Term and Termination Provisions. A. Section 3 of the Agreement is hereby deleted and replaced with the following: "This Agreement is effective on the date provided above (hereafter the "Effective Date") and will continue thereafter, provided that -------- ---- commencing 6 months after the Effective Date either party may terminate this Agreement at any time on not less than one hundred and eighty (180) days notice. Unless otherwise provided herein, Sections 8, 9, 15, 17, 18, 21, 29 and 30 of this Agreement will continue thereafter in full force and effect and survive any termination or expiration of this Agreement."
Term and Termination Provisions. 5.01 This Agreement shall continue in full force for an initial term (“Initial Term”) commencing on the Effective Date and ending on July 31, 2006 unless terminated in accordance with Section 5.02.
Term and Termination Provisions. 11.1 The term of this Agreement is as of the Effective Date and shall continue for a period of three (3) years and shall renew automatically for additional one (1) year terms unless either party provides at least ninety (90) days notice of non-renewal prior to the end of the then-current term. If either party shall fail to deliver any payments when due without cause or intervention of force, this Agreement may be terminated immediately, or if either party shall default in the performance of any obligations other than payment obligations under this Agreement and shall fail or refuse to remedy such default within thirty (30) days after written notice of the alleged default, either party may terminate this Agreement upon twenty-four (24) hours written notice; provided further that if either party shall cease doing business, or become insolvent or become a party to any bankruptcy or receivership proceedings, or make an assignment for the benefit of creditors, then this Agreement shall terminate immediately. If, after the Effective Date of this Agreement, any law, regulation, or ordinance, whether federal, state, or local, becomes effective which substantially alters the ability of either party to perform hereunder, the applicable party shall have the right to terminate this Agreement upon thirty (30) days written notice to the other party.
Term and Termination Provisions. This Agreement shall be in effect only after it is executed by both Parties. The Agreement will remain in effect until December 31, 2022, or until this Agreement is terminated in accordance with the requirements of this Section 4 and both Parties agree to terminate, whichever is sooner.
Term and Termination Provisions. 11.1 The term of this Agreement shall begin as of the Effective Date and shall continue for a period of three (3) years and shall renew automatically for additional one (1) year terms unless either party provides at least ninety (90) days written notice of non- renewal prior to the end of the then-current term. If either party shall default in the performance of any obligations under this Agreement and shall fail or refuse to remedy such default within thirty (30) days after written notice of the default, the other party may terminate this Agreement upon twenty-four (24) hours written notice. If either party shall cease doing business, or become insolvent or become a party to any bankruptcy or receivership proceedings, or make an assignment for the benefit of creditors, then the other party may terminate this Agreement immediately. If at any time Fiserv suspects or discovers that Client (i) is not complying with applicable laws, rules, or regulations, (ii) is involved in any fraudulent or illegal activity, (iii) no longer meets Fiserv’s (or its processors’ or routing banks’) client profile requirements or (iv) otherwise poses risk to Fiserv, Fiserv shall in its sole discretion have the right to terminate the Agreement at any time. Additionally, if Client is in breach of any of its contractual obligations to Fiserv under this Agreement, Fiserv reserves the right to suspend the Service at any time. Additionally, Fiserv may at its sole discretion discontinue the Same-Day Payments Service to Client at any time. If, after the Effective Date of this Agreement, any law, regulation, or ordinance, whether federal, state, or local, becomes effective which substantially alters Fiserv’s ability to perform hereunder, Fiserv shall have the right to terminate this Agreement upon written notice to Client. Either party may terminate this Agreement, without penalty or fee, upon the provision of at least thirty (30) days prior notice to the other party.
Term and Termination Provisions. 4.1 The term of this License will commence on the Effective Date and continue in effect for one year, unless sooner terminated in accordance with the terms hereof (the “Term”).
Term and Termination Provisions. (a) This Agreement shall continue for an initial period of five years from the date hereof, unless otherwise terminated as provided herein, provided that (i) the Employment Period shall terminate prior to such date upon Executive's resignation, death or permanent disability or incapacity (as determined by the Board in its good faith judgment) and (ii) the Employment Period may be terminated by the Company at any time prior to such date For or Without Cause Cause (both as defined below). Commencing 90 days prior to the second anniversary of this Agreement (and thereafter commencing on each date which is 39 months prior to the end of the then term) the Company and Executive will negotiate in good faith for the renewal of this Agreement for an additional term, with the intent that this Agreement shall at all times have a remaining term of at least 36 months. In the event (a) the Company elects not to renew this Agreement or (b) the parties have failed to enter into a renewal agreement by 36 months prior to the end of the then term or extend the negotiation period, or (c) the parties have failed to enter into a renewal agreement by the end of the extended negotiation period, then the Company shall be deemed to have terminated this Agreement Without Cause.
Term and Termination Provisions. 10.1 The term of this Agreement is as of the Effective Date and shall continue for a period of three (3) years and shall renew automatically for additional one (1) year terms unless either party provides at least ninety (90) days notice of non-renewal prior to the end of the then- current term. If either party shall fail to deliver any payments when due without cause or intervention of force, this Agreement may be terminated immediately, or if either party shall default in the performance of any obligations other than payment obligations under this Agreement and shall fail or refuse to remedy such default within thirty (30) days after written notice of the alleged default, either party may terminate this Agreement upon twenty-four (24) hours written notice; provided further that if either party shall cease doing business, or become insolvent or become a party to any bankruptcy or receivership proceedings, or make an assignment for the benefit of creditors, then this Agreement shall terminate immediately. If at any time Fiserv suspects or discovers that Client is involved in any fraudulent or illegal activity, or otherwise poses risk to Fiserv, Fiserv shall in its sole discretion have the right to terminate the Agreement at any time. If, after the Effective Date of this Agreement, any law, regulation, or ordinance, whether federal, state, or local, becomes effective which substantially alters the ability of either party to perform hereunder, the applicable party shall have the right to terminate this Agreement upon thirty (30) days written notice to the other party.
Term and Termination Provisions. This Contract is for an initial term of 30 days. At the end of the initial term, this Contract shall automatically renew on a month-to-month basis unless either party gives the other thirty (30) days advanced written notice of intent to terminate. This Contract may be unilaterally terminated without cause at any time by either party giving the other party at least thirty (30) calendar days written notice of such termination. Either party may terminate this Contract immediately with cause upon default or some other material breach.
Term and Termination Provisions. 2.1 This Agreement will begin on the Effective Date and will continue through the termination of this Agreement by either party, in accordance with this Section 2 of the Agreement. Before the start of the First Term, Contractor will undergo a background check in accordance to the specific requirements of Client.
