Commencement/Duration/Modification/Termination Sample Clauses
The Commencement/Duration/Modification/Termination clause defines when an agreement begins, how long it remains in effect, and the conditions under which it can be changed or ended. Typically, this clause specifies the start date, outlines the initial term and any renewal periods, and details the procedures for amending or terminating the contract, such as required notice periods or grounds for early termination. Its core function is to provide clear guidelines for the contract’s lifecycle, ensuring both parties understand their rights and obligations regarding the timing and flexibility of the agreement.
Commencement/Duration/Modification/Termination. This MOU is to take effect upon the last date of the last signature of the participating agencies and remain in effect for a period of five (5) years. This MOU may be extended or modified at any time per the mutual written consent of all the participating agencies. A participating agency may terminate its participation in this MOU at any time by providing written notice to the other participating agencies thirty
Commencement/Duration/Modification/Termination. This MOU will remain in effect for five years from the signing date. It may be extended or modified through the mutual written consent of the Parties at any time. Either party may terminate its participation in this MOU by providing written notice to the other agency 30 days in advance of the desired termination date. The termination of this MOU shall not affect when activities initiated while this MOU is in effect shall conclude, unless a party expressly states otherwise. A party that intends to terminate a previously initiated activity shall endeavor to reach an understanding with the other party concerning such termination.
Commencement/Duration/Modification/Termination. This MOU will remain in effect for five years from the signing date. It may be extended or modified through the mutual written consent of the signatories. Either agency may terminate its participation in this MOU by providing written notice to the other agency 30 days in advance of the desired termination date.