Term of Master Facility Sample Clauses

Term of Master Facility. The Master Facility shall be for a term of five (5) years from the date of this Master Loan Agreement, subject to termination by Bank within ninety (90) days of each anniversary date of this Master Loan Agreement, in the event the Bank determines there has been a material deterioration in the Loan or value of the collateral, as determined in Bank's reasonable discretion, and such termination shall be effective upon written notice to Borrower within such ninety (90) day period, whereupon the Master Facility shall expire and terminate on the date so specified in the notice, provided any outstanding Loan would mature on the maturity date as provided that in the respective Note evidencing such Loan, and would remain unaffected by such termination.
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Related to Term of Master Facility

  • TERM OF MASTER CONTRACT The term of this Master Contract shall be from July 1, 2022 to June 30, 2023 (Title 5 California Code of Regulations section 3062(a)). Neither the CONTRACTOR nor the LEA is required to renew this Master Contract in subsequent contract years. The parties acknowledge that any subsequent Master Contract is to be re-negotiated prior to June 30, 2023. If the subsequent Master Contract has not been executed prior to June 30, 2023, this Contract shall remain in force and effect until terminated as provided herein or a new Master Contract is executed.

  • Term of Master Agreement Section 10.1 is replaced in its entirety, as follows:

  • Term of Use Registry Operator, through CZDA Provider, will provide each user with access to the zone file for a period of not less than three (3) months. Registry Operator will allow users to renew their Grant of Access.

  • Term of MOU This MOU is effective upon the day and date last signed and executed by the duly authorized representatives of the parties to the MOU and governing bodies of the parties and shall remain in full force and effect upon the completion of the annual meeting for which the VFW Host Department, has agreed to host.

  • Term of License The license granted to the Engineer by this article shall terminate at the end of the term specified in Article 2 of this contract.

  • TERM OF FRAMEWORK AGREEMENT The Framework Agreement shall take effect on the Commencement Date and (unless it is otherwise terminated in accordance with the terms of this Framework Agreement or it is otherwise lawfully terminated) shall terminate at the end of the Term.

  • Term of the Lease The lease begins at p.m. on (the “Check-in Date”) and ends at a.m. on (the “Checkout Date”).

  • Extended Tours Where the Hospital and the Union agree, subject to the approval of the Ministry of Labour, other arrangements regarding hours of work may be entered into between the parties on a local level with respect to tours beyond the normal or standard work day. The model agreement with respect to extended tour arrangements is set out below: This Model Agreement shall be part of the Collective Agreement between the parties herein, and shall apply to the employees described in Article 1 of the Model Agreement.

  • Term of the Loan All principal, interest and other sums due under the Loan Documents shall be due and payable in full on the Maturity Date.

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

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