EFFECTIVITY AND DURATION OF THIS AGREEMENT Sample Clauses

EFFECTIVITY AND DURATION OF THIS AGREEMENT. 1. This Agreement shall take effect on the date specified in Schedule B – Standard Membership Fee upon signing by the parties thereof and upon receipt by MediCard of the full membership fee, and will be in force and effect for a period of one (1) year. 2. This Agreement terminates upon expiration of the one-year period unless the same is renewed under such terms as may be agreed upon by both parties. Such agreements to be signified in writing as an amendment to this Agreement, or a new Agreement may be issued to replace the expired agreement. 3. Any aggrieved party may pre-terminate this Agreement for cause (i.e. any act of bad faith, breach of agreement, etc.), save in cases cited below, upon service of thirty (30) days notice to the other. MediCard shall have the right to immediately terminate this Agreement in the event that: (a) any material misrepresentation; or warranty made by the MEMBER is false or untrue; or if the MEMBER commits any act with the intent to defraud MediCard; or
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EFFECTIVITY AND DURATION OF THIS AGREEMENT. 1. This Agreement shall take effect on the date stated in the Schedule B - ASO Fund and Membership Information upon signing by the parties thereof and upon receipt by MediCard of the full Network Access Fee and Revolving Fund, and will be in force and effect for a period of one (1) year. 2. This Agreement terminates upon expiration of the one-year period unless the same is renewed under such terms as may be agreed upon by both parties. This AGREEMENT may be renewed upon filing the application for renewal by the COMPANY and/or Principal Member before the date of expiration of the subsisting AGREEMENT or upon signing a new AGREEMENT, and upon payment of the required revolving fund and network access fee that may be required by MediCard based on the current rates. Otherwise, the COMPANY and/or Principal Member would have to re-apply for membership in the same manner as new applicants. It is expressly agreed that all re- applications for membership in accordance with this AGREEMENT shall be subject to re- evaluation and approval by MediCard. 3. Any aggrieved party may pre-terminate this Agreement for cause (i.e. any act of bad faith, breach of agreement, etc.), save in cases cited below, upon service of thirty (30) days notice to the other. MediCard shall have the right to immediately terminate this Agreement in the event that: (a) any material misrepresentation; or warranty made by the COMPANY and/or Member is false or untrue; or if the COMPANY and/or Member commits any act with the intend to defraud MediCard; or (b) the COMPANY and/or Principal Member’s non-payment of ASO Fund in Schedule B and other obligations subject to agreed payment terms.
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EFFECTIVITY AND DURATION OF THIS AGREEMENT. 1. EFFECTIVITY DATE OF THE AGREEMENT This Agreement shall take effect on upon signing by the parties thereof and upon receipt by MediCard of the full membership fee, and will be in force and effect for a period of one (1) year.
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EFFECTIVITY AND DURATION OF THIS AGREEMENT. 1. This AGREEMENT shall take effect on upon signing by the parties thereof and upon receipt by HMO of the first periodic corporate membership fee, and will be in force and effect for a period of one (1) year. The Health Protection Program (HPP) of PDIC shall provide each PDIC employee health benefits/services, including dental services, out-patient and hospitalization benefits/services up to a maximum amount of SIX HUNDRED THOUSAND PESOS (P600,000.00), Philippine Currency, for the period covering one (1) year starting up to . Thus, all eligible MEMBERS are entitled to fresh full coverage of P600,000.00 starting 2. This AGREEMENT terminates upon expiration of the one-year period unless the same is renewed and/or extended on the day immediately upon its expiration under such terms as may be agreed upon by both parties. Such agreements to be signified in writing as an amendment and/or extension to this AGREEMENT, or a new agreement may be issued to replace the expired agreement. However, any aggrieved party may pre-terminate this AGREEMENT for cause (i.e. any act of bad faith, breach of agreement, etc.) upon service of thirty (30) days notice to the other. 3. Membership of the individual shall automatically cease upon termination of employment with the PDIC, subject to Article II, A.c. 4. The termination of this AGREEMENT will not hold HMO responsible to provide the medical and health care services described herein to such enrolled MEMBERS, who are still confined in any of the HMO Accredited Hospitals or undergoing emergency treatment in non-accredited hospitals at the time of the termination of this AGREEMENT. However, only the hospital charges applicable up to the time of termination of the AGREEMENT will be paid by HMO. 5. All HMO patients are considered to be patients of the HMO Medical Director handled by his authorized designates. As such, coverage or non-coverage of certain illness not listed herein shall be upon his discretion after proper consultation with concerned medical specialist.
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Related to EFFECTIVITY AND DURATION OF THIS AGREEMENT

  • Termination of this Agreement Prior to the Closing Date, this Agreement may be terminated by the Representatives by notice given to the Company if at any time: (i) trading or quotation of any of the Company’s securities shall have been suspended or limited by the Commission or by the New York Stock Exchange (the “NYSE”), or trading in securities generally on either the Nasdaq Stock Market or the NYSE shall have been suspended or limited, or minimum or maximum prices shall have been generally established on any of such quotation system or stock exchange by the Commission or FINRA; (ii) a general banking moratorium shall have been declared by any of federal, New York or Washington authorities; (iii) there shall have occurred any outbreak or escalation of national or international hostilities or any crisis or calamity, or any change in the United States or international financial markets, or any substantial change or development involving a prospective substantial change in United States’ or international political, financial or economic conditions, as in the judgment of the Representatives is material and adverse and makes it impracticable or inadvisable to proceed with the offering sale or delivery of the Securities in the manner and on the terms described in the Pricing Disclosure Package or to enforce contracts for the sale of securities; (iv) in the judgment of the Representatives there shall have occurred any Material Adverse Change; or (v) the Company shall have sustained a loss by strike, fire, flood, earthquake, accident or other calamity of such character as in the judgment of the Representatives may interfere materially with the conduct of the business and operations of the Company regardless of whether or not such loss shall have been insured. Any termination pursuant to this Section 10 shall be without liability on the part of (x) the Company to any Initial Purchaser, except that the Company shall be obligated to reimburse the expenses of the Initial Purchasers pursuant to Sections 4 and 6 hereof, (y) any Initial Purchaser to the Company, or (z) any party hereto to any other party except that the provisions of Sections 8 and 9 hereof shall at all times be effective and shall survive such termination.

  • Construction of this Agreement The Parties agree that each Party and its legal counsel have reviewed and revised this Agreement and that any rule of construction to the effect that ambiguities are to be resolved against the drafting Party shall not apply in the interpretation of this Agreement or any amendments or exhibits thereto.

  • Operation of this Agreement This Agreement shall take effect on and from the date of this Agreement. The parties must execute and enter into this Agreement prior to any Construction Certificate issuing for the Development.

  • Amendment of this Agreement No provision of this Agreement may be changed, waived, discharged or terminated orally, but only by an instrument in writing signed by the party against whom enforcement of the change, waiver, discharge or termination is sought, and no amendment of this Agreement shall be effective until approved in a manner consistent with the 1940 Act and rules and regulations thereunder and any applicable SEC exemptive order therefrom.

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