Renewal of the Contract Sample Clauses

Renewal of the Contract. This Contract may be renewed annually provided that the Student and Parent(s) or Legal Guardian(s) have strictly complied with the terms and conditions stipulated in this Contract, in the Institutional Educational Project, IEP and in the Community Handbook, and in the other rules and regulations stipulated by legal or internal regulations of the School, provided that the family is fully in good standing with the School for any pecuniary obligation. Paragraph: Repeated default in payment shall be grounds for non-renewal of this Contract.
Sample 1
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Renewal of the Contract. The present Contract may be renewed annually as long as the Student and the Parents or Legal Guardians have strictly complied with the conditions stipulated in the present Contract, in the Institutional Educational Project, Community Handbook, and the other rules and regulations provided for in the applicable legal or internal rules of the School, and provided that the family is fully in good standing with the School for any financial obligations. Paragraph: Repeated late payments will be grounds for non-renewal of this Contract. ELEVENTH: FORM OF PAYMENT. Payments for the services contracted herein shall be made in any of the forms provided for in the Financial Circular issued by the School and sent to all Parents or Legal Guardians of the Students, issued by the School and sent at the beginning of the School year. In the event that the payment is made by means of a value xxxxxx and this is returned for any reason, the drawer and/or the Parent or Legal Guardian to whom the payment corresponds shall be responsible and shall pay a penalty of twenty percent (20%) of the value of the title value or check in accordance with the provisions of article 731 of the Code of Commerce, without prejudice to the other measures provided for in this Contract.
Sample 1
Renewal of the Contract. 1. The Term of Employment stated in Article 5 hereof may be renewed, in one-year contract terms only, by the mutual written agreement of the Employer and the Employee. 2. In the case of Renewal, pursuant to the foregoing Clause 1, the Employee shall be given a 12 day paid Renewal Leave (weekends and holidays inclusive; must be used consecutively) which shall take place during school vacations in the new Term of Employment with the condition that the days do not conflict with the school schedule. 3. The Employer shall provide the Employee with a Contract Renewal Bonus of 2,000,000 KRW within one month of the beginning of the new Term of Employment. In such case, the Employee shall not receive an Exit Allowance for the completion of the current Term of Employment nor shall the Employee receive an Entrance Allowance for the renewal Term of Employment. 4. In the case of Renewal that is less than one calendar year, all benefits foregoing Clause 2 and Clause 3 shall be given on a prorated basis. a. The Employee shall be given paid Renewal Leave at the rate of 1 day per month. b. The Contract Renewal Bonus shall be given based on the number of days of the Renewal term. 5. In the case of termination of the Renewal Contract, regardless of course or ground therefore, the Employee shall immediately pay back to the Employer the 2,000,000 KRW Renewal Allowance and the Renewal Leave specified in the forgoing Clause 2 shall become Unpaid Leave. The terms for the Exit Allowance shall be in accordance to Article 9 Clause 2 of this Contract. 제13조 (계약해지) 1. 고용자는 다음과 같은 경우에 본 계약을 해지할 수 있다. a. 피고용자가 대한민국 법을 위반하는 경우 b. 위 19조 1항부터 5항까지의 복무규정을 위반한 경우
Sample 1
Renewal of the Contract. (I) Upon the expiration of the term of this Contract, the Parties may renew the Contract after negotiation. (II) If the Contract is renewed for a fixed term twice consecutively, a unfixed-term employment contract shall be made by the Parties unless Party B proposes to conclude a fixed-term employment contract.
Sample 1
Renewal of the Contract. Clause 10. The employment contract of the employee may be renewed for a year to come on condition that the employee's previous performance is not less than 70%, which is evaluated annually; the evaluation criteria and form are arranged by the original affiliation.
Sample 1
Renewal of the Contract. If upon the expiration of the term initially agreed the parties have not stated in writing with minimum thirty (30) calendar days in advance about the intention to end it, the contract will be extended for a term equal to that initially agreed. The rent payment will be readjusted every 12 months of execution of the contract under the same price, as a minimum in a percentage equal or equivalent to the consumer price index certified by DANE for the year immediately previous to the expiration of any annual period over the rent payment in effect. This process will be done during the first two years of operation of the contract. When LESSEES have acquired to the right to renewal in compliance with the provisions of the code of commerce, this will be the process to follow: LESSOR will notify in writing to LESSEES, before the expiration of the last period, about the new conditions regarding term and price in which he is willing to make the contract relationship. LESSEES shall state LESSOR before the expiration of the contract, through written communication, the acceptance or rejection of the new conditions. Silence will be understood as rejection. In both cases, rejection or silence, the verbal process for regulation of the rent payment foreseen in the code of commerce and in the code of civil procedure will be taken into account. For the effects of discussing and agree the conditions regarding the renewal of the contract, it will be understood that each of the co-lessees represents the others before LESSOR. FOURTEENTH: ALIENATION OF THE ESTABLISHMENT OF COMMERCE. The contracting parts agree that in case of alienation of the establishment of commerce, it will not be understood that in such negotiation is included the lease contract. In case of alienation of the commerce establishment that operates in such property, the acquirer shall state to LESSOR in writing the intention to continue in the property and this latter will decide about the acceptance or not of the new lessees. In this case the parties can really agree the new conditions of the contract.
Sample 1
Renewal of the Contract. Upon its expiration, the Contract may be renewed upon agreement by and between the parties hereto.
Sample 1
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Renewal of the Contract 
Sample 1

Related to Renewal of the Contract

  • Renewal of Agreement This agreement does not automatically renew, and residence in UCF DHRL residence facilities during one agreement period does not guarantee that residence accommodations will be offered to the Student for any following periods. The Student is solely responsible for the timely completion of housing agreements for future periods. UCF DHRL housing agreements shall not be re-offered to residents who are unwilling to adhere to the basic elements of good housekeeping, and community living. UCF DHRL housing agreements shall not be re-offered to residents who disregard or violate rules, regulations, or policies established for governing UCF DHRL residential facilities. Finally, housing agreements shall not be re-offered to residents who have outstanding charges from UCF DHRL.

  • Renewal of Contract If a Board representative does not inform the Superintendent in writing on or before the seventh day after the regular December board meeting of the Board’s intention to consider the nonrenewal or amendment of this contract, the contract will automatically renew for a period of one year from and after the expiration date provided in Section 1 of this contract. The Superintendent shall remind the Board in writing of this provision no later than its regular November meeting of each year of this contract and shall make the renewal of his employment contract an agenda item for the regular December board meeting during each year of this contract. At the time of each contract renewal and/or amendment, the Superintendent shall be responsible for taking all necessary steps to insure that the district has complied with the Superintendent Pay Transparency Act.

  • Renewal of Agreements The Agreement with TIPS is for three (3) years with an option for renewal for an additional one

  • TERM OF THE CONTRACT This Contract begins on 07/01/2015 and ends on 06/30/2016. DSHS has the option, in its sole discretion, to renew the Contract. DSHS is not responsible for payment under this Contract before both parties have signed the Contract or before the start date of the Contract, whichever is later.

  • Non-Renewal of Agreement The Company may terminate Executive’s employment by providing a timely Non-Renewal Notice, pursuant to Section 1(a).

  • Duration of the contract framework agreement or dynamic purchasing system II.2.10) Information about variants II.2.11) Information about options

  • Control of the Contract F1 Transfer and Sub-Contracting F1.1 Except where F1.4 and F1.5 applies, the Contractor shall not assign, sub-contract or in any other way dispose of the Contract or any part of it without prior Approval. Sub-contracting any part of the Contract shall not relieve the Contractor of any of its obligations or duties under the Contract. F1.2 The Contractor shall be responsible for the acts and omissions of its Sub-contractors as though they are its own. F1.3 Where the Authority has consented to the placing of sub-contracts, copies of each sub-contract shall, at the request of the Authority, be sent by the Contractor to the Authority as soon as reasonably practicable. F1.4 Notwithstanding clause F1.1, the Contractor may assign to a third party (“the Assignee”) the right to receive payment of the Contract Price or any part thereof due to the Contractor under this Contract (including any interest which the Authority incurs under clause C2.

  • Termination of the Contract 1. The Contractor may terminate the contract if the Partner has inadequately discharged or failed to discharge any of the contractual obligations, insofar as this is not due to force majeure, after notification of the Partner by registered letter has remained without effect for one month. 2. The Partner shall immediately notify the Contractor, supplying all relevant information, of any event likely to prejudice the performance of this contract.

  • SCOPE OF THE CONTRACT The Contractor shall perform the Services set out [in Schedule 1] [below2] in accordance with the Contract. [The Contractor’s key personnel assigned to perform the Services are: [provide a list] During the provision of the Services, if substitution of Contractor’s [key personnel] [experts] is necessary, the Contractor shall propose other experts or at least the same level of qualifications for approval by the Fund. [The Contractor shall obtain the Fund’s prior approval in writing before entering into a subcontract for engaging a subconsultant for the performance of any part of the Services.]

  • OPTION TO EXTEND THE TERM OF THE CONTRACT (MAR 2000)

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