Renewal or Termination. Upon completion of the initial term of this Agreement, it shall be automatically renewed for successive terms of one (1) year each unless EPCC or TISD shall give notice of nonrenewal at least ninety (90) days prior to the end of the initial term or ninety (90) days prior to the end of any renewal term. Notwithstanding the foregoing, either EPCC or TISD shall have the right to terminate this Agreement with or without cause at any time during the initial term upon written notice to the other party. In the event of termination during the initial term of this Agreement, the effective date of termination shall be as of June 30, following the notice. It is the intent of the Parties that no termination shall be made during the middle of the school year which will disrupt the academic progress for the students of Tornillo ECHS, unless the Parties mutually agree. In the event of termination, Tornillo ECHS will continue operation through the 11th grade cohort’s scheduled graduation from Tornillo ECHS. Services to enrolled 9th and 10th grade students may be continued though graduation of those cohorts by agreement. While in the process of discontinuing operation, Tornillo ECHS may not enroll any additional students in grades that have been phased out but will continue to meet all the required design elements and provide full support for all students enrolled in the school.
Renewal or Termination. At the end of this lease period, this agreement is automatically renewed from month to month but may be terminated at any time by either party on giving a full 30-day notice of intent to terminate from date rent is due, WHICH IS DUE THE FIRST OF EACH MONTH. If after such notice of 30 days is given and tenant fails to vacate on or before the termination date, the rental for any holdover period will be double the normal rental amount and tenant shall be liable for any other damages which Owner may suffer through loss of perspective tenant. If 30-day notice is not given by Tenant, Owner shall have the right to show the premises to prospective tenants or buyers at any reasonable time after the Owner or Agent becomes aware that the premises will be available for lease. If tenant moves out without giving the required full months notice from the day rent is due (1st of each month), owner has the right to retain at least the amount of the deposit in part payment of damages for such violation.
Renewal or Termination. Upon any change in ownership, the Board will have complete and absolute discretion to determine whether to renew or terminate membership in the Fund with respect to any such Employer and/or successor owner(s). Employer and/or any successor owner(s) are required to complete new Participation Application(s) prior to any such determination by the Board. Any such renewal may, in the Board's discretion, be expressly conditioned upon assumption of any and all obligations, liabilities, outstanding contribution balances, additional contributions or assessments and any other obligations of Employer with respect to the Fund which accrue prior to the change in ownership.
Renewal or Termination. Upon completion of the initial term of this Agreement, it shall be automatically renewed for successive terms of one (l) year each unless either party shall give notice of nonrenewal at least ninety (90) days prior to the end of the initial term or ninety (90) days prior to the end of any renewal term. Notwithstanding the foregoing, either party shall have the right to terminate this Agreement with or without cause at any time during the initial term upon written notice to the other party. In the event of termination during the initial term of this Agreement, the effective date of termination shall be as of June 30 following the notice. It is the intent of the parties that no termination shall be made during the middle of the school year which will disrupt the academic progress for the students of, unless the parties mutually agree. In the event of termination, YHSECA will continue operation through the 11th grade cohort's scheduled graduation from YHSECA. Services to enrolled 9th and 10th grade students may be continued though graduation of those cohorts by agreement. While in the process of discontinuing operation, YHSECA may not enroll any additional students in grades that have been phased out but will continue to meet all the required design elements and provide full support for all students enrolled in the school.
Renewal or Termination. 1.3 Lessor shall have the right and option to renew and extend the term of this Lease for an additional one (1) year period. Any renewal or extension of this Lease shall be on the same terms and conditions as provided herein. This Lease shall terminate and become null and void without further notice on the expiration of the term specified in Paragraph 1.2, unless sooner terminated or renewed and extended in accordance with Paragraph 2.1; and any holding by Lessee after the expiration of that term shall not constitute a renewal of the Lease or give Lessee any rights under the Lease in or to the Leased Premises.
Renewal or Termination. This Agreement will become effective in accordance with the terms set forth in Section IV.C and will remain in effect for 18 months from the commencement date. At the end of this period, this Agreement may be renewed for a period of up to one additional year if the Data Integrity Board of each agency determines within three months before the expiration date of this Agreement that the program has been conducted in accordance with this Agreement and will continue to be conducted without change. Either agency not wishing to renew this Agreement should notify the other in writing of its intention not to renew at least three months before the expiration date of this Agreement. Either agency wishing to terminate this Agreement before its expiration date should notify the other in writing of its wish to terminate and the desired date of termination.
Renewal or Termination. (a) Lessee shall have the option to renew the Lease for an additional term of four (4) years at the end of the term as set forth in Section 2, on the same terms and conditions as set forth in this Lease, by giving to the Lessor written notice thereof at least fifty (50) days prior to the end of the term; provided however, that the rental for the renewal period shall be increased by an amount equal to the increase, if any, in the Consumer Price Index (CPI-U for Phila. -- Wilmington - Atlantic City — PA -- DE — NJ — MD) for the period October 2014 through October 2018, as published by the United States Bureau of Labor and Statistics; provided however, such increase shall not exceed three percent (3%) for each year of said CPI calculation. It is hereby mutually agreed that should Lessee fail - to exercise its said option to renew, either party may terminate this lease at the end of the term as set forth in Section 2 by giving the other party written notice thereof at least forty-five (45) days prior thereto, but in default of such written notice this lease shall continue under the same terms and conditions governing the same as are in force immediately prior to the expiration of the term thereof on a month-to-month basis and so on until terminated by either party hereto, by giving the other party thirty (30) days written notice of such termination; provided however, that if Lessor shall have given written notice three (3) months prior to the expiration of this lease teen of its intention to change the terms and conditions of this lease and Lessee shall hold over after the expiration of the time mentioned in such written notice, the lease shall continue under the terms and conditions set forth in such written notice. In the event that Lessee shall give written notice as stipulated in this lease of its intention to terminate the lease at the end of the current term and shall fail or refuse to vacate the premises as of the date of such termination, it is agreed that Lessor shall have the option to disregard the written notice as having no effect, in which case upon Lessor's giving Lessee written notice thereof, all the terms and conditions of this lease shall continue in full force.
Renewal or Termination. 1.2. Lessee shall have the right and option to renew and extend the term of this Lease for an additional two (2)-one (1) year terms and additional sixty (60) day grace period under the same rates, terms and conditions. If Lessee desires to renew and extend the term of this Lease for such renewal period, Lessee must give Lessor written notice of such renewal at least sixty (60) days prior to the termination of the initial lease term if Lessee desires to renew for the renewal period. Any renewal or extension of this Lease shall be on the same terms and conditions as provided herein. This Lease shall terminate and become null and void without further notice on the expiration of the term specified in Article 1.1, unless sooner terminated or renewed and extended in accordance with this Article 1.4; and any holding over by Lessee after the expiration of that term shall not constitute a renewal of the Lease or give Lessee any rights under the Lease in or to the Leased Premises.
Renewal or Termination. 2.2 County shall have the right and option to renew and extend the term of this Lease for an additional Nine (9)_ additional - one (1) year terms and an additional sixty (60) day grace period under the same rates, terms and conditions. If County desires to renew and extend the term of this Lease for any such renewal period, County must give Lessor written notice of such renewal at least sixty (60) days prior to the termination of the initial lease term or renewal term if applicable if
Renewal or Termination. 8.1 This Agreement shall be effective as of [DATE] and shall have the term indicated in Section 4.3, supra.
