EFFECTIVE DATE AND TERMINATION A Sample Clauses

EFFECTIVE DATE AND TERMINATION A. This Agreement shall become effective at 12:01 a.m., Eastern Standard Time, July 1, 2018, and shall terminate at 12:01 a.m., Eastern Standard Time on July 1, 2019. B. Upon termination of this Agreement: 1. All reinsurance hereunder shall be automatically cancelled as of the date of termination and the Reinsurer shall be released of all liability as respects losses occurring on or after the date of termination. The Reinsurer shall return to the Company the unearned premiums on the business in force hereunder at the date of termination, less the commission allowed thereon. 2. Alternatively, at the Company's option, and provided written notice of the Company's election of such option is given to the Reinsurer by certified mail, electronic mail or by a courier service each producing evidence of receipt by the Reinsurer prior to the date of termination, this Agreement will terminate on a "Run-off" basis and the Reinsurer shall be liable for losses occurring on or after to the date of termination for all Policies covered hereunder and in force at the date of termination of this Agreement until their natural expiry, cancellation or next anniversary of such business, whichever first occurs; but in no case shall the Reinsurer be liable for losses occurring more than 12 months after the termination date unless the Company is required by statute or regulation to continue coverage on a Policy. In such case, the Reinsurer shall continue to be liable for losses occurring subsequent to the date of termination until the earliest date on which the Company may cancel such Policy. The Reinsurer shall return to the Company the unearned premiums, if any, less commissions applicable, for the unexpired periods. ARTICLE III – TERRITORY As respects Property Business, this Agreement applies to risks located in Florida. As respects Casualty Business, the Agreement applies to Policies issued by the Company within Florida and shall apply to losses covered hereunder wherever occurring. EFFECTIVE: JULY 1, 2018 3. POR1238172 P18-0057 7/6/2018 11:54 AM.v3
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EFFECTIVE DATE AND TERMINATION A. This Agreement will become effective on the 31st day after execution. It shall remain in effect for three years. B. It shall renew automatically for yearly periods after the third year unless either Party gives the other Party notice of its intention to renegotiate the Agreement no more than 105 days nor less than 60 days prior to the termination date. Negotiations will begin on a date mutually agreed upon by the Parties. Proposals will be submitted 30 days in advance of negotiations. The other Party will provide counterproposals 10 days in advance of negotiations. C. If renegotiation of the Agreement is in progress but not completed upon expiration of the Agreement, the Agreement is automatically extended until a new Agreement takes effect.
Sample 1
EFFECTIVE DATE AND TERMINATION A. 1000 Salary Schedules of this Agreement shall be retroactive to July 1, 2006, and all articles of this Agreement shall remain in full force and effect until June 30, 2009 (except as herein otherwise provided) and until either party desiring to change or terminate this Agreement notifies the other party at least sixty (60) days prior to June 30, 2009, or any subsequent year. Such written notice shall be sent by mail to the recognized address of the other party.
Sample 1

Related to EFFECTIVE DATE AND TERMINATION A

  • Effective Date and Termination This Agreement shall become effective as of the date of its execution, and

  • EFFECTIVE DATE AND TERMINATION OF THE CUSTODIAN AS FOREIGN CUSTODY MANAGER. The Board's delegation to the Custodian as Foreign Custody Manager of the Portfolios shall be effective as of the date hereof and shall remain in effect until terminated at any time, without penalty, by written notice from the terminating party to the non-terminating party. Termination will become effective thirty (30) days after receipt by the non-terminating party of such notice. The provisions of Section 3.2.2 hereof shall govern the delegation to and termination of the Custodian as Foreign Custody Manager of the Portfolios with respect to designated countries.

  • Effective Date and Termination of Agreement This Agreement shall become effective on January 1, 2018 and unless terminated sooner it shall continue in effect until April 30, 2018. It may thereafter be continued from year to year only with the approval of a majority of those trustees of the Fund who are not “interested persons” of the Fund (as defined in the 0000 Xxx) and have no direct or indirect financial interest in the operation of this Agreement or any agreement related to it (the “Independent Trustees”). This Agreement may be terminated as to the Fund as a whole or any class of shares individually at any time by vote of a majority of the Independent Trustees. The Investment Adviser may terminate this agreement upon sixty (60) days’ prior written notice to the Fund.

  • Effective Date and Term This Agreement shall become effective upon execution by the Parties, and remain effective until all equity interests held by Party B in Party C have been transferred or assigned to Party A and/or any other person designated by Party A in accordance with this Agreement.

  • Effective Date and Term of Agreement This Agreement is effective and binding on the Company and Employee as of the date hereof; provided, however, that, subject to Section 2(d), the provisions of Sections 3 and 4 shall become operative only upon the Change in Control Date.

  • Effective Date, Amendment and Termination A. This Agreement shall become effective as of the date executed by JPMDS or as of the first date thereafter upon which Financial Intermediary performs any service, or receives any payment pursuant hereto.

  • Effective Date Term and Termination A. This Agreement covers individual ANNUITY CONTRACTs issued by the CEDING COMPANY that:

  • Amendment and Termination No amendment, modification, termination or cancellation of this Agreement shall be effective unless it is in writing signed by both the parties hereto. No waiver of any of the provisions of this Agreement shall be deemed or shall constitute a waiver of any other provisions hereof (whether or not similar) nor shall such waiver constitute a continuing waiver.

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