Context and Term Clause Samples

The "Context and Term" clause defines the overall framework and duration of the agreement. It typically outlines the background or purpose of the contract, setting the stage for the parties' relationship, and specifies when the agreement begins and how long it will remain in effect. For example, it may state that the contract starts on a certain date and continues for a fixed period or until a particular event occurs. This clause ensures both parties are clear about the scope and timeline of their obligations, helping to prevent misunderstandings about when the agreement applies and for how long.
Context and Term. Context of this Agreement Compliance with Supplementary Conditions Term of the Agreement Your Organisation’s responsibilities Conduct of the Activity
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Related to Context and Term

  • Agreement and Term This Agreement records the Parties' agreement that:

  • Commencement and Term This Agreement shall commence upon the Effective Date and continue for the Agreement Term.

  • Grant and Term 2.1 In consideration of the payment of the Site Fee, the Owner grants the Principal Occupant a licence to store the Dwelling on the Site subject to the terms of this Agreement. 2.2 This Agreement commences on the Commencement Date and shall continue until the Expiry Date or such earlier date upon which it is terminated in accordance with this Agreement or as specified in the Schedule. 2.3 For the avoidance of doubt, the Owner and the Principal Occupant acknowledge that they each enter into this Agreement based on their common intention that the Site is to be used for storing the Dwelling for the Term and that the use of the Dwelling by the Occupants as permitted by this Agreement shall be for holidaying purposes only and under no circumstances shall any person who has the right to use the Site under this Agreement be or become a resident or a site tenant within the meaning of the Residential Tenancies Act 1997 (Vic).

  • Appointment and Term The Members will be entitled to appoint from time to time persons to serve as the managers (each, a "Manager") on the Board of Managers. Managers will serve until their respective successors are appointed by the Members, as provided under Section 4.11 herein, or until their earlier death, disability, resignation, retirement or removal, pursuant to Section 4.10 herein. Each Manager is hereby designated as a "manager" of the Company within the meaning of Section 18-101(10) of the Act.

  • Employment and Term The Company hereby agrees to employ the Executive and the Executive hereby agrees to serve the Company on the terms and conditions set forth herein.