Duration, Suspension and Termination. The Agreement is of unlimited duration. Paynovate, at its own discretion, and taking into consideration a specific situation, giving preference to execution of legal acts applied to the activity of Paynovate, and interests of the Client, has the right to unilaterally and without a prior notice apply one or several of the following measures: - To suspend execution of one or several Payment transfers - To suspend the provision of all or part of Services to the Client - To detain the client’s funds that are matter of dispute - To block the Account (i.e. fully or partially suspend Payment Transactions on the Account) - To refuse to provide Services - To return arrested funds from the Account of the Client to the primary sender funds The aforementioned measures may be applied only in the following exceptional cases : - If the Client essentially violates the Agreement or its Supplements - If the activities of the client using a Paynovate Account have the potential to harm Paynovate’s business reputation - If the Client fails to complete the necessary identification procedures, or submit information required by Paynovate, or the Client provides information that does not conform to the requirements stipulated by legislation or Paynovate - If Paynovate receives substantiated information about the Client’s liquidation or bankruptcy case - In cases specified by legislation - In other cases stated in the Agreement or its Supplements. You may terminate the Agreement and close your account by giving thirty (30) days written notice (by any medium). The closure commences on the day a party issues the written notice. Once the closure has come into effect the Client can no longer give instructions concerning accounts, and Paynovate may reject any such instructions. Once the closure is effective Paynovate stops all related services. Any funds remaining after the closure of the online account will be transferred to any other external business bank account as indicated in the closure notice. Paynovate has the right to terminate the Agreement giving at least two (2) months’ notice to the Client by post or email, at the last communication address declared by the Client or by another durable medium. Without prejudice to all other available rights of Paynovate under the applicable laws or this Agreement, and unless otherwise provided in the Specific Terms and Conditions, the Agreement may be terminated by Paynovate with immediate effect and without compensation fee if one of the f...
Duration, Suspension and Termination. The present GTCU are concluded for an indefinite period of time as from their acceptance by the User.
Duration, Suspension and Termination. 6.1 This Project Agreement shall enter into force on the Effective Date and shall continue in full force and effect until complete fulfilment of all obligations undertaken by the parties under this Project Agreement.
Duration, Suspension and Termination. 1. This Agreement shall become effective on the Agreement Date and shall, subject to Article 23 and, Article 26 as well as this Article, continue in full force and effect for an indefinite pe- riod of time, unless in the event that T2S as a whole is terminated by the Eurosystem, in which case the Agreement shall be terminated with a minimum notice period of 365 days.
Duration, Suspension and Termination. 21.1 This Agreement shall, subject to Clauses 21.2 to 21.7 (inclusive), commence on the Commencement Date and continue for the duration of the Initial Term unless terminated in accordance with this Agreement.
Duration, Suspension and Termination. This agreement shall commence on the date the last of the Parties signs this agreement and shall continue thereafter unless and until terminated in accordance with this agreement. Each Order shall, subject to Clauses 12.3 to 12.7 (inclusive), Part B Clause 12 (Suspension of Managed Service) and Part C Clause 6 (Suspension of Services) commence on the Commencement Date or Acceptance Date (as applicable) and continue for the duration of the Initial Term unless terminated in accordance with this agreement. On expiration of the Initial Term, each Order will be automatically renewed for successive 1-year periods unless and until it is terminated in accordance with this agreement (each period a “Renewal Term”). Either Party may terminate any Order on giving to the other not less than one hundred and eighty (180) days’ prior written notice of termination, provided that such termination may only take effect on the date of expiry of the Initial Term or relevant Renewal Term of that Order, and shall not affect any remaining Orders, or this agreement as a whole. The agreement or any Order or Orders may be terminated by either Party on written notice to the other Party:
Duration, Suspension and Termination. 10.1. Subject to the remainder of this clause this Agreement shall continue for the Initial Term. At the end of the Initial Term, the Parties may agree to extend this Agreement for subsequent periods of 1 (one) year, any such extension shall be recorded in writing and include confirmation of any increases to the Service Charge as advised by Reliance.
Duration, Suspension and Termination. This agreement shall commence either (i) on the date the last of the Parties signs this agreement; or (ii) if the Parties do not sign this agreement then on the date the last of the Parties signs the first Order; and shall continue thereafter unless and until terminated in accordance with this agreement. Each Order shall, subject to Clauses 12.3 to 12.7 (inclusive), Part B Clause 12 (Suspension of Managed Service) and Part C Clause 6 (Suspension of Services) commence on the Commencement Date or Acceptance Date (as applicable) and continue for the duration of the Initial Term unless terminated in accordance with this agreement. On expiration of the Initial Term, each Order will be automatically renewed for successive 1-year periods unless and until it is terminated in accordance with this agreement (each period a “Renewal Term”). Either Party may terminate any Order on giving to the other not less than one hundred and eighty (180) days’ prior written notice of termination, provided that such termination may only take effect on the date of expiry of the Initial Term or relevant Renewal Term of that Order, and shall not affect any remaining Orders, or this agreement as a whole. The agreement or any Order or Orders may be terminated by either Party on written notice to the other Party:
Duration, Suspension and Termination. 16.1. This Agreement shall, subject to Clauses 16.2 to 16.6 (inclusive), commence on the Commencement Date and continue until the expiry of the last of the Services, unless or until terminated by Customer giving to the other not less than thirty days written notice to terminate this Agreement. Either Party may terminate any of the Service after the expiry of its Service Term, upon thirty day’s written notice.
Duration, Suspension and Termination. 12.1 This Agreement shall be for the term specified by Customer on the Order Form as applicable (the "Initial Term"). This Agreement will automatically continue at the end of the Initial Term, unless either party provides written notice to the other of its intention not to renew this Agreement at least thirty (30) days prior to the end of the then current term. Should the Term continue after the Initial Term, the Term will continue until thirty (30) days notice is given by either party to the other Party. The Initial Term and any continuation thereof is referred to herein as the "Term" of this Agreement.
