Common use of COMMENCEMENT; TERM Clause in Contracts

COMMENCEMENT; TERM. 2.1 This Agreement shall commence from its date of execution mentioned above/ be deemed to have commenced from (Effective Date). 2.2 This Agreement shall be in force for a period year(s) from Effective Date, unless terminated by the Bank by notice in writing in accordance with the termination clauses of this Agreement. 2.3 The Bank shall have the right at its discretion to renew this Agreement in writing, for a further terms of year (s) on mutually agreed terms and conditions. 2.4 Unless terminated earlier in accordance with this Agreement, the Agreement shall come to an end on completion of the term specified in the Agreement or on expiration of the renewed term.

Appears in 4 contracts

Samples: Service Level Agreement, Consulting Agreement, Consulting Agreement

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COMMENCEMENT; TERM. 2.1 2.1. This Agreement shall commence from its date of execution mentioned above/ be deemed to have commenced from (Effective Date). 2.2 2.2. This Agreement shall be in force for a period of year(s) from Effective Date), unless terminated by the Bank by notice in writing in accordance with the termination clauses of this Agreement. 2.3 2.3. The Bank shall have the right at its discretion to renew this Agreement in writing, for a further terms term of year (s) years on mutually agreed the same terms and conditions. 2.4 2.4. Unless terminated earlier in accordance with this Agreement, the Agreement shall come to an end on completion of the term specified in the Agreement or on expiration of the renewed term.

Appears in 3 contracts

Samples: Service Level Agreement, Service Level Agreement, Service Level Agreement

COMMENCEMENT; TERM. 2.1 This Agreement shall commence from its date of execution mentioned above/ be deemed to have commenced from (Effective Date). 2.2 This Agreement shall be in force for a period of year(s) from Effective Date, unless terminated by the Bank by notice in writing in accordance with the termination clauses of this Agreement. 2.3 The Bank shall have the right at its discretion to renew this Agreement in writing, for a further terms term of year (s) years on mutually agreed the same terms and conditions. 2.4 Unless terminated earlier in accordance with this Agreement, the Agreement shall come to an end on completion of the term specified in the Agreement or on expiration of the renewed term.

Appears in 2 contracts

Samples: Service Level Agreement, Service Agreement

COMMENCEMENT; TERM. 2.1 This Agreement shall commence from its date of execution mentioned above/ be deemed to have commenced from (Effective Date). 2.2 This Agreement shall be in force for a period year(s) from Effective Dateof one year, unless terminated by the Bank by notice in writing in accordance with the termination clauses of this Agreement. 2.3 The Bank shall have the right at its discretion to renew this Agreement in writing, for a further terms term of one year (s) on mutually agreed the same terms and conditions. 2.4 Unless terminated earlier in accordance with this Agreement, the Agreement shall come to an end on completion of the term specified in the Agreement or on expiration of the renewed term.

Appears in 2 contracts

Samples: Verification Agreement, Service Agreement

COMMENCEMENT; TERM. 2.1 This Agreement shall commence from its date of execution mentioned above/ be deemed to have commenced from (Effective Date). 2.2 This Agreement shall be in force for a period of year(s) from Effective Date, unless terminated by the Bank by notice in writing in accordance with the termination clauses of this Agreement. 2.3 The Bank shall have the right at its discretion to renew this Agreement in writing, for a further terms term of year (s) two/ three years on mutually agreed the same terms and conditions. 2.4 Unless terminated earlier in accordance with this Agreement, the Agreement shall come to an end on completion of the term specified in the Agreement or on expiration of the renewed term.

Appears in 1 contract

Samples: Supply, Installation, Commissioning and Maintenance Agreement

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COMMENCEMENT; TERM. 2.1 This Agreement shall commence from its date of execution mentioned above/ be deemed to have commenced from (Effective Date). 2.2 This Agreement shall be in force for a period of 5 year(s) from Effective Date), unless terminated by the Bank by notice in writing in accordance with the termination clauses of this Agreement. 2.3 The Bank shall have the right at its discretion to renew this Agreement in writing, for a further terms term of year (s) 3 years on mutually agreed the same terms and conditions. 2.4 Unless terminated earlier in accordance with this Agreement, the Agreement shall come to an end on completion of the term specified in the Agreement or on expiration of the renewed term.

Appears in 1 contract

Samples: Service Agreement

COMMENCEMENT; TERM. 2.1 This Agreement shall commence from its date of execution mentioned above/ be deemed to have commenced from (Effective Date). 2.2 This Agreement shall be in force for a period year(s) from Effective Date, unless terminated by the Bank by notice in writing in accordance with the termination clauses of this Agreement.of 2.3 The Bank shall have the right at its discretion to renew this Agreement in writing, for a further terms term of year (s) years on mutually agreed the same terms and conditions. 2.4 Unless terminated earlier in accordance with this Agreement, the Agreement shall come to an end on completion of the term specified in the Agreement or on expiration of the renewed term.

Appears in 1 contract

Samples: Service Agreement

COMMENCEMENT; TERM. 2.1 This Agreement shall commence from its date of execution mentioned above/ be deemed to have commenced from (Effective Date). 2.2 This Agreement shall be in force for a period of 3 year(s) from Effective Date, unless terminated by the Bank by notice in writing in accordance with the termination clauses of this Agreement. 2.3 The Bank shall have the right at its discretion to renew this Agreement in writing, for a further terms term of year (s) 2 years on mutually agreed the same terms and conditions. 2.4 Unless terminated earlier in accordance with this Agreement, the Agreement shall come to an end on completion of the term specified in the Agreement or on expiration of the renewed term.

Appears in 1 contract

Samples: Service Level Agreement

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