The Term of the Contract Sample Clauses

The Term of the Contract. This contract shall remain valid for one year from the date of signing, unless amended by mutual consent.
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The Term of the Contract. 1. This contract shall go into effect as of January 1, 2000, and it shall be valid for an indefinite period of time. The contract can be terminated by either party at a year's notice as of the end of the quarter, for the first time, however, effective as of December 31,2002. 2. The right for a dismissal without notice for important cause shall remain unaffected. 3. The company has the right to grant Mr. Ruckenbrod a leave of absence from his work-related obligations on behalf of the limited partnership or on behalf of the company at any time while any and all contractual benefits and vacation benefits shall continue to be granted. Mr. Ruckenbrod can also be removed from his office as manager of the company at any time, following a resolution by the PHG Tea Leaves, Inc. in its capacity as shareholder of the company. 4. The employment contract shall expire at the latest at the end of the month during which Mr. Ruckenbrod celebrates his 65th birthday. 5. Mr. Ruckenbrod agrees to pay the company a contractual penalty in the amount of three gross monthly salaries if he dissolves the employment contract in violation of the agreement. Any further damage claims of the limited partnership or of the company shall be unaffected by this.
Sample 1
The Term of the Contract. 5.1. This Agreement shall enter into force upon its signature and full payment and is valid for . 5.2. The extension of the Agreement is the subject to agreement of the Parties. 5.3. The expiration of the Contract entails the termination of obligations of the Parties under the Contract. 5.4. If the Customer more than three (3) times refuses to hire staff, selected by the Contractor and comply with all specified requirements the candidate, the Contract is terminated.
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The Term of the Contract. The District agrees to employee Superintendent as its Superintendent of Schools from July 1, 2014, to June 30, 2017. The Superintendent accepts such employment and agrees to serve as the District’s Superintendent of Schools for the Contract term.
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The Term of the Contract. The present Contract becomes effective from the day of its conclusion by the Parties and remains valid till 31.
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The Term of the Contract. The Client may withdraw from the Contract if the Supplier fails to provide the service within the date specified in Article V hereof or in the quality pursuant to the Contract. The withdrawal becomes effective on the day following the date of provable delivery of a written withdrawal notice to the other party.
Sample 1
The Term of the Contract. The term of the Contract is from the date of execution until December 31, 2023. Where the quantities originally contemplated are so changed that application of the agreed unit price to the quantity of work performed is shown to create a hardship to the Owner or the Contractor, there shall be an equitable adjustment of the Contract to prevent such hardship. TIME & MANNER OF DOING WORK. The party of the second part agrees to commence the construction of the work to be done under this contract, immediately upon receiving written notice from the Director of Public Works, or other applicable Director, so to do and to complete the entire work as specified in the technical specifications, it being expressly agreed and understood that the time of beginning, rates of progress and time of completion of the work are essential under this contract. Time is to be considered to be the essence of this contract.
Sample 1
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The Term of the Contract. 5.1 This Contract comes into force from the moment of signing it by the Sides.
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The Term of the Contract. 8.1. The Contract shall become effective from the date it is signed by the Par- ties, and shall terminate on the date of signing of the minutes of the Supervisory Board meeting regarding the appointment of the new Corpo- rate Secretary. 8.2. The Corporate Secretary may terminate the Contract. In such case, the Corporate Secretary shall give the Employer written notice of his intention to terminate at least two weeks prior to the effective date of such termina- tion. 8.3. The Contract may be terminated on failure to perform or improper performance of the Corporate Secretary’s duties and obligations as spec- ified in Article 2 hereof, or other grounds as set forth by the Law.
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Related to The Term of the Contract

  • TERM OF THE CONTRACT This Contract begins on 07/01/2015 and ends on 06/30/2016. DSHS has the option, in its sole discretion, to renew the Contract. DSHS is not responsible for payment under this Contract before both parties have signed the Contract or before the start date of the Contract, whichever is later.

  • OPTION TO EXTEND THE TERM OF THE CONTRACT (MAR 2000)

  • Duration of the contract framework agreement or dynamic purchasing system II.2.10) Information about variants II.2.11) Information about options

  • Conditions Term of Agreement 93 3.1 Conditions Precedent to the Initial Extension of Credit ............................................. 93 3.2 Conditions Precedent to all Extensions of Credit ........................................................ 93 3.3 Maturity ........................................................................................................................... 93 3.4

  • Term of the Company The term of the Company commenced on the Formation Date and shall continue in existence until termination and dissolution thereof as determined under Section 21 of this Agreement; provided that this Agreement shall remain in full force and effect notwithstanding the termination and dissolution of the Company.

  • Termination of the Contract 1. The Contractor may terminate the contract if the Partner has inadequately discharged or failed to discharge any of the contractual obligations, insofar as this is not due to force majeure, after notification of the Partner by registered letter has remained without effect for one month. 2. The Partner shall immediately notify the Contractor, supplying all relevant information, of any event likely to prejudice the performance of this contract.

  • TERM OF THIS CONTRACT The term of this Contract commences on the Contract Start Date and ends on the earliest of (i) the

  • Variation of the contract The parties undertake not to vary or modify the Clauses. This does not preclude the parties from adding clauses on business related issues where required as long as they do not contradict the Clause.

  • Term of this Agreement The term of this Agreement shall continue in effect, unless earlier terminated by either party hereto as provided hereunder, for a period of two years. Thereafter, unless otherwise terminated as provided herein, this Agreement shall be renewed automatically for successive one-year periods. This Agreement may be terminated without penalty: (i) by provision of sixty (60) days' written notice; (ii) by mutual agreement of the parties; or (iii) for "cause" (as defined herein) upon the provision of thirty (30) days' advance written notice by the party alleging cause.

  • Initial Term and Renewal This Agreement shall become effective upon its execution and, shall have an initial term of five (5) years. Following the expiration of the initial term, the Agreement shall automatically renew for successive one-year terms until such time that the Agreement is terminated by either Party upon giving the other Party six (6) months’ written notice of termination.

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