Term of Agreement; Automatic Renewal Sample Clauses

Term of Agreement; Automatic Renewal. This Agreement is effective as of the Go Live Date above and will continue in full force and effect through December 31, 2020 (Initial Term). This Agreement will continue again from January 1, 2021 through December 31, 2022 (“First Renewal Term”). After the First Renewal Term has ended this Agreement will automatically renew for additional subsequent one year periods (each, a “Renewal Term”) unless sooner terminated as described in Article VI of this Agreement or renewal is declined as set forth in Section 12.02 below. Any additional Renewal Terms shall be subject to termination rights as otherwise provided in this Agreement.
Sample 1
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Term of Agreement; Automatic Renewal. This Agreement will take effect on May 1, 2019 as a continuation of predecessor agreements governing the formation and operation of the Western Frequency Response Sharing Group, beginning with the Original Effective Date for the Agreement to Form and Appoint Designated Representative for Frequency Response Sharing Group. On May 1, 2019, this Agreement will supersede all predecessor agreements. The initial term of this Agreement will run from May 1, 2019 through March 30, 2020. At the end of the initial term, this Agreement will be automatically renewed on the first day of the Compliance Period that begins on April 1, 2020 and run through the last day of that Compliance Period (March 30, 2022), and will thereafter continue to automatically renew for each following Compliance Period until it is terminated by written‌ agreement of the NWPP Corporation and all Participants that are Signatories at the time of termination. This Agreement will at all times be subject to Sections 3.4, 3.6, and 3.7 with respect to the addition, withdrawal, or expulsion of Participants. Any termination of this Agreement as a whole, or with respect to a withdrawing or expelled Participant, will also be subject to the survival provisions of Section 3.11.
Sample 1

Related to Term of Agreement; Automatic Renewal

  • Automatic Renewal Each Schedule will renew automatically at the end of the then-current Schedule Term for a Schedule Renewal Term unless terminated in accordance with this Agreement by either You or Company.

  • Term of Agreement This Agreement becomes effective upon the date of the last signature below ("Effective Date") and shall remain in effect until the completion of all obligations of both Parties hereto, or five years from the Effective Date, whichever comes first.

  • Term of Agreement; Termination A. The term of this Agreement shall commence on the date hereof. B. This Agreement shall terminate at the Effective Time of the Merger or the earlier of (i) at any time prior to consummation of the Merger by the written consent of the parties hereto and (ii) termination of the Merger Agreement in accordance with its terms. Upon such termination, no party shall have any further obligations or liabilities hereunder; provided, however, such termination shall not relieve any party from liability for any willful breach of this Agreement prior to such termination.

  • Term of Agreement; Amendment This Agreement shall become effective as of the date first written above and will continue in effect for a period of three (3) years. This Agreement may be terminated by either party upon giving 90 days prior written notice to the other party or such shorter period as is mutually agreed upon by the parties. Notwithstanding the foregoing, this Agreement may be terminated by any party upon the breach of the other party of any material term of this Agreement if such breach is not cured within 15 days of notice of such breach to the breaching party. This Agreement may not be amended or modified in any manner except by written agreement executed by USBFS and the Trust, and authorized or approved by the Board of Trustees.

  • Term of Agreement and Renewals The Agreement with TIPS is for approximately three (3) years with an option for renewal for an additional one

  • EFFECTIVE DATE; TERM OF AGREEMENT This Agreement shall become effective as of January 29, 2010 (the “Effective Date”). Upon effectiveness of this Agreement on the Effective Date, the Employment Agreement between the Company and the Executive dated as of September 8, 2006 (as amended, the “Prior Agreement”) shall terminate and be of no further force and effect. Subject to earlier termination as provided herein, Executive’s employment hereunder shall continue on the terms provided herein until February 2, 2013 (the “End Date”). The period of Executive’s employment by the Company from and after the Effective Date, whether under this Agreement or otherwise, is referred to in this Agreement as the “Employment Period,” it being understood that nothing in this Agreement shall be construed as entitling Executive to continuation of his employment beyond the End Date and that any such continuation shall be subject to the agreement of the parties. This Agreement is intended to comply with the applicable requirements of Section 409A and shall be construed accordingly.

  • Term of Agreement and Termination 2.1. This Agreement enters into effect at the time of acceptance of this Agreement. 2.2. This Agreement will terminate without any further notice in the event products offered under this Agreement have not been used during a period of two (2) years. 2.3. This Agreement may be terminated at any time by either party with 30 days written notice. 2.4. This Agreement may be terminated by SAS with immediate effect if the Company code is used for private purposes or if SAS has reasonable cause to believe that such or similar misuse has occurred or if the Company is put into bankruptcy, enters into liquidation or is otherwise deemed to be insolvent.

  • AGREEMENT RENEWAL This Agreement shall not bind nor purport to bind the AZDOHS for any contractual commitment in excess of the original Agreement period.

  • Automatic Renewal Limitation for TIPS Sales No TIPS Sale may incorporate an automatic renewal clause that exceeds month to month terms with which the TIPS Member must comply. All renewal terms incorporated into a TIPS Sale Supplemental Agreement shall only be valid and enforceable when Vendor received written confirmation of acceptance of the renewal term from the TIPS Member for the specific renewal term. The purpose of this clause is to avoid a TIPS Member inadvertently renewing an Agreement during a period in which the governing body of the TIPS Member has not properly appropriated and budgeted the funds to satisfy the Agreement renewal. Any TIPS Sale Supplemental Agreement containing an “Automatic Renewal” clause that conflicts with these terms is rendered void and unenforceable.

  • Conditions Term of Agreement 93 3.1 Conditions Precedent to the Initial Extension of Credit ............................................. 93 3.2 Conditions Precedent to all Extensions of Credit ........................................................ 93 3.3 Maturity ........................................................................................................................... 93 3.4

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