Common use of Process at End of Agreement Clause in Contracts

Process at End of Agreement. At the end of the Term, including any elected Renewal Term, to a maximum of 15 years, this Agreement will terminate, together with any rights of the Association to use or occupy the Jointly Operated Facilities. If both parties wish to continue their working relationship beyond the end of the Term, then the Park Board and the Association will, in good faith, meet to review their working relationship and to identify any changes to the roles and responsibilities of the parties or to the operations at the Jointly Operated Facilities. If acceptable to both parties, the parties may elect to enter into a new amended agreement reflecting such changes, which may, if appropriate, be substantially based on the form of this Agreement. In the event of non-renewal of this Agreement or if either party elects it does not wish to continue their working relationship at the end of the Term, all outstanding payments between the parties will become immediately due and payable and subject to withholding, and the parties will work cooperatively to transition operations to the Park Board or its designate to ensure minimal disruption to the public.

Process at End of Agreement. At the end of the Term, including any elected Renewal Term, to a maximum of 15 years, this Agreement will terminate, together with any rights of the Association to use or occupy the Jointly Operated Facilities. If both parties wish to continue their working relationship beyond at the end of the Term, then the Park Board and the Association will, in good faith, meet to review their working relationship and to identify any changes to the roles and responsibilities of the parties or to the operations at the Jointly Operated Facilities. If acceptable to both parties, the parties may elect to enter into a new amended agreement reflecting such changes, which may, if appropriate, be substantially based on the form of this Agreement. In the event of non-renewal of this Agreement or if either party elects it does not wish to continue their working relationship at the end of the Term, all outstanding payments between the parties will become immediately due and payable and subject to withholding, and the parties will work cooperatively to transition operations to the Park Board or its designate to ensure minimal disruption to the public.

Process at End of Agreement. At the end of the Term, including any elected Renewal Term, to a maximum of 15 years, this Agreement will terminate, together with any rights of the Association to use or occupy the Jointly Operated Facilities. If both parties wish to continue their working relationship beyond atbeyond the end of the Term, then the Park Board and the Association will, in good faith, meet to review their working relationship and to identify any changes to the roles and responsibilities of the parties or to the operations at the Jointly Operated Facilities. If acceptable to both parties, the parties may elect to enter into a new amended agreement reflecting such changes, which may, if appropriate, be substantially based on the form of this Agreement. In the event of non-renewal of this Agreement or if either party elects it does not wish to continue their working relationship at the end of the Term, all outstanding payments between the parties will become immediately due and payable and subject to withholding, and the parties will work cooperatively to transition operations to the Park Board or its designate to ensure minimal disruption to the public.