Commencement of the Agreement. 7.1 The Agreement shall come into effect on the date mentioned in the heading of the Agreement. The Agreement shall be valid for a period of _______ years _____months from the date of its commencement and may be extended for such period and on such terms and conditions as are conveyed by BSNL to the Franchisees 2 (two) months prior to the expiry of the Agreement. If at any stage during the tenure of this agreement it comes to the notice of BSNL, directly or otherwise that franchisee had misrepresented the facts or submitted any false information, which could have affected the signing of this agreement with franchisee, this agreement shall stand terminated immediately under intimation to the franchisee. (The above clause 7.1 is to be modified by respective Telecom Circles/ Districts upto the extent of provision contained in the CM S&D Policy 2018 and all its amendments, all other applicable terms and conditions as given in EoI are accepted by franchisees, who have opted for migration in writing before they are allowed to migrate to this CM S&D Policy 2018.) 7.2 In case, any future statutory provision warrants variation in the Agreement/Policy, in any material way, both parties will in good faith use their best endeavour to agree to such terms and conditions as may be necessary. However, in case no such agreement can be reached, either party shall have the right to withdraw from this Agreement. 7.3 The effect of withdrawal from the Agreement under Clause 7.2 would be that the Agreement shall stand terminated with immediate effect.
Appears in 3 contracts
Samples: Franchise Agreement, Franchise Agreement, Franchise Agreement
Commencement of the Agreement. 7.1 The Agreement shall come into effect on the date mentioned in the heading of the Agreement. The Agreement shall be valid for a period of _______ years ______ months from the date of its commencement and may be extended for such period and on such terms and conditions as are conveyed by the BSNL to the Franchisees 2 (two) months prior to the expiry of the Agreement. If at any stage during the tenure of this agreement it comes to the notice of BSNL, directly or otherwise that franchisee had misrepresented the facts or submitted any false information, which could have affected the signing of this agreement with franchisee, this agreement shall stand terminated immediately under intimation to the franchisee. (The above clause 7.1 is to be modified by respective Telecom Circles/ Districts upto as per the extent of provision contained in the CM S&D Policy 2018 letter 27-9/2010-XX-XX (pt.-II) dated 01.04.2010 for franchisees opted for migration and also it should be ensured that whole franchisee sales and distribution policy-2009 and all its amendments, all other applicable terms and conditions as given in EoI are accepted by franchisees, who have opted for migration in writing before they are allowed to migrate to this CM new franchisee S&D Policy 2018policy-2009.)
7.2 In case, any future statutory provision warrants variation in the Agreement/Policy, in any material way, both parties will in good faith use their best endeavour endeavor to agree to such terms and conditions as may be necessary. However, in case no such agreement can be reached, either party shall have the right to withdraw from this Agreement.
7.3 The effect of withdrawal from the Agreement under Clause 7.2 would be that the Agreement shall stand terminated with immediate effect.
7.4 The Agreement is liable to be terminated on the basis of performance as described in section-4 of EoI
Appears in 1 contract
Samples: Franchise Agreement
Commencement of the Agreement. 7.1 The Agreement shall come into effect on the date mentioned in the heading of the Agreement. The Agreement shall be valid for a period of _______ years _____months from the date of its commencement and may be extended for such period and on such terms and conditions as are conveyed by the BSNL to the Franchisees 2 (two) months prior to the expiry of the Agreement. If at any stage during the tenure of this agreement it comes to the notice of BSNL, directly or otherwise that franchisee had misrepresented the facts or submitted any false information, which could have affected the signing of this agreement with franchisee, this agreement shall stand terminated immediately under intimation to the franchisee. (The above clause 7.1 is to be modified by respective Telecom Circles/ Districts upto the extent of provision contained in the CM S&D Policy 2018 and all its amendments, all other applicable terms and conditions as given in EoI are accepted by franchisees, who have opted for migration in writing before they are allowed to migrate to this CM S&D Policy 2018.)
7.2 In case, any future statutory provision warrants variation in the Agreement/Policy, in any material way, both parties will in good faith use their best endeavour to agree to such terms and conditions as may be necessary. However, in case no such agreement can be reached, either party shall have the right to withdraw from this Agreement.
7.3 The effect of withdrawal from the Agreement under Clause 7.2 would be that the Agreement shall stand terminated with immediate effect.
Appears in 1 contract
Samples: Franchise Agreement
Commencement of the Agreement. 7.1 The Agreement shall come into effect on the date mentioned in the heading of the Agreement. The Agreement shall be valid for a period of _______ years _____months from the date of its commencement and may be extended for such period and on such terms and conditions as are conveyed by the BSNL to the Franchisees 2 (two) months prior to the expiry of the Agreement. If at any stage during the tenure of this agreement it comes to the notice of BSNL, directly or otherwise that franchisee had misrepresented the facts or submitted any false information, which could have affected the signing of this agreement with franchisee, this agreement shall stand terminated immediately under intimation to the franchisee. (The above clause 7.1 is to be modified by respective Telecom Circles/ Districts upto the extent of provision contained in the CM S&D Policy 2018 and all its amendments, all other applicable terms and conditions as given in EoI are accepted by franchisees, who have opted for migration in writing before they are allowed to migrate to this CM S&D Policy 2018.)
7.2 In case, any future statutory provision warrants variation in the Agreement/Policy, in any material way, both parties will in good faith use their best endeavour to agree to such terms and conditions as may be necessary. However, in case no such agreement can be reached, either party shall have the right to withdraw from this Agreement.
7.3 The effect of withdrawal from the Agreement under Clause 7.2 would be that the Agreement shall stand terminated with immediate effect.
Appears in 1 contract
Samples: Franchise Agreement
Commencement of the Agreement. 7.1 The Agreement shall come into effect on the date mentioned in the heading of the Agreement. The Agreement shall be valid for a period of _______ years _____months from the date of its commencement and may be extended for such period and on such terms and conditions as are conveyed by BSNL to the Franchisees 2 (two) months prior to the expiry of the Agreement. If at any stage during the tenure of this agreement it comes to the notice of BSNL, directly or otherwise that franchisee had misrepresented the facts or submitted any false information, which could have affected the signing of this agreement with franchisee, this agreement shall stand terminated immediately under intimation to the franchisee. (The above clause 7.1 is to be modified by respective Telecom Circles/ Districts upto the extent of provision contained in the CM S&D Policy 2018 and all its amendments, all other applicable terms and conditions as given in EoI are accepted by franchisees, who have opted for migration in writing before they are allowed to migrate to this CM S&D Policy 2018.)
7.2 In case, any future statutory provision warrants variation in the Agreement/Policy, in any material way, both parties will in good faith use their best endeavour to agree to such terms and conditions as may be necessary. However, in case no such agreement can be reached, either party shall have the right to withdraw from this Agreement.
7.3 The effect of withdrawal from the Agreement under Clause 7.2 would be that the Agreement shall stand terminated with immediate effect.
Appears in 1 contract
Samples: Franchise Agreement