Commencement, Duration, Termination. 22.1 This agreement takes effect on the Commencement Date and, subject to clause 22.2, clause 22.4, and clause 25.5, shall continue for the Initial Term and indefinitely after that until terminated by either party giving at least 30 days' prior written notice to expire on or after the expiry date of the Initial Term.
22.2 Without affecting any other right or remedy available to it, either party may terminate this agreement with immediate effect by giving written notice to the other party if:
(a) the other party fails to pay any amount due under this agreement on the due date for payment and remains in default not less than 14 days after being notified in writing to make such payment;
(b) the other party commits a material breach of any material term of this agreement (other than failure to pay any amounts due under this agreement) and (if such breach is remediable) fails to remedy that breach within a period of 21 days after being notified in writing to do so;
(c) the other party repeatedly breaches any of the terms of this agreement in such a manner as to reasonably justify the opinion that its conduct is inconsistent with it having the intention or ability to give effect to the terms of this agreement;
(d) the other party suspends, or threatens to suspend, payment of its debts or is unable to pay its debts as they fall due or admits inability to pay its debts or (being a company or limited liability partnership) is deemed unable to pay its debts within the meaning of section 123 of the Insolvency Xxx 0000 as if the words "it is proved to the satisfaction of the court" did not appear in sections 123(1)(e) or 123(2) of the Insolvency Xxx 0000;
(e) the other party commences negotiations with all or any class of its creditors with a view to rescheduling any of its debts, or makes a proposal for or enters into any compromise or arrangement with any of its creditors other than (being a company) for the sole purpose of a scheme for a solvent amalgamation of that other party with one or more other companies or the solvent reconstruction of that other party;
(f) the Supplier (being an individual) is declared bankrupt or the Supplier makes a compromise with its creditors or judgement is made against the Supplier in respect of a debt that is not discharged within 7 days;
(g) a petition is filed, a notice is given, a resolution is passed, or an order is made, for or in connection with the winding up of the other party (being a company, limited liability partnership ...
Commencement, Duration, Termination. The effective commencement date of this working relationship will be the date of the signing of this MoU and the working relationship shall remain in force for a period of 36 months from the commencement date.
Commencement, Duration, Termination. (1) This agreement shall become valid on signing of the license agreement, where the day of the last signature by a contract party is decisive.
(2) In case of rental of the software or use of the Software as SaaS this agreement is valid for a period of one year from the effective date.
(3) In case of rental of the software or use of the Software as SaaS this will renew automatically for a further period of one (1) year at a time, subject to termination by either of the parties with three (3) months’ notice to the end of contract year. This does not affect the right of extraordinary termination.
(4) The licensor is entitled to increase the license fee defined for Software Rental and SaaS with at least 60 days written notice to the end of the current contract year, where the increase will take effect from the beginning of the following contract year. However, the increase must not exceed 5 percent of the agreed license fee. The licensee has the right of extraordinary termination of the maintenance and support agreement within 30 days of receiving notification of an increase.
Commencement, Duration, Termination. Assuming completion of the agreement, this exchange may commence as early as the Term of the (YEAR) - (YEAR) academic year. This agreement shall remain in effect until the expiration of the current General International Memorandum of Understanding (Month, day, year) or be extended by mutual consent. To terminate the agreement, a partner must submit a written notification one-year in advance of the termination date.
Commencement, Duration, Termination. (1) This Agreement shall enter into force on December the 1st, 2007 and apply at least 12 month until it is terminated, cf. sub clause (3), cancelled or amended, cf. sub clause (2).
(2) The Agreement may be terminated by either Party at six months' notice to the first of a month. If the Parties agree, the Agreement may be terminated at a shorter notice.
Commencement, Duration, Termination. (1) This maintenance and support agreement shall become valid on signing of the license and/or maintenance agreement, where the day of the last signature by a contract party is decisive.
(2) This maintenance and support agreement is valid for a period of one year from the effective date.
(3) The maintenance and support agreement will renew automatically for a further period of one (1) year at a time, subject to termination by either of the parties with three (3) months notice to the end of contract year. This does not affect the right of extraordinary termination.
(4) The licensor is entitled to increase the percentage for calculation of the maintenance and support fee defined in the above Section C, Subsection 2, Item a) with at least 60 days written notice to the end of the current contract year, where the increase will take effect from the beginning of the following contract year. However, the increase must not exceed 2 percent of the purchase price as per paragraph (a) in the above (i.e. an increase from 18% to 20%). The licensee has the right of extraordinary termination of the maintenance and support agreement within 30 days of receiving notification of an increase.
Commencement, Duration, Termination. 3.1 This Interconnection Agreement shall come into force on the Date hereof and, without prejudice to the provisions for earlier termination contained in this Interconnection Agreement, it shall remain in force for an initial period of one (1) year (Term) and shall continue thereafter until terminated by either Party in accordance with Clause 4.
Commencement, Duration, Termination. The Agreement will commence on the Acceptance Date and endure indefinitely until it is cancelled as provided for in this clause 2, or otherwise provided in this Agreement. In the event that the product or service you have applied for is not activated within 30 (thirty) days of the Acceptance Date (or such extended period as VNC may advise) due to an Uncontrollable Event, the Agreement will automatically terminate and no party shall have any liability to the other as a result of such termination.
Commencement, Duration, Termination. The Collaboration Agreement will enter into force from the date on which it has been signed by all partners.
Commencement, Duration, Termination. 3.1 This Interconnection Agreement shall come into force on the Effective Date hereof and, without prejudice to the provisions for earlier termination contained in this Interconnection Agreement, it shall remain in force for an initial period of one (1) year (Term) and shall continue thereafter until terminated by either Party upon at least six months’ written notice to the other Party given to expire on or at any time after the expiry of the Term.
3.2 Without prejudice to the provisions of Clause 3.4, this Agreement shall terminate upon:
3.2.1 the expiry, earlier revocation or other termination of the Operator Authorisation/Licence without there being a replacement or other Authorisation/Licence to Operator to run the Operator System;
