Examples of Agreement Expiration Date in a sentence
The Parties’ respective performances under this Agreement shall commence on the Agreement Performance Beginning Date shown on the Cover Page for this Agreement and shall terminate on the Initial Agreement Expiration Date shown on the Cover Page for this Agreement (the “Initial Term”) unless sooner terminated or further extended in accordance with the terms of this Agreement.
If Agreement Funds expire before the Agreement Expiration Date, then no payments will be made after expiration of Agreement Funds.
Additionally, the State shall have no obligation to pay Local Agency for any Work performed or expense incurred after the Agreement Expiration Date or after required billing deadline specified in §7.B.i.e., the expiration of Multimodal Transportation Options Funding (“MMOF”) if applicable, whichever is sooner.
The State’s obligation to pay Agreement Funds exclusive of MMOF will continue until the Agreement Expiration Date.
The State may unilaterally modify Exhibit C from time to time, at its sole discretion, to extend the Agreement Expiration Date and/or to extend the period of performance for a phase of Work authorized under this Agreement.