TERM AND Sample Clauses

TERM AND. IMPLEMENTATION a) The Municipality and the NVCA agree: i) The term of this agreement shall be for a period of three years from the date of execution by the Municipality and the agreement shall be automatically extended for additional three-year terms, on the same terms and conditions as contained herein at the discretion of the municipality and the NVCA, until terminated or amended by either party in accordance with subsection 3(b) herein. Notwithstanding the above, the Screening Maps may be updated at any time at the discretion of the Municipality and the NVCA; ii) That the municipality and the CA will generally review this Agreement annually, to consider changes in programs of the parties or changes in Provincial policies, and at least three months prior to the expiry of each three-year term. The municipality’s Planning and Building Department and NVCA staff will monitor the agreement and its expiry; iii) To explore further opportunities to streamline the plan review system as it relates to Provincial and regional/local interests; iv) To make provisions for NVCA staff to attend Ontario Municipal Board Hearings with municipal staff, with respect to the plan review and technical clearance services provided pursuant to this agreement. Where municipal staff are attending Hearings in which matters of mutual interest are at issue, municipal staff may attend to represent both agencies’ interests, at the mutual agreement of both parties. Notwithstanding the aforesaid, the NVCA will not be precluded from independently appealing a decision to the Ontario Municipal Board if they so choose; v) To participate jointly in preconsultation as appropriate for new development proposals; vi) That fees for plan review and technical clearance services shall be set by the NVCA, as approved by the Nottawasaga Valley Conservation Authority Board of Directors, and reflected in the approved planning Fee Schedules, and any approved revised Schedules will be provided to the municipality as they occur. The municipality shall collect the base NVCA planning application fee, and remit any fees collected in a timely manner with the application to the NVCA; vii) That the NVCA shall be responsible for collecting any further Processing/Approvals/and/or additional fees as required; viii) It is agreed that the Municipality will not knowingly or without prior communication to the NVCA issue building permits or provide final approval if the NVCA has not signed off on any application which may r...
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TERM AND. CAPITALIZATION The term of the Company commenced as of the date of the filing of the Articles of Organization in the California Department of State. The Company may cease raising further monies at such time as the aggregate contributions of Members hereunder (n the aggregate with any loans contributed towards the capitalization of the Company) equal at least Twenty Million Dollars ($20,000,000) (the Minimum Capitalization ). The Managers shall not be precluded from continuing to obtain additional funds from Members until the Company is able to raise a Maximum Capitalization of no more than Fifty Million Dollars ($50,000,000) has been paid in. The actual capitalization raised by the Company hereunder (the Original Capital or the Capitalization ) shall be raised, if ever, prior to 31 December, 2021, or, if the Series has begun to air prior to such time, until the last episode of the Series has aired, and shall equal an amount no greater than the Maximum Capitalization and no less than the Minimum Capitalization. Notwithstanding anything herein to the contrary, the Company may accept loans, promissory notes, sponsorship, amounts earned as a result of the Series, either from studio(s), network(s), production company(s) and/or advertisers, or other financing at any time which may count towards or constitute part of the Minimum Capitalization or the Original Capital, and nothing shall prohibit the acceptance of loans or other non-equity financing after the Maximum Capitalization has been paid in. Loans shall be repaid prior to any recoupment of contributions by Members, pursuant to the terms of Article Vl (A)(2). By their signature to the Subscription Agreement attached to this Agreement, Members have the choice of authorizing the Managers to expend any or all of their capital contributions on an immediate use basis, i.e., prior to the Minimum Capitalization having been contributed. Accordingly, such contributions may be spent, prior to the Company reaching the Capitalization, for any proper purpose of the Company, pursuant to the terms of the Immediate Use Authorization signed by the Member. If the Capitalization is not raised by the deadlines set forth above, all unspent monies contributed hereunder shall be returned to the investors pursuant to Article IV hereof. The term of the Company shall terminate in accordance with Article X.
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TERM AND termination
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TERM AND. TERMINATION 11.
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TERM AND a. The initial term (“Initial Term”) of this shall be for one (1) year on the Date. This shall for periods of one (1) year a “Renewal Term”), by Party in writing (90) days prior of the Initial Term or the Term in (as applicable). The Initial Term and applicable Term(s) shall be collectively as the “Term”. b. may this upon notice in the i. Breach of any provision of this by ii. fails perform its or iii. or in any activity fraud a Provider iv. or any order for service;
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TERM AND. This Collective Agreement shall be in effect from September and shall continue in operation until August and from year to year thereafter unless either party notifies the other, in writing, within one hundred and fifty 50) days period to the expiration date that it desires to bargain with a view to renewal, with or without modifications of the Collective Agreement then in operation. The parties shall meet within fifteen (15) days from the date of notice pursuant to (a) or within such further period as the parties agree upon. The Collective Agreement may be altered only through the mutual written consent of the Board and the Bargaining Unit. A party desiring to amend under Article shall give written notice to the other party to this effect. The parties shall meet within thirty (30) calendar days to determine if the other party will agree to negotiate the proposed change. Any recommended alterations shall be subject to ratification procedures of each party.
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TERM AND 
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Related to TERM AND

  • Initial Term The initial term will begin on the date set forth in the Contract documents or on the date the Contract is signed by all Parties, whichever is later.

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

  • Renewal Term If not sooner terminated, this Agreement shall renew at the end of the Initial Term and shall thereafter continue for successive annual periods, provided such continuance is specifically approved at least annually (i) by the Fund’s Board of Trustees or (ii) by a vote of a majority of the outstanding voting securities of the relevant portfolio of the Fund, provided that in either event the continuance is also approved by the majority of the Trustees of the Fund who are not interested persons (as defined in the 0000 Xxx) of any party to this Agreement by vote cast in person at a meeting called for the purpose of voting on such approval. If a plan under Rule 12b-1 of the 1940 Act is in effect, continuance of the plan and this Agreement must be approved at least annually by a majority of the Trustees of the Fund who are not interested persons (as defined in the 0000 Xxx) and have no financial interest in the operation of such plan or in any agreements related to such plan, cast in person at a meeting called for the purpose of voting on such approval.

  • Initial Term and Renewal This Agreement shall become effective upon its execution and, shall have an initial term of five (5) years. Following the expiration of the initial term, the Agreement shall automatically renew for successive one-year terms until such time that the Agreement is terminated by either Party upon giving the other Party six (6) months’ written notice of termination.

  • Consulting Period In the event that, during the Employment Term and prior to a Change of Control of the Company (as defined under the Option Plan), Executive’s employment hereunder is terminated by the Company without Cause or by Executive for Constructive Termination, and at the time of such termination the Company is actively engaged in substantive negotiations (and has conducted more than preliminary due diligence investigations) with respect to a transaction that, if consummated, would result in a Change of Control of the Company, then Executive agrees to continue to serve the Company and its Subsidiaries and Affiliates as a consultant for a period of 12 months following such termination of Executive’s employment and the Employment Term (the “Consulting Period”). In such role, Executive will advise the Chief Executive Officer of the Company on such matters as the Chief Executive Officer shall reasonably request (including advising on strategic matters and working with the Chief Executive Officer towards the successful completion of a Change in Control of the Company), shall meet with the Board periodically as requested by it, and shall assume such other responsibilities as the Executive and the Company’s Chief Executive Officer or the Board shall mutually agree. Executive shall not be required to provide such consulting services in any Company office or to maintain any specified or minimum office hours, but agrees to make himself reasonably available to the Company in connection with such consulting services. As consideration for such consulting services, Executive shall continue to vest in Executive’s then unvested Stock Options in accordance with the normal vesting schedule during the period of continuous service (i.e., with the period of consultancy being treated as “continuous services” for purposes of the Stock Options, and with the potential for accelerated vesting in connection with a Change of Control during the Consulting Period,), Executive shall be paid a per diem amount for his consulting services, and Executive shall be promptly reimbursed for travel, food, lodging and other out-of pocket expenses reasonably incurred by Executive in performing such services, in each case on terms mutually agreed to by the Executive and the Company’s Chief Executive Officer or the Board. If the Change of Control occurs prior to the end of such 12 month period, then the Consulting Period shall terminate immediately following the effective date of the Change of Control.

  • Commencement of Term (a) The Premises shall be deemed substantially completed upon the issuance of a certificate of substantial completion by Landlord's architect or a certificate of occupancy by the local building authority, notwithstanding that minor or insubstantial details of construction, mechanical adjustment or decoration remain to be performed. If the substantial completion of the Premises by Landlord is delayed in any way by Tenant or Tenant's Representatives, the Premises shall be deemed substantially completed for purposes of this Section on the date when they would have been substantially completed but for such delay. (b) Tenant's taking possession of the Premises shall be conclusive evidence that the Premises were in good order, condition and repair when Tenant took possession, except for those matters (for which Landlord is responsible as provided in this Lease) of which Tenant gives Landlord notice within 10 days after taking possession. Landlord shall complete or repair such matters as soon as reasonably possible. (c) If Landlord is unable to deliver possession of the Premises to Tenant within 180 days after the Expected Commencement Date (the Outside Commencement Date), then Tenant, as its sole remedy, may terminate this Lease by notice to Landlord given within 10 days after the Outside Commencement Date. The Outside Commencement Date shall be extended by the period of any delay described in Section 1(a). Landlord shall not be liable to Tenant or any third party for its failure to deliver possession of the Premises to Tenant. If the Commencement Date does not occur within one year after the Expected Commencement Date, this Lease shall terminate and Landlord and Tenant shall have no further obligations to the other, except as may otherwise be provided in this Lease. (d) After the Commencement Date has been determined, Landlord and Tenant shall execute a supplemental agreement specifying the Commencement Date, Termination Date and such other information as Landlord shall reasonably require.

  • Renewal Contract Term Upon mutual written agreement, the Parties may renew this Contract, in whole or in part, for a Renewal Term not to exceed the Initial Contract Term, pursuant to the incorporated Special Contract Conditions.

  • ENGAGEMENT TERM The Placement Agent’s engagement hereunder will be until the earlier of (i) sixty (60) days and (ii) the Closing Date. The date of termination of this Agreement is referred to herein as the “Termination Date.” In the event, however, in the course of the Placement Agent’s performance of due diligence it deems it necessary to terminate the engagement with respect to itself, such Placement Agent may do so prior to the Termination Date. The Company may elect to terminate the engagement hereunder for any reason prior to the Termination Date but will remain responsible for fees and expenses pursuant to Section 3 hereof and fees with respect to the Securities if sold in the Placement. Notwithstanding anything to the contrary contained herein, the provisions concerning the Company’s obligation to pay any fees actually earned pursuant to Section 3 hereof, to pay expenses pursuant to Section 3 hereof, and the provisions concerning confidentiality, indemnification and contribution, and no fiduciary relationship and governing law (including the waiver of the right to trial by jury) contained herein will survive any expiration or termination of this Agreement. If this Agreement is terminated prior to the completion of the Placement, all fees and expenses due to the Placement Agent shall be paid by the Company to the Placement Agent on or before the Termination Date (in the event such fees are earned or owed as of the Termination Date). The Placement Agent agrees not to use any confidential information concerning the Company provided to such Placement Agent by the Company for any purposes other than those contemplated under this Agreement.

  • The term Deferred Sales Charge Payment Date" shall mean June 10, 2017 and the tenth day of each month thereafter through October 10, 2017.

  • Expiration of Employment Term (i) In the event Executive elects not to extend the Employment Term pursuant to Section 1 and Executive’s employment has not been earlier terminated pursuant to Sections 7(a), (b), (c), or (e), the Employment Term shall expire and Executive’s employment hereunder shall terminate as of the end of the day immediately preceding the commencement of a subsequent Renewal Term, and Executive shall be entitled to receive the Accrued Rights. Except as set forth in this Section 7(d)(i) and for any rights to indemnification and claims for liability insurance coverage under officer and director policies, Executive shall have no further rights to any compensation or any other benefits under this Agreement. (ii) In the event the Company elects not to extend the Employment Term pursuant to Section 1 and Executive’s employment has not been earlier terminated pursuant to Sections 7(a), (b), (c), or (e), the Employment Term shall expire and Executive’s employment hereunder shall terminate as of the end of the day immediately preceding the commencement of a subsequent Renewal Term, and Executive shall be entitled to receive the payments and benefits applicable to a termination of Executive’s employment without Cause pursuant to Section 7(c) or Section 7(e), as applicable. Except as set forth in this Section 7(d)(ii) and for any rights to indemnification and claims for liability insurance coverage under officer and director policies, Executive shall have no further rights to any compensation or any other benefits under this Agreement.