DURATION OF FRAMEWORK AGREEMENT Sample Clauses

DURATION OF FRAMEWORK AGREEMENT. This Framework Agreement shall come into force and effect upon its execution and shall continue in force and effect until the earlier of (i) the Framework Agreement End Date; or (ii) the termination by either Party upon notice to the other Party, immediately effective upon the receipt of such notice, provided, however, that the provisions of this Framework Agreement shall survive in respect of any executed GTA for such period and to the extent necessary for the performance of any obligation under such GTA and for no other purpose. Validity of the Framework Agreement may be extended by the mutual agreement of the Parties.
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DURATION OF FRAMEWORK AGREEMENT. 3.1 Subject to Clause 3.2 below, this Framework Agreement shall come into force on the Commencement Date and shall continue in force thereafter for a period of two (2) years, this period being referred to as the „Initial Term‟, unless terminated earlier in accordance with the terms of this Framework Agreement. 3.2 The Customer shall have the option, at any time during the term of this Framework Agreement, to extend the term of this Framework Agreement by a period of up to two
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DURATION OF FRAMEWORK AGREEMENT. The Framework Agreement shall run from the date of its signing by the Central Government Authority and the respective contractors up to two (2) years from this date. The Central Government Authority and Contracting Authority reserve the right to extend the Framework Agreement by a further period of one (1) year subject to agreement between the Central Government Authority and the contractor/s.
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DURATION OF FRAMEWORK AGREEMENT. This agreement shall be made for a definite period from xx/xx/xxxx and expires on xx/xx/xxxx. If it is needed the agreement can be extended.
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DURATION OF FRAMEWORK AGREEMENT. FRAMEWORK PERIOD
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Related to DURATION OF FRAMEWORK AGREEMENT

  • Framework Agreement 4.1.2.1 The Parties shall enter into a Framework Agreement within 28 days after the Contractor receives the Letter of Acceptance, unless the Particular Conditions establish otherwise. The Framework Agreement shall be based upon FORM No. 3 – FRAMEWORK AGREEMENT annexed to the Particular Conditions. The costs of stamp duties and similar charges (if any) imposed by law in connection with entry into the Framework Agreement shall be borne by the Procuring Entity. 4.1.2.2 The Framework Agreement establishes the terms and conditions that will govern the contract awarded during the term of the Framework Agreement. The Framework Agreement establishes for the procurement works by package as and when required, over the specified period of time. The Framework Agreement does not commit a Procuring Entity to procure, nor a Firm to supply. The Framework Agreement allows the Procuring Entity to call the Contractor to commence the works on a particular package in a specified location within the duration of the agreement. 4.1.2.3 This Framework Agreement does not guarantee the contractor of being called for a contract to start and no commitment is made with regard to possible number of packages to carry out. 4.1.2.4 This Framework Agreement does exclude the Procuring Entity from the right to procure the same Works from other firms. 4.1.2.5 This Framework Agreement does not stop the Procuring Entity from removing the contractor from the same Agreement. 4.1.2.6 FAs shall be established for a maximum period of three (3) years. The Procuring Entity may with the Consent of the Contractor extend this Agreement if the agreement period is less than three (3) years, if the initial engagement has been satisfactory. 4.1.2.7 Call-off Contracts; for work on a package to start, the Procuring Entity shall issue a notice of acceptance of a particular package requesting the contractor to furnish a Performance Security and to start the works thereafter, and providing the contractor with details of location where the works, are to be carried out. The call-off statement shall specify the objectives, tasks, deliverables, timeframes and price or price mechanism. The price for individual call-off contracts shall be based on the prices detailed in the Framework Agreement.

  • DURATION OF AGREEMENT All agreements and obligations of the Company contained herein shall continue during the period Indemnitee serves as a director or officer of the Company or as a director, officer, trustee, partner, manager, managing member, fiduciary, employee or agent of any other corporation, partnership, joint venture, trust, employee benefit plan or other Enterprise which Indemnitee serves at the request of the Company and shall continue thereafter so long as Indemnitee shall be subject to any possible Proceeding (including any rights of appeal thereto and any Proceeding commenced by Indemnitee pursuant to Section 14 of this Agreement) by reason of Indemnitee’s Corporate Status, whether or not Indemnitee is acting in any such capacity at the time any liability or expense is incurred for which indemnification or advancement can be provided under this Agreement.

  • Terms of Agreement In consideration of the mutual representations, warranties, covenants and agreements contained herein, the parties hereto agree as follows:

  • COMPLETION OF AGREEMENT This document comprises the entire agreement between the District and the Association in the matters lawfully within the scope of negotiation. Neither party shall have any obligation to meet and negotiate during the term of this agreement.

  • COMMENCEMENT OF WORK UNDER A SOW AGREEMENT Commencement of work as a result of the SOW-RFP process shall be initiated only upon issuance of a fully executed SOW Agreement and Purchase Order.

  • Duration of the Agreement This Agreement shall come into effect on the day and year stated in Box 4 and shall continue until the date stated in Box 17. Thereafter it shall continue until terminated by either party giving to the other notice in writing, in which event the Agreement shall terminate upon the expiration of a period of two months from the date upon which such notice was given.

  • ADDENDUM Notwithstanding the provisions of this Agreement, the award shall be subject to any special terms and conditions for the Participant’s country set forth in the Addendum to this Agreement. To the extent any provision in the Addendum is inconsistent with a provision in the body of this Agreement, the provision in the Addendum shall prevail. Moreover, if the Participant relocates to one of the countries included in the Addendum, the terms and conditions for such country will apply to the Participant to the extent the Company determines that the application of such terms and conditions is necessary or advisable for legal or administrative reasons.

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