Supplement Term Clause Samples

A Supplement Term clause defines additional or modified terms that apply to a contract, often in relation to specific products, services, or circumstances not fully addressed in the main agreement. This clause typically references separate documents or schedules that outline these supplementary provisions, which may include unique pricing, service levels, or regulatory requirements. Its core function is to provide flexibility and clarity by allowing the contract to adapt to particular needs or changes without renegotiating the entire agreement.
Supplement Term. The Term of this Supplement shall commence as of 12:00:01 a.m., Pacific Time on the Supplement Effective Date and continue until 11:59:59 p.m., Pacific Time, on [________], 20[__] unless this Supplement is terminated as provided herein or in the MSA, in which case the Term of this Supplement shall end at 11:59:59 p.m., Pacific Time, on the effective date of such termination or the date to which this Supplement is extended. The Supplement Commencement Date is [__________].
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Supplement Term. This Supplement shall be effective as of the later of (i) the date on which the Wholesale Power Contract becomes effective and (ii) the date on which the Administrator's approval of this Supplement is effective and shall continue in effect until termination of the LPM Contract, whether as the result of early termination, cancellation in the event of default prior to the end of the fixed term, or otherwise (such period, the "Supplement Term"); provided, however, that any Party's cost or liability to the other Party hereunder, or as the result of the LPM Contract, that arises prior to such termination and certain rights and obligations, as expressly provided in Sections 3.3.2, 5.3 and 7 of this Supplement, shall survive the Supplement Term.
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Supplement Term. Unless otherwise specified in a particular Supplement for a specified reason, the initial term for each particular Supplement shall begin on the first day of the month following the day the Supplement is approved by both Licensor and Licensee (“Supplement Effective Date”) and shall end upon the expiration of the Term, unless such individual Supplement is earlier terminated or this Agreement is extended or terminated, as provided for herein (the “Supplement Term”). All of the provisions of this Agreement shall be in effect during the Supplement Term. The expiration or termination of the Agreement shall immediately terminate all Supplements. Any holding over after the expiration of the Supplement Term shall constitute a default by Licensee, notwithstanding that Licensor may elect to accept one or more payments of fees from Licensee after such default occurs.
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Supplement Term. The term of each Supplemental Site License shall be in effect for a period of five (5) years commencing on the “Commencement Date” determined in accordance with each Site Supplement. Unless otherwise terminated, a Supplement Term and License provided for herein will continue uninterrupted, and will automatically be extended for up to two (2), successive, five (5) year periods (each, a “Renewal Term”), with the first five-year extension of the Supplement Term commencing immediately upon the expiration of the initial period of the Supplement Term, and the second five-year extension of the Supplement Term commencing immediately upon the expiration of the preceding additional period of the Term, unless notice of non-extension is provided by either party to the other prior to the commencement of the succeeding Renewal Term. All of the provisions of this Agreement shall be in effect during the Supplement Term and any extension of the Supplement Term.
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Supplement Term. The Term of this Supplement shall commence as of 12:00:01 a.m., _________ Time on the Supplement Effective Date and shall continue until the date of expiration or earlier termination of the MPSA, unless this Supplement is terminated as provided in the MPSA, in which case the Term of this Supplement shall end at 11:59:59 p.m., Central Time, on the effective date of such termination. The Supplement Commencement Date is [ ]. 4.
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Supplement Term. This Supplement is effective on the date it has been signed by every Party hereto and all approvals required by applicable laws have been obtained (the “Supplement Effective Date”). No payment shall be made prior to the Supplement Effective
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Supplement Term. The Supplement Term shall commence as of 12:00:01 a.m., Central Time on the Supplement Effective Date and shall continue until the date that is ten (10) years from the Supplement Effective Date; provided that if the Parties elect not to extend the MPSA in accordance with Section 3.1 of the MPSA with respect to Acute Care, then, at any time following February 16, 2024, Ascension Health may elect to terminate this Supplement for convenience upon notice to Supplier at any time, effective no earlier than February 16, 2026. For the avoidance of doubt, the Parties acknowledge that (a) the expiration date of the MPSA is unchanged by virtue of this Supplement and (b) the termination rights in Section 20 of the MPSA apply to this Supplement.
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Supplement Term. Unless otherwise specified in a Supplement, the initial term for each particular Supplement shall begin on its effective date (“Supplement Effective Date”) and shall end upon the expiration of the Term, unless such individual Supplement is earlier terminated or this Agreement is extended or terminated, as provided for herein (the “Supplement Term”). If a Supplement is added after the Initial Term of this Agreement, the Supplement shall set forth whether the Supplement may be extended beyond the Renewal Terms provided for in this Agreement, as set forth in Section 2.1, and, if so, for what terms. All of the provisions of this Agreement shall be in effect during the Supplement Term. The expiration or termination of the Agreement shall immediately terminate all Supplements unless the Supplements provide otherwise. Any holding over after the expiration of the Supplement Term shall not be considered as a renewal or extension of the Supplement Term but shall be an extension of the terms and conditions of the Supplement for one (1) year terms thereafter until terminated by either Party by giving written notice to the other party of its intention to terminate the Supplement at least six (6) months prior to the end of such one-year term. The License Fee during such one-year term shall be equal to the License Fee paid during the last year of the final Supplement renewal term, increased annually as described in Section 5.2.
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Supplement Term. A Supplement will begin on the earlier of (1) the date Customer begins to use the applicable Product or (2) the date Customer executes an Order Schedule for the applicable Product and will continue until the expiration of the Product Term.
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Related to Supplement Term

  • Amendment Term The term of the Master Agreement may be amended past the initial term and stated renewal periods for a reasonable period if in the judgment of the Lead State a follow-on competitive procurement will be unavoidably delayed (despite good faith efforts) beyond the planned date of execution of the follow-on master agreement. This subsection will not be deemed to limit the authority of a Lead State under its state law to otherwise negotiate contract extensions.

  • Agreement Term This Agreement commences on the Effective Date and continues until terminated in compliance with this Clause.

  • Payment Term 6.1 With the acceptance of the offer by receiving the Confirmation Email the Lender must pay in the entire loan amount to the Escrow-Account within seven days as laid out in described in the Confirmation Email. The transfer can be made using all the payment methods offered by the platform, including: bank transfer, SEPA direct debit, credit card (up to a maximum of EUR 1,500), SOFORT and use of funds already available on the Investor Wallet. 6.2 If the lender does not comply with his obligation to pay within seven days, the loan agreement expires automatically, without the need for a separate termination by the borrower. 6.3 The offer is not complete and effective until the complete loan amount has been paid into the Escrow-Account as published on the platform. The transfer may be carried out by any of the payment methods offered by the Platform, such as bank transfer, SEPA Direct Debit, credit aard (up to EUR 1,500 maximum), SOFORT and use of funds already available on the Investor Wallet.

  • Basic Term Subject to earlier termination in accordance with subsection 6(b) below, the exercise period of this option shall expire ten (10) years after the date it is granted.

  • Amendment; Termination Notwithstanding any provision of this Agreement to the contrary, we will not amend this Arbitration Provision in a manner that adversely affects your rights or responsibilities in a material manner unless we give you a right to reject the amendment and/or the Arbitration Provision in its entirety.