Period in Force Clause Samples
The 'Period in Force' clause defines the duration for which an agreement or contract remains valid and enforceable. Typically, it specifies the start and end dates of the contract, or outlines conditions under which the agreement will automatically renew or terminate. For example, a contract might be in force for one year from the signing date, with options for renewal upon mutual agreement. This clause ensures both parties are clear about the timeframe of their obligations, preventing misunderstandings about when rights and duties begin and end.
Period in Force. Each Borrowing Guarantor's obligations under this Article 11 shall remain in full force and effect until all Obligations shall have been indefeasibly paid in full and this Agreement and the other Credit Documents shall have terminated in accordance with their terms. If at any time any payment of the principal of or interest on any Loan made to a Borrower or any other amount payable by any Borrower under this Agreement or the other Credit Document is rescinded or must be otherwise restored or returned upon the insolvency, bankruptcy or reorganization of such Borrower or otherwise, each of Borrowing Guarantor's obligations under this Article 11 with respect to such payment shall be revived and continued in full force and effect.
Period in Force. The Company's and each Borrower's Obligations under this Article 10 shall remain in full force and effect until all Obligations shall have been paid in full and this Agreement and the other Loan Documents shall have terminated in accordance with their terms. If at any time any payment of the principal of or interest on any loan made to a Borrower or any other amount payable the Company or by any Borrower under this Agreement or the other Loan Documents is rescinded or must be otherwise restored or returned upon the insolvency, bankruptcy or reorganization of the Company or such Borrower or otherwise, each of the Company's and such Borrower's Obligations under this Section 10 with respect to such payment shall be revived and continued in full force and effect.
Period in Force. This Section 9 shall remain in force without limit in time in respect of Confidential Information which comprises Personal Data or which relates to a patient, his or her treatment and/or medical records. Save as aforesaid, the obligations in this Section 9 shall last for the Term and for a period of ten (10) years thereafter.
Period in Force. Each Guarantor's obligations under this Section 16 shall remain in full force and effect until all Guaranteed Liabilities shall have been indefeasibly paid in full and this Agreement and the other Loan Documents shall have terminated in accordance with their terms. If at any time any payment of the principal of or interest on any Loans made to a Borrower or any other amount payable by any Borrower under this Agreement or the other Loan Document is rescinded or must be otherwise restored or returned upon the insolvency, bankruptcy or reorganization of such Borrower or otherwise, each of Guarantor's obligations under this Section 16 with respect to such payment shall be revived and continued in full force and effect.
Period in Force. Each Debtor's Obligations under this Agreement shall remain in full force and effect until all Obligations shall have been paid in full and this Agreement and the other Credit Documents shall have terminated in accordance with their terms. If at any time any payment of the principal of or interest on any Loan made to any Debtor or any other amount payable by any Debtor under this Agreement or the other Credit Documents is rescinded or must be otherwise restored or returned upon the insolvency, bankruptcy or reorganization of such Debtor or otherwise, each of the other Debtors' Obligations under this Agreement with respect to such payment shall have revived and continued in full force and effect.
Period in Force. The Obligations of the Company, each Borrower and WQD under this Section 11 shall remain in full force and effect until all Obligations shall have been paid in full and this Agreement and the other Financing Agreements shall have terminated in accordance with their terms. If at any time any payment of the principal of or interest on any loan made to a Borrower or any other amount payable by any Loan Party under this Agreement or the other Financing Agreements is rescinded or must be otherwise restored or returned upon the insolvency, bankruptcy or reorganization of the Company, such Borrower, WQD or otherwise, each of the Obligations of the Company, each Borrower and WQD under this Section 11 with respect to such payment shall be revived and continued in full force and effect.
Period in Force. This contract will be in force for the period of ONE year(s) following the date of signing. However, the present instrument will remain in force while ever THE CUSTOMER has any outstanding debts arising either from this Contract or from any FACTORING AGREEMENTS formalized before the aforesaid termination date, and which correspond to ACCOUNTS RECEIVABLE that are still outstanding at the termination date, and while ever the DEBTOR remains under any obligation arising from ACCOUNTS RECEIVABLE that have been acquired by THE FACTOR via any FACTORING AGREEMENT. The contract period will be automatically renewed for equal periods, except where one of the parties expresses to the other in writing its desire to terminate it. TWENTY NINE: -