Common use of Term Renewal Termination Clause in Contracts

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”). The parties acknowledge, understand, and agree that any such funding shall be for the purposes of the District’s general operations for a period of 12 calendar months following the Initial Effective Date (the “Initial MOU Term”) and that this MOU shall terminate on the 12-month anniversary of the Initial Effective Date in the event the City does not renew this MOU as set forth herein. This MOU may be renewed by City for any 12-month period following the Initial MOU Term (a “Subsequent MOU Term”) provided that the SWCD receives written notice, as described above (a “Subsequent City Notice”), not less than 30 days prior to expiration of the Initial MOU Term (the date the District receives a Subsequent City Notice, a “Subsequent Effective Date”), and shall continue to renew for any 12-month period provided that the SWCD receives a Subsequent City Notice not less than 30 days prior to expiration of any Subsequent MOU Term then in effect. This MOU may be amended or terminated at any time by mutual consent of both parties, or the agreement may be terminated by either party giving thirty (30) day’s advance written notice to the other. In witness thereof, the Memorandum executed and agreed to on the latest day, month and year written below: Cuyahoga Soil & Water City of North Royalton Conservation District By: Xxxx Xxxxx By: Xxx. Xxxxxx Xxxxxxxx Chair Mayor

Appears in 2 contracts

Samples: cms7files.revize.com, www.northroyalton.org

AutoNDA by SimpleDocs

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”). The parties acknowledge, understand, and agree that any such funding shall be for the purposes of the District’s general operations for a period of 12 calendar months following the Initial Effective Date (the “Initial MOU Term”) and that this MOU shall terminate on the 12-month anniversary of the Initial Effective Date in the event the City does not renew this MOU as set forth herein. This MOU may be renewed by City for any 12-month period following the Initial MOU Term (a “Subsequent MOU Term”) provided that the SWCD receives written notice, as described above (a “Subsequent City Notice”), not less than 30 days prior to expiration of the Initial MOU Term (the date the District receives a Subsequent City Notice, a “Subsequent Effective Date”), and shall continue to renew for any 12-month period provided that the SWCD receives a Subsequent City Notice not less than 30 days prior to expiration of any Subsequent MOU Term then in effect. This MOU may be amended or terminated at any time by mutual consent of both parties, parties or the agreement may be terminated by either party giving thirty (30) day’s advance written notice to the other. In witness thereof, the Memorandum executed and agreed to on the latest day, month and year written below: Cuyahoga Soil & Water City of North Royalton Conservation District By: Xxxx Xxxxx Xxxxxx Xxxxxx By: XxxHon. Xxxxxx Xxxxxxxx Xxxxx Antokiewicz Chair Mayor

Appears in 1 contract

Samples: cms7files.revize.com

AutoNDA by SimpleDocs

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”). The parties acknowledge, understand, and agree that any such funding shall be for the purposes of the District’s general operations for a period of 12 calendar months following the Initial Effective Date (the “Initial MOU Term”) and that this MOU shall terminate on the 12-month anniversary of the Initial Effective Date in the event the City does not renew this MOU as set forth herein. This MOU may be renewed by City for any 12-month period following the Initial MOU Term (a “Subsequent MOU Term”) provided that the SWCD receives written notice, as described above (a “Subsequent City Notice”), not less than 30 days prior to expiration of the Initial MOU Term (the date the District receives a Subsequent City Notice, a “Subsequent Effective Date”), and shall continue to renew for any 12-month period provided that the SWCD receives a Subsequent City Notice not less than 30 days prior to expiration of any Subsequent MOU Term then in effect. This MOU may be amended or terminated at any time by mutual consent of both parties, or the agreement may be terminated by either party giving thirty (30) day’s advance written notice to the other. In witness thereof, the Memorandum executed and agreed to on the latest day, month and year written below: Cuyahoga Soil & Water City of North Royalton Conservation District By: Xxxx Xxxxx By: XxxHon. Xxxxxx Xxxxxxxx Xxxxx Antokiewicz Chair Mayor

Appears in 1 contract

Samples: www.northroyalton.org

Time is Money Join Law Insider Premium to draft better contracts faster.