TERM OF VALIDITY OF THE AGREEMENT. 5.1. The Agreement is concluded for 5 (five) years and enters into force when signed by both Parties.
5.2. The Parties shall have the right to terminate the Agreement before its expiry upon a written agreement between the Parties.
5.3. If any Party violates any provision of the Agreement and such a violation is not rectified within 30 (thirty) working days of receiving a written notice of the other Party, or if the violation reoccurs, the other Party may terminate the Agreement unilaterally. The terminating Party must notify the violating Party why and when the Agreement is being terminated. The notice, which shall include the grounds for termination and the date of termination, shall be sent by the other Party to the Party violating the Agreement not later than 30 (thirty) days before the date of termination.
5.4. The Licensor shall have the right to terminate the Agreement unilaterally also in case, if:
5.4.1. the Licensee does not pay the initial, fixed payment within the set deadline;
5.4.2. if insolvency proceedings or legal protection proceedings (out-of-court legal protection) of the Licensee are initiated in the court;
5.4.3. if the Know-how is sub-licenced, in breach of Paragraph 2.1. of the Agreement;
5.4.4. the Licensee has violated the provisions regarding Confidential Information or trade secret.
TERM OF VALIDITY OF THE AGREEMENT. 6.1. The Agreement is concluded for 10 (ten) years and enters into force when signed by both Parties.
6.2. The Parties shall have the right to terminate the Agreement before its expiry in accordance with a written agreement between the Parties.
6.3. If any Party violates any provision of the Agreement and such a violation is not rectified within 30 (thirty) working days of receiving a written notice of the other Party, or if the violation reoccurs, the other Party may terminate the Agreement unilaterally. The terminating Party must notify the violating Party why and when the Agreement is being terminated. The notice, which shall include the grounds for termination and the date of termination, shall be sent by the other Party to the Party violating the Agreement not later than 30 (thirty) days before the date of termination.
6.4. The Licensor shall have the right to terminate the Agreement unilaterally also in case, if:
6.4.1. the Licensee does not pay the initial, fixed payment within the set deadline;
6.4.2. it is discovered that the Licensee provided false information within the scope of the auction which granted it the right to conclude the Agreement;
6.4.3. if insolvency proceedings or legal protection proceedings (out-of-court legal protection) of the Licensee are initiated in the court;
6.4.4. the Licensee’s economic activity is suspended for more than 2 (two) weeks;
6.4.5. international or national sanctions or serious sanctions affecting interests of the financial and capital market imposed by member states of the European Union or the North Atlantic Treaty Organization are applied to the Licensee during the effective period of the Agreement;
6.4.6. the Licensee has violated the provisions regarding Confidential Information or trade secret;
6.4.7. The Licensee does not achieve, within 2 (two) years, excluding the first year after the conclusion of the Agreement, a net turnover from the sale of the Products in an amount sufficient to ensure that the Licensor receives an annual interest payment (Clause 5.1.2 of the Agreement) at least equal to the amount of the initial fixed payment (Clause 5.1.1 of the Agreement) and does not ensure that in subsequent years the Licensor receives an annual increase of at least 5% (five per cent) in revenues compared to the preceding year. In such a case, the Parties shall first seek the causes and possible solutions through negotiations and may conclude agreements specifying the extent and aspects of the turnover to ...
TERM OF VALIDITY OF THE AGREEMENT. 8.1. The Agreement shall enter into force after mutual signing and shall remain valid until full performance of obligations hereunder (till 2019-04-01).
8.2. Amendments to the Agreement, where necessary, shall be introduced in line with the provisions of Section 671 of the Public Procurement Law.
TERM OF VALIDITY OF THE AGREEMENT. 1. This Agreement shall enter into force as of the moment of its signing and shall operate until the end of the study term or ex-matriculation of the STUDENT. The Agreement has been concluded and shall be performed in accordance with the laws and regulations in force in the Republic of Latvia. 7.2. The Agreement may be terminated by mutual agreement of the Parties. 7.
3. The INSTITUTE shall be entitled to unilaterally ex-matriculate the STUDENT without warning and unilaterally terminate this Agreement in the following events: 7.
3.1. if the tuition fee has not been paid in full amount by the deadline specified in Annex 1 of the Agreement;
TERM OF VALIDITY OF THE AGREEMENT. The term of validity for this Agreement shall be from the date of the latest amendment to the Agreement as set forth in the Supplementary Provisions to the date of its next amendment by the Organization.
TERM OF VALIDITY OF THE AGREEMENT. 5.1. This Agreement is deemed to be concluded as of the date of the technical login of any of the Channels of the Partner to the AIR and/or as of the date of the Contractor’s provision of access to the Personal Account of the Partner.
5.2. This Agreement shall come into force upon its execution and shall remain valid for twelve (12) months.
5.3. The Partner and the Contractor shall consider the Term of Validity specified in par. 5.2 of this Agreement as the minimum necessary for each of the Parties to achieve a satisfying commercial result of the cooperation. In this regard, it is expressly stipulated that the Partner shall not be entitled to terminate this Agreement and disconnect from the Contractor Partner Program during the Term of Validity of this Agreement, with the exception of the instance provided for under par. 5.5 of this Agreement.
5.4. In the event that thirty (30) days prior to the expiry of the Term of Validity, neither of the Parties notify the other Party on the termination of this Agreement in the Personal Account or the need for its modification, or the necessity to execute the agreement under different terms and conditions, the Term of Validity shall be deemed extended (renewed) every time for the next twelve (12) months under the previous terms and conditions. In the event of the Partner’s technical disconnection of the Channel without compliance with the terms of termination of this Agreement provided in this paragraph, the Contractor shall be entitled to retention of a portion of the Advertising Revenue under par. 5.6 of this Agreement.
5.5. The Partner shall be entitled to premature termination of this Agreement unilaterally only in the event of the Contractor’s failure to fulfill its obligations on the Advertising Revenue transfer under the terms and conditions of this Agreement and its failure to correct such violation within thirty (30) calendar days following a respective notification sent by the Partner in the Personal Account.
5.6. In the event that, at its sole discretion, the Partner technically disconnects the Channel from the AIR, Contractor shall be entitled prior to the expiry of the Term of Validity, specified in par. 5.2, by technical features of the Platform retain the portion of the Advertising Revenue to which he is entitled according to the Agreement, from the Content placement on the Channel at the moment of disconnection of the Channel from the AIR, and also from the Content which will be placement on the Channel...
TERM OF VALIDITY OF THE AGREEMENT. This Purchased Parts Quality Assurance Agreement is coming into force on the date of its signing and is concluded for an indefinite period of time. Subsequent up-to-date versions are stored at xxxxx://xxxxx.xx/cz/o-firme/ke-stazeni . This agreement may be terminated within 6 months. Supplier contracts concluded before the expiry of this Agreement shall continue to be handled after its termination in accordance with the rules agreed herein.
TERM OF VALIDITY OF THE AGREEMENT. The Agreement shall be valid for a period of 3 years from the date of its conclusion. However, the obligation to keep the Confidential Information in strict secrecy, shall bind the Receiving Party for an indefinite period of time, perpetually, including in the event of termination of the Agreement by either Party.
TERM OF VALIDITY OF THE AGREEMENT. 6.1. The Agreement is concluded for 7 (seven) years and enters into force when signed by both Parties.
6.2. The Parties shall have the right to terminate the Agreement before its expiry in accordance with a written agreement between the Parties.
6.3. If any Party violates any provision of the Agreement and such a violation is not rectified within 30 (thirty) working days of receiving a written notice of the other Party, or if the violation reoccurs, the other Party may terminate the Agreement unilaterally. The terminating Party must notify the violating Party why and when the Agreement is being terminated. The notice, which shall include the grounds for termination and the date of termination, shall be sent by the other Party to the Party violating the Agreement not later than 30 (thirty) days before the date of termination.
6.4. The Licensor shall have the right to terminate the Agreement unilaterally also in the following cases:
6.4.1. the Licensee does not pay within the set deadline;
6.4.2. it is discovered that the Licensee provided false information within the scope of the auction which granted it the right to conclude the Agreement;
6.4.3. if insolvency proceedings or legal protection proceedings (out-of-court legal protection) of the Licensee are initiated in the court and no payment is made for the licence;
6.4.4. the Licensee’s economic activity is suspended for more than 2 (two) weeks and no payment is made for the licence;
6.4.5. international or national sanctions or serious sanctions affecting interests of the financial and capital market imposed by member states of the European Union or the North Atlantic Treaty Organization are applied to the Licensee during the effective period of the Agreement;
6.4.6. the Licensee has violated the provisions regarding Confidential Information or trade secret;
6.5. In the event of any termination of the Agreement:
6.5.1. the Licensor does not return the payment received to the Licensee unless the Parties agree otherwise;
6.5.2. the Licensee immediately ceases all use of the Intellectual Property;
6.5.3. in accordance with Clause 4.7 of the Agreement, the Licensee returns to the Licensor all information and materials qualifying as Confidential information and commercial information;
6.6. When the 7 (seven) year period of the Agreement is over, if the Licensee has fulfilled its liabilities under the Agreement, the Licensee shall have pre-emptive right to obtaining the license for another 7 (seven) year perio...
TERM OF VALIDITY OF THE AGREEMENT. 2.1. The contracting parties agree that this Agreement enters into force on the day of its signing and lasts until ________________ year.
2.2. The contracting parties agree that the defined period of EE supply to the Consumer starts from 00:00 on the day of ___________ year and lasts until 24:00 on the day of ____________ year.
2.3. The contracting parties agree that, if none of them submits a written request for: termination of the validity of this Agreement or a proposal for changes to the terms of this Agreement no later than 45 (forty-five) days before its expiration, it will be considered that this Agreement is extended under the same conditions specified in the Agreement and for a duration of one calendar year (for the following year).
