement or interested persons of any such party. This Agreement may be terminated as to the Portfolio at any time, without payment of any penalty, by the Trust's Board of Trustees, by the Manager, or by a vote of the majority of the outstanding voting securities of the Portfolio upon 60 days' prior written notice to the Adviser, or by the Adviser upon 90 days' prior written notice to the Manager, or upon such shorter notice as may be mutually agreed upon. This Agreement shall terminate automatically and immediately upon termination of the Management Agreement between the Manager and the Trust. This Agreement shall terminate automatically and immediately in the event of its assignment. The terms "assignment" and "vote of a majority of the outstanding voting securities" shall have the meaning set forth for such terms in the 1940 Act. This Agreement may be amended at any time by the Adviser and the Manager, subject to approval by the Trust's Board of Trustees and, if required by applicable SEC rules, regulations, or orders, a vote of a majority of the Portfolio's outstanding voting securities.

  • Amendment Term The term of the Master Agreement may be amended past the initial term and stated renewal periods for a reasonable period if in the judgment of the Lead State a follow-on competitive procurement will be unavoidably delayed (despite good faith efforts) beyond the planned date of execution of the follow-on master agreement. This subsection will not be deemed to limit the authority of a Lead State under its state law to otherwise negotiate contract extensions.

  • Amendment; Termination (a) This Addendum (including the Schedules hereto) may not be amended without the prior written consent of the Majority Japan Local Currency Banks hereunder and subject to the provisions of Section 8.01 of the Credit Agreement. (b) This Addendum may not be terminated without the prior written consent of each Japan Local Currency Bank party hereto, CFSC and CFKK unless there are no Japan Local Currency Advances or any other amounts outstanding hereunder, in which case no such consent of any Japan Local Currency Bank shall be required; provided, however, that this Addendum shall terminate on the date that the Credit Agreement terminates in accordance with its terms.

  • Effective Date of Agreement; Termination This Agreement shall become effective when the parties hereto have executed and delivered this Agreement. The obligations of the several Underwriters hereunder shall be subject to termination in the absolute discretion of the Representative, if (1) since the time of execution of this Agreement or the earlier respective dates as of which information is given in the Registration Statement, the Pre-Pricing Prospectuses, the Prospectus and the Permitted Free Writing Prospectuses, if any, there has been any change or any development involving a prospective change in the business, properties, management, financial condition or results of operations of the Company and its subsidiaries taken as a whole, the effect of which change or development is, in the sole judgment of the Representative, so material and adverse as to make it impractical or inadvisable to proceed with the public offering or the delivery of the Securities on the terms and in the manner contemplated in the Registration Statement, the Pre-Pricing Prospectuses, the Prospectus and the Permitted Free Writing Prospectuses, if any, or (2) since the time of execution of this Agreement, there shall have occurred: (A) a suspension or material limitation in trading in securities generally on the NYSE, the American Stock Exchange or the NASDAQ Stock Market; (B) a suspension or material limitation in trading in the Company’s common stock on the NYSE; (C) a general moratorium on commercial banking activities declared by either federal or New York State authorities or a material disruption in commercial banking or securities settlement or clearance services in the United States; (D) an outbreak or escalation of hostilities or acts of terrorism involving the United States or a declaration by the United States of a national emergency or war; or (E) any other calamity or crisis or any change in financial, political or economic conditions in the United States or elsewhere, if the effect of any such event specified in clause (D) or (E), in your sole judgment, makes it impractical or inadvisable to proceed with the public offering or the delivery of the Securities on the terms and in the manner contemplated in the Registration Statement, the Pre-Pricing Prospectuses, the Prospectus and the Permitted Free Writing Prospectuses, if any, or (3) since the time of execution of this Agreement, there shall have occurred any downgrading, or any notice or announcement shall have been given or made of: (A) any intended or potential downgrading or (B) any watch, review or possible change that does not indicate an affirmation or improvement in the rating accorded any securities of or guaranteed by the Company or any Significant Subsidiary by any “nationally recognized statistical rating organization,” as that term is defined in Rule 436(g)(2) under the Act. If the Representative elects to terminate this Agreement as provided in this Section 7, the Company and each other Underwriter shall be notified promptly in writing. If the sale to the Underwriters of the Securities, as contemplated by this Agreement, is not carried out by the Underwriters for any reason permitted under this Agreement, or if such sale is not carried out because the Company shall be unable to comply with any of the terms of this Agreement, the Company shall not be under any obligation or liability under this Agreement (except to the extent provided in Sections 4(o), 5 and 9 hereof), and the Underwriters shall be under no obligation or liability to the Company under this Agreement (except to the extent provided in Section 9 hereof) or to one another hereunder.

  • ENGAGEMENT TERM The Placement Agent’s engagement hereunder will be until the earlier of (i) sixty (60) days and (ii) the Closing Date. The date of termination of this Agreement is referred to herein as the “Termination Date.” In the event, however, in the course of the Placement Agent’s performance of due diligence it deems it necessary to terminate the engagement with respect to itself, such Placement Agent may do so prior to the Termination Date. The Company may elect to terminate the engagement hereunder for any reason prior to the Termination Date but will remain responsible for fees and expenses pursuant to Section 3 hereof and fees with respect to the Securities if sold in the Placement. Notwithstanding anything to the contrary contained herein, the provisions concerning the Company’s obligation to pay any fees actually earned pursuant to Section 3 hereof, to pay expenses pursuant to Section 3 hereof, and the provisions concerning confidentiality, indemnification and contribution, and no fiduciary relationship and governing law (including the waiver of the right to trial by jury) contained herein will survive any expiration or termination of this Agreement. If this Agreement is terminated prior to the completion of the Placement, all fees and expenses due to the Placement Agent shall be paid by the Company to the Placement Agent on or before the Termination Date (in the event such fees are earned or owed as of the Termination Date). The Placement Agent agrees not to use any confidential information concerning the Company provided to such Placement Agent by the Company for any purposes other than those contemplated under this Agreement.

  • Agreement Term and Termination This agreement will remain in effect until the expiration or termination of Customer’s Subscription, whichever is earliest. Customer may terminate this agreement at any time by contacting its Reseller. The expiration or termination of this agreement will only terminate Customer’s right to place new orders for additional Products under this agreement.

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