Commencement, Modification and Termination Sample Clauses

Commencement, Modification and Termination. Paragraph 16
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Commencement, Modification and Termination. 1. This MOU is effective upon the signature of both parties. 2. Any additions, deletions, or other changes to this MOU shall be by written modification agreed upon by the appropriate official for each party. Either party may initiate such modifications. 3. This MOU is neither a fiscal nor a funds obligation document. All activities pursuant to this MOU are subject to the availability of appropriated funds and each party’s budget priorities. Nothing in this MOU authorizes, or is intended to obligate, either agency to expend, exchange, or reimburse funds, services, or supplies, or transfer or receive anything of value, or enter into any contract, assistance agreement, interagency agreement, or other financial obligation. 4. The duration of the MOU shall be indefinite. Either party, however, may terminate its participation in this agreement upon 30 days prior written notice to the other party. After such notice, the parties shall meet at a mutually agreed-upon location and date to effect an orderly termination of any ongoing or planned activities under this MOU. 5. Nothing in this agreement shall be interpreted as limiting, superseding, or otherwise affecting either agency’s normal operations or decisions in carrying out its statutory or regulatory duties. This agreement does not limit or restrict the parties from participating in similar activities or arrangements with other entities. 6. This agreement will be executed in full compliance with all applicable statutes and regulations, including the Privacy Act of 1974, the Freedom of Information Act, and the Federal Records Act. 7. This MOU is strictly for NRC and DOE internal management purposes. This MOU is not legally enforceable and shall not be construed to create any legal obligation on the part of either the NRC or DOE. In addition, this MOU shall not be construed to provide a private right of action for or by any person or entity.
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Commencement, Modification and Termination. This MOU is effective upon the signature of both parties. The duration of the MOU shall be until September 30, 2031. Either party, however, may terminate its participation in this MOU upon 30 days written notice to the other party, consistent with their responsibilities under applicable law. DOE and NRC may, by mutual written agreement, amend this MOU.
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Commencement, Modification and Termination. 27. This Partnership Agreement will commence on the date of final signature by all Parties. 28. The Partnership Agreement may be modified by the Parties at any time by mutual agreement in writing. 29. The Parties will periodically review the functioning and effectiveness of the Partnership Agreement, with the first such review to occur no later than three years following commencement of the Agreement. 30. A Party may withdraw from the Agreement giving the remaining Parties three months written notice. The withdrawing Party will forego its joint copyright entitlements to the Common Glossary. 31. The withdrawal of any single Party from the Agreement will not necessitate the termination of the Agreement - the remaining Parties may continue the Agreement, subject to such modification as is necessary and mutually agreed in writing. The copyright for the Common Glossary will revert to the remaining Parties. 32. The Agreement may be terminated by mutual agreement in writing of the Parties.
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Commencement, Modification and Termination. 26. This Partnership Agreement will commence on the date of final signature by all Parties. 27. The Partnership Agreement may be modified by the Parties at any time by written mutual agreement. 28. The Parties will periodically review the functioning and effectiveness of this Partnership Agreement, with the first such review to occur no later than 3 years following commencement of the Agreement. 29. The Agreement may be terminated by any Party giving 6 months written notice to the other Parties.
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Commencement, Modification and Termination. This MOA shall commence on the date of the last signatory and shall remain in effect until December 1, 2022. Any modification must be in writing and be signed by both Parties. Any Party may terminate this MOA by giving thirty (30) days written notice to the other Party. When the Director of the State Budget Agency makes a written determination that funds are not appropriated or otherwise available to support continuation of performance of this memoranda, the memoranda shall be canceled. A determination by the Director of the State Budget Agency that funds are not appropriated or otherwise available to support continuation of performance shall be final and conclusive. The undersigned attests, subject to the penalties for perjury, he/she has been duly authorized to execute this Agreement on behalf of the entity designated below, and that he/she has not, nor has any other partner, associate, member, employee, representative, agent, or officer of the entity designated below, directly or indirectly, to the best of his/her knowledge, entered into or offered to enter into any combination, collusion, or agreement to receive or pay, and that he/she has not received or paid any sum of money or other consideration for the execution of this Agreement, other than that which appears upon the face of this Agreement. Indiana Department of Natural Resources Indiana Department of Environmental Management By: By: Director Commissioner Date: 5/23/2022 | 12:43 EDT Date: 5/23/2022 | 13:08 EDT Electronically Approved by: State Budget Agency By: (for) Xxxxxxx X. Xxxxxxx, Director The IDNR will be reimbursed by the IDEM for estimated expenses in the following areas not to exceed the indicated amounts. Payment of up to $11,832.00 will be made in arrears, upon submittal of an invoice and required reports to the IDEM, for the specified purposes. Funds cannot be released by the IDEM until the work has been completed and the appropriate invoice and required reports have been submitted to the IDEM. The IDEM may reduce reimbursement as follows: by up to 5% of the total MOA amount ($591.60) for each report called for in Tasks B and C that is not submitted by the deadline or does not contain all of the information specified in this MOA; and by up to 2.5% of the total MOA amount ($295.80) for each beach manager meeting referenced in Task D at which an IDNR representative is not present, for a total potential reimbursement reduction of up to 25% of the total MOA amount ($2,958.00). Type of E...
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Commencement, Modification and Termination. 1. This MOU is effective upon the signature of both parties. 2. NRC and EPA managers responsible for implementing this MOU will review the execution of the MOU beginning six (6) months after the effective date and as needed. Any significant changes to the implementation, including the periodicity of the review, will be mutually agreed upon and documented in an addendum to this MOU. 3. After this MOU has been in effect for three (3) years, NRC and EPA will revisit this MOU to determine if it still meets the needs of both agencies. 4. Any additions, deletions, or other changes to this MOU shall be by written modification agreed upon by the appropriate official for each party. Either party may initiate such modifications. 5. This MOU is neither a fiscal nor a funds obligation document. All activities pursuant to this MOU are subject to the availability of appropriated funds and each party’s budget priorities. Nothing in this MOU authorizes, or is intended to obligate, either agency to expend, exchange, or reimburse funds, services, or supplies, or transfer or receive anything of value, or enter into any contract, assistance agreement, interagency agreement, or other financial obligation. 6. The duration of the MOU shall be indefinite. Either party, however, may terminate its participation in this agreement upon 30 days prior written notice to the other party. After such notice, the parties shall meet at a mutually agreed-upon location and date to allow an orderly termination of any ongoing or planned activities under this MOU. 7. Nothing in this agreement shall be interpreted as limiting, superseding, or otherwise affecting either agency’s normal operations or decisions in carrying out its statutory or regulatory duties. This agreement does not limit or restrict the parties from participating in similar activities or arrangements with other entities. 8. This agreement will be executed in full compliance with all applicable statutes and regulations, including the Privacy Act of 1974, the Freedom of Information Act, and the Federal Records Act. 9. This MOU does not create any right or benefit, substantive or procedural, enforceable by law or equity, by persons who are not party to this agreement, against NRC or EPA, their officers or employees, or any other person. This MOU does not apply to any person outside of NRC and EPA. 10. This MOU may be executed in one or more counterparts, each of which shall be deemed to be an original.
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Commencement, Modification and Termination. (1) The Understanding under this MoU will commence on the date of signature of the Participants. (2) The Understanding under this MoU continues for five (5) years and can be extended by the decision of the Participants. Unless otherwise arranged, if either Participant wishes to terminate this MoU prior to the five (5)-year period, it should give an official written notice to the other Participant at least six (6) months in advance. (3) The Understanding under this MoU may be modified by written consent of the Participants. دبللاؼٌا خجؼش يلاخ )GoB( خ١جؼشٌا ش٠دلاغٕث خ٠سّٛٙخ خِٛىز ْأ ث١ز غ١لٛزٌا ٌٝإ ]خ١جٕخلأا خ١ِٛىسٌا خٙدٌا ُعا جاسدإ ٝخش٠ بٕ٘[ ذػد ذل بٌٙ خؼثبزٌا خ٠دبظزللاا تزىِ ،)PPP خئ١٘( صبخٌاٚ َبؼٌا ٓ١ػبطمٌا ٓ١ث خواششٌا خئ١٘ غِ ُ٘بفزٌا حشوزِ ٍٝػ "نسبشٌّا" ُعبث ذؼث بّ١ف بٙ١ٌإ سبشٌّا( خ١جؼشٌا ش٠دلاغٕث خ٠سّٛٙخ ،ءاسصٌٛا ظ١ئس ،خٌبؼفٚ خغٍع خم٠شطث ُّٙ٘بفر ض٠ضؼرٚ خٍطاٌّٛ )"ٓ١وسبشٌّا" ُعبث ب١ػبّخ بٙ١ٌإ سبشٌّاٚ خ٠سّٛٙخ ٟف )PPP(صبخٌاٚ َبؼٌا ٓ١ػبطمٌا ٓ١ث خواششٌا غ٠سبشِ ض٠ضؼر ٟف ْٚبؼزٌاٚ ٚ ؛يدبجزٌّا ُ٘بفزٌاٚ ًثٌّبث خٍِبؼٌّاٚ حاٚبغٌّا طبعأ ٍٝػ خ١جؼشٌا ش٠دلاغٕث بٙز١ٔ ٜذثأٚ حٛػذٌبث ذجزس ]خ١جٕخلأا خ١ِٛىسٌا خٙدٌا ُعا جاسدإ ٝخش٠[ ْأ ث١ز ٓ١ػبطمٌا ٓ١ث خواششٌا غ٠سبشِ ك١مسر يلاخ ِٓ GoB غِ ٟئبٕثٌا ُ٘بفزٌا ض٠ضؼزٌ خ١ثبد٠لإا .خ١جؼشٌا ش٠دلاغٕث خ٠سّٛٙخ ٟف صبخٌاٚ َبؼٌا ُ٘بفزٌا ض٠ضؼزٌ ٖز٘ ُ٘بفزٌا حشوزِ ٍٝػ غ١لٛزٌا بٕ٘ ْٛوسبشٌّا سشل ،هٌر ٍٝػ ءبٕث دٚذز ٟف خٍظٌا دار خ١ٕطٌٛا دبعب١غٌاٚ رئاٌٍٛاٚ ٓ١ٔاٛمٌا غِ ٝشبّز٠ بّث ،ُٙز٠لاٚ ذسر .بِٕٙ ًىٌ خ٠ٕٛغٌا خ١ٔاض١ٌّا دادبّزػا ٓ١غسر ًخأ ِٓ ٓ١وسبشٌّا ٓ١ث ُ٘بفزٌا ض٠ضؼر ٛ٘ ٖز٘ ُ٘بفزٌا حشوزِ ِٓ فذٌٙا 1.1 َاذزغٌّا ٞدبظزللاا ٌّٕٛبث ً١دؼزٌاٚ خ١جؼشٌا ش٠دلاغٕث خ٠سّٛٙخ ٟف حب١سٌا خ١ػٛٔ خ٠سّٛٙخ ٟف صبخٌاٚ َبؼٌا ٓ١ػبطمٌا ٓ١ث سبّثزعلاا ض٠ضؼر يلاخ ِٓ ٓ٠ذٍجٌا لاىٌ تزىِ ذسر صبخٌاٚ َبؼٌا ٓ١ػبطمٌا ٓ١ث خواششٌا خئ١٘ يلاخ ِٓ ش٠دلاغٕث خِٛىز 2.1 خٙدٌا ُعا جاسدإ ٝخش٠[ غِ خ٠ٛل خ١ئبٕث دبللاػ ءبٕث ٌٝإ غٍطزر ءاسصٌٛا ظ١ئس ُػد فذٙث خ١ٍسٌّا خِبؼٌا خ١زسزٌا خ١ٕجٌا يٛطأ ش٠ٛطر ًخأ ِٓ ]خ١جٕخلأا خ١ِٛىسٌا .خ١عبعلأا خِبؼٌا دبِذخٌا ُ٠ذمرٚ خِاذزغِ خم٠شطث ِٟبٕزٌّا دبظزللاا بٙ١ٍػ ذمفاٚ ٟزٌا "G2G خکاشش خعب١ع" تخّٛث سبطلإا شفٛر ٖز٘ ُ٘بفزٌا حشکزِ 3.1 ُػذٌا ِْٛذم٠ ٚأ طبشٕث ْٛوسبشٌّا نسبش١ع ،سبطلإا از٘ ٟفٚ .ش٠دلاغٕث خِٛکز ذ٠ذسر هٌر ٟف بّث ،صبخٌاٚ َبؼٌا ٓ١ػبطمٌا ٓ١ث خواششٌا عٚششِ ز١فٕر خ١ٍّؼٌ َصلاٌا بٕٙ١ٔاٛمٌ بمفٚ ،حسادلإا ٚأ/ٚ ً١غشزٌا ،ً٠ّٛزٌا ،ٓ١ٍّزسٌّا ٓ٠شّثزغٌّاٚ غ٠سبشٌّا ٓ١ث خواششٌا عٚششٌّ خ١ٌبزٌا خطشٔلأا ًّشر ْأ ٓىّ٠ ٓ١وسبشٌّا ٓ١ث ُ٘بفزٌا دلابدِ 2.1 ،ءبٕجٌا خ١ٕمرٚ ،ً٠ّٛزٌا سدبظِٚ ،خٍظٌا دار ظطخٌاٚ دبعب١غٌا يٛز دبشلبٌّٕا ٗ١ف بّث .)ش٠دلاغٕث خِٛىسٌ داسذل ءبٕثٚ ،خ٠ذلبؼزٌا كئبثٌٛاٚ دبػبطمٌا ٍٝػ شظزمرٚ...
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Commencement, Modification and Termination. 1. Subject to the provisions of paragraph 2 of this Section VII, this MOU will be effective upon the date of the last signature from both Parties and will remain in full force and effect for a period of five (5) years. 2. This MOU may be renegotiated and amended, extended, or otherwise modified upon written agreement of the Parties. Notwithstanding the foregoing, either Party may terminate its participation in this MOU upon 30 days written notice to the other Party.
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Related to Commencement, Modification and Termination

  • DURATION, MODIFICATION AND TERMINATION A. Effective Date: The effective date of this agreement is November 11, 2023, provided that SSA reported the proposal to re-establish this matching program to the Congressional committees of jurisdiction and OMB in accordance with 5 U.S.C. § 552a(o)(2)(A) and OMB Circular A-108 (December 23, 2016), and SSA published notice of the matching program in the Federal Register in accordance with 5 U.S.C. § 552a(e)(12). B. Duration: This agreement will be in effect for a period of 18 months. C. Renewal: The DIBs of VA and SSA may, within 3 months prior to the expiration of this agreement, renew this agreement for a period not to exceed 12 months if VA and SSA can certify to their DIBs that: 1. The matching program will be conducted without change; and 2. VA and SSA have conducted the matching program in compliance with the original agreement. If either party does not want to continue this program, it must notify the other agency of its intention not to continue at least 90 days before the end of the period of the agreement.

  • Modification and Termination No agreement to modify, amend, extend, supersede, terminate, or discharge this Settlement Agreement, or any portion thereof, is valid or enforceable unless it is in writing and signed by all Parties to this Settlement Agreement.

  • TERM, MODIFICATION AND TERMINATION OF AGREEMENT This Agreement with respect to the Fund shall continue in effect until the expiration date set forth on Schedule A (the “Expiration Date”). With regard to the Operating Expense Limits, the Trust’s Board of Trustees and the Adviser may terminate or modify this Agreement prior to the Expiration Date only by mutual written consent. This Agreement shall terminate automatically upon the termination of the Advisory Agreement; provided, however, that the obligation of the Trust to reimburse the Adviser with respect to a Fund shall survive the termination of this Agreement unless the Trust and the Adviser agree otherwise.

  • COMMENCEMENT AND TERMINATION 10.1 This Agreement shall be effective as of the date hereof and shall continue in force until terminated in accordance with the provisions herein. 10.2 This Agreement shall terminate without penalty: a. As to any Participating Fund, at the option of Insurance Company or the Participating Fund at any time from the date hereof upon 180 days' notice, unless a shorter time is agreed to by the respective Participating Fund and Insurance Company; b. As to any Participating Fund, at the option of Insurance Company, if shares of that Participating Fund are not reasonably available to meet the requirements of the Contracts as determined by Insurance Company. Prompt notice of election to terminate shall be furnished by Insurance Company, said termination to be effective ten days after receipt of notice unless the Participating Fund makes available a sufficient number of shares to meet the requirements of the Contracts within said ten-day period; c. As to a Participating Fund, at the option of Insurance Company, upon the institution of formal proceedings against that Participating Fund by the Commission, National Association of Securities Dealers or any other regulatory body, the expected or anticipated ruling, judgment or outcome of which would, in Insurance Company's reasonable judgment, materially impair that Participating Fund's ability to meet and perform the Participating Fund's obligations and duties hereunder. Prompt notice of election to terminate shall be furnished by Insurance Company with said termination to be effective upon receipt of notice; d. As to a Participating Fund, at the option of each Participating Fund, upon the institution of formal proceedings against Insurance Company by the Commission, National Association of Securities Dealers or any other regulatory body, the expected or anticipated ruling, judgment or outcome of which would, in the Participating Fund's reasonable judgment, materially impair Insurance Company's ability to meet and perform Insurance Company's obligations and duties hereunder. Prompt notice of election to terminate shall be furnished by such Participating Fund with said termination to be effective upon receipt of notice; e. As to a Participating Fund, at the option of that Participating Fund, if the Participating Fund shall determine, in its sole judgment reasonably exercised in good faith, that Insurance Company has suffered a material adverse change in its business or financial condition or is the subject of material adverse publicity and such material adverse change or material adverse publicity is likely to have a material adverse impact upon the business and operation of that Participating Fund or Dreyfus, such Participating Fund shall notify Insurance Company in writing of such determination and its intent to terminate this Agreement, and after considering the actions taken by Insurance Company and any other changes in circumstances since the giving of such notice, such determination of the Participating Fund shall continue to apply on the sixtieth (60th) day following the giving of such notice, which sixtieth day shall be the effective date of termination; f. As to a Participating Fund, upon termination of the Investment Advisory Agreement between that Participating Fund and Dreyfus or its successors unless Insurance Company specifically approves the selection of a new Participating Fund investment adviser. Such Participating Fund shall promptly furnish notice of such termination to Insurance Company; g. As to a Participating Fund, in the event that Participating Fund's shares are not registered, issued or sold in accordance with applicable federal law, or such law precludes the use of such shares as the underlying investment medium of Contracts issued or to be issued by Insurance Company. Termination shall be effective immediately as to that Participating Fund only upon such occurrence without notice; h. At the option of a Participating Fund upon a determination by its Board in good faith that it is no longer advisable and in the best interests of shareholders of that Participating Fund to continue to operate pursuant to this Agreement. Termination pursuant to this Subsection (h) shall be effective upon notice by such Participating Fund to Insurance Company of such termination; i. At the option of a Participating Fund if the Contracts cease to qualify as annuity contracts or life insurance policies, as applicable, under the Code, or if such Participating Fund reasonably believes that the Contracts may fail to so qualify; j. At the option of any party to this Agreement, upon another party's breach of any material provision of this Agreement; k. At the option of a Participating Fund, if the Contracts are not registered, issued or sold in accordance with applicable federal and/or state law; or l. Upon assignment of this Agreement, unless made with the written consent of every other non-assigning party. Any such termination pursuant to Section 10.2a, 10.2d, 10.2e, 10.2f or 10.2k herein shall not affect the operation of Article V of this Agreement. Any termination of this Agreement shall not affect the operation of Article IX of this Agreement. 10.3 Notwithstanding any termination of this Agreement pursuant to Section 10.2 hereof, each Participating Fund and Dreyfus may, at the option of the Participating Fund, continue to make available additional shares of that Participating Fund for as long as the Participating Fund desires pursuant to the terms and conditions of this Agreement as provided below, for all Contracts in effect on the effective date of termination of this Agreement (hereinafter referred to as "Existing Contracts"). Specifically, without limitation, if that Participating Fund and Dreyfus so elect to make additional Participating Fund shares available, the owners of the Existing Contracts or Insurance Company, whichever shall have legal authority to do so, shall be permitted to reallocate investments in that Participating Fund, redeem investments in that Participating Fund and/or invest in that Participating Fund upon the making of additional purchase payments under the Existing Contracts. In the event of a termination of this Agreement pursuant to Section 10.2 hereof, such Participating Fund and Dreyfus, as promptly as is practicable under the circumstances, shall notify Insurance Company whether Dreyfus and that Participating Fund will continue to make that Participating Fund's shares available after such termination. If such Participating Fund shares continue to be made available after such termination, the provisions of this Agreement shall remain in effect and thereafter either of that Participating Fund or Insurance Company may terminate the Agreement as to that Participating Fund, as so continued pursuant to this Section 10.3, upon prior written notice to the other party, such notice to be for a period that is reasonable under the circumstances but, if given by the Participating Fund, need not be for more than six months. 10.4 Termination of this Agreement as to any one Participating Fund shall not be deemed a termination as to any other Participating Fund unless Insurance Company or such other Participating Fund, as the case may be, terminates this Agreement as to such other Participating Fund in accordance with this Article X.

  • Term, Termination and Modification This Agreement is effective for the time period indicated on Appendix A, unless sooner terminated as provided below in this Paragraph. This Agreement may be terminated by mutual agreement of the parties at any time or by the Registrant on behalf of any one or more of the Funds upon thirty (30) days’ written notice to the Adviser. In addition, this Agreement shall terminate with respect to a Fund upon termination of the Advisory Agreement with respect to such Fund.

  • EFFECTIVE DATE, DURATION AND TERMINATION OF AGREEMENT a. The effective date of this Agreement with respect to each Fund shall be the date set forth on Exhibit A hereto. b. Unless sooner terminated as hereinafter provided, this Agreement shall continue in effect with respect to each Fund for a period of two years from the date of its execution, and thereafter shall continue in effect only so long as such continuance is specifically approved at least annually by (i) the Board of Directors of the Company or by the vote of a majority of the outstanding voting securities of the applicable Fund, and (ii) by the vote of a majority of the directors of the Company who are not parties to this Agreement or "interested persons," as defined in the 1940 Act, of Adviser or of the Company cast in person at a meeting called for the purpose of voting on such approval. c. This Agreement may be terminated with respect to any Fund at any time, without the payment of any penalty, by the Board of Directors of the Company or by the vote of a majority of the outstanding voting securities of such Fund, or by Adviser, upon 60 days' written notice to the other party. d. This agreement shall terminate automatically in the event of its "assignment" (as defined in the 1940 Act). e. No amendment to this Agreement shall be effective with respect to any Fund until approved by the vote of: (i) a majority of the directors of the Company who are not parties to this Agreement or "interested persons" (as defined in the 0000 Xxx) of Adviser or of the Company cast in person at a meeting called for the purpose of voting on such approval; and (ii) a majority of the outstanding voting securities of the applicable Fund. f. Wherever referred to in this Agreement, the vote or approval of the holders of a majority of the outstanding voting securities or shares of a Fund shall mean the lesser of (i) the vote of 67% or more of the voting securities of such Fund present at a regular or special meeting of shareholders duly called, if more than 50% of the Fund's outstanding voting securities are present or represented by proxy, or (ii) the vote of more than 50% of the outstanding voting securities of such Fund.

  • Amendment, Suspension and Termination To the extent permitted by the Plan, this Agreement may be wholly or partially amended or otherwise modified, suspended or terminated at any time or from time to time by the Administrator or the Board, provided that, except as may otherwise be provided by the Plan, no amendment, modification, suspension or termination of this Agreement shall adversely affect the RSUs in any material way without the prior written consent of Participant.

  • Duration and Termination of Agreement; Amendments (a) Subject to prior termination as provided in subparagraph (d) of this paragraph 9, this Agreement shall continue in force until July 31, 2001 and indefinitely thereafter, but only so long as the continuance after such period shall be specifically approved at least annually by vote of the Trust's Board of Trustees or by vote of a majority of the outstanding voting securities of the Portfolio. (b) This Agreement may be modified by mutual consent of the Advisor, the Sub-Advisor and the Portfolio subject to the provisions of Section 15 of the 1940 Act, as modified by or interpreted by any applicable order or orders of the Securities and Exchange Commission (the "Commission") or any rules or regulations adopted by, or interpretative releases of, the Commission. (c) In addition to the requirements of subparagraphs (a) and (b) of this paragraph 9, the terms of any continuance or modification of this Agreement must have been approved by the vote of a majority of those Trustees of the Trust who are not parties to this Agreement or interested persons of any such party, cast in person at a meeting called for the purpose of voting on such approval. (d) Either the Advisor, the Sub-Advisor or the Portfolio may, at any time on sixty (60) days' prior written notice to the other parties, terminate this Agreement, without payment of any penalty, by action of its Board of Trustees or Directors, or with respect to the Portfolio by vote of a majority of its outstanding voting securities. This Agreement shall terminate automatically in the event of its assignment.

  • Term of Agreement and Termination 2.1. This Agreement enters into effect at the time of acceptance of this Agreement. 2.2. This Agreement will terminate without any further notice in the event products offered under this Agreement have not been used during a period of two (2) years. 2.3. This Agreement may be terminated at any time by either party with 30 days written notice. 2.4. This Agreement may be terminated by SAS with immediate effect if the Company code is used for private purposes or if SAS has reasonable cause to believe that such or similar misuse has occurred or if the Company is put into bankruptcy, enters into liquidation or is otherwise deemed to be insolvent.

  • Term, Duration and Termination This Agreement shall become effective with respect to each Fund as of the date first written above (the "Effective Date") (or, if a particular Fund is not in existence on such date, on the earlier of the date an amendment to Schedule A to this Agreement relating to that Fund is executed or the Distributor begins providing services under this Agreement with respect to such Fund) and, unless sooner terminated as provided herein, shall continue for a two year period following the Effective Date. Thereafter, if not terminated, this Agreement shall continue with respect to a particular Fund automatically for successive one-year terms, provided that such continuance is specifically approved at least annually (a) by the vote of a majority of those members of the Trust's Board of Trustees who are not parties to this Agreement or interested persons of any such party, cast in person at a meeting for the purpose of voting on such approval and (b) by the vote of the Trust's Board of Trustees or the vote of a majority of the outstanding voting securities of such Fund. This Agreement is terminable without penalty with 60 days' prior written notice, by the Trust's Board of Trustees, by vote of a majority of the outstanding voting securities of the Trust, or by the Distributor. This Agreement will also terminate automatically in the event of its assignment. (As used in this Agreement, the terms "majority of the outstanding voting securities," "interested persons" and "

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