Running With the Land; Expiration Sample Clauses

Running With the Land; Expiration. The terms and conditions of this Agreement shall run with title to the Subject Property and inure to the benefit of SLH, its successors, successors in title, assigns, and the like; provided, however, that, (a) the Parties agree that the BOC’s approval of this Agreement shall be deemed (among other things) the equivalent of the grant of a zoning or zoning condition amendment, as those terms are employed within Section 8-3.4(F) of UDC; and (b) therefore, in accordance with that provision of the UDC, if within eighteen (18) months after the Effective Date hereof, land disturbance on the Subject Property in accordance with the Construction Plans has not commenced, this Agreement shall terminate and be of no further force and effect.
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Related to Running With the Land; Expiration

  • Term and Expiration This Agreement shall be effective as of the Effective Date and unless terminated earlier pursuant to Section 9.2 or 9.3, this Agreement shall continue in effect until expiration of all royalty obligations hereunder. Upon expiration of all royalty obligations under this Agreement, such licenses to Merck pursuant to Sections 3.1(a), 3.1(b) and 3.2 as were in effect immediately prior to such expiration shall become fully paid-up, perpetual licenses. *** Confidential Treatment Requested

  • Commencement and Expiry (a) This Agreement will commence seven days after approval by the Fair Work Commission and will nominally expire on 30 June 2020.

  • Termination and Expiration 17.1 This Agreement shall become effective upon the Effective Date.

  • Expiration No Person shall have any rights whatsoever pursuant to this Agreement or in respect of any Right after the Expiration Time, except the Rights Agent as specified in Subsection 4.1(a) of this Agreement.

  • COMMENCEMENT/EXPIRATION DATE This instrument is executed as of the date of last signature and is effective for five years from that date, at which time it will expire unless extended.

  • Duration and Expiry 1. This Agreement shall remain effective for a period of ten (10) years from the date of the notification under Article 13 and shall remain in force for a further period of five (5) years thereafter, save if one of the two Contracting Parties withdraws in writing by not later than one year before its expiry date.

  • Expiration Date Each Letter of Credit shall expire at or prior to the close of business on the earlier of (i) the date one year after the date of the issuance of such Letter of Credit (or, in the case of any renewal or extension thereof, one year after such renewal or extension) and (ii) the date that is five Business Days prior to the Maturity Date.

  • Withdrawal and Expiration 1. Each Party may withdraw from this Agreement by means of a written notification to the Depositary. The withdrawal shall take effect six months after the date on which the notification is received by the Depositary.

  • EXPIRATION DATE AND EXTENSION This Contract expires January 31, 2023, unless it is terminated sooner pursuant to Article XX of the General Terms and Conditions, which are incorporated into this Contract by reference. This Contract may be extended up to three additional one-year periods upon request of Sourcewell and with written agreement by the Contractor, not to exceed a total of four years.

  • Stipulated Penalties for Failure to Comply with Certain Obligations As a contractual remedy, Xxxxxx and OIG hereby agree that failure to comply with certain obligations as set forth in this CIA may lead to the imposition of the following monetary penalties (hereinafter referred to as “Stipulated Penalties”) in accordance with the following provisions.

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