Five-Year Term. This Charter School Contract shall be effective upon complete execution for a period of five years and will terminate on June 30, 2020, unless terminated earlier as provided herein or revoked under applicable law and regulation.
Five-Year Term. Motorola provides equipment for use in connection with certain Subscription Services. Upon expiration and non-renewal of a five (5) year subscription Term, Title to the equipment will automatically transfer to Customer upon the subscription expiration date.
Five-Year Term. This Agreement shall terminate and be of no further -------------- force and effect, except with respect to Article 5, on that date which shall be five years after the date hereof.
Five-Year Term. The term of this Agreement shall be for five (5) consecutive years following the effective date of the Company’s conversion to a cooperative governed by and subject to Chapter 308B of Minnesota Statutes. This date is referred to as the “Effective Date.” At the end of the first year of the five (5) year term, this Agreement shall be renewed for an additional year unless either party gives notice of termination as provided below. Each succeeding year shall be renewed in the same manner so that, unless notice of termination is given, there shall always be a five (5) year obligation for Patron and Company under this Agreement.
Five-Year Term. This Charter School Contract shall be effective until June 30, 2023 unless extended.
Five-Year Term. Upon the fifth (5th) anniversary of the date this option was granted, notwithstanding any provision of this Agreement to the contrary, including, but not limited to, Sections 5.1, 5.2 and 5.4 of this Agreement.
Five-Year Term. The Company offers, and Hill accepts engagement on all the terms and conditions of this Agreement, for a term of five (5) years beginning on the date stated above.
Five-Year Term. If, after five (5) years from the Effective Date of the Plan, the dissolution and termination of the Creditor Trust has not occurred pursuant to Section 11.1, and Creditor Trustee determines that the facts and circumstances necessitate an extension of the duration of the Creditor Trust in order to effectuate its purpose, the Creditor Trust may be extended for a period of twelve (12) months. The Creditor Trustee may, upon the expiration of the extended term, seek additional extensions of twelve (12) months if warranted by the facts and circumstances. Any extension of the duration of the Creditor Trust, as provided for herein, shall be subject to approval by the Bankruptcy Court, provided, however, that prior to requesting such extension, Creditor Trustee must retain an opinion of counsel or a favorable ruling from the IRS that any further extension would not adversely affect the status of the Trust as a Grantor Trust for Federal income tax purposes.. The Creditor Trustee shall seek approval of any such extension within sixty (60) days of the expiration of the initial five (5) year term or any extension thereof.
Five-Year Term. 5.1 This Agreement will start on the Commencement Date and will expire 5 years after the Commencement Date, unless terminated earlier in accordance with this Agreement.
Five-Year Term. Commerce offers Executive employment, and Executive accepts such employment, subject to all the terms and conditions of this Agreement, for a term of five (5) years beginning on the effective date of the Merger.