Consideration and Term Sample Clauses

Consideration and Term. In consideration of the sum of Five Dollars ($5.00), receipt of which Writer hereby acknowledges, Writer grants to Producer a one-year extension of the exclusive and irrevocable option to purchase all motion picture, television, and allied rights in the Property ("Option"), such option period commencing on the date hereof ("Commencement Date," which shall be the date both parties signed or the later of the two dates, if different) and continuing for twelve (12) months ("Term").
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Consideration and Term. In consideration of the sum of Five Thousand (5,000) Shares of Futura Pictures, Inc., common stock, and other good and valuable consideration, receipt of which Writer hereby acknowledges, Writer grants to Producer an exclusive and irrevocable option to purchase all motion picture, television, and allied rights in the Property ("Option"), such option period commencing on the date hereof ("Commencement Date," which shall be the date both parties signed or the later of the two dates, if different) and continuing for twelve (12) months ("Term").
Consideration and Term. As consideration for this Option, Buyer shall pay Seller the sum of Seven Thousand Five Hundred and 00/100 Dollars ($7,500.00) on or before the effective date of this option. This Option shall exist for a period of one hundred eighty (180) days following the Effective Date of this Option. Buyer shall be entitled to extend the term of this Option for a maximum of two (2) additional consecutive ninety (90) day periods on the same terms as are contained herein upon payment by Buyer to Seller of the sum of Four Thousand and 00/100 Dollars ($4000.00) per ninety (90) day period prior to the expiration of the previous term, or any extension thereof.
Consideration and Term. 2.1. Prior to commencing the Work, Weizmann will send the PI a quote for the services discussed. The PI will provide Weizmann with a purchase order for these services. In consideration for the provision of Weizmann’s infrastructure for performance of the Work the Company shall pay Weizmann the amounts set in the said quote upon the completion of the Work, or any part thereof which will be invoiced accordingly.
Consideration and Term. In consideration of the conditions contained in this Ice Rental Agreement, the City through its appointed agent(s) leases and lets to the Rental Party, Arctic Winter Games Arena or Arnaitok Arena Ice (as indicated). The Rental Party agrees to pay the ice rental fees, as found in the City of Iqaluit Consolidated Fees Bylaw # 813 as per Section 1 of this agreement. Ice rental time is not considered reserved until the agreement is signed and payment is made in full. Each of the parties has caused these presents to be executed by the City of Iqaluit, its Authorized Agent, and the Rental Party by its Authorized Agent. This agreement is dated the day and year first above written BY CITY OF IQALUIT REPRESENTATIVE SIGNATURE of Rental Party Authorized Representative Schedule A ICE RENTAL PARTY DESIGNATED CONTACTS FORM Designated Contact #2 Name Phone Phone 2 PO Box Number Email Designated Contact #1 Name Phone Phone 2 PO Box Number Email Rental Party: _ Date: Schedule B Policy for Inappropriate Behaviour in Recreation Facilities Policy for Inappropriate Behaviour in Recreation Department Facilities Title Approved By: Director of Recreation Date Approved: August 31, 2015 Review Revision Date: October 3, 2018 3 Years
Consideration and Term. In consideration of the conditions contained in this Ice Rental Contract, the Arena through its appointed agent(s) leases and lets to the Second Party, the Moose Sherritt Ice Arena skating rink and facilities, and the Second Party agrees to pay the following amounts for the attached contracted ice on or before the dates mentioned in the payment section of this contract. Each of the parties has caused these presents to be executed by the Moose SherrittIce Arena, its Arena Manager, and the Second Party by its Authorized Agent. This agreement is dated the day and year first above written BY MOOSE SHERRITT ICE ARENA MANAGER BY SECOND PARTY AUTHORIZED PERSONELL SIGNATURE TITLE ORGANIZATION NAME ADDRESS , CITY STATE ZIP PHONE OTHER PHONE
Consideration and Term. In consideration of the conditions contained in this Ice Rental Contract, the City through its appointed agent(s) leases and lets to the Rental Party, Arctic Winter Games & Arnaitok Arena Ice and the Rental Party agrees to pay the following amounts indicated in Section 1 on or before the dates mentioned in the payment section of this contract. Each of the parties has caused these presents to be executed by the City of Iqaluit, its Authorized Agent, and the Second Party by its Authorized Agent. This agreement is dated the day and year first above written BY CITY OF IQALUIT REPRESENTATIVE
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Consideration and Term. In consideration for the Contractor’s agreement to provide services to the Sub-licensor as specified elsewhere, the Sub-licensor hereby agrees to grant such licence terms as are specified in this Contractor Licence in respect of Ordnance Survey Data for as long as the Contractor shall require use of such Ordnance Survey Data in order to meet its obligations to the Sub-licensor, subject to other termination provisions contained in this Contractor Licence.
Consideration and Term 

Related to Consideration and Term

  • Position and Term Upon execution of this Employment Agreement and in accordance with the terms herein, the Company hereby employs Employee to serve as a PRESIDENT, and Employee accepts such position. Employee understands and acknowledges that employment with the Company is for an unspecified duration and constitutes "at-will" employment. Employee also understands that any statement or representation to the contrary is unauthorized and not valid unless obtained in writing and signed by an officer of the Company. Employee acknowledges that employment relationships with the Company may be terminated at any time, with or without good cause or for any or no cause, at the option either of the Company or Employee, with or without notice. Employee further agrees that any employee handbooks or policies shall not be construed to create binding contractual commitments on behalf of Company.

  • Election and Term The President, Treasurer and Secretary shall, and the Chairman of the Board may, be appointed by and shall hold office at the pleasure of the Manager or the Board. The Manager, the Board, or the President may each appoint such other officers and agents as such person shall deem desirable, who shall hold office at the pleasure of the Manager, the Board, or the President, and who shall have such authority and shall perform such duties as from time to time shall, subject to the provisions of Section 5(d) hereof, be prescribed by the Manager, the Board, or the President.

  • Formation and Term The Company was formed as a Delaware limited liability company on September 7, 2012. The term of the Company shall continue until the Company is dissolved and its affairs wound up in accordance with the provisions of this Agreement.

  • Duration and Termination This Agreement shall become effective on July 21, 2015 and shall continue in effect until February 28, 2017, and thereafter, only if such continuance is approved at least annually by a vote of the Board, including the vote of a majority of the directors 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 such approval. In addition, the question of continuance of this Agreement may be presented to the shareholders of the Portfolio; in such event, such continuance shall be effected only if approved by the affirmative vote of the holders of a majority of the outstanding voting securities of the Portfolio. This Agreement may at any time be terminated without payment of any penalty either by vote of the Board or by vote of the holders of a majority of the outstanding voting securities of the Portfolio, on not more than (60) sixty days’ written notice to the Manager. This Agreement shall automatically terminate in the event of its assignment. This Agreement may be terminated by the Manager after ninety (90) days’ written notice to the Fund. Any notice under this Agreement shall be given in writing, addressed and delivered, or mailed post-paid, to the other party at any office of such party. As used in this Section, the terms “assignment,” “interested persons,” “voting securities,” and a “majority of the outstanding voting securities” shall have the respective meanings set forth in Section 2(a)(4), Section 2(a)(19), Section 2(a)(42) of the 1940 Act and Rule 18f-2 thereunder.

  • Expiration and Termination This Agreement is for one academic year (August 1, 2018 through July 31, 2019) and will automatically renew for the following academic year unless terminated as indicated below by either party.

  • Liquidation and Termination On dissolution of the Company, the Majority Members may appoint one or more Members as liquidator. The liquidators shall proceed diligently to wind up the affairs of the Company and make final distributions as provided herein and in the Act. The costs of liquidation shall be borne as a Company expense. Until final distribution, the liquidators shall continue to operate the Company properties with all of the power and authority of the Members. The steps to be accomplished by the liquidators are as follows:

  • Dissolution and Termination (a) The Company shall not be dissolved by the admission of Substitute Members or Additional Members. The Company shall dissolve, and its affairs shall be wound up, upon:

  • 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 sixty 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 "

  • 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.

  • Duration and Termination of Agreement This Agreement shall become effective with respect to each Portfolio on the later of (i) its execution and (ii) the date of the meeting of the Board of Trustees of the Trust, at which meeting this Agreement is approved as described below. The Agreement will continue in effect for a period more than two years from the date of its execution only so long as such continuance is specifically approved at least annually either by the Trustees of the Trust or by a majority of the outstanding voting securities of each of the Portfolios, provided that in either event such continuance shall also be approved by the vote of a majority of the Trustees of the Trust who are not interested persons (as defined in the Investment Company Act) of any party to this Agreement cast in person at a meeting called for the purpose of voting on such approval. Any required shareholder approval of the Agreement or of any continuance of the Agreement shall be effective with respect to any Portfolio if a majority of the outstanding voting securities of the series (as defined in Rule 18f-2(h) under the Investment Company Act) of shares of that Portfolio votes to approve the Agreement or its continuance, notwithstanding that the Agreement or its continuance may not have been approved by a majority of the outstanding voting securities of (a) any other Portfolio affected by the Agreement or (b) all the portfolios of the Trust. If any required shareholder approval of this Agreement or any continuance of the Agreement is not obtained, the Subadviser will continue to act as investment subadviser with respect to such Portfolio pending the required approval of the Agreement or its continuance or of a new contract with the Subadviser or a different adviser or subadviser or other definitive action; provided, that the compensation received by the Subadviser in respect of such Portfolio during such period is in compliance with Rule 15a-4 under the Investment Company Act. This Agreement may be terminated at any time, without the payment of any penalty, by the Trustees of the Trust, by the vote of a majority of the outstanding voting securities of the Trust, or with respect to any Portfolio by the vote of a majority of the outstanding voting securities of such Portfolio, on sixty days' written notice to the Adviser and the Subadviser, or by the Adviser or Subadviser on sixty days' written notice to the Trust and the other party. This Agreement will automatically terminate, without the payment of any penalty, in the event of its assignment (as defined in the Investment Company Act) or in the event the Advisory Agreement between the Adviser and the Trust terminates for any reason.

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