Duration of Contract and Automatic Renewal. The term of this Agreement shall be for three (3) years commencing on September 1, 2011, and extend through the federal fiscal years 2012-2014, which ends August 30, 2014, unless an earlier date of termination is fixed by the HUD pursuant to law. This Agreement will be automatically renewed for participation in successive three (3) year qualification periods, unless either the County or Municipality provide written notice to the other party that it elects not to participate in the next three (3) year period. By no later than May 3rd of the final year of the three (3) year ongoing program, the County will notify the participating Municipality, in writing, of its decision not to participate in the next qualification period. By no later than June 3rd of the final year of the ongoing three (3) year program, the municipality shall provide written notice to the Newark Area Office of HUD and the County of its decision not to participate in the next qualification period. The determination not to participate by either party shall remain in effect for the next three (3) successive years. In no case may the Municipality drop out of an ongoing three (3) year program except as a result of HUD action. The County and Municipality shall adopt any amendment to this Agreement incorporating changes necessary to meet the requirements for Cooperation Agreements set forth in the Urban County Qualification Notice applicable for any subsequent three (3) year qualification period, and to submit such amendment to HUD at the time of such automatic renewal, and that such failure to comply will void the automatic renewal for such qualification period. The terms of this Agreement shall remain in effect until CDBG (and HOME where applicable) funds and program income received with respect to activities carried out during the three (3) year period are expended and funded activities completed.
Duration of Contract and Automatic Renewal. 3.1 This Contract is binding from the date of signature on the Order unless terminated earlier in accordance with clause 15 and acts as an instruction to proceed. The duration of the term will begin when the product or service is activated ‘Start date’. This is irrespective of whether related products or services have been activated. Therefore, the contract term start dates may vary by product or service. The term of the Contract shall automatically extend for an Extended Term at the end of the Initial Term and at the end of each Extended Term, unless you give written notice to us not later than 90 days before the end of the Initial Term or the relevant Extended Term, to terminate this Contract at the end of the Initial Term or the relevant Extended Term, as the case may be. You acknowledge that 90 days notice to terminate the Contract at the end of the Initial Term or any Renewal Term is a reasonable period in order for us to mitigate any costs, expenses, losses or damages which we may incur as a result of the termination of our contracts with third party suppliers involved in the provision of the Services to you.
Duration of Contract and Automatic Renewal. 1. This Contract shall begin on the date of signature of the Order by both parties, and, unless terminated earlier in accordance with clause 15, shall continue for the Initial Term.
Duration of Contract and Automatic Renewal. 3.1 This Contract shall begin on the date of signature of the Order by both parties, and, unless terminated earlier in accordance with clause 15, shall continue for the Initial Term. The term of the Contract shall automatically extend for an Extended Term at the end of the Initial Term and at the end of each Extended Term, unless you give written notice to us not later than 90 days before the end of the Initial Term or the relevant Extended Term, to terminate this Contract at the end of the Initial Term or the relevant Extended Term, as the case may be. You acknowledge that 90 days notice to terminate the Contract at the end of the Initial Term or any Renewal Term is a reasonable period in order for us to mitigate any costs, expenses, losses or damages which we may incur as a result of the termination of our contracts with third party suppliers involved in the provision of the Services to you.
