Duration of the Agreement and Termination Sample Clauses

Duration of the Agreement and Termination. 36.1 This agreement shall commence on the last date signed below and shall continue for a period of three (3) years, unless terminated before that time in accordance with this clause 36. 36.2 This agreement may be renewed for a further period subject to a satisfactory renewal review in accordance with clause 11.4 above. Either party may terminate this Agreement by giving at least one year's written notice to the other party. 36.3 Either party may by notice to the other party terminate this agreement forthwith if the other: a) Is in material breach (which may consist of a series of minor breaches) of any of the terms of this agreement and, where the breach is capable of remedy, fails to remedy such breach within two months of service of a notice from the party not in breach specifying the breach and requiring it to be remedied; b) Has a receiver, manager, administrator or administrative receiver appointed over its assets, undertaking or income, or has passed a resolution for, or an order is made for, its winding up, or the equivalent of any of the above occurs in the jurisdiction to which that party is subject; c) Is subject to a change of control, such as a merger or take-over; d) Acts in a way deemed by the other party to bring, or be likely to bring, the other party into disrepute or to damage its reputation. 36.4 Either party may terminate this agreement forthwith by notice to the other if, in that party's reasonable opinion, the academic standards of the other party's awards or the learning opportunities provided to students are at serious risk, or if either party fails to comply with any requirements imposed by the other as a result of a review carried out in accordance with section 11.4, 11.5 or 11.6. 36.5 Where this agreement terminates for any reason or where notice to terminate this agreement has been given in accordance with this clause 36, the parties shall: a) Cease to promote or market the programme(s) and shall not register any new students; b) Use their reasonable endeavours to ensure that each student registered on the programme is allowed to complete it, and the parties shall co-operate with the intention of facilitating this (“Teach Out Period”). 36.6 The Teach Out Period shall continue until all students have completed their Programme or have ceased to be registered as students. 36.7 At the conclusion of the Teach Out Period: a) Each party shall cease using the other's name and/or logo; b) Each party shall ensure that any documents or ma...

Duration of the Agreement and Termination. The Agreement is concluded for a fixed term as laid down in Article III of the Special Conditions. If the contract is concluded for a period of 1 month, the contract will never end before the end of this period and may be terminated by theuser at any time with effect from the following month , by registered letter with a notice period of 1 month. If the contract is not terminated by contract or by agreement, or if the user remains in the office after the agreed period without objection from OFFIS, the contract will be tacitly renewed for an indefinite period under the same conditions, it being understood that, after renewal, the contract can be terminated at any time by registered letter with a notice period of 1 month. The notice period starts on the first day of the month following the date of sending of the registered letter. OFFIS will be entitled to terminate the contract immediately by registered letter in the event of default by the user in the payment of the fee mentioned in Article IV, in the event of non-compliance with other provisions of this contract or in the event of bankruptcy, liquidation or in the event of obvious insolvency and a change in the user's legal situation. In case of termination of the agreement the user shall immediately make all necessary changes concerning the postal address and registered office within 30 days after the termination of this agreement. If the change of registered office does not take place, a cost of 125 euros per month will be charged, without prejudice to the right to compensation for the actual damage suffered. At the end of this contract, for whatever reason, the user will vacate the premises made available to him, with the exception of all the goods which, in accordance with Article II of the Special Terms and Conditions and a description of the premises drawn up by the parties at the start of the contract (Article3 of the general terms and conditions), belong to the furniture of OFFIS, and will make them available to OFFIS properly cleaned and in their original state. An outbound inventory of the furniture and inventory of the premises will be made, at the latest on the last day of the agreement, after the premises have been vacated by the user: the costs of this will be borne by both parties, each for half. If after the termination of the contract there are still goods belonging to the user in the room made available, OFFIS may remove these by operation of law and without warning at the expense of the...

Duration of the Agreement and Termination. 8.1. Subject to clause 8.2 below this agreement shall continue for the duration of the Project unless the Parties agree to terminate at an earlier date.

Duration of the Agreement and Termination. This agreement will come into force with the acceptance of the partner into the Xxxxx Xxxx Partner Programme and will be valid for an indeterminate period of time. It can be ended by either party with immediate effect without giving reasons.

Duration of the Agreement and Termination. 8.1 This Agreement shall come into effect on the day and year referred in Clause 2 and shall continue until it is terminated: (a) by the either party in accordance with Clause 2; (b) by the Commercial Manager forthwith on the giving of written notice to the Company if: (i) any moneys payable by any member of the Group under this Agreement shall not have been received in the Commercial Manager’s nominated account within ten (10) calendar days of receipt by the Company of the Commercial Manager’s written request; or 3 (ii) any Vessel is repossessed by a secured creditor. (c) by either the Company or the Commercial Manager at any time on the giving of notice if the other is in breach of any material term of this Agreement and that breach is not remedied, within 10 Business Days of the terminating party giving notice to the party in breach, to the satisfaction of the terminating party (acting reasonably). 8.2 This Agreement shall be deemed to be terminated (a) in relation to a Vessel (and the Shipowning Subsidiary which is the owner of that Vessel) in the case of the sale of that Vessel or if that Vessel becomes a total loss or is declared as a constructive or compromised or arranged total loss or is requisitioned. The Vessel shall not be deemed to be lost unless either she has become an actual total loss or agreement has been reached with her underwriters in respect of her constructive, compromised or arranged total loss or if such agreement with her underwriters is not reached it is adjudged by a competent tribunal that a constructive loss of the Vessel has occurred; (b) in the event of an order being made or resolution passed for the winding up, dissolution, liquidation or bankruptcy of either party (otherwise than for the purpose of reconstruction or amalgamation) or if a receiver is appointed, or if it suspends payment, ceases to carry on business or makes any special arrangement or composition with its creditors.

Duration of the Agreement and Termination. This Agreement shall come into effect on the Effective Date and shall continue for 1 year after the Effective Date and shall be authomatically renewed at the end of each anniversary from the Effective Date, until and unless terminated by either Party giving to the other not less than three months’ prior notice in writing, in which event the term of management under this Agreement shall terminate and the Service Provider shall cease to be responsible for the provision of the Staff Services on and from the time and date specified in such notice. In the event of the appointment of the Service Provider being terminated by the Client for any reason whatsoever, the Service Provider shall be entitled to receive from the Client a termination payment equal to 2 times the prior 12 months Management Fees due to the Service Provider as outlined in Clause 7. If termination is for default of the Service Provider in performing its obligations or as a result of the Service Provider not being permitted by applicable law to perform the Staff Services or due to the insolvency of the Service Provider, then no termination payment is due.

Duration of the Agreement and Termination. 5.1. The Agreement shall commence on the date it is signed by the Parties and continue in effect for an indefinite period of time. 5.2. This Agreement may be terminated by either party upon giving 5 days written notice, provided that the obligations under this Agreement have been fully performed. 5.3. The Bank may suspend the provision of services under the Agreement for a period agreed by the Parties (at least one and not more than three months). The System service fee is not charged during the period of suspension. A suspension of operations is effective from the first day of the month, following the month when the application for suspension has been filed or the current month. 5.4. Shall the Customer lack infrastructure (technical capabilities) to communicate with the Bank and fails to act, the Bank shall terminate this Agreement unilaterally upon giving 5 days written notice. 5.5. The Parties undertake to settle all disputes arising out of or in connection with the Agreement through negotiation. If parties fail to reach any agreement through negotiation, the court shall handle the dispute in accordance with the legislation of the Republic of Belarus. 5.6. All other issues not stipulated by this Agreement shall be governed by the laws of the Republic of Belarus.

Duration of the Agreement and Termination. This Agreement shall come into effect on the day and year referred in Clause 2 and shall continue until it is terminated:

Duration of the Agreement and Termination. 2.1. This Agreement shall last for an indefinite period of time. The effective date of this Agreement is 1 August 2000. This Agreement shall terminate by operation of law when the Executive has reached the age of 62 years. 2.2. Subject to the limitations set forth in Article 2.3, each party can terminate the Agreement by giving the other party written notice of the termination. The Company shall observe a notice period of at least 4 months. The Executive shall observe a notice period of at least 2 months. If the Company provides the Executive written notice of termination pursuant to this article (for reasons other than urgent cause ("dringende reden") within the meaning of articles 7:677, section 1 and 7:678 of the Dutch Civil Code) after August 1, 2001, then the Executive shall continue to receive only his base salary as provided in Article 3 and the emoluments set forth in Articles 6, 7, and 8 of this Agreement during the notice period until the date of termination of the Agreement, and, upon termination of the Agreement, the Executive shall receive a lump sum payment equal to the sum of (i) his gross annual base salary as provided in Article 3 and in effect at the time of termination, (ii) his target annual bonus as provided in Article 4 (67% of gross annual base salary) in effect at the time of termination and (iii) for each whole year of employment that has elapsed since August 1, 2000, two months of gross base salary as provided in Article 3 and in effect at the time of termination. Notwithstanding the foregoing, the number of months of gross base salary that will be paid to the Executive under subparagraph (iii) above shall not be less than 8 months and shall not be more than 20 months; provided, however, that the number of months of base salary payable under subparagraph (iii) above shall not exceed the number of months between the date of termination of the Agreement and the date the

Duration of the Agreement and Termination. 2.1 This agreement shall be in force for a period of five years. The effective start date of this agreement is 1 November, 2000. During the course of this agreement, both ASML and Xx XxXxxxxx may terminate this agreement. A notice period of six months shall apply in case ASML terminates and a notice period of three months shall apply in case Xx. XxXxxxxx terminates. Any notice hereunder will be given per the end of a calendar month. 2.2 No later than 31 December, 2004, ASML and Xx. XxXxxxxx will discuss the possibilities and conditions of an extension of the employment relationship after 31 October, 2005. If agreement on an extension is not reached before 1 May, 2005, this agreement will end automatically on 31 October, 2005. 2.3 In the case ASML terminates this agreement during its initial term of five years, Xx XxXxxxxx will be entitled to a severance payment equal to the lesser of: (a) the gross all-in base salary as mentioned in article 3.1 for the remaining term of this agreement; (b) one annual gross all-in base salary as mentioned in article 3.1, unless such termination takes place for an "urgent cause" in the sense of article 7:678 of the Dutch Civil Code. 2.4 Apart from the severance payment set out in article 2.3, Xx. XxXxxxxx shall not be entitled to any further payment of severance, damages or the like in case of termination of the employment agreement. 2.5 ASML and Xx. XxXxxxxx hereby declare that the severance payment as set out in article 2.3 is fair, reasonable and sufficient payment in relation to the termination of his employment agreement during the course of the five-year period.