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Term of the Settlement Agreement Sample Clauses

Term of the Settlement Agreement. The term of this Settlement Agreement shall be until December 31, 2020 (the “Initial Term”). (a) After the Initial Term, the term of this Settlement Agreement shall renew for one year every year on December 31 unless: (i) either party informs the other in writing at least ten (10) business days prior to December 31 that the party declines to renew the Settlement Agreement term (in which event, this Settlement Agreement shall terminate on December 31 of that year), or (ii) Scribd becomes insolvent, or otherwise enters into liquidation, or has a receiver or trustee appointed to administer its property or affairs, in which case the Parties’ duties and rights shall be observed according to Section 12(l). (b) Termination of this Settlement Agreement pursuant to this Section 11: (a) shall only terminate the Parties’ respective rights and obligations under Sections 2, 3, 4, 5, and 10; and (b) shall not terminate or otherwise affect the other respective rights and obligations of the Parties under this Settlement Agreement.
Term of the Settlement Agreement. 11.1. The term of this Settlement Agreement shall be until January 1, 2022.
Term of the Settlement AgreementThe term of the Settlement Agreement shall commence on the Closing Date and shall expire on the earlier of: (i) the date of the Executive’s termination by BHB of employment with BHB (or any affiliate or subsidiary of BHB) for any reason or (ii) ninety (90) days after the Closing Date (the “Term”), at which time Executive’s employment will terminate.
Term of the Settlement Agreement. The Agreement shall have effect from the Effective Date and shall continue in force for a period of two (2) years (“Term of the Agreement”), with the exception of the release of claims set forth in Section 12 of this Agreement, which Section shall survive the expiration of the Term of the Agreement.
Term of the Settlement Agreement. The term of this Settlement Agreement shall be until January 15, 2019.

Related to Term of the Settlement Agreement

  • Modification of Settlement Agreement Any modification to this Settlement Agreement shall be in writing and signed by the Parties.

  • Term of Agreement; Amendment; Assignment A. This Agreement shall become effective with respect to each Fund listed on Exhibit A hereof as of the date hereof and, with respect to each Fund not in existence on that date, on the date an amendment to Exhibit A to this Agreement relating to that Fund is executed. Unless sooner terminated as provided herein, this Agreement shall continue in effect for two years from the date hereof. Thereafter, if not terminated, this Agreement shall continue in effect automatically as to each Fund for successive one-year periods, provided such continuance is specifically approved at least annually by: (i) the Trust’s Board, or (ii) the vote of a “majority of the outstanding voting securities” of a Fund, and provided that in either event, the continuance is also approved by a majority of the Trust’s Board who are not “interested persons” of any party to this Agreement, by a vote cast in person at a meeting called for the purpose of voting on such approval. B. Notwithstanding the foregoing, this Agreement may be terminated, without the payment of any penalty, with respect to a particular Fund: (i) through a failure to renew this Agreement at the end of a term, (ii) upon mutual consent of the parties, or (iii) upon not less than 60 days’ written notice, by either the Trust upon the vote of a majority of the members of its Board who are not “interested persons” of the Trust and have no direct or indirect financial interest in the operation of this Agreement, or by vote of a “majority of the outstanding voting securities” of a Fund, or by the Distributor. The terms of this Agreement shall not be waived, altered, modified, amended or supplemented in any manner whatsoever except by a written instrument signed by the Distributor and the Trust. If required under the 1940 Act, any such amendment must be approved by the Trust’s Board, including a majority of the Trust’s Board who are not “interested persons” of any party to this Agreement, by a vote cast in person at a meeting for the purpose of voting on such amendment. In the event that such amendment affects the Advisor, the written instrument shall also be signed by the Advisor. This Agreement will automatically terminate in the event of its “assignment.” C. As used in this Section, the terms “majority of the outstanding voting securities,” “interested person,” and “assignment” shall have the same meaning as such terms have in the 1940 Act. D. Sections 7 and 8 shall survive termination of this Agreement.

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

  • EXECUTION OF SETTLEMENT AGREEMENT This Settlement Agreement may be signed in one or more counterparts which together shall constitute a binding agreement.

  • Termination Amendment Waiver 35 SECTION 7.01. Termination................................................................................ 35 SECTION 7.02.

  • Termination Amendment and Waiver 46 7.1 Termination....................................................................................46 7.2

  • Application of Settlement Agreement 10.1 This Settlement Agreement shall apply to, be binding upon, and inure to the benefit of, CAG and the Releasees and Downstream Releasees identified in Section 2 above.

  • Parties to Lock-Up Agreements The Company has furnished to the Underwriters a letter agreement in the form attached hereto as Exhibit A (the “Lock-up Agreement”) from each of the persons listed on Exhibit B. Such Exhibit B lists under an appropriate caption the directors and executive officers of the Company. If any additional persons shall become directors or executive officers of the Company prior to the end of the Company Lock-up Period (as defined below), the Company shall cause each such person, prior to or contemporaneously with their appointment or election as a director or executive officer of the Company, to execute and deliver to the Representatives a Lock-up Agreement.

  • TERM OF THE WARRANT AGREEMENT Except as otherwise provided for herein, the term of this Warrant Agreement and the right to purchase Preferred Stock as granted herein shall commence on the Effective Date and shall be exercisable for a period of (i) ten (10) years or (ii) five (5) years from the effective date of the Company's initial public offering, whichever is longer.