Contract Period and Termination Sample Clauses

Contract Period and Termination. (a) Stonegate shall act as the Company’s non-exclusive placement agent under this Agreement for a period commencing on the Effective Date, and continuing until terminated by either Party upon 10 days notice to the other Party (the “Contract Period”). (b) Upon termination, neither party will have any further obligation under this Agreement, except as provided in Sections 5, 6, 7, 8, 9 and 10 hereof.
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Contract Period and Termination. This agreement shall be effective for the period beginning the 1st day of May, 2012, and shall terminate on December 31, 2012, unless canceled sooner with or without cause, by any party giving thirty (30) days prior written notice of such cancellation. This agreement shall be non-renewable unless specifically authorized by official action of the parties hereto.
Contract Period and Termination. (a) Stonegate shall act as the Company’s exclusive placement agent under this Agreement for a period commencing on the Effective Date and continuing for a period of ninety (90) days (the “Exclusivity Period”); thereafter, Stonegate shall act as the Company’s non-exclusive placement agent under this Agreement continuing until terminated by either Party upon 10 days notice to the other Party (the “Contract Period”). Provided, however, that the Company shall not be allowed to terminate this Agreement during the period that Stonegate is the exclusive placement agent. (b) Upon termination, neither party will have any further obligation under this Agreement, except as provided in Sections 5, 6, 7, 8, 9 and 10 hereof.
Contract Period and Termination. 1. This contract will come into effect on April 18, 2023 and will last for 5 years. Unless Party A notifies Party B in writing not to renew the contract 90 days before the expiration of this contract, this contract will be automatically renewed for one year according to the original conditions; the same applies thereafter. 2. When any party violates the provisions of this contract, the non-breaching party may urge the breaching party to make corrections within a specified time limit; if the correction is not made within the time limit, the non-breaching party may terminate this contract and claim damages from the breaching party. However, if either party has any of the following circumstances, the non-violating party may terminate this contract without a written notice: (1) Those who violate the provisions of Article 12 of this contract. (2) Subject to suspension of business, revocation of business license, cancellation of business registration, or business transfer, change, or merger. (3) Those who apply for reconciliation according to law, declare bankruptcy, reorganize the company, refuse to deal with the clearing house, or check the records of bounced checks, or dissolve and liquidate debts. (4) Subject to compulsory execution or false seizure, false disposition or other preservation or final disposition, resulting in failure to perform this contract or the possibility of failure to perform. 3. When this contract is terminated or expires, Party B shall no longer use the information provided by Party A and all content and materials obtained by Party B due to the performance of this contract (including but not limited to related technologies and foundry objects, etc., regardless of whether they are backup files , electronic records, summaries or checklists, etc.), and shall immediately be returned to Party A or destroyed upon Party A’s request. Party B shall also ensure that its third party shall follow the aforementioned agreement, and at the request of Party A, Party B shall deliver to Party A the certificate that the aforementioned data has been destroyed. 4. Clause 5 of Article 2, Cxxxxx 3 of Article 4, Clause 4 of Article 4, Cxxxxx 5 of Article 4, Article 5, Article 7, Article 8, and Cxxxxx 1 of Article 10 of this contract, Clause 2 of Article 10, Cxxxxx 5 of Article 10, and Articles 11 to 18 shall remain valid after the termination or expiration of this contract. Unless otherwise stipulated in this contract, the termination or expiration of this co...
Contract Period and Termination. 13.1. The User has the right without any judicial intervention to terminate all Agreements concluded between the User and the Customer with immediate effect, without being liable for damages and without prejudice to any of its other rights, if: a. the Customer is declared bankrupt or is granted a suspension of payment; b. a petition in bankruptcy or a petition for a suspension of payment is filed against the Customer; c. the Customer offers its creditors a composition; d. the Customer ceases or is about to cease its business; e. any circumstances that have come to the User’s attention after conclusion of the Agreement that provide valid reason to fear that the Customer will fail to perform its obligations correctly and/or in time, and/or if in the User’s opinion collection of current or future claims cannot be guaranteed; f. the Customer fails to perform any of its obligations under the Agreement or on the basis of applicable law, or to do so in full or in time, after having been given fourteen (14) days to cure any such default by the User; g. due to a delay on the part of the Customer the User can no longer be required to perform the Agreement on the conditions originally agreed upon; or h. circumstances occur of such a nature that performance of the Agreement is impossible or the User cannot reasonably be required to continue the Agreement on the conditions originally agreed upon. 13.2. On termination of the Agreement all claims that the User has against the Customer will be immediately due and payable and the User is entitled to payment for the work already performed under the Agreement and the costs incurred by it till the moment of termination. 13.3. If the Agreement is terminated on the basis of Article 13.1, the User is entitled to reimbursement of the loss, including the costs, consequently incurred by it and/or damages suffered. In the event of termination or suspension of the Agreement, the User is in no event liable for loss and/or damages incurred by the Customer unless the suspension or termination is based on facts and circumstances resulting from recklessness or gross negligence on the part of the User.
Contract Period and Termination. The term of this Agreement will be initially for one (1) year from the Effective Date and will be automatically extended for successive one (1) year periods, unless at anytime any party elects to terminate this Agreement and gives at least thirty (30) days prior written notice of termination to each other party.
Contract Period and Termination. 16.1 The contract between the contracting parties shall run for the term specified in the individual agreement(s). If a minimum term is not specified, a minimum term of 12 months shall apply. If such an agreement is not terminated within 3 month's notice to the end of the term, it is automatically prolonged for another 12 months. If and as long as the Customer uses the UBIRCH Services free of charge, the contract may be terminated by either party at any time without notice. 16.2 Both parties to the contract reserve the right of extraordinary termination for a compelling reason (Section 314 of the German Civil Code (BGB)). A reason entitling UBIRCH to terminate the contract without notice shall be deemed to exist if the Customer is in arrears with the payment of a sum equivalent to two months' remuneration; if the Customer is in serious breach of his obligations under Clause 8; or if the Customer is otherwise in breach of its obligations under Clause 8 and/or Clause 9 and, despite a reminder from UBIRCH, does not remedy the breach in question or fails to cease and desist. 16.3 Notices of termination must be in writing to be effective. 16.4 The Customer's user account shall be blocked when the termination takes effect. UBIRCH shall delete the user account after termination of the contract and expiry of statutory periods.
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Contract Period and Termination. 1. This Contract shall be valid and enforceable for a minimum of a month from the date on which the Service was provided to the Customer (except for the services associated with the Commitment Period as the Contract shall remain valid until the end of the Commitment Period) and shall be automatically renewed for a similar period unless the Customer requests the termination or the modification of the Service. 2. The Customer may terminate the Service any time provided that Article 6 (3) shall apply in case of termination of a Service associated with Commitment Period in accordance with the regulations, bylaws and decisions issued by the CITC. 3. In case of termination of the Service by the Customer or the Company in accordance with this Article 6 and Article 7 prior to the end of the Commitment Period, where the Customer have agreed to a Commitment Period, the Customer shall be obliged to pay the fees for the remaining of the Commitment Period at the time of termination as stipulated in this Contract. For the avoidance of doubt, termination of the Service by the Customer shall include porting the number to another operator, transfer the number to another customer, change from postpaid to prepaid, and downgrade the original package to another package with lower subscription fees.
Contract Period and Termination. The term and termination of this contract shall be governed by the provisions on the term and termination of the main contract, unless otherwise stipulated in this contract. Termination of the main contract shall automatically result in termination of this contract. An isolated termination of this contract is excluded.
Contract Period and Termination. ‌ 6.1 The License Agreement is concluded for the period agreed in the Offer. The term of the contracted Awareness Building Services shall commence on the License Agreement start date stated in the Offer ("Contract Term"). 6.2 The License Agreement shall be extended by one (1) further year in each case if the License Agreement is not terminated by either Party one (1) month before the end of the respective Contract Term. 6.3 Both the Customer and SoSafe have the right to terminate the License Agreement for cause without notice. In particular, cause for SoSafe includes 6.3.1 a serious breach by the respective Customer of the provisions of this License Agreement, or 6.3.2 the Customer failing to make due payments despite a reminder and the setting of a grace period. Any termination without notice requires that the other Party is given a written warning and is requested to eliminate the alleged reason for the termination without notice within a reasonable period. 6.4 Any notice of termination must be in text form. 6.5 After the end of the Contract Term, the Awareness Building Services will no longer be provided and the Customer's access rights to the Platform will be blocked.
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