Common use of TERM AND CANCELLATION Clause in Contracts

TERM AND CANCELLATION. 22.1 Notwithstanding the date of signature hereof, the Commencement Date of this Agreement is ………… and the duration shall be for a three [3] year period, expiring on , unless: a) this Agreement is terminated by either Party in accordance with the provisions incorporated herein or in any schedules or annexures appended hereto, or otherwise in accordance with law or equity; or b) this Agreement is extended at Transnet’s option for a further period to be agreed by the Parties. 22.2 Notwithstanding clause 23 [Breach and Consequence of Termination], either Party may cancel this Agreement without cause by giving 30 [thirty] calendar days prior written notice thereof to the other Party, provided that in such instance, this Agreement will nevertheless be applicable in respect of all Purchase Orders which have been placed prior to the date of such cancellation.

Appears in 10 contracts

Samples: Master Agreement, Master Agreement, Master Agreement

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TERM AND CANCELLATION. 22.1 Notwithstanding the date of signature hereof, the Commencement Date of this Agreement is ……… and the duration shall be for a three [3………… [ …………] year period, expiring on , unless: a) this Agreement is terminated by either Party in accordance with the provisions incorporated herein or in any schedules or annexures appended hereto, or otherwise in accordance with law or equity; or b) this Agreement is extended at Transnet’s option for a further period to be agreed by the Parties. 22.2 Notwithstanding clause 23 [Breach and Consequence of Termination], either Party may cancel this Agreement without cause by giving 30 [thirty] calendar days prior written notice thereof to the other Party, provided that in such instance, this Agreement will nevertheless be applicable in respect of all Purchase Orders which have been placed prior to the date of such cancellation.

Appears in 8 contracts

Samples: Master Agreement for Transactional Banking Services, Master Agreement, Master Agreement

TERM AND CANCELLATION. 22.1 Notwithstanding the date of signature hereof, the Commencement Date of if this Agreement is ……… and the duration shall be for a three [3………… [ …………] year period, expiring on , unless: a) this Agreement is terminated by either Party in accordance with the provisions incorporated herein or in any schedules or annexures appended hereto, or otherwise in accordance with law or equity; or b) this Agreement is extended at Transnet’s option for a further period to be agreed by the Parties. 22.2 Notwithstanding clause 23 [Breach and Consequence of Termination], either Party may cancel this Agreement without cause by giving 30 [thirty] calendar days prior written notice thereof to the other Party, provided that in such instance, this Agreement will nevertheless be applicable in respect of all Purchase Orders which have been placed prior to the date of such cancellation.

Appears in 6 contracts

Samples: Master Agreement, Master Agreement, Master Agreement

TERM AND CANCELLATION. 22.1 20.1 Notwithstanding the date of signature hereof, the Commencement Date of this Agreement is ………… and the duration shall be for a three [3] year period, expiring on , unless: a) this Agreement is terminated by either Party in accordance with the provisions incorporated herein or in any schedules or annexures appended hereto, or otherwise in accordance with law or equity; or b) this Agreement is extended at Transnet’s option for a further period to be agreed by the Parties. 22.2 20.2 Notwithstanding clause 23 21 [Breach and Consequence of Termination], either Party may cancel this Agreement without cause by giving 30 [thirty] calendar days prior written notice thereof to the other Party, provided that in such instance, this Agreement will nevertheless be applicable in respect of all Purchase Orders which have been placed prior to the date of such cancellation.

Appears in 4 contracts

Samples: Master Agreement, Master Agreement, Master Agreement

TERM AND CANCELLATION. 22.1 20.1 Notwithstanding the date of signature hereof, the Commencement Date of if this Agreement is ………… and the duration shall be for a three [3………… [ ] year period, expiring on , unless: a) this Agreement is terminated by either Party in accordance with the provisions incorporated herein or in any schedules or annexures appended hereto, or otherwise in accordance with law or equity; or b) this Agreement is extended at Transnet’s option for a further period to be agreed by the Parties. 22.2 20.2 Notwithstanding clause 23 21 [Breach and Consequence of Termination], either Party may cancel this Agreement without cause by giving 30 [thirty] calendar days prior written notice thereof to the other Party, provided that in such instance, this Agreement will nevertheless be applicable in respect of all Purchase Orders which have been placed prior to the date of such cancellation.

Appears in 3 contracts

Samples: Master Agreement, Master Agreement, Master Agreement

TERM AND CANCELLATION. 22.1 21.1 Notwithstanding the date of signature hereof, the Commencement Date of if this Agreement is ………… and the duration shall be for a three [3………… [ ] year period, expiring on , unless: a) this Agreement is terminated by either Party in accordance with the provisions incorporated herein or in any schedules or annexures appended hereto, or otherwise in accordance with law or equity; or b) this Agreement is extended at Transnet’s option for a further period to be agreed by the Parties. 22.2 21.2 Notwithstanding clause 23 22 [Breach and Consequence of Termination], either Party may cancel this Agreement without cause by giving 30 [thirty] calendar days prior written notice thereof to the other Party, provided that in such instance, this Agreement will nevertheless be applicable in respect of all Purchase Orders which have been placed prior to the date of such cancellation.

Appears in 3 contracts

Samples: Master Agreement, Master Agreement, Master Agreement

TERM AND CANCELLATION. 22.1 Notwithstanding the date of signature hereof, the Commencement Date of this Agreement is ………… and the duration shall be for a three period of twenty four [324] year months period, expiring on , unless: a) this Agreement is terminated by either Party in accordance with the provisions incorporated herein or in any schedules or annexures appended hereto, or otherwise in accordance with law or equity; or b) this Agreement is extended at Transnet’s option for a further period to be agreed by the Parties. 22.2 Notwithstanding clause 23 [Breach and Consequence of Termination], either Party may cancel this Agreement without cause by giving 30 [thirty] calendar days prior written notice thereof to the other Party, provided that in such instance, this Agreement will nevertheless be applicable in respect of all Purchase Orders which have been placed prior to the date of such cancellation.

Appears in 3 contracts

Samples: Master Agreement, Master Agreement, Master Agreement

TERM AND CANCELLATION. 22.1 20.1 Notwithstanding the date of signature hereof, the Commencement Date of if this Agreement is ………… and ……………….and the duration shall be for a three twenty four [324] year month period, expiring on ………………………………, unless: a) this Agreement is terminated by either Party in accordance with the provisions incorporated herein or in any schedules or annexures appended hereto, or otherwise in accordance with law or equity; or b) this Agreement is extended at Transnet’s option for a further period to be agreed by the Parties. 22.2 20.2 Notwithstanding clause 23 21 [Breach and Consequence of Termination], either Party may cancel this Agreement without cause by giving 30 [thirty] calendar days prior written notice thereof to the other Party, provided that in such instance, this Agreement will nevertheless be applicable in respect of all Purchase Orders which have been placed prior to the date of such cancellation.

Appears in 2 contracts

Samples: Master Agreement, Master Agreement

TERM AND CANCELLATION. 22.1 21.1 Notwithstanding the date of signature hereof, the Commencement Date of if this Agreement is ………… 01 April 2017 and the duration shall be for a three [3] two year period, expiring on 31 March 2019, unless: a) this Agreement is terminated by either Party in accordance with the provisions incorporated herein or in any schedules or annexures appended hereto, or otherwise in accordance with law or equity; or b) this Agreement is extended at Transnet’s option for a further period to be agreed by the Parties. 22.2 21.2 Notwithstanding clause 23 22 [Breach and Consequence of Termination], either Party may cancel this Agreement without cause by giving 30 [thirty] calendar days prior written notice thereof to the other Party, provided that in such instance, this Agreement will nevertheless be applicable in respect of all Purchase Orders which have been placed prior to the date of such cancellation.

Appears in 2 contracts

Samples: Master Agreement, Master Agreement

TERM AND CANCELLATION. 22.1 Notwithstanding the date of signature hereof, the Commencement Date of if this Agreement is ………… and the duration shall be for a three ………… [3…………] year period, expiring on , unless: a) this Agreement is terminated by either Party in accordance with the provisions incorporated herein or in any schedules or annexures appended hereto, or otherwise in accordance with law or equity; or b) this Agreement is extended at Transnet’s option for a further period to be agreed by the Parties. 22.2 Notwithstanding clause 23 [Breach and Consequence of Termination], either Party may cancel this Agreement without cause by giving 30 [thirty] calendar days prior written notice thereof to the other Party, provided that in such instance, this Agreement will nevertheless be applicable in respect of all Purchase Orders which have been placed prior to the date of such cancellation.

Appears in 2 contracts

Samples: Master Agreement, Master Agreement

TERM AND CANCELLATION. 22.1 20.1 Notwithstanding the date of signature hereof, the Commencement Date of this Agreement is ………… and the duration shall be for a three [3] year period, expiring on , unless: a) this Agreement is terminated by either Party in accordance with the provisions incorporated herein or in any schedules or annexures appended hereto, or otherwise in accordance with law or equity; or b) this Agreement is extended at Transnet’s option for a further period to be agreed by the Parties. 22.2 20.2 Notwithstanding clause 23 21 [Breach and Consequence of Termination], either Party may cancel this Agreement without cause by giving 30 [thirty] calendar days prior written notice thereof to the other Party, provided that in such instance, this Agreement will nevertheless be applicable in respect of all Purchase Orders which have been placed prior to the date of such cancellation.

Appears in 2 contracts

Samples: Master Agreement, Master Agreement

TERM AND CANCELLATION. 22.1 21.1 Notwithstanding the date of signature hereof, the Commencement Date of if this Agreement is ………… TBA and the duration shall be for a three FIVE [35] year week period, expiring on TBA, unless: a) this Agreement is terminated by either Party in accordance with the provisions incorporated herein or in any schedules or annexures appended hereto, or otherwise in accordance with law or equity; or b) this Agreement is extended at Transnet’s option for a further period to be agreed by the Parties. 22.2 21.2 Notwithstanding clause 23 22 [Breach and Consequence of Termination], either Party may cancel this Agreement without cause by giving 30 [thirty] calendar days prior written notice thereof to the other Party, provided that in such instance, this Agreement will nevertheless be applicable in respect of all Purchase Orders which have been placed prior to the date of such cancellation.

Appears in 2 contracts

Samples: Master Agreement, Master Agreement

TERM AND CANCELLATION. 22.1 21.1 Notwithstanding the date of signature hereof, the Commencement Date of if this Agreement is ………… and the duration shall be for a three ………… [3…………] year period, expiring on , unless: a) this Agreement is terminated by either Party in accordance with the provisions incorporated herein or in any schedules or annexures appended hereto, or otherwise in accordance with law or equity; or b) this Agreement is extended at Transnet’s option for a further period to be agreed by the Parties. 22.2 21.2 Notwithstanding clause 23 22 [Breach and Consequence of Termination], either Party may cancel this Agreement without cause by giving 30 [thirty] calendar days prior written notice thereof to the other Party, provided that in such instance, this Agreement will nevertheless be applicable in respect of all Purchase Orders which have been placed prior to the date of such cancellation.

Appears in 2 contracts

Samples: Master Agreement, Master Agreement

TERM AND CANCELLATION. 22.1 21.1 Notwithstanding the date of signature hereof, the Commencement Date of if this Agreement is ………… 01 September 2019 and the duration shall be for a three twenty four [324] year month period, expiring on 31 August 2021, unless: a) this Agreement is terminated by either Party in accordance with the provisions incorporated herein or in any schedules or annexures appended hereto, or otherwise in accordance with law or equity; or b) this Agreement is extended at Transnet’s option for a further period to be agreed by the Parties. 22.2 21.2 Notwithstanding clause 23 22 [Breach and Consequence of Termination], either Party may cancel this Agreement without cause by giving 30 [thirty] calendar days prior written notice thereof to the other Party, provided that in such instance, this Agreement will nevertheless be applicable in respect of all Purchase Orders which have been placed prior to the date of such cancellation.

Appears in 1 contract

Samples: Master Agreement

TERM AND CANCELLATION. 22.1 21.1 Notwithstanding the date of signature hereof, the Commencement Date of if this Agreement is ………… TBA and the duration shall be for a three 8 [3eight] year day period, expiring on TBA, unless: a) this Agreement is terminated by either Party in accordance with the provisions incorporated herein or in any schedules or annexures appended hereto, or otherwise in accordance with law or equity; or b) this Agreement is extended at Transnet’s option for a further period to be agreed by the Parties. 22.2 21.2 Notwithstanding clause 23 22 [Breach and Consequence of Termination], either Party may cancel this Agreement without cause by giving 30 [thirty] calendar days prior written notice thereof to the other Party, provided that in such instance, this Agreement will nevertheless be applicable in respect of all Purchase Orders which have been placed prior to the date of such cancellation.

Appears in 1 contract

Samples: Master Agreement

TERM AND CANCELLATION. 22.1 Notwithstanding the date of signature hereof, the Commencement Date of if this Agreement is ……… and the duration shall be for a three thirty six [336] year month period, expiring on , unless: a) this Agreement is terminated by either Party in accordance with the provisions incorporated herein or in any schedules or annexures appended hereto, or otherwise in accordance with law or equity; or b) this Agreement is extended at Transnet’s option for a further period to be agreed by the Parties. 22.2 Notwithstanding clause 23 [Breach and Consequence of Termination], either Party may cancel this Agreement without cause by giving 30 [thirty] calendar days prior written notice thereof to the other Party, provided that in such instance, this Agreement will nevertheless be applicable in respect of all Purchase Orders which have been placed prior to the date of such cancellation.

Appears in 1 contract

Samples: Master Agreement

TERM AND CANCELLATION. 22.1 21.1 Notwithstanding the date of signature hereof, the Commencement Date of if this Agreement is ………… TBA and the duration shall be for a three twelve [312] year month period, expiring on TBA, unless: a) this Agreement is terminated by either Party in accordance with the provisions incorporated herein or in any schedules or annexures appended hereto, or otherwise in accordance with law or equity; or b) this Agreement is extended at Transnet’s option for a further period to be agreed by the Parties. 22.2 21.2 Notwithstanding clause 23 22 [Breach and Consequence of Termination], either Party may cancel this Agreement without cause by giving 30 [thirty] calendar days prior written notice thereof to the other Party, provided that in such instance, this Agreement will nevertheless be applicable in respect of all Purchase Orders which have been placed prior to the date of such cancellation.

Appears in 1 contract

Samples: Master Agreement

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TERM AND CANCELLATION. 22.1 Notwithstanding the date of signature hereof, the Commencement Date of if this Agreement is ………… 1 February 2020 and the duration shall be for a three [3] year period, expiring on 31 January 2023, unless: a) this Agreement is terminated by either Party in accordance with the provisions incorporated herein or in any schedules or annexures appended hereto, or otherwise in accordance with law or equity; or b) this Agreement is extended at Transnet’s option for a further period to be agreed by the Parties. 22.2 Notwithstanding clause 23 [Breach and Consequence of Termination], either Party may cancel this Agreement without cause by giving 30 [thirty] calendar days prior written notice thereof to the other Party, provided that in such instance, this Agreement will nevertheless be applicable in respect of all Purchase Orders which have been placed prior to the date of such cancellation.

Appears in 1 contract

Samples: Master Agreement

TERM AND CANCELLATION. 22.1 20.1 Notwithstanding the date of signature hereof, the Commencement Date of if this Agreement is ………… ………………………and the duration shall be for a three [3] year period, expiring on ………………………………………………., unless: a) this Agreement is terminated by either Party in accordance with the provisions incorporated herein or in any schedules or annexures appended hereto, or otherwise in accordance with law or equity; or b) this Agreement is extended at Transnet’s option for a further period to be agreed by the Parties. 22.2 20.2 Notwithstanding clause 23 21 [Breach and Consequence of Termination], either Party may cancel this Agreement without cause by giving 30 [thirty] calendar days prior written notice thereof to the other Party, provided that in such instance, this Agreement will nevertheless be applicable in respect of all Purchase Orders which have been placed prior to the date of such cancellation.

Appears in 1 contract

Samples: Master Agreement

TERM AND CANCELLATION. 22.1 20.1 Notwithstanding the date of signature hereof, the Commencement Date of if this Agreement is ………… and the duration shall be for a three Twenty nine [329] year period, expiring on , unless: a) this Agreement is terminated by either Party in accordance with the provisions incorporated herein or in any schedules or annexures appended hereto, or otherwise in accordance with law or equity; or b) this Agreement is extended at TransnetTNPA’s option for a further period to be agreed by the Parties. 22.2 20.2 Notwithstanding clause 23 21.1 [Breach and Consequence of Termination], either Party may cancel this Agreement without cause by giving 30 [thirty] calendar days prior written notice thereof to the other Party, provided that in such instance, this Agreement will nevertheless be applicable in respect of all Purchase Orders which have been placed prior to the date of such cancellation.

Appears in 1 contract

Samples: Master Agreement

TERM AND CANCELLATION. 22.1 21.1 Notwithstanding the date of signature hereof, the Commencement Date of this Agreement is ……… and the duration shall be for a three [3………… [ …………] year period, expiring on , unless: a) this Agreement is terminated by either Party in accordance with the provisions incorporated herein or in any schedules or annexures appended hereto, or otherwise in accordance with law or equity; or b) this Agreement is extended at TransnetTPT’s option for a further period to be agreed by the Parties. 22.2 21.2 Notwithstanding clause 23 22 [Breach and Consequence of Termination], either Party may cancel this Agreement without cause by giving 30 [thirty] calendar days prior written notice thereof to the other Party, provided that in such instance, this Agreement will nevertheless be applicable in respect of all Purchase Orders which have been placed prior to the date of such cancellation.

Appears in 1 contract

Samples: Master Agreement

TERM AND CANCELLATION. 22.1 21.1 Notwithstanding the date of signature hereof, the Commencement Date of if this Agreement is ………… TBA and the duration shall be for a three 20 [3TWENTY] year day period, expiring on TBA, unless: a) this Agreement is terminated by either Party in accordance with the provisions incorporated herein or in any schedules or annexures appended hereto, or otherwise in accordance with law or equity; or b) this Agreement is extended at Transnet’s option for a further period to be agreed by the Parties. 22.2 21.2 Notwithstanding clause 23 22 [Breach and Consequence of Termination], either Party may cancel this Agreement without cause by giving 30 [thirty] calendar days prior written notice thereof to the other Party, provided that in such instance, this Agreement will nevertheless be applicable in respect of all Purchase Orders which have been placed prior to the date of such cancellation.

Appears in 1 contract

Samples: Master Agreement

TERM AND CANCELLATION. 22.1 21.1 Notwithstanding the date of signature hereof, the Commencement Date of this Agreement is ………… and the duration shall be for a three period of twenty four [324] year months period, expiring on , unless: a) this Agreement is terminated by either Party in accordance with the provisions incorporated herein or in any schedules or annexures appended hereto, or otherwise in accordance with law or equity; or b) this Agreement is extended at Transnet’s option for a further period to be agreed by the Parties. 22.2 21.2 Notwithstanding clause 23 22 [Breach and Consequence of Termination], either Party may cancel this Agreement without cause by giving 30 [thirty] calendar days prior written notice thereof to the other Party, provided that in such instance, this Agreement will nevertheless be applicable in respect of all Purchase Orders which have been placed prior to the date of such cancellation.

Appears in 1 contract

Samples: Master Agreement

TERM AND CANCELLATION. 22.1 Notwithstanding the date of signature hereof, the Commencement Date of this Agreement is ………… and the duration shall be for a three period of twenty twelve [312] year months with an option to extend for a further twelve (12) months period, expiring on …………, unless: a) this Agreement is terminated by either Party in accordance with the provisions incorporated herein or in any schedules or annexures appended hereto, or otherwise in accordance with law or equity; or b) this Agreement is extended at Transnet’s option for a further period to be agreed by the Parties. 22.2 Notwithstanding clause 23 [Breach and Consequence of Termination], either Party may cancel this Agreement without cause by giving 30 [thirty] calendar days prior written notice thereof to the other Party, provided that in such instance, this Agreement will nevertheless be applicable in respect of all Purchase Orders which have been placed prior to the date of such cancellation.

Appears in 1 contract

Samples: Master Agreement

TERM AND CANCELLATION. 22.1 Notwithstanding the date of signature hereof, the Commencement Date of this Agreement is ………… 01 October 2017 and the duration shall be for a period of three years [3] year period, expiring on 30 September 2020, unless: a) this Agreement is terminated by either Party in accordance with the provisions incorporated herein or in any schedules or annexures appended hereto, or otherwise in accordance with law or equity; or b) this Agreement is extended at Transnet’s option for a further period to be agreed by the Parties. 22.2 Notwithstanding clause 23 [Breach and Consequence of Termination], either Party may cancel this Agreement without cause by giving 30 [thirty] calendar days prior written notice thereof to the other Party, provided that in such instance, this Agreement will nevertheless be applicable in respect of all Purchase Orders which have been placed prior to the date of such cancellation.

Appears in 1 contract

Samples: Master Agreement

TERM AND CANCELLATION. 22.1 19.1 Notwithstanding the date of signature hereof, the Commencement Date of if this Agreement is ……………… and the duration shall be for a three [303] year period, expiring on , unless: a) this Agreement is terminated by either Party in accordance with the provisions incorporated herein or in any schedules or annexures appended hereto, or otherwise in accordance with law or equity; or b) this Agreement is extended at Transnet’s option for a further period to be agreed by the Parties. 22.2 19.2 Notwithstanding clause 23 20 [Breach and Consequence of Termination], either Party may cancel this Agreement without cause by giving 30 [thirty] calendar days prior written notice thereof to the other Party, provided that in such instance, this Agreement will nevertheless be applicable in respect of all Purchase Orders which have been placed prior to the date of such cancellation.

Appears in 1 contract

Samples: Master Agreement

TERM AND CANCELLATION. 22.1 Notwithstanding the date of signature hereof, the Commencement Date of if this Agreement is ……… and the duration shall be for a three two [32] year period, expiring on , unless: a) this Agreement is terminated by either Party in accordance with the provisions incorporated herein or in any schedules or annexures appended hereto, or otherwise in accordance with law or equity; or b) this Agreement is extended at Transnet’s option for a further period to be agreed by the Parties. 22.2 Notwithstanding clause 23 [Breach and Consequence of Termination], either Party may cancel this Agreement without cause by giving 30 [thirty] calendar days prior written notice thereof to the other Party, provided that in such instance, this Agreement will nevertheless be applicable in respect of all Purchase Orders which have been placed prior to the date of such cancellation.

Appears in 1 contract

Samples: Master Agreement

TERM AND CANCELLATION. 22.1 21.1 Notwithstanding the date of signature hereof, the Commencement Date of this Agreement is ……… and the duration shall be for a three Three [3] year period, expiring on , unless: a) this Agreement is terminated by either Party in accordance with the provisions incorporated herein or in any schedules or annexures appended hereto, or otherwise in accordance with law or equity; or b) this Agreement is extended at Transnet’s option for a further period to be agreed by the Parties. 22.2 21.2 Notwithstanding clause 23 22 [Breach and Consequence of Termination], either Party may cancel this Agreement without cause by giving 30 [thirty] calendar days prior written notice thereof to the other Party, provided that in such instance, this Agreement will nevertheless be applicable in respect of all Purchase Orders which have been placed prior to the date of such cancellation.

Appears in 1 contract

Samples: Master Agreement

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