Duration and Extension Sample Clauses

Duration and Extension. This Addendum to the Agreement will remain in effect for currently open disaster declarations and subsequent disaster declarations in the state of Colorado; however, the Addendum will not exceed the expiration date of the Agreement.

Duration and Extension. This Agreement shall remain in force for a period of 10 years and shall be extended for consecutive periods of five years, unless a Party renounces the extension by notifying to the other Party in writing at least one year before the expiration of the Agreement.

Duration and Extension. The Contract takes effect from the Start Date (the "Effective Date") specified in the article 1.ORDER of the Purchase Order.

Duration and Extension. 1. This Agreement shall remain in effect from the date of execution for a period not to exceed seven (7) years, unless otherwise extended pursuant to Stipulation VI.C. 2. The Agreement shall remain in effect for any ▇▇▇▇▇▇▇▇ Act major disaster or emergency declarations made before its expiration in order to insure the uninterrupted provision of assistance appropriately authorized under the ▇▇▇▇▇▇▇▇ Act.

Duration and Extension. 1. This Agreement shall remain in effect from the date of execution for a period not to exceed five (5) years unless otherwise extended pursuant to Stipulation IV.D.2 below or terminated pursuant to Stipulation IV.C.2 or IV.C.4, Severability and Termination. The Agreement shall remain in effect for Declarations made prior to expiration of the Agreement in order to minimize delays in delivery of FEMA assistance. 2. The Signatories may collectively agree to extend this Agreement to cover additional calendar years, or portions thereof, through an amendment per Stipulation IV.A., provided that the original Agreement has not expired.

Duration and Extension. This Addendum to the Agreement will remain in effect for currently open disaster declarations and subsequent disaster declarations in the state of Oklahoma; however, the Addendum will not exceed the expiration date of the Agreement. Signatories may collectively agree to extend this Addendum to cover additional calendar years provided that the Agreement is also extended.

Duration and Extension. 1. This Contract has a duration of years/months starting from the date when it was entered into and can be extended before its expiry, by mail exchange between the Parties, in order to conclude the activities still in progress

Duration and Extension. This MOU shall become effective upon signing by both parties. No provision of this MOU shall have retroactive application unless required by law. This MOU expires at 11:59 p.m. on June 30, 2021. The parties shall ensure that their respective ratification processes are completed as promptly as possible after the conclusion of negotiations. Should either party desire to negotiate a successor MOU, they may only do so by providing written notification of its intent to do so to the other party at any time prior to the last twelve (12) month period of its duration. After notification is provided, the parties shall then commence negotiations for a successor MOU, during the last year of this MOU at dates and times agreed to by the parties.

Duration and Extension. The Liquidating Trust shall be dissolved at the earlier of (even if the Liquidating Trust Beneficiaries have not been paid in full) (i) all of the Liquidating Trust Assets having been distributed pursuant to the Plan and this Agreement, (ii) the Liquidating Trustee determining, in his reasonable business judgment, and with the consent of the Liquidating Trust Advisory Board, that the administration of the Liquidating Trust Assets is not likely to yield sufficient additional proceeds to justify further pursuit, or (iii) all distributions required to be made by the Liquidating Trustee under the Plan and this Agreement having been made; provided, however, that in no event shall the Liquidating Trust be dissolved later than three (3) years from the Effective Date unless the Bankruptcy Court, upon motion by a party-in interest within the three (3) months prior to the third (3rd) anniversary (or at least three (3) months prior to the end of an extension period), determines that a fixed-period extension is necessary to facilitate or complete the recovery and liquidation of the Liquidating Trust Assets. Notwithstanding the foregoing, multiple extensions can be obtained so long as Bankruptcy Court approval is obtained at least three (3) months prior to the expiration of each extended term; provided, however, that the Liquidating Trustee receives an opinion of counsel or a favorable ruling from the Internal Revenue Service that any further extension would not adversely affect the status of the Liquidating Trust as a grantor trust for federal income tax purposes.