Evergreen Clause Sample Clauses

Evergreen Clause. The term of this Agreement, as otherwise herein provided, shall commence on the 1st day of August 2018 and continue until the 2nd day of August 2022, and shall continue from year to year thereafter unless written notice of desire to cancel or terminate the Agreement is served by either party upon the other not more than ninety (90) days or less than sixty (60) days prior to the date of expiration.
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Evergreen Clause. If the parties have not completed a new agreement by end of the contract term specified above, the terms of this Labor Agreement shall nonetheless continue in effect without change until it is modified or otherwise superseded by a new or modified agreement, but in no event shall the Labor Agreement continue beyond September 30, 2025.
Evergreen Clause. 4.1 This Agreement shall remain in effect during any negotiations and shall continue to remain in full force until a new agreement is reached.
Evergreen Clause. This Collective Bargaining Agreement shall be effective as of the day after this Collective Bargaining Agreement is executed by both parties and shall remain in full force and effect until February 2, 2024. The parties shall meet no earlier than 120 days and no later than 90 days prior to the expiration of the Agreement. Should such an agreement not be reached sixty (60) days prior to the expiration of the Collective Bargaining Agreement, either party may request non-binding mediation that shall result in both parties participating in non-binding mediation through the Federal Mediation and Conciliation Service (FMCS) or a mutually agreeable mediator. This Collective Bargaining Agreement shall remain in full force and be effective during the period of discussions and shall remain in full force and effect until such time that a successor Agreement has been reached.
Evergreen Clause. Each year during the term hereof this Agreement shall automatically be extended for an additional year, unless the Council notifies the Manager in writing at least four (4) months prior to the anniversary of the effective date of this Agreement that it has voted to not extend this Agreement. The Council may decide to not extend this Agreement for an additional year as set forth in this Paragraph for any reason, with or without cause.
Evergreen Clause. In the event that acceptance of a new agreement is delayed past the stated end of the current agreement (as indicated in the opening AGREEMENT statement), this agreement shall remain in full force and effect until a new agreement is reached.
Evergreen Clause. It must contain an “evergreen clause” (automatic renewal provision) that provides, in effect, that it will automatically renew for successive one-year periods prior to the occurrence of the expiry date, unless written notice of non-renewal has been timely sent in the manner described in subparagraph G. below.
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Evergreen Clause. Section 4.1: This agreement shall remain in effect during any negotiations and shall continue to remain in full force and effect pending agreement upon a new contract or completion of 312 arbitration.
Evergreen Clause. Due to the importance of the service being provided, it is agreed by both parties that this agreement will be automatically renewed for a month-to-month basis until or unless terminated by one or both parties.
Evergreen Clause. If ten percent (10%) or more in the aggregate of the LOC Amount is drawn pursuant to the terms of this paragraph 11 (whether in one or more draws), Tenant will, within five (5) days after written demand reinstate the LOC to the LOC Amount. If Landlord transfers or mortgages the Building, Landlord may transfer the LOC and/or Security Deposit, if applicable, to the transferee or mortgagee, and upon completion of such transfer Tenant will look solely to the transferee or mortgagee for the return of the LOC and/or Security Deposit. If Tenant performs its obligations under the Lease, as amended hereby, the LOC will be returned to Tenant within sixty (60) days after the expiration of the Extension Term (as extended, if applicable).
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