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Common use of Term of Charter Clause in Contracts

Term of Charter. This Charter is effective upon the signing of both parties for a term of fifteen (15) years commencing on July 1, XXXX and ending on June 30, XXXX, except as otherwise provided in this Charter and by law. The Charter may be renewed for successive periods of twenty (20) years pursuant to law.

Appears in 3 contracts

Samples: Charter Contract, Charter Contract, Charter Contract

Term of Charter. This Charter is effective upon the signing of both parties for a term of fifteen twenty (1520) years commencing on July 1, XXXX and ending on June 30, XXXX, except as otherwise provided in this Charter and by law. The Charter may be renewed for successive periods of twenty (20) years pursuant to law.

Appears in 2 contracts

Samples: Charter Contract, Charter Contract

Term of Charter. This Charter charter is effective upon the signing of both parties for a the remainder of the fifteen year term of fifteen (15) years commencing the Charter Holder’s prior charter contract with the former sponsor and shall commence on July 1, XXXX xxxx and ending end on June 30, XXXXxxxx, except as otherwise provided in this Charter and by law. The Charter may be renewed for successive periods of twenty (20) years pursuant to law.)

Appears in 1 contract

Samples: Charter Contract

Term of Charter. This Charter charter is effective upon the signing of both parties for a the remainder of the fifteen year term of fifteen (15) years commencing on July 1, XXXX the Charter Holder’s prior charter contract with the former sponsor and ending shall and end on June 30, XXXX, except as otherwise provided in this Charter and by law. The Charter may be renewed for successive periods of twenty (20) years pursuant to law.

Appears in 1 contract

Samples: Charter Contract

Term of Charter. This Charter charter is effective upon the signing of both parties for a the remainder of the fifteen year term of fifteen (15) years commencing the Charter Holder’s prior charter contract with the former sponsor and shall commence on July 1, XXXX xxxx and ending end on June 30, XXXXxxxx, except as otherwise provided in this Charter and by law. The Charter may be renewed for successive periods of twenty (20) years pursuant to law.

Appears in 1 contract

Samples: Charter Contract