Commencement/Expiration. This Agreement shall be effective and in effect for five years, beginning from the date of the last signature.
Commencement/Expiration. This operating plan is entered into and agreed upon by the agencies shown as signatories, commencing upon the date of the last signature and valid for a period of five years.
Commencement/Expiration. The term of this Lease commences on September 21, 1996, and ends on September 20, 2006, unless terminated earlier as provided in this Lease.
Commencement/Expiration. This agreement is executed as of the date of the last signature and is effective through at which time it will expire, unless extended by an executed modification, signed and dated by all properly authorized, signatory officials.
Commencement/Expiration. The term of this Agreement (“Term”) shall be deemed to have commenced as of the Effective Date of the Original Development Agreement, which the parties acknowledge occurred as of August 14, 2007 (the “Original Effective Date”). The “Effective Date” of this Agreement shall be deemed to occur upon the later of (i) the effective date of the Adopting Ordinance approving this Agreement and full execution by the parties hereto, and (ii) the effective date of the adopting ordinances and full execution by all parties of development agreements in substantially the same form as this Agreement, subject to different property-specific descriptions and land use exhibits with respect thereto, for all of the other owners listed as Participating Developers in Exhibit B attached hereto for their respective properties. For purposes of this Agreement, the term “Participating Developers” shall mean and refer to the Participating Developers listed in Exhibit B; if and when any owners of other property within the Plan Area subsequently elect to enter into a development agreement for such property in substantially the same form as this Agreement, such additional owners shall also become Participating Developers, provided such subsequent additions shall not affect the Term of this Agreement. This Agreement shall be recorded against the Property at Developer’s expense within 10 days after County enters into this Agreement, as required by California Government Code Section 65868.5. Due to the legal challenges filed against the County’s approval of the Project Entitlements, the Developer requested in writing a tolling of the Original Development Agreements pursuant to Section 1.3.4 of the Original Development Agreement. The litigation was subsequently settled and dismissed on October 29, 2012. Therefore the parties acknowledge and agree to the following: (a) the Initial Term of the Original Development Agreement was 20 years, commencing on August 14, 2007 and scheduled to expire on August 14, 2027; (b) due to the intervening litigation, this original Initial Term was tolled and extended for the period of August 14, 2007 to and including October 29, 2012 (5 yrs., 2 mos. and 15 days); and, therefore, (c) the Initial Term of this Agreement was extended by such tolling to October 29, 2032 (the “Initial 20 Year Term”). The Initial 20 Year Term will remain in effect unless said Initial 20 Year Term is terminated, modified or extended by circumstances set forth in this Agreement or by mutua...
Commencement/Expiration. 6 3. Consideration........................................................7
Commencement/Expiration. This Agreement shall take become effective January 1, 2020, or date of last signature, whichever is later and will expire December 31, 2020.
Commencement/Expiration. This Agreement shall be in effect 2019 to 2023 and will take effect upon signatures of at least two states.
Commencement/Expiration. TERMINATION This MOU takes effect upon the signature of the Cooperators and shall remain in effect for ten years from the date of execution. This MOU may be extended or amended upon written request of any of the Cooperators and subsequent written concurrence of the others. Any of the Cooperators may terminate this MOU with a 30 day written notice to the others.
Commencement/Expiration. This instrument is executed as of the date of the last signature and is effective through January 31, 2012 at which time it will expire, unless extended by an executed modification, signed and dated by all properly authorized, signatory officials.