TERMS AND VALIDITY Sample Clauses

TERMS AND VALIDITY. 5.1 The present Agreement will be valid for two (2) years from the date of its execution. However, all terms and conditions that are either specifically stated to or that traditionally survive completion or termination, shall remain in full force and effect.
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TERMS AND VALIDITY. This Contract shall come into force as the Date set forth above and shall remain in effect for the duration of three years. In the event this Agreement expires or terminates for any reason in whole or in part, one party will provide the other party reasonable termination assistance, including but not limited to assistance in completing the delivery of the Goods in transit, make payments in time.
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TERMS AND VALIDITY. The present Contract will be valid for one year as of its execution ("Contract Term") and may be extended in writing for up to four (4) additional option periods of one year each, by means of an addendum agreed to and signed by both parties. However, all terms and conditions that are either specifically stated to or that by custom survive termination shall remain in full force and effect. Contract Prices for each of the option periods shall not exceed those stated in Contractor's proposal, unless previously authorized by the Owner. Upon decision to exercise the option to extend the Contract Term, as set forth in Clause 4.1, the Owner shall notify Contractor sixty (60) calendar days prior to the expiration of the then current term. The Contractor shall respond within fifteen (15) calendar days. Performance of Services under the present Contract shall commence on the third calendar day after the execution of this Contract ("Commencement Date").
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TERMS AND VALIDITY. 4.1. The present Contract shall be valid for one year as of its execution ("Contract Term") and may be extended in writing for up to 4 (four) additional option periods of one year each, by means of an addendum agreed to and signed by both parties. However, all terms and conditions that are either specifically stated to or that by custom avoid termination shall remain in full force and effect.
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Related to TERMS AND VALIDITY

  • Authorization and Validity This Agreement and each promissory note, contract, instrument and other document required hereby or at any time hereafter delivered to Bank in connection herewith (collectively, the "Loan Documents") have been duly authorized, and upon their execution and delivery in accordance with the provisions hereof will constitute legal, valid and binding agreements and obligations of Borrower or the party which executes the same, enforceable in accordance with their respective terms.

  • Validity The invalidity or unenforceability of any provision of this Agreement shall not affect the validity or enforceability of any other provision of this Agreement, which shall remain in full force and effect.

  • Waiver of Rule of Construction Each Party has had the opportunity to consult with counsel in connection with the review, drafting and negotiation of this Agreement. Accordingly, the rule of construction that any ambiguity in this Agreement shall be construed against the drafting Party shall not apply.

  • Governing Law and Enforceability This Contract will be governed and interpreted according to the Constitution and Laws of the State of Colorado. If any provision of this Contract or any application of this Contract to the School is found contrary to law; such provision or application will have effect only to the extent permitted by law. The parties agree, upon the request of either, to meet and discuss in good faith any material changes in law that may significantly impact their relationship, and to negotiate in good faith to adopt any necessary or appropriate replacement provision.

  • Governing Law; Construction This Agreement and any claim, counterclaim or dispute of any kind or nature whatsoever arising out of or in any way relating to this Agreement (“Claim”), directly or indirectly, shall be governed by, and construed in accordance with, the laws of the State of New York. The section headings in this Agreement have been inserted as a matter of convenience of reference and are not a part of this Agreement.

  • Interpretation of the Agreement The laws of the Commonwealth of Pennsylvania shall govern this Agreement.

  • Governing Law; Interpretation This Agreement shall be interpreted and enforced under the laws of the Commonwealth of Massachusetts, without regard to conflict of law principles. In the event of any dispute, this Agreement is intended by the parties to be construed as a whole, to be interpreted in accordance with its fair meaning, and not to be construed strictly for or against either you or the Company or the “drafter” of all or any portion of this Agreement.

  • Execution and Enforceability This Agreement has been duly executed and delivered by the Assuming Institution and when this Agreement has been duly authorized, executed and delivered by the Corporation and the Receiver, this Agreement will constitute the legal, valid and binding obligation of the Assuming Institution, enforceable in accordance with its terms.

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