Duration and Termination definition

Duration and Termination in its entirety, and replace with the following:
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Duration and Termination is hereby deleted and replaced in its entirety with the following:
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Duration and Termination shall be deleted and replaced, in its entirety, with the following: This Agreement will become effective as to the Company upon execution or, if later, the date that initial capital for the Company is first provided to it, and unless sooner terminated as provided herein, will continue in effect for two years from the date of its execution. Thereafter, if not terminated, this Agreement shall continue in effect through September 30th of each successive year following the initial two year period, provided that such continuation is specifically approved at least annually by the Board. Notwithstanding the foregoing, this Agreement may be terminated at any time, without the payment of any penalty, on sixty (60) days’ written notice by the Adviser with the consent of the Board. This Agreement will immediately terminate in the event of its assignment. Sections 9 and 10 herein shall survive the termination of this Agreement. 4) Except as specifically amended hereby, the Agreement shall remain in full force and effect in accordance with its terms. 5) Each of the Parties represents and warrants to the others that it has full authority to enter into this Amendment upon the terms and conditions hereof and that the individual executing this Amendment is duly authorized to bind the respective party to this Amendment. 6) This Amendment may be executed in one or more counterparts, which together shall constitute one document.
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Examples of Duration and Termination in a sentence

  • In case the Client does not agree with the amendments, the Client shall be entitled to terminate this Agreement in accordance with the Duration and Termination of the Agreement section herein included.

  • This Lock does not limit the rights of the Fund's shareholders, the Fund's Board, or IMCO as set forth in Section 6 of the Agreement ("Duration and Termination of this Agreement").

  • The rights and obligations in Clauses 11 (Limitation of Liability), 12 (Confidentiality), 13 (Intellectual Property and Indemnity) 15 (Duration and Termination) and 16 (Miscellaneous) and 17 (Governing Law and Dispute Resolution) and this Clause 15, and other provisions necessary to be invoked beyond the duration of the Agreement (including all those providing for limitation of or protection against liability of the Parties) shall survive termination, cancellation or expiration of this Agreement.

  • From that date, all provisions of the IPPA, including the provisions for termination contained in Article 14 (Entry into Force and Duration and Termination), and any rights or obligations arising from those provisions, shall cease to have effect.

  • This Lock does not limit the rights of a Fund's shareholders, a Fund's Board, or IMCO as set forth in Section 6 of the Agreement ("Duration and Termination of this Agreement").

  • The parties agree to enter into collective negotiations concerning a successor agreement to become effective on or after July 1, 2019 subject to the provisions set forth in Article XLIII, Duration and Termination.

  • This Four-Year Lock does not limit the rights of a Fund's shareholders, a Fund's Board, or IMCO as set forth in Section 6 of the Agreement ("Duration and Termination of this Agreement").

  • The rights and obligations in Clauses 12 (Limitation of Liability), 13 (Confidentiality), 14 (Intellectual Property and Indemnity) 15 (Duration and Termination) and 17 (Miscellaneous) and 18 (Governing Law and Dispute Resolution) and this Clause 16, and other provisions necessary to be invoked beyond the duration of the Agreement (including all those providing for limitation of or protection against liability of the Parties) shall survive termination, cancellation or expiration of this Agreement.

  • The parties agree to enter into collective negotiations concerning a successor agreement to become effective on or after July 1, 2015 subject to the provisions set forth in Article XLIII, Duration and Termination.

  • Duration and Termination of Trust Section 7.2. Reorganization Section 7.3.


More Definitions of Duration and Termination

Duration and Termination. This section states how long the agreement will last and how it can be ended. - Miscellaneous Provisions: This section includes standard clauses such as governing law, dispute resolution, waivers, notices, and confidentiality. These are important to protect the rights of both parties.. Before signing the agreement, check each clause carefully to make sure it suits your needs. If you need legal advice, consult a lawyer. Also, ensure that the other party agrees with the terms and conditions. Project sponsorship is a great way to support innovation, development, and social good. It allows businesses and individuals to contribute to society and gain publicity in return. Our Sponsorship Agreement Template helps you to make this process easy and clear. It ensures that your sponsorship is fair and beneficial for everyone involved. By following this legal framework, you can sponsor a project effectively and successfully. These Sponsorship Agreements are professionally written and designed for one-off events organised by another organisation. They protect the sponsor’s intellectual property rights in its name, logo, trade mark, and other assets. Sponsoring an event can help a business to promote itself. A business can sponsor a sports person or team, a venue, an institution, or its work for an event. The sponsor usually pays a fee to the organiser in exchange for publicity or other benefits. It is wise to have a written agreement to deal with the licensing of the sponsor’s intellectual property, the services that the organiser will provide for the sponsor, the fee payments, the cancellation, and other important issues. These Event Sponsorship Agreement templates are in Microsoft Word format. The sponsor also benefits from the positive association with the sponsored person's image, product, or brand. Our Sponsorship Agreement – Sponsor a Person template is suitable for sponsoring an individual, not a company, an event, a club, or a team. This template covers various types of sponsorship deals, where the sponsor pays a fee in exchange for publicity benefits. For sponsoring a team or event, we suggest our Sponsorship Agreement – Sponsor a Team or Event template. Definitions and Interpretation: This section explains the key terms and phrases used in the agreement. It helps to avoid confusion and ambiguity. Sponsorship: This is the core of the agreement. It describes the sponsorship details, such as the scope and level of the sponsor's commitment to the sponsored person...
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Duration and Termination. This section states how long the agreement will last and how it can be ended.
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Duration and Termination. The Consulting Agreement shall be extended to 31 December 2008 with an early termination provision with either party giving not less than 6 months notice in writing, except that the earliest termination date by the Company is 3I December 2007.
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Related to Duration and Termination

  • Termination or “Terminated” means, for purposes of this Plan with respect to a Participant, that the Participant has for any reason ceased to provide services as an employee, officer, director, consultant, independent contractor or advisor to the Company or a Parent or Subsidiary of the Company. An employee will not be deemed to have ceased to provide services in the case of (i) sick leave, (ii) military leave, or (iii) any other leave of absence approved by the Committee; provided, that such leave is for a period of not more than 90 days, unless reemployment upon the expiration of such leave is guaranteed by contract or statute or unless provided otherwise pursuant to formal policy adopted from time to time by the Company and issued and promulgated to employees in writing. In the case of any employee on an approved leave of absence, the Committee may make such provisions respecting suspension of vesting of the Award while on leave from the employ of the Company or a Parent or Subsidiary of the Company as it may deem appropriate, except that in no event may an Award be exercised after the expiration of the term set forth in the applicable Award Agreement. The Committee will have sole discretion to determine whether a Participant has ceased to provide services and the effective date on which the Participant ceased to provide services (the “Termination Date”).

  • Partial Termination has the meaning set forth in the Section 6.3(a).

  • Optional Termination The termination of the trust created hereunder in connection with the purchase of the Mortgage Loans pursuant to Section 9.01(a) hereof.

  • Termination for Convenience means the termination of the Trade Contract Agreement or the Trade Contractor Work by the Authority without cause and for the convenience of the Authority as decided in its sole discretion.

  • Automatic Termination shall have the meaning set forth in Section 2.3.2.

  • Employment Termination means the effective date of: (i) Executive’s voluntary termination of employment with the Company with Good Reason, or (ii) the termination of Executive’s employment by the Company without Good Cause.

  • Termination After Change in Control means either of the following events occurring within twelve (12) months after a Change in Control:

  • Normal Termination means termination of employment or service with the Company and Affiliates: (i) by the Optionee; (ii) upon retirement; (iii) on account of death or Disability; or (iv) by the Company, a Subsidiary or Affiliate without Cause.

  • Service Termination Date means the last Day in a month upon which Service shall terminate, as set forth in a Schedule of Service and subject to any renewal thereof.

  • Termination of Services means Participant’s Termination of Consultancy, Termination of Directorship or Termination of Employment, as applicable.

  • Anticipatory Termination means a termination of employment where PNC terminates your employment with PNC (other than for Misconduct or Disability) prior to the date on which a Change of Control occurs, and you reasonably demonstrated that such termination of employment (i) was at the request of a third party that has taken steps reasonably calculated to effect a Change of Control or (ii) otherwise arose in connection with or in anticipation of a Change of Control.

  • Termination for Cause means termination because of: (1) Executive's personal dishonesty, willful misconduct, breach of fiduciary duty involving personal profit, intentional failure to perform stated duties, willful violation of any law, rule, regulation (other than traffic violations or similar offenses), final cease and desist order or material breach of any provision of this Agreement which results in a material loss to the Institution or the Holding Company, or (2) Executive's conviction of a crime or act involving moral turpitude or a final judgement rendered against Executive based upon actions of Executive which involve moral turpitude. For the purposes of this Section, no act, or the failure to act, on Executive's part shall be "willful" unless done, or omitted to be done, not in good faith and without reasonable belief that the action or omission was in the best interests of the Institution or its affiliates. Notwithstanding the foregoing, Executive shall not be deemed to have been terminated for Cause unless and until there shall have been delivered to him a Notice of Termination which shall include a copy of a resolution duly adopted by the affirmative vote of not less than three-fourths of the members of the Board at a meeting of the Board called and held for that purpose (after reasonable notice to Executive and an opportunity for him, together with counsel, to be heard before the Board), finding that in the good faith opinion of the Board, Executive was guilty of conduct justifying Termination for Cause and specifying the particulars thereof in detail. The Executive shall not have the right to receive compensation or other benefits for any period after Termination for Cause. During the period beginning on the date of the Notice of Termination for Cause pursuant to Section 8 hereof through the Date of Termination, stock options and related limited rights granted to Executive under any stock option plan shall not be exercisable nor shall any unvested awards granted to Executive under any stock benefit plan of the Institution, the Holding Company or any subsidiary or affiliate thereof, vest. At the Date of Termination, such stock options and related limited rights and any such unvested awards shall become null and void and shall not be exercisable by or delivered to Executive at any time subsequent to such Termination for Cause.

  • Employment Termination Date means, with respect to a Participant, the first day upon which the Participant no longer has an employment or service relationship with the Company or any Related Company.

  • Without Cause Termination or “Terminated Without Cause” means termination of the Executive’s employment by the Company other than due to death, disability, or Termination for Cause.

  • Initial Termination Date has the meaning set forth in Section 9.1(b)(i).

  • Extended Termination Date has the meaning specified in Section 2.16(c).

  • Early Termination Effective Date is defined in Section 4.2 of this Agreement.

  • Termination Assistance Period means the period commencing upon the expiration or termination of this Agreement and each Statement of Work and expiring six (6) months thereafter, as such period may be extended by the Parties.

  • Termination Assistance means the activities to be performed by the Supplier pursuant to the Exit Plan, and any other assistance required by the Customer pursuant to the Termination Assistance Notice;

  • Escrow Termination Date has the meaning ascribed to such term in Section 9.12.

  • Stated Termination Date means, with respect to the Revolving Credit Facility, March 4, 2027 and, with respect to any Extended Revolving Credit Facility, the maturity date set forth in the Extension Agreement related thereto.

  • Final Termination Date means the last date of the final year in which the Applicant is required to Maintain Viable Presence and as further identified in Section 2.3.E of this Agreement.

  • Optional Termination Date Any Distribution Date on or after which the Stated Principal Balance (after giving effect to distributions to be made on such Distribution Date) of the Mortgage Loans is less than 10.00% of the Cut-off Date Balance.

  • Event of Termination has the meaning specified in Section 7.01.

  • Share Termination Settled” in relation to the Transaction means that Share Termination Alternative is applicable to the Transaction.

  • Termination, Moving You may cancel your acceptance of the Agreement with XOOM at any time prior to midnight of the thirtieth (30th) calendar day after the date of the first bill from your utility that includes XOOM charges for gas supply service without penalty or cancellation fee by calling XOOM at 0-000-000-0000 or by sending an email to xxxxxxxxxxxx@xxxxxxxxxx.xxx. When moving to an address within your local utility’s service territory, XOOM will make every effort to transfer your service to your new service address, provided that you notify XOOM within fifteen (15) days of your move. If a transfer of service is not successful or you move to a location outside your local utility’s service territory, you may cancel this Agreement at no cost to you. Failure to notify XOOM of your move will be considered a cancellation of this Agreement in accordance with its terms.