Review and Renewal. The parties shall review the terms and conditions of this Agreement on or before the expiry of the Term and, by written notice to the persons identified in section 10 below and signed by both parties, may renew this Agreement for one (1) or more additional periods of one (1) year if the Term and additional renewal period(s) together do not exceed five (5) years in length.
Review and Renewal. After 7 days, deprivation orders will be reviewed, and can be renewed, by the Superintendent.
Review and Renewal. This Agreement shall be reviewed as needed. In the event a new Agreement is more appropriate than an amendment, as provided herein, the Licensee holding the original Agreement shall have the first right of refusal for the subsequent Agreement involving the same Facility, provided such new Agreement is to be effected within the temporary timeframe specified herein, unless such right is abrogated by the Licensee’s material breach coincidental to the need for such subsequent Agreement. M. Attached Exhibits • Exhibit “A” - Property Ownership Written Agreement • Exhibit “B” - Net Profit Margin Percentage Calculation • Exhibit “C” - List of Facility Equipment • Exhibit “D” - Additional Breaches IN WITNESS THEREOF, the parties hereto have caused this 18 page Agreement and it’s Exhibits to be executed by their undersigned officials as duly authorized. Property Owner: Facility Street Address: City: State: FL Zip: Facility Number: Geographic Location: Licensee Name: License Number: Working Capital: $ Business Name: FID Number: Effective Date: LICENSEE (Must be Signed by Licensee) Signature LICENSOR: Date State of Florida, Department of Education Business Enterprise Program Signature Title: Date THIS AGREEMENT IS NOT VALID UNTIL SIGNED AND DATED BY BOTH PARTIES. State of Florida Department of Education Division of Blind Services, Business Enterprise Program Licensed Operator Facility Agreement Exhibit “A” Property Ownership Written Agreement The attached is a true and correct copy of the written instrument, which authorizes the Licensor to establish and operate a vending facility on the granting owner’s property. State of Florida Department of Education Division of Blind Services, Business Enterprise Program Licensed Operator Facility Agreement Exhibit “B” Net Profit Margin Percentage Calculation Net Proceed Percentage The following net proceed percentage (calculated before the set-aside levy is taken out) shall be maintained on an annualized basis: Facility Number: Facility Type: (Select) Methodology for Set-Aside I. Set-Aside Levy Percentage The set-aside levy to be assessed to licensees is Effective Date: .
Review and Renewal. This Agreement shall be reviewed as needed. In the event a new Agreement is more appropriate than an amendment, as provided herein, the Licensee holding the original Agreement shall have the first right of refusal for the subsequent Agreement involving the same Facility, provided such new Agreement is to be effected within the temporary timeframe specified herein, unless such right is abrogated by the Licensee’s material breach coincidental to the need for such subsequent Agreement.
Review and Renewal. As communities deepen their relationship, consider moving from an informal to a formal MASA As the end date for the agreement approaches, both communities have the opportunity to adjust and/or rethink the MASA Review the operational reports and determine what has worked well and what should be improved Review the leadership, community and partner willingness to continue with the MASA Review the needs assessment and feasibility study and assess any changes that could impact a new MASA Undertake a new round of negotiations to renew the MASA, if desired Key questions to ask in each phase of MASA development are included in the table below. MASA Phases: Key Questions Phases Key Questions Relationship Building What does your community know about the potential partner? What does your community need to know or do to be able work with this partner? How can this be accomplished? Needs Assessment What services does your community provide? What are the gaps? Does your community currently have the capacity and desire to enter into a round of negotiation about MASAs? Feasibility Study Can your prospective partner fill your servicing gaps in a cost efficient and timely manner? What are the barriers and opportunities to the sharing or provision of services? Negotiation What are the key clauses and conditions that your community would want to see in an agreement? Who should undertake these negotiations? What are the expected timelines? Implementation Is your community getting the needed services through the agreement? From an operational perspective, is the provision or sharing of the service being delivered according to the terms of the agreement? Review and Renewal Overall, have the outcomes met your community’s expectations? Would you like to review the agreement? Have your needs or other conditions changed? What would you like to revise in the next version of the agreement?
Review and Renewal. 13.1 The Parties agree to a review of the terms and conditions of the final contribution agreement within four (4) years of the signing of the final contribution agreement.
Review and Renewal. University will conduct a periodic review and renewal for all Approved Caterers.
Review and Renewal i. University reserves the right to review Caterer’s performance as part of the renewal process.
Review and Renewal. The Cash Line-i Facility is granted conditional upon the Customer conducting its account with the Bank satisfactorily at all times. Notwithstanding the above, the Bank reserves the right in accordance with Shariah to review periodically and subsequently modify the terms and conditions of the Cash Line-i Facility. In the event that there is breach of any terms and conditions of this Agreement or occurrence of any of Event of Default stated in Section 9.01, the Bank shall have absolute right to cap the Cash Line-i Facility for utilization, freeze the relevant account, set off the Customer’s account with the Bank and/or security deposit (if any) deposited with the Bank including but not limited to accelerate the Bank’s Selling Price outstanding due and payable and enforce any of the Bank’s remedy under the Security Document. The Bank may at its absolute discretion, upon request by the Customer to renew the Cash Line-i Facility, grant a renewal of the Facility subject to the new Tenure and upon such terms and conditions as may be deemed fit by the Bank. On such renewal, all proceeds of the new Cash Line-i Facility shall first be applied towards the payment of all amounts then outstanding and due to the Bank under the existing Facility without further notice or demand. Any request for renewal may be made by the Customer within three (3) months prior to the maturity of the Cash Line-i Facility in the written form acceptable to the Bank. Any renewal, once approved by the Bank, shall be affected by way of the Customer and the Bank executing the relevant Asset Purchase Agreement and Asset Sale Agreement. (xi) Utilization of the Cash Line-i Facility: The Bank shall provide the Customer with a chequebook to enable the customer to withdraw money from the Current Account-i from time to time within the tenor and the limit of the Cash Line-i Facility. Any debit to the Current Account-i creating a debit balance shall constitute a utilization of the Cash Line-i Facility. Any credit to the Current Account-i shall constitute as a replenishment of the Cash Line-i Facility. Subject to Shariah, the Bank shall have the right to limit the utilization of the Cash Line-i Facility from the Current Account-i to any amount in the event of any breach of any terms and conditions herein and/or the occurrence of an Event of Default without any requirement for concurrence by the Customer in order to effect any limitation imposed by the Bank. (xii)
Review and Renewal. 12.1 This agreement will be reviewed after the first and third years and formally renewed every five years. Part D – Attachments and Schedules
