Term Extension and Termination. 2.1 This Framework Agreement shall become effective on [insert] (the "Commencement Date").
2.2 This Framework Agreement shall (subject to earlier termination or extension pursuant to the terms of this Framework Agreement) be effective for [insert] year[s] from the Commencement Date.
2.3 Network Rail may extend the term of this Framework Agreement for up to [insert] [year[s]] [month[s]] subject to giving the Supplier not less than [insert] month['s][s'] prior written notice.
2.4 Network Rail may terminate this Framework Agreement for any reason at any time subject to giving the Supplier not less than [insert] [days'][month['s][s'] written notice.
2.5 Termination of this Framework Agreement shall not affect the engagement of the Supplier under any Commission Contract and the termination of a Commission Contract shall be governed by the terms of that Commission Contract.
Term Extension and Termination. 3.1 The term of this Agreement shall be from , 20 to , 20 , unless extended by mutual agreement of the parties under section 3.2 of this Agreement or unless earlier terminated under sections 3.3 and 3.4 of this Agreement.
3.2 This Agreement may be extended by mutual agreement of the parties in writing; and in such event, the salary and benefits of the Secondee for the period of such extension shall also be set out in writing.
3.3 This Agreement may be earlier terminated upon one month’s prior written notice from one party to the other or upon such other period of time as may be mutually agreed upon by the parties in writing.
3.4 Notwithstanding any other provision herein, this Agreement shall automatically terminate if and when the Secondee or the University become unable to fulfil their respective responsibilities under this Agreement.
Term Extension and Termination. 7.1 This Agreement shall become effective on the Distribution Date and, unless sooner terminated in accordance with the terms hereof, shall continue in effect until the earlier of the last TA to expire, or no later than twenty-four (24) months following the Distribution Date (the “Final Termination Date”).
Term Extension and Termination. 18 2.1 Term...........................................................................................18 2.2 First Extension of the Term....................................................................18 2.3 Second Extension of the Term...................................................................18 2.4 Performance Failure............................................................................
Term Extension and Termination. This Agreement is effective until terminated. ABB may terminate the Agreement if You fail to comply with the terms of this Agreement. If the Agreement is terminated for any reason by either party, You agree to promptly discontinue use of and destroy all copies of the Product. Any terms of this Agreement that by their nature extend beyond termination of this Agreement remain in effect until fulfilled and apply to both parties’ respective succes- sors and assignees.
Term Extension and Termination. The MOU may be extended or amended only by written agreement authorized officials of the parties. The MOU may be terminated by either party for any reason or no reason with a minimum of 90 days' notice, in writing, of the termination date. DocuSign Envelope ID: B11A16F1-586B-4058-BEE7-58B5C9052A86 DocuSign Envelope ID: 04703255-8A4B-4C67-883A-191A69370E8D DocuSign Envelope ID: 841A5DDB-41F9-4493-B7B2-D21E8EAD51F7
Term Extension and Termination. 7.1 Unless sooner terminated or extended as provided below, this Agreement shall expire two (2) years from the date of execution by both parties. At least one (1) month before the end of the term, Pfizer may extend this Agreement for one (1) year by giving written notice to Array.
7.2 Either party may terminate this Agreement if the other party fails in any material respect to perform or observe any term, covenant or understanding contained in this Agreement, and does not remedy such failure within thirty (30) days of being given notice.
Term Extension and Termination. 3.1 This lease has been entered into for the period, commencing on September 2010, 20th and ending on October 2013, 31st .
3.2 Following the expiry of the period referred to in Article 3.1 of this lease, the lease will he extended for a consecutive period of two years, that is until October 2015, 31st. This lease will subsequently be continued for consecutive periods of two years each.
3.3 Termination of this lease must take place by giving notice taking from the end of the lease term with due observance of a period of notice of at least six months.
3.4 Notice must he given by means of a bailiff’s notification or by registered letter.
Term Extension and Termination. 3.1 This Agreement is entered into for a period of 10 (ten) years, commencing on 1 May 2013 (the “Lease Commencement Date”) and ending on 30 April 2023.
3.2 Following the expiry of the period referred to in article 3.1, this Agreement will be automatically extended for 4 (four) subsequent periods of 5 (five) years, unless the Lessee terminates this Agreement by writ served by bailiff or by registered letter or by courier with due observance of a notice period of 12 (twelve) months prior to the end of the period referred to in article 3.1 or to the end of one of the 5 (five) year prolongation periods thereafter.
3.3 Following the expiry of the periods referred to in article 3.2 (extension periods) (so as per 1 May 2043), this Agreement will be extended for subsequent periods of 5 (five) years, unless the Lessee and/or Lessor terminates this Agreement by writ served by bailiff or by registered letter or by courier with due observance of a notice period of 12 (twelve) months following the expiry of the periods referred to in article 3.2 (extension periods) (so as per 1 May 2043) or to the end of any 5 (five) year prolongation periods thereafter. 4 Rent, VAT, Rent Adjustment, Payment Obligation, Term of Payment
4.1 The rent will amount to an annual sum of € [***] ([***] euro). This amount is exclusive of VAT. The rent is a fixed sum and not based on the lettable floor surface as mentioned in the NEN 2580 measurement report (appendix 4), but is for the Leased Premises, surrounding grounds and outside parking spaces as is.
4.2 The Parties agree that the rent will be subject to value added tax. As the Lessor has its registered place of business in Luxembourg, the Lessee will declare the VAT due over the rent directly to the Dutch tax authorities in accordance with Article 12 paragraph 3 of the Turnover Tax Act of 1968 (“Wet op de Omzetbelasting 1968”). Initials Lessee: MvdA Initials Parent: DR Initials Lessor: GAG 4 Reference number: AB8374620
4.3 In the event that Parties agree on rent subject to value added tax, the Lessee and the Lessor herewith declare, with reference to art. 11 § 1 preamble under b part 5 of the Turnover Tax Act, that they agreed that the rent will be subject to value added tax. By undersigning this Agreement, the Lessee declares, also for the legal successor(s) of the Lessor, that it will permanently make use of the Leased Premises or cause the Leased Premises to be used for purposes in connection with which there is a full or virtually a f...
Term Extension and Termination. 2.1 The term of this Agreement shall be from , 20 to , 20 , unless extended by mutual agreement of the parties under section 2.2 of this Agreement or unless earlier terminated under sections 2.3, 2.4, 2.5, or 2.6 of this Agreement.
2.2 This Agreement may be extended by mutual agreement of the parties in writing, upon such terms and conditions as the parties may agree, in writing.
2.3 This Agreement may be earlier terminated without cause upon 60 days prior written notice by either the Facility or the University, or upon such other period of notice as may be mutually agreed upon by the parties in writing.
2.4 Notwithstanding any other provision of this Agreement, the Facility may terminate this Agreement with immediate effect if, in the opinion of the Facility, the services provided pursuant to this Agreement are unsatisfactory or improperly performed.
2.5 Notwithstanding any other provision of this Agreement, the University may terminate this Agreement with immediate effect in the event that the Facility fails to remedy or take action to remedy any breach of a term of this Agreement.
2.6 Notwithstanding any other provision of this Agreement, any party may terminate this Agreement with immediate effect in the event that a part of this Agreement cannot be performed due to cause that are outside the control of the parties and could not be avoided by exercising of due care.
2.7 Should the Secondee be unable to provide the services identified in this Agreement due to the Secondee’s death or extended absences related to illness or injury, there is nothing in the Agreement that requires the University to make available to the Facility an alternate secondee.
