TERM AND TERMINATION OF CONTRACT. 30.1 The term of this Contract shall be for the period of the License and any Lease granted thereunder, unless the Contract is terminated earlier in accordance with its terms, and shall be deemed to have been terminated, if for any reason, the Contractor ceases to hold such License or Lease.
TERM AND TERMINATION OF CONTRACT. 1. The XXXX concluded by acceptance hereof may be terminated by mutual agreement of the Parties or by ordinary termination by either Party. The notice period shall be 15 days.
TERM AND TERMINATION OF CONTRACT. A. See Attachment "A" for term details.
TERM AND TERMINATION OF CONTRACT. This Contract is effective July 1, 2020 and shall remain in effect through June 30, 2021. The Contract may be amended by mutual written consent of the parties and may be terminated by any party upon thirty (30) days advanced written notification. This Contract supersedes all previous contracts for services related to storm water disclosure monitoring by the parties.
TERM AND TERMINATION OF CONTRACT. 15.1 The Contract shall begin on the Commencement Date and thereafter, unless terminated earlier in accordance with this clause 15, shall continue until completion of the Services or expiry of the subscription period described in the Order, such subscription period shall be automatically renewed for another subscription period of twelve months unless terminated in accordance with sub-clause 15.4
TERM AND TERMINATION OF CONTRACT. This Agreement is effective as of January 1, 2021 (“Effective Date”) and will continue through June 30, 2026 (the “Initial Term”). Following the Initial Term, FCPS shall have the option to renew for one (1) additional five (5) year period (a “Renewal Term”). The Initial Term and any Renewal Term will be referred to herein as the “Term.” If FCPS elects to terminate the Agreement at any time before the end of the Initial Term, FCPS is obligated to pay a fee (“Early Termination Fee”) to PlayOn in the amount of two thousand-five hundred dollars ($2,500) per Pixellot system removed as a consequence of such termination. For the sake of clarity, the total amount due to PlayOn would be calculated by multiplying the number of Pixellot Systems that are to be terminated by two thousand-five hundred dollars. FCPS acknowledges that the Pixellot systems are being provided to FCPS at a subsidized price in consideration of the licenses granted by FCPS and the revenue that PlayOn expects to receive from such licenses over the course of the Term. FCPS agrees that the Early Termination Fee is a reasonable estimate of the costs that PlayOn would incur from such early termination. FCPS has the right to terminate this Agreement for any or no cause after the end of the Initial Term by giving written notice of termination to PlayOn a minimum of thirty (30) days before the effective date of the termination. No additional fee will be due if the term is extended for any length of time beyond the Initial Term or if FCPS chooses to terminate the Agreement after the Initial Term. PlayOn may terminate this Agreement and remove the Pixellot systems immediately, if FCPS has breached any provision of this Agreement and failed to cure such breach within 60 days following receipt of PlayOn’s notice of the breach; provided that FCPS will take down all equipment and package it appropriately in PlayOn-provided shipping containers. In the event that PlayOn breaches any provision of this agreement and fails to cure within 60 days, FCPS has the right to terminate the Agreement and PlayOn will remove the Pixellot systems at its own expense.
TERM AND TERMINATION OF CONTRACT. The Contractor will provide the Services commencing on [X] and end on [X] (the “Term”). Notwithstanding Section 4.1 above, the Term may not exceed [X] year(s) from and expires on the first anniversary of the date first written above. Either Party hereto may elect to terminate this Contract for Services for any reason and at any time prior to the conclusion of the Term, without further liability or obligation to the other Party, upon giving thirty (30) days’ advance written notice to the other Party of its intention to do so. In such case, the University will pay the Contractor for Services rendered and invoiced up to and including the effective date of termination. This Contract for Services may also be terminated by either Party, without notice and without further liability to the other Party, in the event that the other Party is in material breach of any term and/or condition of this Contract for Services, after the breaching Party has received written notice of said breach from the other Party, and the breaching Party has failed to remedy the breach, if remediable, within seven (7) calendar days of its receipt of such notice. The right to terminate this Contract for Services in such circumstances does not in any way restrict or limit the terminating Party’s recourse to legal and/or equitable remedies available to it pursuant to statute, common law or otherwise, for damages incurred by it as a result of the said breach. In the event of termination by the University pursuant to this section 4.4, the University shall pay the Contractor for such Services as have been rendered and invoiced by the Contractor, which are not the subject of dispute, to and including the effective date of termination.
TERM AND TERMINATION OF CONTRACT. 1. This Contract is valid for year from the date of commencement and will be automatically renewable for equal periods on mutually agreed revised terms unless either party terminates the same by giving one month’s notice in writing before the end of the Contract period or payment in lieu of the notice period. However, either party may terminate this contract without any cause or penalty for convenience by giving prior notice in writing of one month to the other party.
TERM AND TERMINATION OF CONTRACT. This agreement shall begin on September 6, 2014 and shall terminate on September 5, 2016. The parties may agree to a renewal period of one (1) year upon the same terms and conditions. .
TERM AND TERMINATION OF CONTRACT. 7.1. The term of this contract is from , 2009, to , 2012; provided, however, the City may terminate this contract at any time by providing Bond Counsel written notice of such termination at least fifteen (15) days prior to the effective date of such termination. Furthermore, Bond Counsel may terminate this contract for the reasons provided by judicial and professional rules.
