After the Initial Period Sample Clauses

The 'After the Initial Period' clause defines the terms and conditions that apply once the initial term of an agreement has ended. Typically, this clause outlines whether the contract will automatically renew, continue on a month-to-month basis, or require renegotiation for extension. For example, it may specify notice requirements for termination or changes in pricing after the initial period. Its core function is to provide clarity and structure for the ongoing relationship between the parties after the original commitment period concludes, preventing uncertainty or disputes about what happens next.
After the Initial Period long term placement Subject to clause 5.5 and after the Initial Period has lapsed, any Party may end the Placement by giving twenty eight (28) days’ notice or on such date as agreed by all of the Parties. During the notice period the Council and if relevant the Person and Third Party will continue to be liable for their financial contribution. The Care Home Provider agrees that the departure of the Person from the Care Home will be conditional on the Council securing suitable arrangements for the future care of the Person unless clauses 5.9 or
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After the Initial Period. After the Initial Period, there shall at all times be 10 (ten) Trustees on the board of Trustees.
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After the Initial Period termination in the event of a breach 27.1 You may terminate the Contract upon written notice (immediately) at any time in any of the following circumstances: 27.1.1 the Home ceases to be registered with the Care Quality Commission as a care home for the elderly; 27.1.2 we are in breach of our statutory duty to you; or 27.1.3 we are in fundamental breach of the terms of this Contract and such breach continues for at least 30 days; and 27.2 We may terminate the Contract upon seven days written notice at any time in the following circumstances: 27.2.1 the Fee remains unpaid for a period of more than 30 days; 27.2.2 you frequently fail to pay the Fee in full and/or on time; 27.2.3 you have been absent from the Home for a period at least six weeks and, following consultation, we agree it will not be possible or appropriate for you to resume your stay at the Home; 27.2.4 we reasonably believe that your behaviour is such that you present a significant risk of serious harm to other residents’ health their well-being or the safe management or running of the Home and despite our reasonable endeavours to discuss these concerns with you, this has not improved to our reasonable satisfaction; or 27.2.5 either all or part of the Home is forced to close either permanently or temporarily for a period in excess of six months due to circumstances outside our reasonable control, such as war, civil disorder, industrial action, fire, flood or any severely adverse weather conditions. 27.3 Termination of this Agreement, in whatever way it occurs, shall not affect rights and obligations that arise out of anything done or omitted before termination or in respect of the period prior to such termination and any outstanding Fees due and payable to us, together with any interest due and arising thereon, shall continue to be payable by the relevant payers under this Agreement. 27.4 In the event of your death: 27.4.1 this Agreement shall automatically terminate, except for terms that are intended to continue afterwards; 27.4.2 any outstanding Fees due and payable by you to us, together with any interest due thereon, shall be charged to your estate; 27.4.3 any sums due to us from your Representative will continue to be payable; and 27.4.4 we will not charge any Fees from the date of death. 27.5 If we hold any cash for you if you die, or if you are due a refund in respect of any care fees paid in advance, we shall pay such refund to your bank account (within 28 days) if it is still then op...
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After the Initial Period. (i) If there is a vacancy in respect of two or more Directors in the period falling between annual general meetings, then the Directors shall forthwith convene a special general meeting in accordance with the Act and these Bye-laws, such meeting to be held within three months of the date on which the second vacancy occurred; provided that no such special general meeting shall be convened if the second vacancy occurs within the period falling three months before the next successive annual general meeting; (ii) The purpose of the special general meeting shall be the re-election of the Supervisory Board; (iii) At such special general meeting, all Directors shall retire from office but be eligible for re-election, together with any other persons nominated by a Member or Members holding not less than one-twentieth of the issued voting shares of the Company, details of such nominations to be given to the Members in accordance with Bye-law 26 at least five Clear Days in advance of the date of such special general meeting; and (iv) A vacancy in respect of one Director shall remain open and unfilled until the next successive annual general meeting, unless otherwise provided in this Bye-law
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After the Initial Period the Offer Price shall be calculated and announced by the Management Company on the following basis: The Offer Price shall be equal to the sum of: (a) The Net Assets of the Fund as valued according to 7.1 above; (b) Any Front-end Load; (c) Such amount as the Management Company may consider an appropriate provision for Duties and Charges; (d) Such amount as the Management Company may consider an appropriate provision for Transaction Costs. (e) The resulting sum will be divided by the number of Units outstanding in the Fund and the resulting value shall be adjusted to the nearest Paisa. (f) The cut off timing for receiving application forms is as follows: Day Time Monday to Friday 09:00 am to 05:00 pm (g) All forms shall be received at the registered address of the Management Company or at the authorized branch of the Management Company or the Authorized Branches of the Distributors during the above mentioned time. Updated list of the addresses of the Management Company and authorized branches of the Management Company and Authorized Branches of the Distributors is disclosed in the Offering Document. 11. Amendment of sub-clause 7.2.4
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After the Initial Period the Redemption Price shall be equal to the Net Asset Value as of the close of the Business Day, less: (a) any Back-end Load; and (b) such amount as the Management Company may consider an appropriate provision for Duties and Charges; and (c) such amount as the Management Company may consider an appropriate provision for Transaction Costs; such amount to be adjusted downwards to the nearest paisa.
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After the Initial Period the Redemption Price shall be equal to the Net Assets of the Fund as calculated according to section 7.1 above, less: (a) Any Deferred Sales Load; (b) Any taxes imposed by the Government; (c) Such amount as the Management Company may consider an appropriate provision for Duties and Charges; (d) Such amount as the Management Company may consider an appropriate provision for Transaction Costs; (e) The resulting sum will be divided by the number of Units outstanding in the Fund and the resulting value shall be adjusted to the nearest Paisa (f) The cut off timing for receiving application forms is as follows. (g) All forms shall be received at the registered address of the Management Company or at the authorized branch of the Management Company or the Authorized Branches of the Distributor during the above mentioned time. Updated list of the addresses of the Management Company and authorized branches of the Management Company and the Authorized Branches of the Distributors is disclosed in the Offering Document. 13. Amendment of Sub-clauses 7.3.4 and 7.3.
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After the Initial Period the Offer Price shall be determined from time to time pursuant to sub-clause 9.2 of this Deed and the Regulations.”
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Related to After the Initial Period

  • Tax Periods Beginning Before and Ending After the Closing Date The Company or the Purchaser shall prepare or cause to be prepared and file or cause to be filed any Returns of the Company for Tax periods that begin before the Closing Date and end after the Closing Date. To the extent such Taxes are not fully reserved for in the Company’s financial statements, the Sellers shall pay to the Company an amount equal to the unreserved portion of such Taxes that relates to the portion of the Tax period ending on the Closing Date. Such payment, if any, shall be paid by the Sellers within fifteen (15) days after receipt of written notice from the Company or the Purchaser that such Taxes were paid by the Company or the Purchaser for a period beginning prior to the Closing Date. For purposes of this Section, in the case of any Taxes that are imposed on a periodic basis and are payable for a Taxable period that includes (but does not end on) the Closing Date, the portion of such Tax that relates to the portion of such Tax period ending on the Closing Date shall (i) in the case of any Taxes other than Taxes based upon or related to income or receipts, be deemed to be the amount of such Tax for the entire Tax period multiplied by a fraction the numerator of which is the number of days in the Tax period ending on the Closing Date and the denominator of which is the number of days in the entire Tax period (the “Pro Rata Amount”), and (ii) in the case of any Tax based upon or related to income or receipts, be deemed equal to the amount that would be payable if the relevant Tax period ended on the Closing Date. The Sellers shall pay to the Company with the payment of any taxes due hereunder, the Sellers’ Pro Rata Amount of the costs and expenses incurred by the Purchaser or the Company in the preparation and filing of the Tax Returns. Any net operating losses or credits relating to a Tax period that begins before and ends after the Closing Date shall be taken into account as though the relevant Tax period ended on the Closing Date. All determinations necessary to give effect to the foregoing allocations shall be made in a reasonable manner as agreed to by the parties.

  • Transition Period Due to the nature of our purchasing process, the District often requires an existing service provider to continue to provide goods and/or services while the District is in the process of advertising, evaluating, and awarding a contract for the provision of the same goods and/or services in the future. To accommodate this process, the Contractor shall agree to maintain the same terms and conditions set forth in this Agreement for a period up to ninety (90) days after the automatic termination of this Agreement at the end of its term, if requested by the District, as a transition period. In addition, if the Contractor is not the successful bidder for a future solicitation for the same or similar services, he or she shall agree to provide the same goods and/or services provided in this Agreement for a period up to ninety (90) days to allow for an orderly transition to the new provider. The District and the Contractor may mutually agree to a longer transition period.

  • Interim Period (a) During the period commencing on the date of this Agreement and ending with the earlier to occur of the Closing Date or the termination of this Agreement in accordance with its terms, the Company agrees that it will, except as set forth on Schedule 3.3(a): (i) carry on its respective businesses in substantially the same manner as it has heretofore and not introduce any material new method of management, operation or accounting; (ii) maintain its respective properties and facilities, including those held under leases, in as good working order and condition as at present, ordinary wear and tear excepted; (iii) perform all of its respective obligations under agreements relating to or affecting its respective assets, properties, or rights; (iv) keep in full force and effect present insurance policies or other comparable insurance coverage; (v) use its best efforts to maintain and preserve its business organization intact, retain its respective present key employees, and maintain its respective relationships with suppliers, customers, and others having business relations with it; (vi) maintain compliance with all permits laws, rules and regulations, consent orders, and all other orders of applicable courts, regulatory agencies, and similar governmental authorities; (vii) maintain present debt and lease instruments and not enter into new or amended debt or lease instruments; and (viii) maintain present salaries and commission levels for all officers, directors, employees and agents. (b) During the period commencing on the date of this Agreement and ending with the earlier to occur of the Closing Date or the termination of this Agreement in accordance with its terms, the Company agrees that it will not, except as set forth on Schedule 3.3(b): (i) make any change in its Certificate or Articles of Incorporation or Bylaws; (ii) issue any securities, options, warrants, calls, conversion rights or commitments relating to its securities of any kind; (iii) declare or pay any dividend, or make any distribution in respect of its stock whether now or hereafter outstanding, or purchase, redeem or otherwise acquire or retire for value any shares of its stock or declare any dividends or make any distributions (other than S Corporation distributions), nor pay out any extraordinary bonuses in excess of pro rata bonuses customarily paid, or fees, or commissions to the Shareholders, directors, management or other personnel; (iv) sell, assign, lease, or otherwise transfer or dispose of any property or equipment except in the normal course of business; (v) negotiate for the acquisition of any business or the start-up of any new business; (vi) merge or consolidate or agree to merge or consolidate with or into any other corporation; (vii) waive any material rights or claims; (viii) commit a material breach of or amend or terminate any material agreement or Permit; (ix) enter into any other transaction outside the ordinary course of its business consistent with past business practice or prohibited hereunder; or (x) change its accounts receivable collection practice or factor its accounts receivable in any way.

  • Follow-up Follow up initial solicitations of interest by contacting the SBEs to determine with certainty whether the enterprises are interested in performing specific items involved in work.

  • Allocations During the Early Amortization Period During the Early Amortization Period, an amount equal to the product of (A) the Principal Allocation Percentage and (B) the Series 1997-1 Allocation Percentage and (C) the aggregate amount of Collections of Principal Receivables deposited in the Collection Account on such Deposit Date, shall be allocated to the Series 1997-1 Certificateholders and retained in the Collection Account until applied as provided herein; provided, however, that after the date on which an amount of such Collections equal to the Adjusted Invested Amount has been deposited into the Collection Account and allocated to the Series 1997-1 Certificateholders, such amount shall be first, if any other Principal Sharing Series is outstanding and in its amortization period or accumulation period, retained in the Collection Account for application, to the extent necessary, as Shared Principal Collections on the related Distribution Date, and second paid to the Holders of the Transferor Certificates only if the Transferor Amount on such date is greater than the Required Transferor Amount (after giving effect to all Principal Receivables transferred to the Trust on such day) and otherwise shall be deposited in the Special Funding Account.