Agreement Termination—10 Years Sample Clauses

Agreement Termination—10 Years. In the event that the Developer shall have acquired title to 5.00 buildable acres or more (exclusive of detention areas or areas to be improved with public roadways) of the Village Property within the first 18 months after the date of this Agreement or within any extension of such 18 month term requested by Developer and approved by the corporate authorities of the Village, the term of this Agreement shall be extended to that date which is 10 years from the date of this Agreement, and Developer shall thereafter have the right to acquire further portions of the Village Property in accordance with this Section 3.D. for the remaining term of this Agreement. This Agreement shall then terminate as of such date, except for such provisions of this Agreement as are expressly stated to survive such termination. At least 60 days prior to the expiration of the term of this Agreement as extended under this Section 3.D.4., Developer may elect on notice to the Village to acquire all or any portion of the Village Property then owned by Village (exclusive of the PEMA Facility Site, Persons Parkway or any portion of the Village Property improved with the PACE Park and Ride Facility or Depot Drive improvements), and the Village shall thereafter convey the same to the Developer pursuant to this Section 3.D., or alternatively may elect on notice to the Village to forgo the acquisition of any further portion of the Village Property. In the event that Developer shall not provide the Village with notice of either of such elections as of the expiration of the term of this Agreement as extended under this Section 3.D.4., Developer shall be deemed to have waived its rights to acquire any further portion of the Village Property pursuant to this Agreement, and this Agreement shall terminate, except for such provisions thereof as are expressly stated to survive any termination of this Agreement. Notwithstanding any contrary provision of this Agreement, under no circumstances shall the Village have any obligation under this Agreement to convey to Developer the PEMA Facility Site, any portion of the Village Property improved with Persons Parkway (the Water Treatment Plant Access Road), any portion of the Village Property improved with or contemplated to be improved with the PACE Park and Ride Facility as depicted on the Village Property Concept Plan (including the offsite drainage swale serving the PACE Park and Ride Facility), or any portion of the Depot Drive right of way or improveme...
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Related to Agreement Termination—10 Years

  • Agreement Termination In the event Contractor is unable to fulfill its responsibilities under this Agreement for any reason whatsoever, including circumstances beyond its control, County may terminate this Agreement in whole or in part in the same manner as for breach hereof.

  • TERM OF AGREEMENT/TERMINATION The term of this Agreement shall commence on the date hereof and such term and this Agreement shall terminate upon the earlier to occur of (i) the Effective Time, and (ii) the date on which the Merger Agreement is terminated in accordance with its terms. Upon such termination, no party shall have any further obligations or liabilities hereunder; PROVIDED, HOWEVER, such termination shall not relieve any party from liability for any breach of this Agreement prior to such termination.

  • Duration/Termination 1. This License Agreement is concluded for an indefinite period, subject to termination in accordance with the provisions of article 6.2 and 6.3. Except based on these provisions, parties are not allowed to terminate the License Agreement.

  • CFR PART 200 Termination Termination for cause and for convenience by the grantee or subgrantee including the manner by which it will be eff ected and the basis for settlement. (All contracts in excess of $10,000) Pursuant to the above, when federal funds are expended by ESC Region 8 and TIPS Members, ESC Region 8 and TIPS Members reserves the right to terminate any agreement in excess of $10,000 resulting from this procurement process for cause after giving the vendor an appropriate opportunity an d up to 30 days, to cure the causal breach of terms and conditions. ESC Region 8 and TIPS Members reserves the right to terminate any agreement in excess of $10,000 resulting from this procurement process for convenience with 30 days notice in writing to the awarded vendor. The vendor would be compensated for work performed and goods procured as of the termination date if for convenience of the ESC Region 8 and TIPS Members. Any award under this procurement process is not exclusive and the ESC Region 8 and TIPS reserves the right to purchase goods and services from other vendors when it is in the best interest of t he ESC Region 8 and TIPS. Does vendor agree? Yes

  • Amendment; Termination (a) This Addendum (including the Schedules hereto) may not be amended without the prior written consent of the Majority Japan Local Currency Banks hereunder and subject to the provisions of Section 8.01 of the Credit Agreement.

  • Term Termination 8.1 This Agreement shall be effective as of the date hereof and shall continue in force until terminated in accordance with the provisions herein.

  • Severance Termination (a) Subject to 56.7 above, indeterminate employees on 4 June 2014 shall be entitled to a severance payment equal to one (1) week's pay for each complete year of continuous employment and, in the case of a partial year of continuous employment, one (1) week's pay multiplied by the number of days of continuous employment divided by three hundred sixty-five (365), to a maximum of thirty (30) weeks.

  • Post-Termination After the Employee has terminated their employment with the Employer, the Employee shall be bound to Section XII of this Agreement for a period of ☐ Months ☐ Years (“Confidentiality Term”). If the Confidentiality Term is beyond any limit set by local, State, or Federal laws, then the Confidentiality Term shall be the maximum allowed legal time-frame.

  • CFR PART 200 Termination Termination for cause and for convenience by the grantee or subgrantee including the manner by which it will be effected and the basis for settlement. (All contracts in excess of $10,000) Pursuant to the above, when federal funds are expended by ESC Region 8 and TIPS Members, ESC Region 8 and TIPS Members reserves the right to terminate any agreement in excess of $10,000 resulting from this procurement process for cause after giving the vendor an appropriate opportunity and up to 30 days, to cure the causal breach of terms and conditions. ESC Region 8 and TIPS Members reserves the right to terminate any agreement in excess of $10,000 resulting from this procurement process for convenience with 30 days notice in writing to the awarded vendor. The vendor would be compensated for work performed and goods procured as of the termination date if for convenience of the ESC Region 8 and TIPS Members. Any award under this procurement process is not exclusive and the ESC Region 8 and TIPS reserves the right to purchase goods and services from other vendors when it is in the best interest of the ESC Region 8 and TIPS. Does vendor agree? Yes

  • Program Termination In the event the Utility’s Electric Security Plan (“ESP”) or Market-Rate Offer is terminated prior to the end of this agreement, this agreement shall automatically terminate.

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