Common use of Effective Date and Termination of Agreement Clause in Contracts

Effective Date and Termination of Agreement. This agreement shall be in effect for five years from the date of its signing unless terminated by either institution with a six month written notice. This agreement may be extended for another period of five (5) years by mutual agreement in writing by both parties. This agreement may be amended by mutual consent of both institutions. Either party may express its desire to terminate this agreement within the regular agreement duration by serving written notice to the other party. In this case, if either party desires to balance the numbers before termination, the other party will cooperate in that effort. Otherwise, termination will take effect six months from the date of the written notice.

Effective Date and Termination of Agreement. This agreement shall be in effect for five years from the date of its signing unless terminated by either signing. At the anniversary of the agreement, each institution with will exchange a six month written noticebrief report indicating any imbalances of student numbers and/or other issues or problems. This agreement may be amended, and/or extended for another period of five (5) years by mutual agreement in writing by both parties. This agreement may be amended by mutual written consent of both institutionsinstitutions for a period beyond its original date of expiration. Either party may express its desire to terminate this agreement within the regular agreement duration by serving written notice to the other party. In this case, if either party desires to balance the numbers before termination, the other party will cooperate in that effort. Otherwise, termination will take effect six months from the date of the written notice.

Effective Date and Termination of Agreement. This agreement shall be in effect for five years from the date of its signing unless terminated by either final signing. At the anniversary of the agreement, each institution with will exchange a six month written noticebrief report indicating any imbalances of student numbers and/or other issues or problems. This agreement may be amended, and/or extended for another period of five (5) years by mutual agreement in writing by both parties. This agreement may be amended by mutual written consent of both institutionsinstitutions for a period beyond its original date of expiration. Either party may express its desire to terminate this agreement within the regular agreement duration by serving written notice to the other party. In this case, if either party desires to balance the numbers before termination, the other party will cooperate in that effort. Otherwise, termination will take effect six months from the date of the written notice.