Common use of Expiry and Termination Clause in Contracts

Expiry and Termination. After the expiry of the Agreement term or once the total value has been reached, no more new Assignment Orders can be concluded. The Agreement terminates once all of the existing Assignment Orders are fully completed by the Contractor and approved by the Principal and the Parties have fulfilled their contractual obligations arising out of this Agreement.

Expiry and Termination. After the expiry of the Agreement term or once the total value has been reached, no more new Assignment Orders can be concluded. The Agreement terminates once all of the existing Assignment Orders are fully completed by the Contractor AsBo and approved by the Principal and the Parties have fulfilled their contractual obligations arising out of this Agreement.

Expiry and Termination. After the expiry of the Agreement term or once the total value has been reached, no more new Assignment Orders can be concluded. The Agreement Agreme ent terminates once all of the existing Assignment Orders are fully completed by the Contractor and approved by the Principal and therespective Principaland the Parties have fulfilled their contractual obligations arising out of this Agreement.