Common use of Term and Termination Date Clause in Contracts

Term and Termination Date. a. This Contract Franchise shall be effective for a term of ten (10) years from the effective date of this Contract Franchise ordinance. Thereafter, this Contract Franchise will renew for additional one (1) year terms, unless either party notifies the other party of its intent to terminate or renegotiate the Contract Franchise at least ninety (90) days before the termination of the then current term. The additional term shall be deemed a continuation of this Contract Franchise and not as a new franchise or amendment. b. Upon written request of either the City or IdeaTek, this Contract Franchise shall be renegotiated at any time in accordance with the requirements of state law upon any of the following events: changes in federal, state, or local laws, regulations, or orders that materially affect any rights or obligations of either the City or IdeaTek, including but not limited to the scope of the Contract Franchise granted to IdeaTek or the compensation to be received by the City hereunder. c. If any clause, sentence, section, or provision of K.S.A. 12-2001, and amendments thereto, shall be held to be invalid by a court or administrative agency of competent jurisdiction, provided such order is not stayed, either the City or IdeaTek may elect to terminate the entire Contract Franchise. In the event of such invalidity, if IdeaTek is required by law to enter into a Contract Franchise with the City, the parties agree to act in good faith in promptly negotiating a new Contract Franchise. d. Amendments under this section, if any, shall be made by Contract Franchise ordinance as prescribed by statute. This Contract Franchise shall remain in effect according to its terms, pending completion of any review or renegotiation provided by this section. e. In the event the parties are actively negotiating in good faith a new Contract Franchise ordinance or an amendment to this Contract Franchise upon the termination date of this Contract Franchise, the parties by written mutual agreement may extend the termination date of this Contract Franchise to allow for further negotiations. Such extension period shall be deemed a continuation of this Contract Franchise and not as a new Contract Franchise ordinance or amendment.

Term and Termination Date. a. a) This Contract Franchise franchise shall be effective for a term of ten five (105) years from the effective date of this Contract Franchise franchise ordinance. Thereafter, this Contract Franchise franchise will renew for additional one (1) additional five (5) year termsterm, unless either party notifies the other party of its intent to terminate or renegotiate the Contract Franchise franchise at least ninety one hundred and eighty (90180) days before the termination of the then current term. The additional term shall be deemed a continuation of this Contract Franchise franchise and not as a new Contract franchise or amendment. b. b) Upon written request of either the City or IdeaTekGrantee, this Contract Franchise franchise shall be renegotiated at any time in accordance with the requirements of state law upon any of the following events: changes in federal, state, or local laws, regulations, or orders that materially affect any rights or obligations of either the City or IdeaTekGrantee, including but not limited to the scope of the Contract Franchise franchise granted to IdeaTek Grantee or the compensation to be received by the City hereunder. c. c) If any clause, sentence, section, or provision of K.S.A. 12-20012001 et seq., and amendments thereto, shall be held to be invalid by a court or administrative agency of competent jurisdiction, provided such order is not stayed, either the City or IdeaTek Grantee may elect to terminate the entire Contract Franchisefranchise. In the event of such invalidity, if IdeaTek Grantee is required by law to enter into a Contract Franchise franchise with the City, the parties agree to act in good faith in promptly negotiating a new Contract Franchisefranchise. d. d) Amendments under this sectionSection, if any, shall be made by Contract Franchise franchise ordinance as prescribed by statute. This Contract Franchise franchise shall remain in effect according to its terms, pending completion of any review or renegotiation provided by this section. e. e) In the event the parties are actively negotiating in good faith a new Contract Franchise franchise ordinance or an amendment to this Contract Franchise franchise upon the termination date of this Contract Franchisefranchise, the parties by written mutual agreement may extend the termination date of this Contract Franchise franchise to allow for further negotiations. Such extension period shall be deemed a continuation of this Contract Franchise franchise and not as a new Contract Franchise franchise ordinance or amendment.

Term and Termination Date. a. This Contract Franchise shall be effective for a term of ten (10) years from the effective date of this Contract Franchise ordinancebeginning on December 14, 2020 and ending on December 14, 2030. Thereafter, this Contract Franchise will automatically renew for up to five additional one two (12) year terms, unless either party notifies the other party of its intent to terminate or renegotiate the Contract Franchise at least ninety (90) days before the termination of the then current term. The additional term shall be deemed a continuation of this Contract Franchise and not as a new franchise or amendment. b. Upon written request of either the City or IdeaTekGrantee, this Contract Franchise shall be renegotiated at any time in accordance with the requirements of state law upon any of the following events: changes in federal, state, or local laws, regulations, or orders that materially affect any rights or obligations of either the City or IdeaTekGrantee, including but not limited to the scope of the Contract Franchise granted to IdeaTek Grantee or the compensation to be received by the City hereunder. c. If any clause, sentence, section, or provision of K.S.A. 12-2001, and amendments thereto, shall be held to be invalid by a court or administrative agency of competent jurisdiction, provided such order is not stayed, either the City or IdeaTek Grantee may elect to terminate the entire Contract Franchise. In the event of such invalidity, if IdeaTek Grantee is required by law to enter into a Contract Franchise with the City, the parties agree to act in good faith in promptly negotiating a new Contract Franchise. d. Amendments under this sectionSection, if any, shall be made by Contract Franchise ordinance as prescribed by statute. This Contract Franchise shall remain in effect according to its terms, pending completion of any review or renegotiation provided by this section. e. In the event the parties are actively negotiating in good faith a new Contract Franchise ordinance or an amendment to this Contract Franchise upon the termination date of this Contract Franchise, the parties by written mutual agreement may extend the termination date of this Contract Franchise to allow for further negotiations. Such extension period shall be deemed a continuation of this Contract Franchise and not as a new Contract Franchise ordinance or amendment.

Term and Termination Date. a. This Contract Franchise shall be effective for a term of ten (10) years from the effective date of this Contract Franchise ordinance. Thereafter, this Contract Franchise will renew for additional one (1) year terms, unless either party notifies the other party of its intent to terminate or renegotiate the Contract Franchise at least ninety (90) days before the termination of the then current term. The additional term shall be deemed a continuation of this Contract Franchise and not as a new franchise or amendment. b. Upon written request of either the City or IdeaTek, this Contract Franchise shall be renegotiated at any time in accordance with the requirements of state law upon any of the following events: changes in federal, state, or local laws, regulations, or orders that materially affect any rights or obligations of either the City or IdeaTek, including but not limited to the scope of the Contract Franchise granted to IdeaTek or the compensation to be received by the City hereunder. c. If any clause, sentence, section, or provision of K.S.A. 12-200112­2001, and amendments thereto, shall be held to be invalid by a court or administrative agency of competent jurisdiction, provided such order is not stayed, either the City or IdeaTek may elect to terminate the entire Contract Franchise. In the event of such invalidity, if IdeaTek is required by law to enter into a Contract Franchise with the City, the parties agree to act in good faith in promptly negotiating a new Contract Franchise. d. Amendments under this section, if any, shall be made by Contract Franchise ordinance as prescribed by statute. This Contract Franchise shall remain in effect according to its terms, pending completion of any review or renegotiation provided by this section. e. In the event the parties are actively negotiating in good faith a new Contract Franchise ordinance or an amendment to this Contract Franchise upon the termination date of this Contract Franchise, the parties by written mutual agreement may extend the termination date of this Contract Franchise to allow for further negotiations. Such extension period shall be deemed a continuation of this Contract Franchise and not as a new Contract Franchise ordinance or amendment.