Schedule Term. For purposes of this Schedule I, the “Schedule Term” shall mean the period from the Second Amendment Effective Date through March 31, 2016, subject to earlier termination in accordance with this Agreement. Notwithstanding the foregoing, upon a Change in Control (as defined below), the Schedule Term shall automatically be renewed so that the Schedule Term is not less than two years from the effective date of such Change in Control.
Schedule Term. The term of this Schedule (the “Schedule Term”) shall begin on the Schedule Effective Date and shall continue for a period of ten (10) years after the last Live Date with respect to the Schedules under the Master Services Agreement for the U.S., U.K. or Canada (for clarity, the Schedule Term of the Schedules under the Master Services Agreement for the U.S., U.K. and Canada shall be coterminous with each other); provided, however, that this Schedule’s effective date is subject to its review and approval by the applicable regulatory agency as described in Section I.A. The “Live Date” for a Service is defined as the first date upon which Ridge Local Affiliate processes trades utilizing the applicable Service on behalf of Client Correspondents in accordance with the provisions and requirements of this Schedule and the Master Services Agreement (excluding any beta testing or similar testing of the system). The Schedule Term shall automatically extend following its scheduled expiration date unless (1) either party gives notice of termination at least one hundred eighty (180) days prior to the scheduled expiration date, in which case the Schedule Term shall expire on the scheduled expiration date or (2) either party gives notice of termination at any time after the date that is one hundred eighty (180) days prior to the scheduled expiration date of the Schedule Term (including any time beyond the scheduled expiration date), in which case the Schedule Term shall expire on the date specified in such notice of termination, which date must be at least one hundred eighty (180) days after the date of such notice.
Schedule Term. The term of this Schedule (“Schedule Term”) begins on the Schedule Effective Date, and unless earlier terminated, continues for the Initial Schedule Term. This Schedule will automatically renew for successive one month terms (“Schedule Renewal Term”) unless terminated by either party with 30-day written notice.
Schedule Term. The “Term” of this Schedule One will be deemed to have commenced on the Schedule One Effective Date and will continue, subject to Section 6 of the Master Agreement, for a period of ** from the Schedule One Effective Date, provided that the obligations in Section 7.3 (and any remedies for failure to do so under ** and this Schedule One) shall continue in effect after any termination of this Agreement ** Omitted pursuant to a confidential treatment request. The confidential portion has been filed separately with the SEC. (except for any termination under Section 6.3 of the Master Agreement) until the **, from the Schedule One Effective Date, has expired. Renewal of this Schedule One is as set forth in Section 9.
Schedule Term. This Schedule commences on the Commencement Date and expires on the date when an access undertaking accepted by the ACCC under Division 6 of Part IIIA of the TPA covering the Network comes into effect.
Schedule Term. Each Schedule shall become binding when duly executed by both parties and shall continue for the Term, as such may be extended or terminated in accordance with this Agreement. Notice of termination of any Schedule shall not be considered notice of termination of this Agreement.
Schedule Term. The term of this Schedule (the “Schedule Term”) shall begin on the Schedule Effective Date and shall continue for a period of ten (10) years after the last Live Date with respect to the Schedules under the Master Services Agreement for the U.S., U.K. or Canada (for clarity, the Schedule Term of the Schedules under the Master Services Agreement for the U.S., U.K. and Canada shall be coterminous with each other); provided, however, that this Schedule’s effective date is subject to its review and approval by the applicable regulatory agency as described in Section I.A. The “First Billable Date” for the Services shall mean: (i) for the Services provided in connection with the Acquired Correspondents, the later of the Approval Date and the Closing Date (as such term is defined in the Asset Purchase Agreement); and (ii) for the Services provided in connection with the Client Correspondents, the Live Date. The “Live Date” is defined as the first date upon which Ridge Local Affiliate processes trades on behalf of Client Correspondents in accordance with the provisions and requirements of this Schedule and the Master Services Agreement (excluding any beta testing or similar testing of the system). The Schedule Term shall automatically extend following its scheduled expiration date unless (1) either party gives notice of termination at least one hundred eighty (180) days prior to the scheduled expiration date, in which case the Schedule Term shall expire on the scheduled expiration date or (2) either party gives notice of termination at any time after the date that is one hundred eighty (180) days prior to the scheduled expiration date of the Schedule Term (including any time beyond the scheduled expiration date), in which case the Schedule Term shall expire on the date specified in such notice of termination, which date must be at least one hundred eighty (180) days after the date of such notice.
Schedule Term. The term for each Schedule shall be detailed in the applicable Schedule (“Schedule Term”). In the event the term is not detailed in a Schedule, such Schedule Term shall commence as of the Schedule Effective Date and continue for a period of one (1) year. Thereafter, the term of an applicable Schedule shall renew for subsequent one (1) year terms, unless either Party gives notice to the other at least ninety (90) days before the end of the present Schedule Term of its intent not to renew, or otherwise terminates the Schedule in accordance with Section 5.2.
Schedule Term. Each Schedule will specify the Initial Subscription Term. If none is specified, the Initial Subscription Term will be for a period of twelve months from the Schedule Effective Date. Upon expiration of the Initial Subscription Term of a Schedule, the Schedule will automatically renew continuously for successive Extension Subscription Terms unless one party elects to terminate the Schedule by giving the other party at least 90 days’ written notice prior to the end of the Initial Subscription Term or any Extension Subscription Term.
Schedule Term. The initial term applicable to each Schedule means the period which commences on the Schedule Effective Date specified in the relevant Schedule and continues for the initial term specified in that Schedule (each, an “Initial Schedule Term”) and, if none is specified, the Initial Schedule Term will be for a period of twelve months from the Schedule Effective Date. Upon expiration of the Initial Schedule Term, the Schedule will extend for successive twelve month periods (each of which is referred to as an “Extension Schedule Term” and, together with the Initial Schedule Term, is referred to as the “Schedule Term”) unless one party elects to terminate the Schedule by giving the other party at least 90 days’ written notice prior to the end of the Initial Schedule Term or any Renewal Schedule Term.
