Initial Term Renewals and Termination Sample Clauses

Initial Term Renewals and Termination. The initial term of this Agreement will be one (1) year commencing as of the date set forth above. This Agreement will be self-renewing for an additional one (1)-year term unless either party delivers to the other written notice of termination at least thirty (30) days prior to the expiration of the then-current term. This Agreement may be terminated by either party, for any reason, upon thirty (30) days’ prior written notice to the other without penalty. Upon any termination of this Agreement, (a) ARC will continue its collection efforts with respect to all Accounts for a period of ninety (90) days; (b) ARC will continue its collection efforts with respect to all Accounts that have been referred by ARC to an attorney for legal collection efforts and all Accounts where payment arrangements are being met according to agreed-upon terms, until the conclusion of such legal efforts or payment arrangement; and (c) Client will pay ARC the Contingency Fee with respect to the collections referenced in (a) and (b) above, regardless of when the collections are received and whether received by Client or ARC.
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Initial Term Renewals and Termination. The initial term of this AGREEMENT, including the right to enjoy use of the PURCHASED SERVICE, shall continue from the date of its execution for a period of one (1) year, to be automatically renewed for up to three (3) additional one (1) year terms unless CUSTOMER gives notice in writing of intention not to renew at least thirty (30) days prior to the anniversary of the AGREEMENT. After the initial one (1) year period, ALTARAMA may amend or terminate the support aspects of this AGREEMENT with a minimum of six (6) months notice in writing. Either party may terminate this AGREEMENT if the other party is in breach of any material obligation hereunder by giving the breaching party written notice and twenty (20) days opportunity to cure such breach. As soon as practical after termination of this AGREEMENT, CUSTOMER shall return or destroy any copyrighted training, user or support material provided by ALTARAMA, shall delete any links to the PURCHASED SERVICE from their web site, and shall provide written confirmation to ALTARAMA that this obligation has been completed. All payment obligations survive the termination of this AGREEMENT.
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Initial Term Renewals and Termination 
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Related to Initial Term Renewals and Termination

  • Term Renewal and Termination 14.1. This Agreement shall, with respect to the Portfolio, become effective as of the date first above written and shall remain in force for two years thereafter, and for successive annual periods thereafter but only so long as each such continuance is specifically approved at least annually by (1) a majority of the Directors of the Company who are not parties to this Agreement or interested persons of any such parties (other than as Directors of the Company), by vote cast in person at a meeting called for the purpose of voting on such approval; or (2) a vote of the holders of a majority of the outstanding voting securities (as defined in the 0000 Xxx) of such Portfolio. It shall be the duty of the Directors of the Company to request and evaluate, and the duty of the Manager and Sub-Adviser to furnish, such information as may be reasonably necessary to evaluate the terms of this Agreement and any renewal hereof.

  • Effective Date Term and Termination A. This Agreement covers individual ANNUITY CONTRACTs issued by the CEDING COMPANY that:

  • Term and Termination In any case, if not sooner terminated, this Agreement shall expire at the close of business on the effective date that the Offering is terminated. This Agreement may be terminated by either party (a) immediately upon notice to the other party in the event that the other party shall have materially failed to comply with any material provision of this Agreement or if any of the representations, warranties, covenants or agreements of such party contained herein shall not have been materially complied with and such failure to comply is not cured within ten (10) days after the date of such occurrence or (b) on 60 days’ written notice. In any event, this Agreement shall be deemed suspended during any period for which the Dealer Manager’s license or registration to act as a broker dealer shall be revoked or suspended by any federal, self-regulatory or state agency. In addition, the Dealer Manager, upon the expiration or termination of this Agreement, shall (a) promptly deposit any and all funds in its possession which were received from investors for the sale of Shares into the appropriate escrow account or, if the Minimum Offering has been reached, into such other account as the Company may designate; and (b) promptly deliver to the Company all records and documents in its possession which relate to the Offering which are not designated as dealer copies. The Dealer Manager, at its sole expense, may make and retain copies of all such records and documents required to be retained by the Dealer Manager pursuant to (i) Federal and state securities laws and the rules and regulations thereunder, (ii) the applicable rules of FINRA and (iii) the NASAA REIT Guidelines, but shall keep all such information confidential; provided, that, nothing contained in this Agreement shall prevent the Dealer Manager from disclosing any such information to any regulatory authority asserting jurisdiction over the Dealer Manager. The Dealer Manager shall use its reasonable best efforts to cooperate with the Company to accomplish any orderly transfer of management of the Offering to a party designated by the Company. Upon expiration or termination of this Agreement, the Company shall pay to the Dealer Manager all earned but unpaid compensation and reimbursement for all incurred, accountable compensation to which the Dealer Manager is or becomes entitled under Section 5 of this Agreement, including but not limited to any Distribution Fees, pursuant to the requirements of that Section 5 at such times as such amounts become payable pursuant to the terms of such Section 5 without acceleration; provided, however, that if the Minimum Offering is not reached prior to such expiration or termination, the Company shall not pay any such compensation and reimbursements to the Dealer Manager.

  • Appointment, Term, and Termination a. Client hereby engages and retains Dalmore to provide operations and compliance services at Client’s discretion.

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

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