Termination and Extension. The Term shall be sooner terminated or further extended under the following circumstances:
Termination and Extension. This Price Agreement shall automatically terminate as of the date(s) described under CONTRACT PERIOD unless this Price Agreement is altered by formal amendment by the State Purchasing Agent or his designee upon mutual agreement between the State and the Vendor.
Termination and Extension. Unless extended in accordance with the provisions of this paragraph, this Agreement shall automatically terminate two years from the Effective Date. This Agreement shall automatically extend for additional one-year terms unless either party delivers to the other party, at least 60 days prior to the expiration of the Agreement, written notice of such party's intent to terminate the Agreement. Such notice to Executive must be delivered to Executive's address then on record with the UGSI. Notice to UGSI must be delivered to the then Chief Executive Officer at the designated headquarters of UGSI.
Termination and Extension. 7.1 Except as otherwise provided in Section 2.6, this License Agreement shall terminate automatically at the end of the term specified in Section 2.1.
7.2 The Licence Agreement will be terminated if a bankruptcy proceeding is filed against the Licensee.
Termination and Extension. (a) It is hereby mutually agreed that this Lease shall terminate at the end of the Term (as the same may have been accelerated pursuant to Section 2(c)), if a renewal right has not been exercised or, if exercised, upon the end of any renewal term, without notice.
(b) If Tenant shall hold over after the expiration of the Term hereof, and Landlord shall not give consent to such hold over by Tenant, such tenancy may be terminated as permitted by applicable state law, and until Tenant has vacated the Leased Space, it agrees to pay to Landlord rent at a monthly rental double the rate payable by Tenant at the expiration of the Term of this Lease.
Termination and Extension. 8(1) Provided that there has been no uncured default by the Lessee, this Agreement may be renewed at the option of the Lessee by notice as set out below for one additional term of twenty-one (21) years upon the same terms and conditions, save and except for rent and service fees which shall be determined by Manitoba in accordance with then current laws, regulations or policies respecting rental rates and service fees for rental property of this type. The Lessee may exercise the Lessee's option to renew this Agreement at any time after six (6) months before the expiration of the Agreement and prior to two (2) months before the expiration of the Agreement.
8(2) At the end of the term hereof or any renewal term, this Agreement will expire.
8(3) The Lessee may terminate this Agreement effective April 30th of any year of this Agreement by giving notice in writing to Manitoba at least one (1) year prior to the date of termination.
8(4) Without restricting any other remedies available, Manitoba may, at its sole option, immediately terminate this Agreement in writing if:
(a) the Lessee has failed to make any payment due hereunder, or has failed to comply with any other term or condition of this Agreement and has not remedied that failure to comply within ninety (90) days of receipt of notice in writing from Manitoba;
(b) the Lessee makes an assignment for the benefit of creditors, becomes bankrupt or insolvent, takes the benefit of, or becomes subject to, any statutes that may be in force relating to bankrupt or insolvent debtors (the appointment of a receiver or receiver and manager of the assets of the Lessee being conclusive evidence of insolvency), or if any certificate or order is made or granted for the winding-up or dissolution of the Lessee, voluntarily or otherwise;
(c) the Lessee suffers a lien under The Builders’ Lien Act (Manitoba) or any similar or successor legislation registered against the premises or Manitoba’s interest therein and does not contest the validity or the amount of the lien and do all things necessary to obtain and register a discharge forthwith after the lien has come to the notice of the Lessee.
8(5) Where the Lessee terminates this Agreement in accordance with paragraph 8(3) or Manitoba terminates this Agreement in accordance with paragraph 8(4), or upon the expiration of the term or any renewal term of this Agreement:
(a) The Lessee shall deliver up possession of the premises to Manitoba and shall not remain in possession of the p...
Termination and Extension. This Agreement may not be terminated during its term by the Company for any reason other than a material breach by the Investors of the terms of this Agreement. Upon its expiration, this Agreement shall be automatically renewed for additional one-year periods unless Company shall provide Investors with written Notice of Intent not to renew this Agreement not less than three (3) months prior to the expiration of the initial term or any extension term thereof.
Termination and Extension. SURRENDER OF LEASED SPACE.
Termination and Extension. This Clause sets out when the Agreement will terminate and how it may be extended.
Termination and Extension. Section 1. This Agreement shall be in effect from date of Agreement through December 31, 2009.
Section 2. Negotiations for a successor Agreement shall commence in accordance with N.J.A.C. 19:12-2.
1. This Agreement shall remain in full force and effect during the period of negotiations for a successor Agreement.
