The Term of the Agreement Sample Clauses

The "Term of the Agreement" clause defines the duration for which the contract remains in effect between the parties. It typically specifies a start date and an end date, or outlines conditions under which the agreement will automatically renew or terminate. For example, the clause may state that the agreement is valid for one year from the effective date, with options for renewal upon mutual consent. This clause is essential for establishing clear expectations regarding the timeline of the parties' obligations and helps prevent disputes about when contractual duties begin and end.
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The Term of the Agreement. 6.1. This agreement shall be effective as of the Commencement Date of Providing Services and shall remain in force for an unlimited period. 6.2. Each party may terminate this agreement by furnishing a written notice to the other party, subject to a 90 days prior written notice.
The Term of the Agreement. 6.1. The terms and conditions of this Agreement shall apply as of [month], [day], 2003 (the "EFFECTIVE DAY"). 6.2. The termination of this Agreement as stated in Sections 6.1, 6.3 and 6.4 is without any remedy, indemnification, compensation or reward. This Section shall not prevent any of the Parties from seeking any remedy from the other party due to a breach of this Agreement. 6.3. Notwithstanding anything herein, Tefron shall be entitled to terminate this Agreement by a written notice of at least 30 days in advance, in any and/or all of the following cases ("For Cause"): 6.3.1. A fundamental breach by the Management Company and/or Mr. Shiran of this Agreement; 6.3.2. ▇ ▇▇▇▇▇▇ ▇▇ ▇▇. ▇▇▇▇▇▇ ▇▇ ▇▇s fiduciary or trust duties towar▇▇ ▇▇▇▇▇▇. 6.3.3. The conviction of the Management Company and/or Mr. Shiran in respect of an offense involving ign▇▇▇▇▇ ▇▇▇/or a felony which effects the management's capability. 6.3.4. Ownership by the Management Company and/or Mr. Shiran of an interest in a business in direct ▇▇▇▇▇▇▇▇▇on with Tefron. 6.4. Notwithstanding anything herein, this Agreement shall be terminated upon Tefron's or the Management Company's 90 days prior written notice. Each of the Parties (Tefron or the Management Company) may give such notice upon its sole discretion. Notwithstanding the above, if Tefron terminates this Agreement according to this sub-section, the Management Company will be entitled to an additional 180 days notice (a total of 270 days notice). The Management Company will be entitled to the Consideration during the said notice period. 6.5. Tefron is entitled at its own exclusive discretion to pay the Consideration for part or the entire notice period as determined in this Article 6 above, and accordingly to end the provision of the Management Services earlier than at the end of the relevant notice period. 6.6. In the event the Agreement is terminated for any reason whatsoever, the Management Company and Mr. Shiran shall transfer his position to his replacement ▇▇ ▇▇ ▇▇▇erly manner and will return to Tefron all documents, copies or recorded information in any form or material which came to its possession in connection with the Management Services.
The Term of the Agreement. 4.1 The Term of the Agreement between the Company and the Supplier will be for 36 months (hereinafter: “Term of the Agreement”), commencing on the date that the Company has signed the Agreement. 4.2 The Company will have the option, at its sole discretion, to extend the Term of the Agreement, by written notice, in up to 2 additional periods of up to 12 months each (hereinafter: “The Extension Period”), thus the total contract will not last more than a total of 60 months. It will be clarified that the Company will be entitled at its sole discretion, and without having to give reason for its decision, to extend the Term of the Agreement with only some of the Framework Suppliers while in relation to some the Term of the Agreement will not be extended, and the Supplier waives a priori any claim and/or demand and/or suit in this matter. 4.3 The Company is given the possibility, at his sole discretion, to conclude the Term of the Agreement with a notice to be provided to the Framework Supplier in writing 45 days in advance - at the Company's sole discretion, and this without derogating from any other provisions in this Agreement and/or the Tender documents. 4.4 Subsequent to the Company commissioning the Supplier, in the framework of the Term of the Agreement and according to this Agreement, in the implementation of the Task, the provisions of this Agreement will continue to apply concerning execution of said Task until its completion, including its delivery and inspection period, even if in the interim, the Term of the Agreement and/or Extension Period has concluded as per this Agreement. Upon conclusion of the Term of the Agreement, including the Extension Period, the Company will not be entitled to turn to the Framework Supplier for execution of new Tasks; however, implementation of Tasks conveyed to the Framework Supplier within the Term of the Agreement and/or the Extension Period will conclude pursuant to their determined timetable, and this is also if conclusion of the execution of the same Tasks falls after the Term of the Agreement and/or the Extension Period. Nothing in the above mentioned prejudices the rights of the Company as per this Agreement relative to any Task, including his right to cancelling said contract.
The Term of the Agreement. 4.1 Subject to the terms of this Agreement, the term of the Agreement (the "Term") shall be the duration of the Trial as defined in the Trial Protocol, which shall commence on 4.2 Notwithstanding the aforesaid in sub-section 4.1 above, the Parties may bring this Agreement to an early end at any time, in writing, upon the occurrence of one (or more) of the following events: - 4.2.1 by a written notice to the other Parties thirty (30) days in advance. 4.2.2 if the Ministry of Health has voided, directly or indirectly, its approval of the Trial or has conditioned its approval on conditions, as to which the Fund has notified the Company that it does not intend and/or is unable to comply with these conditions in whole or in part. In such case the Agreement shall be terminated not later than ten (10) days after such notice shall have been received by the Company. 4.2.3 A Party breaches this Agreement and does not cure such breach within thirty (30) days after having received a notice in writing from the other Party demanding a cure of the breach in reasonable detail so that the breaching Party is on notice of the nature of the breach, provided, however, that the Fund may not terminate this Agreement pursuant to a breach and/or breaches thereof, committed by the Principal Investigator. 4.2.4 A Party initiates bankruptcy or liquidation proceedings or a receiver is appointed over a substantial part or all of its assets, and such proceedings are not ceased within a period of ninety (90) days from the time that they have commenced. 4.2.5 An adverse effect occurs to the Participants in the Trial, which, in the absolute discretion of the Fund and/or the Principal Investigator and/or the IRB, jeopardizes the safety of the Participants in the Trial and/or the Trial Personnel, and prior notice thereof is given immediately to the Company by any member of the Trial Personnel and the Principal Investigator within a reasonable time from the discovery of such adverse effect. In such case the Agreement shall be terminated immediately after such notice shall be sent. For the removal of any doubt, it is agreed that the Principal Investigator may not terminate this Agreement under this section. 4.3 For the avoidance of any doubt, the termination of this Agreement, for any reason, other than a material breach of this Agreement by the Fund and/or the Principal Investigator, shall not prejudice the Company's undertaking to pay the Fund for all services and expenditures of the Fund an...
The Term of the Agreement. 16.1 This agreement is valid for one year from its execution.
The Term of the Agreement. The effective date of this Agreement is January 1, 1997 ("THE EFFECTIVE DATE") and unless terminated at an earlier date by OMRIX, in accordance with the provisions of Section 5 below, it will remain in force for a period of 18 years, i.e. until December 31,2014 (hereinafter: "THE TERM")
The Term of the Agreement. ‌ 16.1 This agreement is valid for one year from its execution. 16.2 The agreement’s extension (a) The agreement shall be automatically extended for an additional year on each occasion, unless if circumstances of sub-section (b) below have occurred, or if either party has given the other at least 60 days’ written notice of the agreement’s termination. If the Registrar has met and is still meeting the requirements, terms and conditions set for it in the framework of the proceedings leading to its accreditation by ISOC-IL and subject to compliance with all the financial requirements in clause 10, ISOC-IL shall not bring the agreement to an end (save on reasonable grounds, including ISOC-IL’s policy considerations). (b) The automatic renewal of the agreement is conditioned upon the registrar managing at least 500 domain names which are attributed to the registrar in ISOC-IL’s domain name registries, within two (2) years of the execution of this agreement and 1,000 domain names within three (3) years of the execution of this agreement ("minimal management quota"). Where the registrar failed to meet the minimal management quota, ISOC-IL may decide, at its sole and absolute discretion, not to renew the agreement and to cancel registrar's accreditation. ISOC-IL will send the registrar an in-advance notice of an anticipated failure to meet the minimal management quota and non-renewal of the agreement – no later than 30 days prior to expiry of the agreement. Where such message was sent, and the minimal management quota was not met, the agreement shall terminate. This clause will come into effect – for registrars who are already accredited at the time this clause is amended – only following a 12-month period from the date this clause was amended by ISOC-IL. ISOC-IL may update the minimal management quota from time to time, subject to a prior and written 12 month notice to each of the then accredited registrars. (c) Where the agreement is extended, all the provisions hereof shall also apply to the extended term. (d) ISOC-IL may, as a condition for the agreement’s extension, demand information and documents from the Registrar in connection with its activity pursuant hereto which are needed by ISOC-IL, in its absolute discretion, to examine the Registrar’s compliance with the requirements, terms and conditions set for it by ISOC-IL prior to its accreditation as registrar.
The Term of the Agreement. 4.2 The provisions of the Agreement regarding the provision of investment Management Services to the Funds, as detailed above, will come into effect on the date of transferring management of the Funds to the Fund Manager and when new Funds are established, this Agreement will apply to them as of the date of their establishment and will remain in effect until terminated in the manner specified in section 9 hereunder, or until cancelled in some other way. 4.3 For the avoidance of doubt, and in addition to that stated in section 9 regarding the termination of the Agreement, it is clarified that if the Agreement lapses, the Investment Manager will bear all the costs of the measures that the Fund Manager is required to adopt to prepare the new Funds, including legal consultancy costs etc, and the Investment Manager will have no right and/or right of claim or demand against the Fund Manager.
The Term of the Agreement. 9.1. This Agreement shall remain in full force and effect for a period of ten (10) years following the Effective Date, unless earlier terminated in accordance with this Agreement (“Initial Term”). Thereafter, the Initial Term of the Agreement may be extended for additional two (2) periods of up to five (5) years each (each, a “Renewal Period”), upon the Company's written notice, which shall be provided to the Supplier at least thirty (30) days prior to the applicable termination date (the Initial Term and any Renewal Period, hereinafter together the: “Term”).
The Term of the Agreement. 12.1. This agreement shall come into force on the date of its signature by both contractual parties, it shall come into effect on the date of its publication in the register of contract and shall be in force for a period of five years commencing on the date this agreement is signed. 12.2. This agreement shall be automatically renewed for an additional period of five years: "the "Extended Term of the Agreement", unless one party shall give the other a written notice, at least 90 (ninety) days before the end of the First Term of the Agreement regarding its wish to not continue the agreement. 12.3. For the sake of avoiding doubt, the provisions of this agreement shall apply during the entire First Term of the Agreement and during the Extended Term of the Agreement, to the extent it was extended, respectively.