Term and Amendment Clause Samples
Term and Amendment. This MOU anticipates the Parties will determine feasibility and condition of sale and satisfactory use of the Property on or prior to December 31, 2024 June 30, 2025. If a purchase and sale agreement for the acquisition of the Property is not completed on or before that date (or an extension of that date is not agreed to by both Parties), this MOU will terminate. The Parties may mutually agree to extend this MOU beyond this date. Any amendment to this MOU must be in writing and mutually agreed to by both Parties.
Term and Amendment. 10.1 This Agreement will commence and will have effect on and from the date of acceptance as set out in the preamble of these terms and conditions and will expire upon reasonable notice being given by one party to the other or in accordance with clause 10.2.
Term and Amendment. This Data Processing Agreement shall remain in effect for as long as the User Agreement is in effect and may be changed in the same manner.
Term and Amendment. 9.1. This Agreement will commence on the day it is made and may be terminated by either party giving written notice to the other.
9.2. Notwithstanding clause 8.1, PDS CODE may terminate the Agreement without notice if the Customer is in default under this Agreement or commits an act of insolvency and an external administrator or controller, liquidator or trustee in bankruptcy is appointed to the Customer or the Guarantor.
9.3. PDS CODE may assign or otherwise transfer any of its rights under this Agreement.
9.4. The Customer may not without the prior written consent of PDS CODE assign or otherwise transfer any of its rights or obligations under this Agreement.
9.5. PDS CODE may amend the terms of this Agreement at any time by giving notice by mail, facsimile or email. The Customer, by placing any further order, will be deemed to have accepted the terms as amended.
Term and Amendment. 3.1 This Agreement shall be effective for a period starting [date] and ending [date], (the “Project Term”).
Term and Amendment. This Agreement shall be effective as of the 1st day of July 2024, and shall continue in full force and effect until 11:59 p.m. on June 30, 2025. Any changes, modifications, or amendments to this Agreement will be effective only if reduced to writing and signed by both parties.
Term and Amendment. This MOU will be effective for a period of five (5) years from the date of the last signature thereon. The term may be extended by mutual agreement of the Parties. Changes to any term in this MOU must be by written amendment executed by both Parties.
Term and Amendment. 9.1 This Agreement shall become effective as of the Effective Date and shall continue in effect for twelve (12) months.
9.2 This Agreement, in whole or part, may be amended from time-to-time upon the mutual agreement of the Parties in writing.
Term and Amendment. 12.1 Subject to clause 13, this Agreement will commence on the day it is made.
Term and Amendment. This Agreement shall amend only the due date of the Note and all other terms and conditions contained in the Note shall continue in full force and effect.