DURATION/TERM AND CANCELLATION. 6.1 Notwithstanding the date of signature hereof, the Commencement Date if this Agreement is ………… and the duration shall be for a ………… […………] year period, expiring on …………, unless:
a) this Agreement is terminated by either Party in accordance with the provisions incorporated herein or in any schedules or annexures appended hereto, or otherwise in accordance with law or equity; or
b) this Agreement is extended at Transnet’s option for a further period to be agreed by the Parties.
6.2 Notwithstanding clause 22 [Breach and Termination], either Party may cancel this Agreement without cause by giving 30 [thirty] calendar days prior written notice thereof to the other Party, provided that in such instance, this Agreement will nevertheless be applicable in respect of all Purchase Orders which have been placed prior to the date of such cancellation.
DURATION/TERM AND CANCELLATION. 6.1 Notwithstanding the date of signature hereof, the Commencement Date if this Agreement is … ……… and the duration shall be a once off, unless:
a) this Agreement is terminated by either Party in accordance with the provisions incorporated herein or in any schedules or annexures appended hereto, or otherwise in accordance with law or equity; or
b) this Agreement is extended at Transnet’s option for a further period to be agreed by the Parties.
6.2 Notwithstanding clause 21 [Breach and Termination], either Party may cancel this Agreement without cause by giving 30 [thirty] calendar days prior written notice thereof to the other Party, provided that in such instance, this Agreement will nevertheless be applicable in respect of all Purchase Orders which have been placed prior to the date of such cancellation.
DURATION/TERM AND CANCELLATION. 6.1 Notwithstanding the date of signature hereof, the Commencement Date of this Agreement is June 2021 and the duration shall be for a two [2] year period, expiring on June 2023, unless:
a) this Agreement is terminated by either Party in accordance with the provisions incorporated herein or in any schedules or annexures appended hereto, or otherwise in accordance with law or equity; or
b) this Agreement is extended at Transnet’s option for a further period to be agreed by the Parties.
6.2 Notwithstanding clause 2 [Breach and Termination], either Party may cancel this Agreement without cause by giving 30 [thirty] calendar days prior written notice thereof to the other Party, provided that in such instance, this Agreement will nevertheless be applicable in respect of all Purchase Orders which have been placed prior to the date of such cancellation.
DURATION/TERM AND CANCELLATION. 6.1 Notwithstanding the date of signature hereof, the Commencement Date if this Agreement is for once off purchase unless:
a) this Agreement is terminated by either Party in accordance with the provisions incorporated herein or in any schedules or annexures appended hereto, or otherwise in accordance with law or equity; or
b) this Agreement is extended at Transnet’s option for a further period to be agreed by the Parties.
6.2 Notwithstanding clause 21 [Breach and Termination], either Party may cancel this Agreement without cause by giving 30 [thirty] calendar days prior written notice thereof to the other Party, provided that in such instance, this Agreement will nevertheless be applicable in respect of all Purchase Orders which have been placed prior to the date of such cancellation.
DURATION/TERM AND CANCELLATION. 6.1 Notwithstanding the date of signature hereof, the Commencement Date if this Agreement is ………… and the duration shall be for a one-off period, expiring on last day of the lead-time period offered by the bidder, unless:
a) this Agreement is terminated by either Party in accordance with the provisions incorporated herein or in any schedules or annexures appended hereto, or otherwise in accordance with law or equity; or
b) this Agreement is extended at Transnet’s option for a further period to be agreed by the Parties.
6.2 Notwithstanding clause 239 [Breach and Termination], either Party may cancel this Agreement without cause by giving 30 [thirty] calendar days prior written notice thereof to the other Party, provided that in such instance, this Agreement will nevertheless be applicable in respect of all Purchase Orders which have been placed prior to the date of such cancellation.
DURATION/TERM AND CANCELLATION. 6.1 Notwithstanding the date of signature hereof, the Commencement Date of this Agreement is 01 January 2021 and the duration shall be for a thirty six (36) months period, expiring on 31 December 2024, unless:
a) this Agreement is terminated by either Party in accordance with the provisions incorporated herein or in any schedules or annexures appended hereto, or otherwise in accordance with law or equity; or
b) this Agreement is extended at Transnet’s option for a further period to be agreed by the Parties.
6.2 Notwithstanding clause 22 [Breach and Termination], either Party may cancel this Agreement without cause by giving 30 [thirty] calendar days prior written notice thereof to the other Party, provided that in such instance, this Agreement will nevertheless be applicable in respect of all Purchase Orders which have been placed prior to the date of such cancellation.
DURATION/TERM AND CANCELLATION. 6.1 Notwithstanding the date of signature hereof, the Commencement Date if this Agreement is and the duration shall be for a [ ] year period, expiring on , unless:
a) this Agreement is terminated by either Party in accordance with the provisions incorporated herein or in any schedules or annexures appended hereto, or otherwise in accordance with law or equity; or
DURATION/TERM AND CANCELLATION. 6.1 Notwithstanding the date of signature hereof, the Commencement Date if this Agreement is longer and the duration shall be for a Three (3) year period, expiring after Three years, unless:
a) this Agreement is terminated by either Party in accordance with the provisions incorporated herein or in any schedules or annexures appended hereto, or otherwise in accordance with law or equity; or
b) It shall terminate on the date the funds are depleted or on whichever event that comes first between the expiry date and the date in which the funds are depleted.
c) this Agreement is extended at Transnet’s option for a further period to be agreed by the Parties.
6.2 Notwithstanding clause 22 [Breach and Termination], either Party may cancel this Agreement without cause by giving 30 [thirty] calendar days prior written notice thereof to the other Party, provided that in such instance, this Agreement will nevertheless be applicable in respect of all Purchase Orders which have been placed prior to the date of such cancellation.
DURATION/TERM AND CANCELLATION. 6.1 Notwithstanding the date of signature hereof, the Commencement Date if this Agreement is ………… and the duration shall be for a ………… […………] year period, expiring on , unless:
a) this Agreement is terminated by either Party in accordance with the provisions incorporated herein or in any schedules or annexures appended hereto, or otherwise in accordance with law or equity; or
b) this Agreement is extended at Transnet’s option for a further period to be agreed by the Parties.
c) this Agreement shall terminate on the date the funds are depleted or on whichever event that comes first between the expiry date and the date in which the funds are depleted
6.2 Notwithstanding clause 200 [Breach and Termination], either Party may cancel this Agreement without cause by giving 14 [fourteen] calendar days prior written notice thereof to the other Party, provided that in such instance, this Agreement will nevertheless be applicable in respect of all Purchase Orders which have been placed prior to the date of such cancellation.
DURATION/TERM AND CANCELLATION. 6.1 Notwithstanding the date of signature hereof, the Commencement Date if this Agreement is ………… and the duration shall be for a ………… […………] year period, expiring on , unless:
a) this Agreement is terminated by either Party in accordance with the provisions incorporated herein or in any schedules or annexures appended hereto, or otherwise in accordance with law or equity; or
b) this Agreement shall terminate automatically on the date of depletion of funds allocated to the project. In the event of such termination, the Parties shall incur no further obligation or liability under this Agreement other than for payment of services rendered prior to the expiration of funds; or
c) this Agreement is extended at Transnet’s option for a further period to be agreed by the Parties.
6.2 Notwithstanding clause 23 [Breach and Termination], either Party may cancel this Agreement without cause by giving 30 [thirty] calendar days prior written notice thereof to the other Party, provided that in such instance, this Agreement will nevertheless be applicable in respect of all Purchase Orders which have been placed prior to the date of such cancellation.
