Term Expiry Date Sample Clauses

Term Expiry Date. 28.1 The Contractor shall deliver a first draft of the Exit Plan to the Overarching Employer within twelve (12) months of the Contract Commencement Date. If this Contract terminates earlier than the Term Expiry Date in accordance with the rights of termination in clause 26 of this Contract, or where an aspect of the LUL Workbank is terminated in accordance with clause 90 or 91 of the Works Terms or where the Maintenance Services are terminated in accordance with clause 41 of the Maintenance Terms the Overarching Employer shall have the right to instruct the Contractor to deliver a first draft of the Exit Plan within one (1) week of any termination instruction pursuant to such clause.‌ 28.2 The Contractor and the Overarching Employer shall act and negotiate reasonably in agreeing the form and content of the Exit Plan and shall not unreasonably require the exclusion of matters which the other party reasonably requests should be included or excluded. 28.3 The Contractor shall make all reasonable efforts to review and update the Exit Plan on an annual basis, all updates shall be subject to the Overarching Employer’s approval. 28.4 The Contractor and the Overarching Employer shall make all reasonable efforts to agree, and ensure that the Exit Plan specifies those measures which are necessary to minimise, so far as is possible, any disruption to the supply of the Maintenance Services or any on-going Projects as a result of termination or expiry. 28.5 The Contractor and the Overarching Employer shall each have the rights and will comply with the obligations allocated to them in the Exit Plan, once such plan is agreed and signed on behalf of the Contractor and the Overarching Employer.‌‌‌ 28.6 For the avoidance of doubt, the provisions of this clause shall apply to termination or expiry irrespective of whether the Contractor and the Overarching Employer agree an Exit Plan in accordance with this clause. 28.7 The Contractor shall continue to provide and procure the continued provision of the Maintenance Services and on-going Projects specified in the Exit Plan to the Overarching Employer for the Exit Transfer Phase (the “Relevant Continuing Services”) and shall continue to provide all necessary resources to provide the Relevant Continuing Services. 28.8 The Contractor shall co-operate fully with the transfer of responsibilities for the works to any new contractor and shall provide all reasonable and necessary assistance, advice and information to the Overarching Em...
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Term Expiry Date. 28.1 The Contractor shall deliver a first draft of the Exit Plan to the Overarching Employer within twelve (12) months of the Contract Commencement Date. If this Contract terminates earlier than the Term Expiry Date in accordance with the rights of termination in clause 26 of this Contract, or where an aspect of the LUL Workbank is terminated in accordance with clause 90 or 91 of the Works Terms or where the Maintenance Services are terminated in accordance with clause 41 of the Maintenance Terms the Overarching Employer shall have the right to instruct the Contractor to deliver a first draft of the Exit Plan within one (1) week of any termination instruction pursuant to such clause.‌ 28.2 The Contractor and the Overarching Employer shall act and negotiate reasonably in agreeing the form and content of the Exit Plan and shall not unreasonably require the exclusion of matters which the other party reasonably requests should be included or excluded. 28.3 The Contractor shall make all reasonable efforts to review and update the Exit Plan on an annual basis, all updates shall be subject to the Overarching Employer’s approval.
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Term Expiry Date. MLC and the USOR Parties agree that for purposes of the First Lien ISDA Agreement, the other Transaction Documents and all other purposes (including this Agreement), the Term Expiry Date shall be deemed to occur on October 4, 2023.
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Term Expiry Date. The date that is [number] calendar years after the last day in the month in which the Commencement Date occurs.‌
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Related to Term Expiry Date

  • Term; Expiration This Agreement shall become effective on the initial Effective Date. Unless sooner terminated pursuant to this Section 10(a), this Agreement shall expire at the end of the Offering Period. This Agreement may be earlier terminated (i) by the Company pursuant to Section 10(b) and (ii) by the Dealer Manager pursuant to Section 10(c). The date upon which this Agreement shall have so expired or been terminated earlier shall be referred to as the “Termination Date”.

  • COMMENCEMENT/EXPIRATION DATE This agreement is executed as of the date of the last signature and is effective through at which time it will expire. The expiration date is the final date for completion of all work activities under this agreement.

  • Term Extension It is understood and agreed that the State may extend the Term an additional period of time, not to exceed one hundred-eighty (180) days beyond the expiration date of this Grant Contract, under the same terms and conditions. In no event, however, shall the maximum Term, including all extensions or renewals, exceed a total of sixty (60) months.

  • Contract Expiration The contract shall expire 120 days after the final services have been rendered.

  • Amounts; Outside Expiration Date The Agent shall not have any obligation to cause to be issued any Letter of Credit or to provide Credit Support for any Letter of Credit at any time if: (1) the maximum undrawn amount of the requested Letter of Credit is greater than the Unused Letter of Credit Subfacility at such time; (2) the maximum undrawn amount of the requested Letter of Credit and all commissions, fees, and charges due from the Borrower in connection with the opening thereof exceed the Combined Availability at such time; (3) in the case of a standby Letter of Credit, the maximum undrawn amount of the requested standby Letter of Credit, together will all other standby Letters of Credit issued for the account of the Borrower, exceeds $20,000,000; or (4) such Letter of Credit has an expiration date later than 30 days prior to the Stated Termination Date or more than 12 months from the date of issuance for standby letters of credit and 180 days for documentary letters of credit. With respect to any Letter of Credit which contains any "evergreen" or automatic renewal provision, each Lender shall be deemed to have consented to any such extension or renewal unless any such Lender shall have provided to the Agent, written notice that it declines to consent to any such extension or renewal at least thirty days prior to the date on which the Letter of Credit Issuer is entitled to decline to extend or renew the Letter of Credit. If all of the requirements of this Section 2.3 are met and no Default or Event of Default has occurred and is continuing, no Lender shall decline to consent to any such extension or renewal.

  • Policy Renewal/Expiration At least thirty (30) days prior to the expiration of any policy required by this Contract, evidence of renewal or replacement policies of insurance with terms no less favorable to OGS than the expiring policies shall be delivered to OGS in the manner required for service of notice in Paragraph A.3.

  • Extended Term Tenant shall have the option to extend the Term for two (2) consecutive five (5) year periods (the "FIRST EXTENDED TERM" and "SECOND EXTENDED TERM", respectively) on all the terms and conditions contained in this Lease including, without limitation, continuation of the adjustment of the Base Rent on an annual basis as provided in Section 3.3 below (provided only that upon commencement of the First Extended Term the only remaining option to extend the Term shall be the Second Extended Term and upon exercise of the option with respect to the Second Extended Term, no further right to extend the Term shall exist). Tenant shall deliver, if at all, written notice of its exercise of the option ("OPTION NOTICE") to Landlord at least six (6) months but not more than one (1) year before the expiration of the Term or First Extended Term, as the case may be. In the event Tenant fails to deliver the applicable Option Notice within the time allowed, Landlord shall deliver written notice to Tenant of Tenant's failure to deliver the Option Notice, and Tenant shall then have thirty (30) days from receipt of such notice within which to deliver the Option Notice, if at all, to Landlord. In the event (and only in the event) that, Tenant fails to deliver an Option Notice to Landlord within such thirty (30) days, Tenant shall be considered to have elected not to extend the Term of this Lease and thereafter, Tenant shall have no further right to extend the Term of this Lease. References in this Lease to the "Term" shall include the initial Term of fifteen (15) years and shall, in addition, include the First Extended Term and the Second Extended Term, if applicable.

  • Lease Expiration Date The last day of the month in which the sixty-sixth (66th) month anniversary of the Lease Commencement Date occurs. 7.4

  • Term; Exercise Upon Expiration This warrant is exercisable in whole or in part, at any time and from time to time on or before the Expiration Date set forth above; provided, however, that if the Company completes its initial public offering within the three-year period immediately prior to the Expiration Date, the Expiration Date shall automatically be extended until the third anniversary of the effective date of the Company’s initial public offering. If this warrant has not been exercised prior to the Expiration Date, this warrant shall be deemed to have been automatically exercised on the Expiration Date by “cashless” conversion pursuant to Section 1.2.

  • Extension of Expiration Date If the Company fails to cause any Registration Statement covering Registrable Securities (unless otherwise defined herein, capitalized terms are as defined in the Registration Rights Agreement relating to the Warrant Shares (the "Registration Rights Agreement")) to be declared effective prior to the applicable dates set forth therein, or if any of the events specified in Section 2(c)(ii) of the Registration Rights Agreement occurs, and the Blackout Period (whether alone, or in combination with any other Blackout Period) continues for more than 60 days in any 12 month period, or for more than a total of 90 days, then the Expiration Date of this Warrant shall be extended one day for each day beyond the 60-day or 90-day limits, as the case may be, that the Blackout Period continues.

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