Duration of the Agreement and Termination Sample Clauses

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...
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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. 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. 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 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. 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 day and year referred in Clause 2 and shall continue until it is terminated:
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Duration of the Agreement and Termination of the Contractual Relationship
Duration of the Agreement and Termination. 2.1 This agreement shall be in force for a period of five years. The effective date of this agreement is April 1, 1999. During the course of this agreement, both ASML and Mr. Dunn may terminate this agreement. A notice period of six xxxxxx shall apply in case ASML terminates and a notice period of three months shall apply in case Mr. Dunn terminates. Any notice hereunder will be given per txx xxx xf a calendar month. 2.2 No later than October 1, 2003, ASML and Mr. Dunn will discuss the possibilities and conditions of an xxxxxxxxn of the employment relationship after April 1,
Duration of the Agreement and Termination. 13.1 This Agreement is concluded for a minimum duration of 24 [twenty-four] months. Thereafter, the Agreement automatically renews on a yearly basis, unless it is terminated by either Party, observing a notice period of three months. Apart from that, the right to ordinary cancellation is excluded for both Parties. 13.2 The right to extraordinary cancellation shall remain unaffected. The Operator may terminate the Agreement on extraordinary grounds – in particular, 13.2.1 in the event of severe violation of the ERGaR Rules at Sanction Level 3, as stipulated in the ERGaR Rules;
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