Term of Joint Venture. The term of the Joint Venture shall commence on the 11th day of June 2012 and shall terminate in accordance with Section 14.
Term of Joint Venture. Subject to the provisions of Article 13 hereof providing for the early dissolution and liquidation of the Joint Venture, the term of the Joint Venture shall commence as of the date hereof and terminate on the date twenty (20) years thereafter; provided, however, that the Joint Venture shall automatically be renewed for successive one (1) year terms unless a Venturer serves notice upon the other Venturers to terminate the Joint Venture at the expiration of the first term of twenty (20) years, or thereafter, at the expiration of any subsequent one (1) year renewal term, which notice must be given at least one hundred eighty (180) days prior to the expiration of the initial or a renewal term.
Term of Joint Venture. This agreement and the Joint Venture will commence on the Effective Date and, subject to the provisions of this agreement, will continue until completion of the winding up of all Joint Venture Operations after the first to occur of:
Term of Joint Venture. (a) The term of the Joint Venture (the “Term”) will commence at the Closing and will expire on the twenty-year anniversary of the Closing Date (the “Initial Term”), unless earlier terminated pursuant to the provisions of Sections 6.4, 6.5, 6.6 or 6.7 hereof. Either the P&G Partners or Clorox may deliver written notice to the other not less than five (5) years prior to the end of the Initial Term requesting that the Term be extended for an additional ten (10) years after the end of the Initial Term. If the Party receiving the notice agrees to such extension, the Term will terminate on the thirty-year anniversary of the Closing Date, unless earlier terminated pursuant to the provisions of Sections 6.4, 6.5, 6.6 or 6.7 hereof. If the Party receiving the notice does not agree to such extension, the Term will automatically terminate at the end of the Initial Term. The expiration of the Term will not relieve any Party from any liability it may have to any other Party arising out of or relating to acts or omissions prior to such expiration.
Term of Joint Venture. 4.1 The Joint Venture will continue indefinitely until terminated by mutual consent of all Companies.
Term of Joint Venture. Article 32 The term of the joint venture company is 10 years. Date of establishment of Joint Venture Company is also the business license signing date. If suggested by one party, and the meeting of board of directors adopts unanimously, it can apply to lengthen the time limit of joint venture to the relevant approval authorities (or its approval authority that trust) before the joint venture expires of six months.
Term of Joint Venture. The term of this Joint Venture shall commence on execution of this Agreement and continues until the Kesslers elect to end their active participation and only be entitled to receive their compensation for ongoing fees and revenues and expanded fees and revenues.
Term of Joint Venture. The Joint Venture shall continue until the earlier of (a) December 31, 2035 and (b) the date the Joint Venture is dissolved in accordance with section 10.
Term of Joint Venture. The Joint Venture shall continue from the Formation Date until dissolved and terminated pursuant to the terms of this Agreement. Subject to the other terms and conditions of this Agreement and to the applicable rules and regulations of the P SC, this Agreement shall continue in existence until the earlier to occur of (i) the date which is twenty-five (25) years after the date the Initial Line is placed in commercial operation, and for periods of five years thereafter, or (ii) twenty-one (2 1) years after the death of the last to die of Xxxxxx X. Xxxxxxx'x issue in being on the Formation Date: provided, however, that any Joint Venturer may elect to terminate this Agreement as of the end of such term or as of the end of any succeeding extended five year period by giving each other Joint Venturer written notice of such election not less than two years prior to the date such termination is to take effect.
Term of Joint Venture. The joint venture will be in effect until both parties agree to terminate the venture. This agreement may be terminated by either party upon 90 days advance written notice. If the customer chooses to terminate the venture, the software and all licenses will rovers back to Developer and all content and Customer marks will be returned to customer. The parties hereto have caused this Agreement to be executed as of the date first written above. CUSTOMER: Bentley Mortgage LLC By: /s/ Xxxxxx X. Xxxxxxx ------------------------------------------- Name: Xxxxxx X. Xxxxxxx Title: Manager
