Common use of Exit Strategy Clause in Contracts

Exit Strategy. 17.1 The Parties recognise that in the event of the BID Arrangements coming to an end and not being renewed in accordance with statutory provisions and/or in the event of this Agreement expiring by any means the Parties will need to agree an Exit Strategy how Services within the BID Area will continue to be provided. 17.2 Either Party may give notice to the other either, (a) when serving notice under Clause 11 (disagreements) or (b) at any time not before the fourth anniversary of the Effective Date, requiring the other party to attend a meeting or meetings to prepare an agreed Exit Strategy. 17.3 Failure on the part of either Party to respond to such a request or to agree an Exit Strategy will entitle the other Party to invoke the disagreements procedure set out in Clause 11.

Appears in 3 contracts

Samples: Memorandum of Understanding, Memorandum of Understanding, Memorandum of Understanding

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Exit Strategy. 17.1 18.1 The Parties recognise that in the event of the BID Arrangements coming to an end and not being renewed in accordance with statutory provisions and/or in the event of this Agreement expiring by any means the Parties will need to agree an Exit Strategy how Services within the BID Area will continue to be provided. 17.2 18.2 Either Party may give notice to the other either, (a) when serving notice under Clause 11 13 (disagreements) or (b) at any time not before the fourth anniversary of the Effective Date, requiring the other party to attend a meeting or meetings to prepare an agreed Exit Strategy. 17.3 18.3 Failure on the part of either Party to respond to such a request or to agree an Exit Strategy will entitle the other Party to invoke the disagreements procedure set out in Clause 1114.

Appears in 2 contracts

Samples: Memorandum of Understanding, Memorandum of Understanding

Exit Strategy. 17.1 16.1 The Parties recognise that in the event of the BID Arrangements coming to an end and not being renewed in accordance with statutory provisions and/or in the event of this Agreement expiring by any means the Parties will need to agree an Exit Strategy how Services within the BID Area will continue to be provided. 17.2 16.2 Either Party may give notice to the other either, (a) when serving notice under Clause 11 13 (disagreements) or (b) at any time not before the fourth anniversary of the Effective Date, requiring the other party to attend a meeting or meetings to prepare an agreed Exit Strategy. 17.3 16.3 Failure on the part of either Party to respond to such a request or to agree an Exit Strategy will entitle the other Party to invoke the disagreements procedure set out in Clause 1114.

Appears in 1 contract

Samples: Memorandum of Understanding

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Exit Strategy. 17.1 18.1. The Parties recognise that in the event of the BID Arrangements coming to an end and not being renewed in accordance with statutory provisions and/or in the event of this Agreement expiring expiring, whether by any means termination or effluxion of time, the Parties will need have to agree an Exit Strategy consider how Services services within the BID Area will continue to be provided. 17.2 Either Party 18.2. The Parties agree that either of them may give notice to the other either, (a) when serving notice under Clause 11 10 (disagreements) Disagreements), or (b) at any time not before on or after the fourth anniversary of the Effective Date, requiring the other party to attend a meeting or meetings to prepare an agreed Exit Strategy. 17.3 18.3. Failure on the part of either Party to respond with reasonable effect to such a request notice served under this Clause, or to agree an Exit Strategy will entitle the other entitles either Party to invoke the disagreements procedure set out in Clause 1110.

Appears in 1 contract

Samples: Concordat and Contract for the Provision of Services

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