Term, Termination and Renewal. The initial term of this Agreement shall be defined in the Scope of Service or Payment Schedule above. If the services provided are for an annual rate and extend for multiple years, PROFESSIONAL will prorate the first year of the agreement to match the fiscal year for the CLIENT, followed by consecutive, 12-month periods. This Agreement shall automatically renew for successive terms which consist of a twelve (12) month period, subject to earlier termination as set forth in this Agreement or upon written notification by either party thirty (30) days prior to the end of a term. If, for any reason, this Agreement is terminated prior to the end of a term, any waived or discounted fees or specified promotional items provided by PROFESSIONAL shall be invoiced by PROFESSIONAL and paid by CLIENT.
Term, Termination and Renewal. Both Bell and Owner acknowledge and agree that the term of this Agreement is effective as of the date last signed by both parties below and shall continue to run for a period of ten (10) years from the date hereof (the "Term"), Unless a Party provides the other hereto with written notice of its intention not to renew this Agreement at least one hundred and eight (180) days prior to the expiration of the Term or Renewal Term (as defined below), as the case may be, this Agreement shall automatically renew for successive one (1) year renewal terms (the "Renewal Term") on the terms and conditions herein. Either Party may terminate this Agreement: i) for a material breach hereof, where such breach is not cured within thirty (30) days of receipt of written notice by the other party of such breach, or ii) immediately, in the event of bankruptcy, reorganization, assignment, petition or appointment of a trustee or such other act of insolvency of the other party, Upon expiry or earlier termination of this Agreement, Bell shall be allowed thirty (30) days to remove the Equipment.
Term, Termination and Renewal a) The term of this Agreement will begin on the Effective Date and continue for a period of five (5) years unless terminated earlier in accordance with the provisions of this Agreement. This Agreement will automatically renew if:
Term, Termination and Renewal. The Term of this Agreement shall begin as of the later of the Effective Date or the date of the School's/District's signature set forth below (“Term Commencement Date”) and continue through June 30th of the calendar year following the third anniversary of the Term Commencement Date. Unless any party terminates this Agreement pursuant to this Section 10, this Agreement shall automatically renew for successive one (1) year periods beginning each July 1st thereafter. Any party may terminate this Agreement with or without cause upon written notice to the other parties, provided that any such termination shall only be effective after the end of the school year during which the written notice of termination is issued. For the avoidance of doubt, other than where the School/District removes a Candidate pursuant to Section 2(b) above, the School/District shall permit current Candidates to complete the current school year at the time of any such termination.
Term, Termination and Renewal. 2.1 This Agreement shall commence on the Effective Date and shall continue until the completion of the Initial Term, unless extended in writing by both parties (the Term).
Term, Termination and Renewal. This Agreement shall be effective as of the effective date and shall remain in effect for one (1) year from the installation date (the “Initial Term”), or as described on the service order form unless earlier terminated as otherwise provided in this Agreement. This Agreement shall be automatically be renewed for additional one (1) year terms (each, a “Renewal Term”) unless a party provides the other party with a written notice of termination at least sixty (60) days prior to the expiration of the initial term or the then-current renewal term. Either party may terminate this Agreement if a bankruptcy proceeding is instituted against the other party which is not dismissed within ninety (90) days, or results in an adjudication of bankruptcy, or the other party materially breaches any of its representations, warranties or obligations under this Agreement, and such breach is not cured within fourteen (14) days of receipt of notice specifying the breach. Upon any termination of this Agreement, Client shall pay all unpaid and outstanding fees through the effective date of termination of this Agreement, provided that, if Client terminates the Agreement in a manner other than that which is described in this paragraph, Client shall also pay to L365 an amount equal to all unpaid charges for the remainder of the then current initial or renewal term of this Agreement. The obligations of the parties under this Agreement that by their nature would continue beyond expiration, termination or cancellation of this Agreement including, without limitation, Articles 6, 7, 8, 9, 12 and 13, shall survive any such expiration, termination or cancellation.
Term, Termination and Renewal. The term of this Agreement is July 1, 2022, to June 30, 2026, and from year to year thereafter unless either the Union or the Associations give written notice received by the others not less than sixty (60) days prior to June 30, 2026, or sixty (60) days prior to June 30 of any subsequent year, of a desire to change, amend, modify, or terminate the Agreement. The parties may agree to extend this Agreement at any time by written mutual agreement.
Term, Termination and Renewal. The initial term of this Agreement shall be defined in the Scope of Services or Payment Schedule above. If the services provided are for an annual rate and extend for multiple years, PROFESSIONAL will prorate the first year of the agreement to match the fiscal year for the CLIENT, followed by consecutive, twelve (12) month periods. This Agreement shall automatically renew for successive terms which consist of a twelve (12) month period, subject to earlier termination as set forth in this Agreement or upon written notification by either party thirty (30) days prior to the end of a term. If, for any reason, this Agreement is terminated prior to the end of a term, any waived or discounted fees or specified promotional items provided by PROFESSIONAL shall be invoiced by PROFESSIONAL and paid by CLIENT. PROFESSIONAL reserves the right to update the pricing applicable to this Agreement after the initial term for any renewal terms and/or any subsequent terms occurring after the initial term of the Agreement; PROFESSIONAL shall provide prior written notice to CLIENT of any pricing adjustments applicable to any such renewal and/or subsequent terms.
Term, Termination and Renewal. 10.1 The initial term of this Agreement shall commence upon the University’s timely receipt of the signed membership agreement and Membership Fee specified in Exhibit 1. Thereafter, this Agreement shall renew automatically upon payment of the Annual Membership Fee for successive one-year terms commencing on the membership cycle of the selected consortium defined in Exhibit 3.
Term, Termination and Renewal. A. The initial term of this Agreement is three (3) years commencing on the Effective Date. This agreement may be renewed for successive terms if mutually agreed to by the parties in accordance with subparagraph F. This is an exclusive agreement, which may not be cancelled or terminated prior to the end of the initial term except in accordance with the terms and conditions of this Paragraph 10.
