Renewal of contract definition

Renewal of contract. In accordance with Section 422.506, the contxxxx xx xxnewable annually only if- (1) CMS informs the M+C Organization that it authorizes a renewal; and (2) The M+C Organization has not provided CMS with a notice of intention not to renew. [422.504(C)]
Renewal of contract. In accordance with Section 422.505, followinx xxx xxxxial contract period, this contract is renewable annually only if- (1) The MA Organization has not provided CMS with a notice of intention not to renew; [422.506(A)] (2) CMS and the MA Organization reach agreement on the bid under 42 CFR Part 422, Subpart F; and [422.505(D)] [ ] (3) CMS informs the MA Organization that it authorizes a renewal. [ ] B. Nonrenewal of contract (1) Nonrenewal by the Organization.
Renewal of contract means the extension of the term of the contract beyond the current contract end date.

Examples of Renewal of contract in a sentence

  • Renewal of contract may be considered at the sole discretion of Society/Trust and subject to satisfactory performance.No person employed elsewhere will be allowed to work on instant advertised post after being selected for the contractual engagement.

  • Renewal of contract may be considered at the sole discretion of Society/Trust and subject to satisfactory performance.

  • Renewal of contract is done every two years based on performance appraisal.

  • The Supplier must produce the Service during the agreed-upon Service Hours.

  • Renewal of contract will be subject to the service need of the Department and the performance of the candidate.

  • Renewal of contract shall be solely on the basis of satisfactory annual performance review report, after each year.

  • Further Renewal of contract is to be done yearly maximum for 2 year as decided by MD JSBCL.5) The placement agency has to achieve monthly target (Minimum Guaranteed Revenue) decided by Department of Excise and Prohibition Jharkhand as per Retail Policy-2022.

  • Renewal of contract for next year will be at discretion of Fair Management.

  • Renewal of contract will be in accordance with Local Government Code 271.903 concerning non-appropriation of funds for multi-year contracts.

  • Renewal of contract shall be solely on the basis of satisfactory annual performance review report, after each year.The contract may be extended thereafter based on project need.


More Definitions of Renewal of contract

Renewal of contract means the determination by the Commissioner at the end of a contract term to authorize the continuation of the renaissance school project contract for an additional five-year period.
Renewal of contract. Not less than two months before the expiration of the Agreement term, the City/District will review the CONCESSIONAIRE’s performance and determine if the term should be extended. The criteria used for extension of the Agreement will include but not be limited to quality of service, maintenance of concession site, rates, charges, customer and public input, and safety procedures. Lagoon Inspection and Maintenance: City/District reserves the right of entry upon the premises at all reasonable times for inspection purposes and to do any and all work of any nature necessary for maintenance and operation of the lagoon. CONCESSIONAIRE shall be given reasonable notice when any such work may become necessary and will adjust concession operations in such a manner that City/District may proceed expeditiously. City/District shall coordinate with CONCESSIONAIRE in an attempt to cause a minimum of interference with CONCESSIONAIRE’s activities.
Renewal of contract. The contract may be renewed at the discretion of the CCustomer upon written notice to Contractor at least 14 days prior to each contract anniversary date for a period of however much successive periods under the same or similar prices, terms, and conditions as in the original contract and/or Right to audit. Contractor and CCustomer shall maintain such financial records and other records as may be prescribed by the CCustomer or by applicable federal and state laws, rules, and regulations. Contractor shall retain these records for a period of three years after final payment, or until they are audited by the CCustomer, whichever event occurs first. These records shall be made available during the term of the contract and the subsequent three-year period for examination, transcription, and audit by the State, its designees, or other authorized bodies. Right to inspect documents. The CCustomer may, at reasonable times, inspect the documents of business of a Contractor or any subcontractor which is related to the performance of any contract awarded by the CCustomer. Safety, Consultant agrees to comply with all federal, provincial and territorial occupational health and safety laws, regulations and standards, and all involved parties safety rules of which Consultant will be given notice, regarding the performance of Services under this Agreement. Parties are responsible for immediately reporting accidents, injuries, and unsafe equipment, practices or conditions related to Consultant’s performance of work for Consultee to the Authorized Representatives. Consultee is committed to keeping its workplaces free from hazards. Consultant authorizes Consultee to provide minor first aid to those individuals performing Services on behalf of Consultant hereunder, with the consent of the injured person, for injuries sustained on Consultee’ property and vice versa. If Xxxxxxxxx believes immediate emergency care is necessary for an illness or injury to Consultant’s, Consultant authorizes Consultee to call for ambulance service, and vice versa.

Related to Renewal of contract

  • Extension Agreement means an Extension Agreement, in form and substance reasonably satisfactory to the Administrative Agent, among the Company, the Administrative Agent and one or more Extending Lenders, effecting an Extension Permitted Amendment and such other amendments hereto and to the other Loan Documents as are contemplated by Section 15.1.1.

  • Franchise Agreement or “Agreement” shall mean this Agreement and any amendments or modifications hereto.

  • Framework Agreement means the Clauses of this Framework Agreement together with the Framework Schedules and annexes to it;

  • SCM Agreement means the Agreement on Subsidies and Countervailing Measures in Annex 1A to the WTO Agreement;

  • Auto-Renewal Letter of Credit has the meaning specified in Section 2.03(b)(iii).

  • Renewal means the terms on which the contract of insurance can be renewed on mutual consent with a provision of grace period for treating the renewal continuous for the purpose of gaining credit for pre-existing diseases, time-bound exclusions and for all waiting periods.