Term and Purpose Sample Clauses

Term and Purpose. Long term leaves may be granted for up to one (1) year to those employees who have served the District a minimum of five (5) years. Leaves shall be granted for the purpose of study, travel, exchange programs, medical recuperation, child care needs which require the employee's permanent presence in the home and other such reasons pending board approval. Upon return from leave the employee shall be placed in a similar position in the District.
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Term and Purpose. RTFC agrees to make advances to the Borrower pursuant to the terms of this Agreement ("Advances") in an amount not to exceed the Commitment or such lesser amount as may be approved by RTFC in accordance with the terms and conditions hereof. RTFC shall not be obligated to make any Advances hereunder after two years from the date hereof (the "Termination Date"). All amounts outstanding hereunder shall be due and payable on August 30, 2000 (the "Maturity Date"). The Borrower agrees that all Advances hereunder shall be used solely for the purpose of (i) financing the purchase and installation of new hardware and related software to support Borrower's Line Information Data Base operation and other RTFC approved items; and (ii) purchasing a Subordinated Capital Certificate ("SCC").
Term and Purpose. The principal business activity and purposes of the Company shall be the ownership and operation of IZOLA™ bread cafes and the marketing, licensing and sale of products and services using the IZOLA™ trade name, or any successor trade name. An additional business and purpose of the Company, which may not be operated for profit purposes, is the promotion of social and environmental change by supporting positive business practices, as determined by the Manager, including reducing inequality, lowering poverty levels, creating more sustainability for our environment, and building stronger communities. The business and purposes of the Company shall be limited to the foregoing principal business activities and any incidental business necessary or convenient to the conduct, promotion or attainment of the business purposes or activities of the Company. The term of the Company’s existence (the “Term”) commenced on the filing of the Articles and will continue until terminated in accordance with the provisions of this Agreement.
Term and Purpose. 1. The Lessee agrees to use and occupy the premises for offices and operating space for telemarketing facility, and no other purpose, for a term of ____________________________ years, said lease term beginning on September 1, 1994, and ending on August 31, [ILLEGIBLE] 2004 unless sooner terminated as hereinafter provided.
Term and Purpose of the Restated Stations Agreement The Restated Stations Agreement (Agreement) was signed by RailCorp and ALC on 13 October 2005. The Agreement adopts many of the terms of the Original Stations Agreement while: • deleting those provisions that have become redundant due to the effluxion of time or the settlement of the disputes; • amending other provisions to accommodate the settlement of the disputes or changed circumstances due to the effluxion of time; and • introducing new provisions to give effect to the settlement of the disputes. The Agreement came into effect on 13 October 2005 (Effective Restatement Date). It remains on foot for the remainder of the original 30 year concession period (Operations Term) and accordingly will terminate on 20 May 2030 unless: • terminated earlier under the termination provisions; or • extended for each day (if any) an Uninsurable Force Majeure Event prevents the four Stations from opening or the Timetabled Trains from operating at all on that day. There is no other provision under the Agreement to extend the Operations Term. On termination for whatever reason the Stations which have been constructed on land to be leased by RailCorp to ALC will revert to RailCorp ownership. At that time ALC must offer to sell (but RailCorp is not obliged to purchase) the associated Station Assets being equipment, stock, manuals and the like. The purpose of the Agreement is to: • govern the relationship between the ALC and RailCorp for the balance of the Operations Term but without affecting the application of the Original Stations Agreement prior to the Effective Restatement Date. Nevertheless, some provisions of the Agreement require certain calculations and measurements under the Agreement to be made from dates prior to the Effective Restatement Date. For example, the performance regime (see section 4.2) is expressed to commence from 1 January 2002 and payment of the Capped Amount (see section 4.5) is backdated to 1 October 2001; • preserve the rights and obligations of the parties under the Original Stations Agreement in respect of the design, construction and commissioning of the Stations; and • subject to obligations on RailCorp to grant Leases of the Stations to ALC to leave its current occupancy rights unaffected. Draft Leases of the Airport and non Airport Stations are annexed to the Agreement awaiting execution by the parties following resolution of a head lease of the airport land with SACL and transfer to RailCorp of Roads and...
Term and Purpose. 2.1 This Agreement shall commence on the Effective Date and shall continue in force until the tenth (10) anniversary of the Effective Date unless terminated in respect of all the Parties in accordance with Clause 21 (the "Term").
Term and Purpose. (a) The term of this Agreement shall commence upon execution by the Commissioner of the County of Westchester Department of Environmental Facilities, and terminate on September 30, 2023, unless sooner terminated as hereinafter provided.
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Term and Purpose. 3.1 The term of this Agreement shall be for a period of three (3) years, commencing on the 1st day of May, 2010, and ending three (3) years thereafter.
Term and Purpose. 2. The loan period under this contract is extended to_ 6_ Months, from January 10, 2020 to July 9, 2020. If the actual issuance date of the loan is inconsistent with the starting date of the loan, the starting date of the loan shall be subject to the actual issuance date of the loan, and the loan term shall be extended accordingly. The loan receipt is an effective part of this contract and has the same legal effect as this contract.
Term and Purpose. Client agrees to hire Strategic Dental Management as an independent contractor and Strategic Dental Management hereby accepts employment as an independent contractor for a 24 (twenty-four) month term. The Agreement will commence on Jan 15, 2010 and will remain in effect for a 24 (twenty-four) month term. The Agreement will automatically renew for an additional 24 (twenty-four) months unless either the Client, or Strategic Dental Management notifies the other in writing at least 60 days prior to the contract anniversary date of their decision to terminate the Agreement.
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