Renewal of contract definition

Renewal of contract. In accordance with Section 422.506, the contxxxx xx xxnewable annually only if-
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Renewal of contract. In accordance with Section 422.505, followinx xxx xxxxial contract period, this contract is renewable annually only if-
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Renewal of contract means the extension of the term of the contract beyond the current contract end date.
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Examples of Renewal of contract in a sentence

  • Renewal of contract is done every two years based on performance appraisal.

  • This guide recommends retrofit strategies to help achieve energy efficiency at a low first-cost, while reducing maintenance and other life-cycle costs.

  • Renewal of contract may be considered at the sole discretion of Society/Trust and subject to satisfactory performance.

  • Renewal of contract will be subject to the service need of the Department and the performance of the candidate.

  • Renewal of contract for optional years will be determined annually and shall be contingent upon successful completion of the services in the preceding year’s contract, availability of funding and a performance-based evaluation.

  • Renewal of contract will be in accordance with Local Government Code 271.903 concerning non-appropriation of funds for multi-year contracts.

  • Renewal of contract may be done after two years based on performance appraisal.

  • Renewal of contract will be in accordance with Local Government Code 271.903 concerning non- appropriation of funds for multi-year contracts.

  • Renewal of contract shall be made on the same terms & conditions on which the initial agreement has been entered into.

  • Renewal of contract will be subject to the service need of the Department, satisfactory performance of the candidate and successful renewal of the limited registration with the Medical Council of Hong Kong.


More Definitions of Renewal of contract

Renewal of contract means the determination by the Commissioner at the end of a contract term to authorize the continuation of the renaissance school project contract for an additional five-year period.
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Renewal of contract. Not less than two months before the expiration of the Agreement term, the City/District will review the CONCESSIONAIRE’s performance and determine if the term should be extended. The criteria used for extension of the Agreement will include but not be limited to quality of service, maintenance of concession site, rates, charges, customer and public input, and safety procedures. Lagoon Inspection and Maintenance: City/District reserves the right of entry upon the premises at all reasonable times for inspection purposes and to do any and all work of any nature necessary for maintenance and operation of the lagoon. CONCESSIONAIRE shall be given reasonable notice when any such work may become necessary and will adjust concession operations in such a manner that City/District may proceed expeditiously. City/District shall coordinate with CONCESSIONAIRE in an attempt to cause a minimum of interference with CONCESSIONAIRE’s activities.
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Renewal of contract. The contract may be renewed at the discretion of the CCustomer upon written notice to Contractor at least 14 days prior to each contract anniversary date for a period of however much successive periods under the same or similar prices, terms, and conditions as in the original contract and/or subsequent contracts. The total number of renewal years permitted shall be infinite if no action is taken by the CCustomer the contract will automatically be renewed under the same/similar prices, terms, and conditions as in the original contract and/or subsequent contract at the discretion of the Contractor. Recovery of money. Whenever, under the contract, any sum of money incorrectly given to contractor, shall be recoverable from or payable by Contractor to the CCustomer and vice versa, the same amount may be deducted from any sum due to Contractor or CCustomer under the contract or under any other contract between Contractor and the CCustomer. The rights of the CCustomer and Contractor are in addition and without prejudice to any other right the CCustomer and Contractor may have to claim the amount of any loss or damage suffered by the CCustomer or Contractor on account of the acts or omissions of Contractor. Right to audit. Contractor and CCustomer shall maintain such financial records and other records as may be prescribed by the CCustomer or by applicable federal and state laws, rules, and regulations. Contractor shall retain these records for a period of three years after final payment, or until they are audited by the CCustomer, whichever event occurs first. These records shall be made available during the term of the contract and the subsequent three-year period for examination, transcription, and audit by the State, its designees, or other authorized bodies. Right to inspect documents. The CCustomer may, at reasonable times, inspect the documents of business of a Contractor or any subcontractor which is related to the performance of any contract awarded by the CCustomer. Safety, Consultant agrees to comply with all federal, provincial and territorial occupational health and safety laws, regulations and standards, and all involved parties safety rules of which Consultant will be given notice, regarding the performance of Services under this Agreement. Parties are responsible for immediately reporting accidents, injuries, and unsafe equipment, practices or conditions related to Consultant’s performance of work for Consultee to the Authorized Representatives. Co...
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Related to Renewal of contract

  • Renewal Option has the meaning set forth in §12.1.

  • Repudiation/Moratorium Extension Notice means a notice from the Calculation Agent to the Issuer (which the Calculation Agent has the right but not the obligation to deliver) that describes a Potential Repudiation/Moratorium that occurred on or prior to the Scheduled Maturity Date. A Repudiation/Moratorium Extension Notice must contain a description in reasonable detail of the facts relevant to the determination that a Potential Repudiation/Moratorium has occurred and indicate the date of the occurrence. The Potential Repudiation/Moratorium that is the subject of the Repudiation/Moratorium Extension Notice need not be continuing on the date the Repudiation/Moratorium Extension Notice is effective.

  • Non-Disturbance Agreement shall have the meaning set forth in Section 8.8.9.

  • Renewal Notice As defined in Section 1.4(a).

  • Non-Renewal Notice shall have the meaning set forth in Section 2.

  • Contract Modification means any changes in the terms or provisions of the Contract which are reduced to writing and fully executed by both parties.

  • Extension Agreement shall have the meaning provided in Section 2.15(c).

  • Non-Renewal shall have the meaning set forth in Paragraph 2(b) hereof.

  • framework contract means a payment service contract which governs the future execution of individual and successive payment transactions and which may contain the obligation and conditions for setting up a payment account;

  • Major Contract means (i) any management agreement relating to the Properties or the Loan Parties, (ii) any agreement between any Loan Party and any Affiliate of any Relevant Party and (iii) any brokerage, leasing, cleaning, maintenance, service or other contract or agreement of any kind (other than Leases) relating to the Properties, in each case involving payment or expense of more than One Million and No/100 Dollars ($1,000,000) during any twelve (12) month period, unless cancelable on thirty (30) days or less notice without requiring payment of termination fees or payments of any kind.

  • Framework Agreement means the Clauses of this Framework Agreement together with the Framework Schedules and annexes to it;

  • Extension Option shall have the meaning set forth in Section 2.5(c) hereof.

  • SCM Agreement means the Agreement on Subsidies and Countervailing Measures, contained in Annex 1A to the WTO Agreement;

  • Concession Agreement means the Concession Agreement referred to in Recital (A) above and annexed hereto as Annex-A, and shall include all of its Recitals and Schedules and any amendments made thereto in accordance with the provisions contained in this behalf therein;

  • Consortium Agreement means this consortium agreement as well as the pre-amble and all annexes hereto;

  • Basic Terms Modification means any proposal:

  • Construction Service Agreement means either an Interconnection Construction Service Agreement or an Upgrade Construction Service Agreement.

  • Auto-Renewal Letter of Credit has the meaning specified in Section 2.03(b)(iii).

  • Renewal means the terms on which the contract of insurance can be renewed on mutual consent with a provision of grace period for treating the renewal continuous for the purpose of gaining credit for pre-existing diseases, time-bound exclusions and for all waiting periods.

  • Mutual aid agreement means an agreement between the City and a town or other city for the City’s fire department to provide assistance to the fire department of a town or other city.

  • Project Document means any one of the foregoing;

  • Option to Extend has the meaning given that term in Section 2.13.

  • Second Extension Option shall have the meaning set forth in Section 2.6.1 hereof.

  • Public work contract means a contract for constructing, altering, or repairing a public building or carrying out or completing any pub- lic work. Gov’t Code 2253.001(4)

  • Material Agreement means any material contract, commitment, agreement (written or oral), instrument, lease or other document, license agreement and agreements relating to intellectual property, to which the Corporation or any Subsidiary are a party or to which any of their property or assets are otherwise bound;

  • Estoppel Letter A document executed by the Cooperative Corporation certifying, with respect to a Cooperative Unit, (i) the appurtenant Proprietary Lease will be in full force and effect as of the date of issuance thereof, (ii) the related stock certificate was registered in the Mortgagor's name and the Cooperative Corporation has not been notified of any lien upon, pledge of, levy of execution on or disposition of such stock certificate, and (iii) the Mortgagor is not in default under the appurtenant Proprietary Lease and all charges due the Cooperative Corporation have been paid.