Agreement Expiration Date definition
Examples of Agreement Expiration Date in a sentence
If Agreement Funds expire before the Agreement Expiration Date, then no payments will be made after expiration of Agreement Funds.
The State’s obligation to pay Agreement Funds exclusive of MMOF will continue until the Agreement Expiration Date.
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 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.
To exercise these options to extend the Agreement Expiration Date and/or to update the phase performance period extension option, the State will provide written notice to Local Agency in a form substantially equivalent to Exhibit B.