Common use of DURATION OF CONTRACT Clause in Contracts

DURATION OF CONTRACT. This contract will become effective as of its conclusion and will be valid fór a limited period of time until 31st of December 2019 and regards the access to the complete and updated content of subscribed products in year 2019. The contract shall nőt be terminated by ordinary notice prior to the expiry of the limited period defined hereunder. Any termination of the contract shall be effected in writing. In case of any material breach of the contract with malice or gross negligence, the other Party may terminate the contract with instant termination. Material breaches of the contract are especially the following: in case of bankruptcy, liquidation or insolvency of any of the Parties- except fór cases specified by related law; in case of defaulting on subscription fees by Subscriber within 90 days subsequent to due payment date despite of any notice in writing; - in case of 30 days long insufficient service of the Provider. Subject to PPA § 143 (3) the Subscriber shall be entitled to and at the same time shall be bound to terminate the contract if any legal person or any organisation having legal capacity under its personal law falling under the provision Iáid down in PPA § 62 (1) k) sub-point kb) acquires directly or indirectly a share exceeding 25% in the Provider, or the Provider acquires directly or indirectly a share exceeding 25% in any legal person or any organisation having legal capacity under its personal law falling under the provision Iáid down in PPA § 62 (1) k) sub-point kb). Subscriber is entitled to rescind the contract under PPA § 79 (4), however if the original position cannot be restored due to the commencement of performance, it may terminate this Agreement with immediate effect. Subscriber is entitled to terminate this Agreement in cases under PPA § 143 (1), and is bound to terminate in case under PPA § 143 (2), or rescind it pursuant to the Civil Code.

Appears in 1 contract

Samples: kereso-core.kozbeszerzes.hu

DURATION OF CONTRACT. This contract will become effective as of o f its conclusion and will be valid fór for a limited period of time until 31st 31th of December 2019 and regards the access to the complete and updated content of subscribed products in year 20192017. The contract shall nőt not be terminated by ordinary ordinaiy notice prior to the expiry of the limited period defined hereunder. Any termination of the contract shall be effected in writingwriting by instant termination with immediate effect. In case of any material breach of the contract with malice or gross negligence, the The other Party may terminate the contract with instant terminationtermination in case of any material breach with malice or gross negligence. Material breaches of o f the contract are especially the following: - in case of bankruptcy, liquidation or insolvency of any of the Parties- except fór for cases specified by related law; - in case of defaulting on subscription fees by Subscriber within 90 days subsequent to due payment date despite of any notice in writing; - - in case of o f 30 days long insufficient service of the Provider. Subject to PPA § 143 (3) the Subscriber shall be entitled to and at the same time shall be bound to terminate the contract if any legal person or any organisation having legal capacity under its personal law falling under the provision Iáid laid down in PPA § 62 (1) k) sub-point kb) acquires directly or indirectly a share exceeding 25% in the Provider, or the Provider acquires directly or indirectly a share exceeding 25% in any legal person or any organisation having legal capacity under its personal law falling under the provision Iáid laid down in PPA § 62 (1) k) sub-point kb). Subscriber is entitled to rescind the contract under PPA § 79 (4), however if the original position cannot be restored due to the commencement of performance, it may terminate this Agreement with immediate effect. Subscriber is entitled to terminate this Agreement in cases under PPA hatállyal felmondani. Előfizető a Kbt. 143. § 143 (1)) bekezdése szerinti esetekben jogosult, and is bound to terminate in case under PPA a Kbt. 143. § 143 (2)) bekezdése esetén köteles a jelen szerződést felmondani, or rescind it pursuant to the Civil Codevagy - a Ptk.-ban foglaltak szerint - a jelen szerződéstől elállni.

Appears in 1 contract

Samples: www.eisz.mtak.hu

DURATION OF CONTRACT. This contract will become effective as The term of its conclusion and will be valid fór a limited period this Agreement shall commence on the date of time signature of this Agreement until 31st of 31, December 2019 2020 and regards the access to the complete and updated content of subscribed products in year 20192020. The contract Agreement shall nőt be terminated by ordinary notice prior to the expiry of the a limited period defined hereunder. Any termination of the contract shall be effected in writing. In case of any material breach of the contract with malice or gross negligence, the other Party may terminate the contract with instant termination. Material breaches of the contract are especially the following: in case of bankruptcy, liquidation or insolvency of any of the Parties- except fór cases specified by related law; in case of defaulting on subscription fees by Subscriber within 90 days subsequent to due payment date despite of any notice in writing; - in case of 30 days long insufficient service of the Provider. Subject to PPA § 143 (3) the Subscriber shall be entitled to and at the same time shall be bound to terminate the contract if any legal person or any organisation having legal capacity under its personal law falling under the provision Iáid down in PPA § 62 (1) k) sub-point kb) acquires directly or indirectly a share exceeding 25% in the Provider, or the Provider acquires directly or indirectly a share exceeding 25% in any legal person or any organisation having legal capacity under its personal law falling under the provision Iáid down in PPA § 62 (1) k) sub-point kb). Subscriber is entitled to rescind the contract under PPA § 79 (4), however if the original position cannot be restored due to the commencement of performance, it may terminate this Agreement with immediate effect. Subscriber is entitled to terminate this Agreement in cases under PPA § 143 (1), and is bound to terminate in case under PPA § 143 (2)esetén köteles a jelen szerződést felmondani, or rescind it pursuant to the Civil Codevagy - a Ptk.-ban foglaltak szerint - a jelen szerződéstől elállni.

Appears in 1 contract

Samples: eisz.mtak.hu

DURATION OF CONTRACT. This contract will become effective as of o f its conclusion and will be valid fór for a limited period of time until 31st 31th of December 2019 and regards the access to the complete and updated content of subscribed products in year 20192017. The contract shall nőt not be terminated by ordinary notice prior to the expiry of o f the limited period defined hereunder. Any termination of the contract shall be effected in writingwriting by instant termination with immediate effect. In case of any material breach of the contract with malice or gross negligence, the The other Party may terminate the contract with instant terminationtermination in case of any material breach with malice or gross negligence. Material breaches of o f the contract are especially the following: - in case of bankruptcy, liquidation or insolvency of any of o f the Parties- except fór for cases specified by related law; - in case of defaulting on subscription fees by Subscriber within 90 days subsequent to due payment date despite of any notice in writing; - - in case of 30 days long insufficient service of the Provider. Subject to PPA § 143 (3) the Subscriber shall be entitled to and at the same time shall be bound to terminate the contract if any legal person or any organisation having legal capacity under its personal law falling under the provision Iáid laid down in PPA § 62 (1) k) sub-point kb) acquires directly or indirectly a share exceeding 25% in the Provider, or the Provider acquires directly or indirectly a share exceeding 25% in any legal person or any organisation having legal capacity under its personal law falling under the provision Iáid laid down in PPA § 62 (1) k) sub-point kb). Subscriber is entitled to rescind the contract under PPA § 79 (4), however if the original position cannot be restored due to the commencement of performanceteljesítés megkezdése miatt az eredeti állapot nem állítható helyre, it may terminate this Agreement with immediate effecta jelen szerződést azonnali hatállyal felmondani. Subscriber is entitled to terminate this Agreement in cases under PPA Előfizető a Kbt. 143. § 143 (1)) bekezdése szerinti esetekben jogosult, and is bound to terminate in case under PPA a Kbt. 143. § 143 (2)) bekezdése esetén köteles a jelen szerződést felmondani, or rescind it pursuant to the Civil Codevagy - a Ptk.-ban foglaltak szerint - a jelen szerződéstől elállni.

Appears in 1 contract

Samples: eisz.mtak.hu