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Term Renewal Termination Sample Clauses

Term Renewal Termination. This Agreement has an initial one-year term and is subject to annual renewal upon Broker’s recertification per ARC HOME Guidelines, including Broker providing satisfactory evidence of compliance with terms of this Agreement. Either Party may terminate this Agreement, with or without cause, by providing a written notice of termination to the other Party, to be effective immediately upon receipt. Notwithstanding any such termination, this Agreement shall apply to any Package received by ARC HOME prior to termination and termination shall not affect any alleged breach of this Agreement as to any Package received by ARC HOME prior to termination. If ARC HOME terminates this Agreement, then ARC HOME has the option, in its sole discretion, to promptly return any pending Package to Broker without further obligation to accept, underwrite, approve, close or fund the Loan.
Term Renewal Termination. (a) This Agreement shall become effective on the date hereof and shall continue in operation, unless terminated in accordance with the terms hereof, until the first anniversary of the date hereof (the “Initial Term”). After the Initial Term, this Agreement shall be deemed renewed automatically each year for an additional one-year period (an “Automatic Renewal Term”) unless the Company or the Advisor elects not to renew this Agreement in accordance with Section 10(b) or Section 10(c), respectively, or this Agreement is terminated pursuant to Section 10(d). (b) No later than 90 days prior to the expiration of the Initial Term or any Automatic Renewal Term, upon the affirmative vote of a majority of the Board, the Company may, without cause, deliver written notice to the Advisor informing it of the Company’s intention to decline to renew this Agreement, whereupon this Agreement shall not be renewed and extended and this Agreement shall terminate effective on the anniversary date of this Agreement next following the delivery of such notice. The Company may terminate this Agreement at any time for cause pursuant to Section 10(d) hereof. (c) No later than 90 days prior to the expiration of the Initial Term or the then current Automatic Renewal Term, the Advisor may, without cause, deliver written notice to the Company informing it of the Advisor’s intention to decline to renew this Agreement, whereupon this Agreement shall not be renewed and extended and this Agreement shall terminate effective on the anniversary date of this Agreement next following the delivery of such notice. (d) The Company may terminate this Agreement effective upon at least 30 days’ prior written notice from the Company to the Advisor (i) for Cause, (ii) upon the commencement of any proceeding relating to the Advisor’s Bankruptcy or insolvency, including an order for relief in an involuntary bankruptcy case or the Advisor authorizing or filing a voluntary bankruptcy petition, or (iii) upon the dissolution of the Advisor. The Advisor may terminate this Agreement effective upon at least 30 days’ prior written notice to the Company in the event that the Company shall default in the performance or observance of any material term, condition or covenant contained in this Agreement and such default shall continue for a period of 30 days after written notice thereof specifying such default and requesting that the same be remedied in such 30-day period. (e) The provisions of Section 3(b), Section 6...
Term Renewal Termination. A. The term of this AGREEMENT shall extend from the first day of January 2020 and terminate on the 31st day of December, 2020. B. Consideration of funding, renewing or amending the underlying AGREEMENT for subsequent year(s) shall occur as part of the Village Budget process and shall be completed in conjunction with the adoption of the final Village Budget. C. Either party may terminate this AGREEMENT without cause by providing the other party with thirty (30) days advance written notice, sent by certified mail, of their intent to do so. D. If the AGREEMENT is terminated before the end of a calendar year, the VILLAGE shall pay BRIARPATCH a pro-rated amount of the annual rate or BRIARPATCH shall return a pro-rated amount to the VILLAGE within thirty (30) days of such termination.
Term Renewal Termination. The term of this MOU shall commence on the date (the “Initial Effective Date”) SWCD receives written notice from the City, in a form approved by SWCD and in accordance with Sections 5705.41 and 5705.44 of the Ohio Revised Code, as applicable, indicating that the City has agreed to provide funds, in an amount agreed to by the parties, to support SWCD’s general operations for the following 12-month period (the “Initial City Notice”).
Term Renewal Termination. A. This MOU shall be effective as of July 1, 2022 (the "Effective Date"), and shall remain in full force and effect until the 5th anniversary of the Effective Date, unless terminated earlier in accordance with this MOU. Unless terminated earlier, this MOU shall automatically renew for additional five-year terms. B. An Institution may terminate this MOU at will solely with respect to such Institution by providing 60 days advance written notice to the other Institutions.
Term Renewal Termination. 8.1 The parties acknowledge and agree that, subject to the terms of Paragraph 8.2 below, this Agreement will continue for a period of one (1) year after the effective date hereof, and will automatically renew for successive one (1) year periods, unless terminated or modified by FPA. 8.2 The parties acknowledge and agree that this Agreement may be terminated by FPA under the following circumstances: A. At any time by providing the Chapter with thirty (30) days prior written notice of such termination; B. Upon the filing of a petition of bankruptcy by or against the Chapter which is not dismissed within ninety (90) days after the date filing; C. Upon placement of the assets of the Chapter in the hands of a receiver or an assignment of assets by the Chapter for the benefit of its creditors; D. Upon the voluntary or involuntary dissolution of the Chapter. In the event of termination or dissolution of the Chapter, to the extent allowed under applicable law, all of the assets of the Chapter will be distributed to FPA within 60 days of the date of termination. In the event that the Chapter Board of Directors will fail to act in the manner herein, the state court in which the principal office of this Chapter has been located will make such distribution as herein provided, upon the petition of FPA or other persons having an interest in the Chapter or its assets.
Term Renewal Termination. (a) This Agreement shall be for an initial term of five years commencing on the Effective Date (the "Initial Term"). (b) This Agreement shall renew for successive terms of five years each unless at least 30 days prior to the end of the Initial term or then-current renewal term either party notifies the others of its intent to not renew. (c) This Agreement may be terminated by either party: (i) if the other party defaults in any payment to the terminating party and such default continues without a cure for a period of 20 days after the delivery of written notice thereof by the terminating party to the other party; (ii) if the other party defaults in the performance of any material term or condition of this Agreement other than the payment of money and such default continues unremedied for a period of 30 days after the delivery of written notice thereof by the terminating party to the other party. (d) To fully vest in DMG the rights to the Diverse name it has purchased hereunder, upon any termination of this Agreement, DTGroup shall promptly change its corporate and business name to remove the word "Diverse". Furthermore, in such event DTGroup agrees that for a period of two years following termination it will not, without DMG's express written consent, (i) represent the talent who were under contract with DMG at the time of termination, or (ii) operate, directly or through an affiliate, a talent agency located within Los Angeles County.
Term Renewal Termination. (a) This Agreement shall be for an initial term of three (3) years, commencing on the Effective Date (the "Initial Term"). (b) This Agreement shall renew for successive terms of two (2) years each (each a "Renewal Term," and collectively the "Renewal Term") unless, at least 30 days prior to the end of the Initial term or the then-current Renewal Term, either Party notifies the other of its intent to not renew. (c) This Agreement may be terminated by either Party: (i) if both Parties agreed in writing to terminate; (ii) within the Initial Term and for any reason or no reason by providing the other Party 90 days' written notice of such termination. (iii) if the other Party defaults in any payment to the terminating Party required under this Agreement, and such default continues without a cure for a period of 20 days, after the delivery of written notice thereof by the terminating Party to the other Party; or (iv) if the other Party defaults in the performance of any material term or condition of this Agreement other than the payment of money and such default continues unremedied for a period of 30 days after the delivery of written notice thereof by the terminating Party to the other Party. (d) Upon the expiration or termination of this Agreement (i) COC shall assign to GMA the Current GMA Contracts and the New GMA Contracts then in effect, (ii) COC will deliver to GMA the GMA bookkeeping records then in COC's possession, (iii) GMA will cooperate with COC in transitioning the hosting of the websites for the COC Products to a new hosting service designated by COC, including delivery of all site content and related data files and transferring registration of any URLs in GMA's name, and (iv) upon payment of all amounts owing to CirTran hereunder, net of all amounts owing to GMA hereunder, CirTran will release the security interest created pursuant to Section 4(c)(i) and will terminate the control agreement and any financing statement related thereto.
Term Renewal TerminationThe term of this Agreement shall begin on the day and year first above written, and shall conclude on at such time as the Parties hereto have lifted their respective States of Emergency, or such other time as may be delineated in the future in order to fulfill the purpose and intent of this agreement.. The agreement may be terminated by either party for cause and /or violation of the Agreement upon thirty (30) days written notice.
Term Renewal Termination. A. The initial term of this Agreement will commence on the Effective Date and continue through August 31, 2007 unless sooner terminated by the parties in accordance with this Section 4 of this Agreement. If, as of August 31, 2007 and as of the last day of each of the first three (3) subsequent one-year renewal terms thereafter (if applicable), this Agreement has not already terminated, FESCO may renew this Agreement for a successive one-year term (not to exceed four successive one-year renewal terms, in the aggregate) by providing written notice of such election to WebMD within thirty (30) days of the expiration of the current term and subject to the following additional conditions: 1) all applicable fees for each renewal term will be determined by mutual agreement of the Parties at the time of renewal, subject to the “most favored nationsprovisions of Section 3B 2) throughout a renewal term of 9/1/07-8/31/08, FESCO shall guarantee a cumulative total of * employees for the Buy-up Tools