TERM/EXTENSIONS/TERMINATION Sample Clauses

TERM/EXTENSIONS/TERMINATION. The term of this Agreement shall be two (2) years, commencing on August 1, 1996 and ending July 31, 1998, and, unless either party notifies the other in writing not less than one-hundred eighty (180) days prior to the end of the initial term or any extension thereof, this Agreement shall be automatically renewed annually thereafter for a period of one year. Notwithstanding the foregoing, such termination notice shall not be given by either party prior to December 31, 1997. Either party may terminate this Agreement if such other party has materially breached this Agreement and has failed to cure such breach within thirty (30) days after receiving written notice of such breach; provided, however, that this notice period shall not apply to a termination by PSINet in accordance with the provisions of Section 5.5.
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TERM/EXTENSIONS/TERMINATION. The term of this Agreement shall be three (3) years, commencing on the last day of the Ramp Period as defined above, and, unless either party notifies the other in writing not less than one-hundred eighty (180 days) prior to the end of the initial term or any extension thereof, this Agreement shall be automatically renewed annually thereafter for a period of one year. Either party may terminate this Agreement if such other party has materially breached this Agreement and has failed to cure such breach within thirty (30) days after receiving written notice clearly specifying such breach; provided, however, that this notice period shall not apply to a termination by PSINet in accordance with the provisions of Section 2.7, 4.4.2 and/or 4.6.
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TERM/EXTENSIONS/TERMINATION. It is agreed between County and Judge that this Agreement shall have a term commencing on the date of execution, and expiring on September 30, 2016, unless extended as hereinafter provided. Notwithstanding the foregoing, County or Judge may terminate this Agreement with or without cause on thirty (30) days’ prior written notice to the other party hereto regardless of whether said termination would result in the cancellation of this Agreement during any term or an annual term hereof.
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TERM/EXTENSIONS/TERMINATION a. The Term means the period commencing on the first day that the licensed Product is available for and is capable of use by Client and continuing for one (1) anniversary months.
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TERM/EXTENSIONS/TERMINATION. This Contract shall become effective July 1, 2021, or the date it is fully executed by both parties, whichever occurs later, and shall remain effective through June 30, 2022, unless terminated at an earlier date. Either party may, upon 30 days prior written notice to the other party, terminate this Contract. The services rendered through the date of termination and all products resulting there from shall be the property of the City and the City shall compensate Board for the same.
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TERM/EXTENSIONS/TERMINATION. 3.1 The term of this Agreement shall commence upon the date first above written (the "Commencement Date"), and unless earlier terminated in accordance with Section 3.2, 3.3, or 8.2, shall continue until 12:01 A.M. on the 10th anniversary of the Activation Date of the last segment of the Troux Xxxnt to be accepted by CyberNet (the "Initial Term"). This Agreement shall be automatically extended for up to 2 successive renewal terms (each, a "Renewal Term") of 5 years each upon written notice from CyberNet to Troux xxxen no later than 120 days prior to the expiration of the Initial Term or the first Renewal Term, as the case may be.
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TERM/EXTENSIONS/TERMINATION 
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Related to TERM/EXTENSIONS/TERMINATION

  • Term Termination 8.1 This Agreement shall be effective as of the date hereof and shall continue in force until terminated in accordance with the provisions herein.

  • Amendments; Termination Any provision of this Agreement may be amended or waived if, and only if, such amendment or waiver is in writing and is signed, in the case of an amendment, by each party to this Agreement or in the case of a waiver, by the party against whom the waiver is to be effective. This Agreement shall terminate on the earlier to occur of the consummation of the Merger and the date which is 18 months after the date hereof.

  • ADDITIONAL TERMINATION In addition to any other termination provisions contained in this Agreement, the Optionee shall at any time have the right to terminate its rights and future obligations under this Agreement by giving notice in writing of such termination to the Optionor, and in the event of such termination, the Optionee shall not earn any interest in the Property, and this Agreement, save and except for the provisions of paragraphs 13 hereof, shall be of no further force and effect.

  • EXPIRATION OF EMPLOYMENT TERM; NON-EXTENSION OF AGREEMENT Upon the expiration of the Employment Term due to a non-extension of the Agreement by the Company or the Employee pursuant to the provisions of Section 2 hereof.

  • Extension of Termination Date (a) No later than one year prior to the Termination Date then in effect, provided that no Event of Default shall have occurred and be continuing, the Borrowers may request an extension of such Termination Date by submitting to the Administrative Agent an Extension Request containing the information in respect of such extension specified in Exhibit I, which the Administrative Agent shall promptly furnish to each Bank. If, within 30 days of their receipt of an Extension Request, the Majority Banks shall approve in writing the extension of the Termination Date requested in such Extension Request, the Termination Date shall automatically and without any further action by any Person be extended for the period specified in such Extension Request; provided that (i) each extension pursuant to this subsection 2.16 shall be for a maximum of one year and (ii) the Commitment of any Bank which does not consent in writing to such extension within 30 days of its receipt of such Extension Request (an “Objecting Bank”) shall, unless earlier terminated in accordance with this Agreement, expire on the Termination Date in effect on the date of such Extension Request (such Termination Date, if any, referred to as the “Commitment Expiration Date” with respect to such Objecting Bank). If, within 30 days of their receipt of an Extension Request, the Majority Banks shall not approve in writing the extension of the Termination Date requested in an Extension Request, the Termination Date shall not be extended pursuant to such Extension Request. The Administrative Agent shall promptly notify (y) the Banks and the Borrowers of any extension of the Termination Date pursuant to this subsection 2.16 and (z) the Borrowers and any other Bank of any Bank which becomes an Objecting Bank. No Bank has an obligation to extend its Commitment pursuant to this Section 2.16 except in its sole discretion.

  • Mandatory Termination In the event that a mandatory prepayment in full of the Advances is required by the Requisite Lenders pursuant to Section 2.06(b) (whether or not there are Advances outstanding), the Commitments of the Lenders shall immediately terminate.

  • Extension of the Termination Date (a) During the period from July 1, 2022 until the date that is 30 days prior to the then-applicable Termination Date, the Borrower may request by written notice (an “Extension Request”) made to the Administrative Agent (which shall promptly notify the Lenders thereof) one-year extensions of the Termination Date applicable to each Lender. Each Lender shall notify the Administrative Agent by the date that is 30 days after the Administrative Agent provides the Lenders with written notice of the Borrower’s extension request that either (A) such Lender declines to consent to extending the Termination Date or (B) such Lender consents to extending the Termination Date. Any Lender not responding within the above time period shall be deemed to have declined to extend the Termination Date. The consent of a Lender to any such extension shall be in the sole discretion of such Lender. The Administrative Agent shall, after receiving the notifications from all of the Lenders or the expiration of such period, whichever is earlier, notify the Borrower and the Lenders of the results thereof. For the avoidance of doubt and subject to the terms and conditions set forth herein, the Borrower may request an unlimited number of extensions pursuant to this Section.

  • Extension of Commitment Termination Date The Borrower may, no more frequently than once each year by delivering written notice to the Managing Agents (with a copy to the Program Agent), request the Lenders to extend the Commitment Termination Date for an additional 364 days past the then applicable Commitment Termination Date, with such extension to become effective with respect to any Lender Group, as of the date one or more Committed Lenders having Commitments equal to 100% of such Lender Group’s Lender Group Limit shall in their sole discretion consent to such extension (the Lenders in such a Lender Group, “Extending Lenders”). Any such request shall be subject to the following conditions: (i) at no time will any Commitment have a term of more than 364 days and, if any such request would result in a term of more than 364 days, such request shall be deemed to have been made for such number of days so that, after giving effect to such extension on the date requested, such term will not exceed 364 days, (ii) none of the Lenders will have any obligation to extend any Commitment, (iii) any such extension of the Commitment Termination Date will be effective only upon the written agreement of at least one Committed Lender and the Borrower and (iv) any request for such extension shall be made at least sixty (60) days prior to the then current Commitment Termination Date. The Managing Agent for each applicable Committed Lender will respond to any such request within thirty (30) days (with a copy to the Paying Agent) but in any event no earlier than thirty (30) days prior to the then current Commitment Termination Date, provided that any Managing Agent’s failure to respond within such period shall be deemed to be a rejection of the requested extension.

  • Automatic Termination This Agreement shall automatically and immediately terminate in the event of its “assignment” (as defined in the 1940 Act).

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