Common use of Duration of the Framework Agreement Clause in Contracts

Duration of the Framework Agreement. 2.1 This Framework Agreement enters into force on the date that it is signed by both Parties. It has a term of […] year(s) [, <OPTIONAL> with the option of extension by [period of extension] under the same conditions to be exercised unilaterally by the Contracting Authority]. (Instruction: The total term of the Framework Agreement including any extensions may not exceed four years.) [<OPTIONAL> The Contracting Authority must notify the Contractor in writing no later than … months before the expiry of the initial / then applicable term of the Framework Agreement if it intends to exercise its option to extend the Framework Agreement. If the Contracting Authority does not exercise its option to extend the Framework Agreement, it will end automatically upon expiry of the term referred to in the first sentence of this article / of the term applicable at that time.] [Instruction: include only if the option to extend the Framework Agreement is included.] Termination of this Framework Agreement for whatever reason does not affect rights and obligations resulting from (a) Call-off Contract(s). The terms of this Framework Agreement continue to apply to all Call-off Contracts remaining in force after this Framework Agreement has expired.

Appears in 2 contracts

Samples: Model Public Service Contract, Framework Agreement

AutoNDA by SimpleDocs

Duration of the Framework Agreement. 2.1 This Framework Agreement enters into force on the date that it is signed by both Parties. It has a term of […] year(s) [, <OPTIONAL> >, with the option of extension by [period of extensionperiod] under the same conditions to be exercised unilaterally by the Contracting Authority]. (Instruction[Instructions: The total term of the Framework Agreement including any extensions may not exceed four years.) ] [<OPTIONAL> The Contracting Authority must notify the Contractor in writing no later than … months before the expiry of the initial / then applicable term of the Framework Agreement if it intends to exercise its option to extend the Framework Agreement. If the Contracting Authority does not exercise its option to extend the Framework Agreement, it will end automatically upon expiry of the term referred to in the first sentence of this article / of the term applicable at that time.] [InstructionInstructions: include only if the option to extend the Framework Agreement is included.] Termination of this Framework Agreement for whatever reason does not affect rights and obligations resulting from (a) Call-off Contract(s)Contracts. The terms of this Framework Agreement continue to apply to all any Call-off Contracts remaining in force after this Framework Agreement has expiredended.

Appears in 1 contract

Samples: Model Public Service Contract

Duration of the Framework Agreement. 2.1 This Framework Agreement enters into force on the date that it is signed by both Parties. It has a term of […] year(s) [, <OPTIONAL> with the option of extension by [period of extension] under the same conditions an option, to be exercised unilaterally by the Contracting Authority]. (, to extend it under the same conditions for a period not exceeding … year(s) / months [Instruction: The total the maximum term of the Framework Agreement Agreement, including any extensions may not exceed extensions, is four years.) []. <OPTIONAL> The Contracting Authority must notify the Contractor in writing no No later than three months before the expiry of the initial / then applicable term of the Framework Agreement Agreement, the Contracting Authority will notify the Contractor in writing if it the Contracting Authority intends to exercise its option to extend the Framework Agreement. If the Contracting Authority does not exercise its option to extend the Framework Agreement, it will end automatically upon expiry of the term referred to in the first sentence of this article / of the term applicable at that time.] article. [Instruction: include only if the option to extend the Framework Agreement is included.] Termination of this Framework Agreement for whatever reason does not affect the rights and obligations resulting from (a) any Call-off Contract(s)Contracts. The terms of this Framework Agreement continue to apply to all any Call-off Contracts remaining in force after this Framework Agreement has expiredended. The duration of any Call-off Contracts awarded to the Contractor under this Framework Agreement will be laid down in each individual Call-off Contract.

Appears in 1 contract

Samples: Framework Agreement

Duration of the Framework Agreement. 2.1 This Framework Agreement enters into force on the date that it is signed by both Parties. It has a term of […] year(s) [, <OPTIONAL> >, with the option of extension by [period of extensionperiod] under the same conditions to be exercised unilaterally by the Contracting Authority]. ([Instruction: The total term of the Framework Agreement including any extensions may not exceed four years.) ] [<OPTIONAL> The Contracting Authority must notify the Contractor in writing no later than … months before the expiry of the initial / then applicable term of the Framework Agreement if it intends to exercise its option to extend the Framework Agreement. If the Contracting Authority does not exercise its option to extend the Framework Agreement, it will end automatically upon expiry of the term referred to in the first sentence of this article / of the term applicable at that time.] [Instruction: include only if the option to extend the Framework Agreement is included.] Termination of this Framework Agreement for whatever reason does not affect rights and obligations resulting from (a) Call-off Contract(s)Contracts. The terms of this Framework Agreement continue to apply to all any Call-off Contracts remaining in force after this Framework Agreement has expiredended.

Appears in 1 contract

Samples: Framework Agreement

AutoNDA by SimpleDocs

Duration of the Framework Agreement. 2.1 This Framework Agreement enters into force on the date that it is signed by both Parties. It has a term of […] year(s) [, <OPTIONAL> with the option of extension by [period of extension] under the same conditions an option, to be exercised unilaterally by the Contracting Authority]. (Instruction, to extend it under the same conditions for a period not exceeding … year(s) / months [Instructions: The total the maximum term of the Framework Agreement Agreement, including any extensions may not exceed extensions, is four years.) []. <OPTIONAL> The Contracting Authority must notify the Contractor in writing no No later than three months before the expiry of the initial / then applicable term of the Framework Agreement Agreement, the Contracting Authority will notify the Contractor in writing if it the Contracting Authority intends to exercise its option to extend the Framework Agreement. If the Contracting Authority does not exercise its option to extend the Framework Agreement, it will end automatically upon expiry of the term referred to in the first sentence of this article / of the term applicable at that time.] article. [InstructionInstructions: include only if the option to extend the Framework Agreement is included.] Termination of this Framework Agreement for whatever reason does not affect the rights and obligations resulting from (a) any Call-off Contract(s)Contracts. The terms of this Framework Agreement continue to apply to all any Call-off Contracts remaining in force after this Framework Agreement has expiredended. The duration of any Call-off Contracts awarded to the Contractor under this Framework Agreement will be laid down in each individual Call-off Contract.

Appears in 1 contract

Samples: Model Public Service Contract

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!