Extent and Term of Contract Sample Clauses

Extent and Term of Contract. This Contract represents the entire agreement between the Owner and the CM and supersedes all prior negotiations, representations or agreements. This Contract shall be in effect until such time as the Owner either [1] accepts the CM's proposed or modified guaranteed maximum price ("GMP") for the construction phase pursuant to Article 2, or [2] rejects the CM's proposed or modified GMP for the construction phase pursuant to Article 2, or [3] this Contract is terminated in accordance with the provisions of Article 8 herein. Upon the Owner's election to accept the CM's proposed GMP, Owner and CM will enter into a subsequent agreement which agreement will supersede this Contract. If the Owner elects to reject the CM's proposed GMP, this Contract will be deemed terminated and the Owner may, at its sole discretion, place the construction phase portion of the Project for either competitive bidding pursuant to Florida Statute 287.057, or competitive selection/negotiation pursuant to Florida Statute 287.055 and 1013.45(1)(c).
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Related to Extent and Term of Contract

  • Term of Contract and Termination (1) This Contract shall enter into force with retroactive effect on Contract award. It documents the mutual rights and obligations on the delivery of gas by the Supplier on the basis of one or more successful tenders in the OGE call for tenders for fuel gas. This Contract shall end at the end of the delivery period without notice having to be given.

  • Term of Agreement and Termination 2.1. This Agreement enters into effect at the time of acceptance of 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.

  • COMMENCEMENT AND TERM This Agreement shall commence upon the Effective Date and continue for the Agreement Term.

  • COMMENCEMENT AND TERMINATION OF AGREEMENT 18 4.1 Term 18 4.2 Effect of Termination on Obligations; Survival 19 4.3 Mutual Termination 19 4.4 Early Termination 19

  • Payment and Terms Monthly payments for services in the amount of $7,000 shall be paid by the 1st of the month for that service month, on a monthly basis by the City of Xxxxxxxx. These payments will cover all costs associated with providing all related costs. All payments shall be made to Xxxxxxxx Convention & Visitors Bureau, 000 Xxxx Xxxxxxx Xxxxx, Xxxxxxxx, XX 00000.

  • Commencement and Termination 10.1 This Agreement shall be effective as of the date hereof and shall continue in force until terminated in accordance with the provisions herein.

  • 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.

  • Amendment and Termination of Agreement (a) We may amend any provision of this Agreement by giving you written notice of the amendment. Either party to this Agreement may terminate the Agreement without cause by giving the other party at least thirty (30) days' written notice of its intention to terminate. This Agreement will terminate automatically in the event of its assignment (as defined in the 1940 Act).

  • Employment and Term The Company hereby agrees to employ the Executive and the Executive hereby agrees to serve the Company on the terms and conditions set forth herein.

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