DURATION AND TERMS Sample Clauses
The 'Duration and Terms' clause defines the length of time an agreement will remain in effect and outlines the specific conditions governing the contractual relationship. Typically, it specifies the start and end dates of the contract, any renewal or extension provisions, and the circumstances under which the agreement may be terminated early. This clause ensures both parties are clear on how long their obligations last and under what terms, thereby preventing misunderstandings and providing a framework for managing the contractual timeline.
DURATION AND TERMS. The Escrow Property shall be held and disbursed by the Indemnity Escrow Agent in accordance with the terms of an Indemnity Escrow Agreement substantially in the form attached hereto as Annex III. The Indemnity Escrow Agent shall hold the Escrow Property pursuant to the Indemnity Escrow Agreement until the later of: (a) the first anniversary of the Merger Effective Date; and (b) the resolution of any claim for indemnification or payment that is pending on the first anniversary of the Merger Effective Date, but only to the extent of the amount of such pending claim.
DURATION AND TERMS.
27.01 This Agreement shall become effective the 1st day of May, 2014 and shall continue in effect up to and including the 31st day of December 2016
27.02 Either Party desiring to renew or amend this Agreement may give notice in writing of its intention during the last ninety (90) days of its operations. Welder 2 $ 22.85 $ 23.19 $ 23.66 $ 24.13 Welder 1 $ 21.85 $ 22.18 $ 22.62 $ 23.07 Weld Prep $ 19.78 $ 20.08 $ 20.48 $ 20.89 Painter $ 19.19 $ 19.48 $ 19.87 $ 20.26 Core Assembly $ 18.87 $ 19.15 $ 19.54 $ 19.93 CNC Operator $ 21.85 $ 22.18 $ 22.62 $ 23.07 Break Press $ 19.78 $ 20.08 $ 20.48 $ 20.89 Assembler $ 18.87 $ 19.15 $ 19.54 $ 19.93 Health & Welfare Trust Increase monthly contribution to $70 (total $840 per year) retroactive to May 1, 2014 Company appointed Lead Hands shall be paid a premium of $1.10 per hour.
DURATION AND TERMS. 6.1. The agreement becomes valid from the moment of its signing by the Parties.
6.2. The agreement is valid during an unlimited period of time.
6.3. The agreement can be terminated by the Board decision, but not earlier then the end of the project Copeter (May 15, 2004).
DURATION AND TERMS. 7 4.3 Indemnity Escrow Voting and Investment..........................................................8 5. CLOSING..................................................................................................8 5.1 Location and Date...............................................................................8 5.2 Effect..........................................................................................8
DURATION AND TERMS. The Escrow Property shall be held and disbursed by the Escrow Agent in accordance with the terms of an Escrow Agreement substantially in the form attached hereto as Exhibit A. The Escrow Agent shall hold the Escrow Property pursuant to the Escrow Agreement until the later of the (a) fifth anniversary of the date of the Escrow Agreement (the "Escrow Termination Date"); and (b) the resolution of any claim for indemnification or payment that is pending after the Escrow Termination Date, but only to the extent of the amount of such pending claim and only to the extent such claim may be satisfied out of the Escrow Property pursuant to the Escrow Agreement.
DURATION AND TERMS. The Escrow Property shall be held and disbursed by the Indemnity Escrow Agent in accordance with the terms of an Indemnity Escrow Agreement substantially in the form attached hereto as Annex III. The Indemnity Escrow Agent shall hold the Escrow Property pursuant to the Indemnity Escrow Agreement until the later of: (a) the first anniversary of the Merger Effective Date; or (b) the resolution of any claim for indemnification or payment that is pending on the first anniversary of the Merger Effective Date, but only to the extent of the amount of such pending claim; provided, however, that the Indemnity Escrow Agent shall hold the Additional Escrow Property pursuant to the Indemnity Escrow Agreement until the earlier of: (a) such time as the limitations period has run for all tax periods ended on or prior to the Merger Effective Date; or (b) a final and conclusive Closing Agreement has been entered into with the Internal Revenue Service with respect to all tax periods ended on or prior to the Merger Effective Date.
DURATION AND TERMS. The Escrow Property shall be held and disbursed by the Indemnity Escrow Agent in accordance with the terms of an Indemnity Escrow Agreement substantially in the form attached hereto as Annex IV. Any claim pursuant to Section 10 herein shall be first recovered from the Indemnity Escrow. The Indemnity Escrow Agent shall hold the Escrow Property pursuant to the Indemnity Escrow Agreement until the later of: (a) November 30, 2001; and (b) the resolution of any claim for indemnification or payment that is pending on November 30, 2001, but only to the extent of the amount of such pending claim; provided, however, the Indemnity Escrow Agent shall disburse to the Stockholders on the First Anniversary Date (the "First Anniversary Escrow Disbursement") a portion of the Escrow Property equal to $10,000,000 plus interest thereon (after deducting the applicable dollar amounts under clauses (i) and (ii) for purposes of calculating such interest) through such date, minus (i) the Disputed Amounts as of the First Anniversary Date, (ii) the amounts of any claims of UniCapital or its officers, stockholders, directors, divisions, subdivisions, affiliates, subsidiaries, parents, agents, employees, successors and assigns (collectively, the "Affiliates") under Sections 10.1 and 10.2, which as of the First Anniversary Date are unpaid or unresolved, and (iii) the amounts, if any, theretofore disbursed from the escrow. In the event the First Anniversary Escrow Disbursement is made, it shall be comprised of 50% in cash and 50% in UniCapital Stock, with such stock valued at the average of the closing prices per share of UniCapital Stock as reported by the New York Stock Exchange for the 10 trading days ending on and including the third trading day prior to the First Anniversary Date.
DURATION AND TERMS. Service fee €0.20/kWhr (Units) Access fee (1) 16 Amp €5.95/Month 32 Amp €12.00/Month Cash guarantee €100.00 Contract fee €50.00/One time charge Reconnection/Reactivation fee €25.00 RFid card charge (2) €50.00
(1) Charged on the first day of every month or part thereof
(2) If RFid is lost, missing or damaged
(3) All prices Incl. VAT This contract has a term of 12 months from the to the . It shall be extended by a further equivalent period, unless either party terminate with effect from the end of the current contract period as regulated in clause 8 of this agreement. Billing is processed on a monthly basis, by the second week following the end of the month that is to be billed. When signing this contract you are accepting the above rates and that any unpaid balances due on your account will be deducted from the above mentioned guarantee on contract. If on termination all balances due to Agent would have been settled, either by deduction from the guarantee or otherwise, the balance of the guarantee amount after deduction shall be refunded. Payment can be done as follows; Through direct payment on your EV Account using a credit or debit card In cash or cheque at Solar Solutions Ltd. Transfer to the following bank account; o Account Name: Solar Solutions Ltd. o Bank : HSBC o Account : 075104224001 o IBAN : MT79 MMEB 4475 0000 0000 7510 4224 004 o SWIFT: ▇▇▇▇▇▇▇▇ Whichever option is used you have a 30 day time frame from billing date to settle your account, including any outstanding amounts that might exist. If not settled the RFid shall be blocked and will only be reactivated at the above charges. The reactivation of the RFid will have to be done at Agent’s retail outlet. Furthermore, you are accepting that Agent shall charge interest at the maximum rate allowable at law, which interest will have to be paid for prior to reactivation of the RFid. Agent will not be held liable for charges to the customer’s account for lost or missing RFid cards used at charging points, unless: The customer informs Agent in writing and delivered by hand on form EVMALTA002 (a copy of which is attached to this agreement) in order to disconnect the lost or missing RFid card. Deactivating an RFid card takes 24hrs during normal office hours.
DURATION AND TERMS. The Indemnity Escrow Property shall be held and disbursed by the Escrow Agent in accordance with the terms of an Indemnity Escrow Agreement substantially in the form attached hereto as ANNEX II. The Escrow Agent shall hold the Cash Security pursuant to the Escrow Agreement until the later of: (a) 6 months after the Merger Effective Date; and (b) the resolution of any claim for indemnification or payment that is pending 6 months after the Merger Effective Date, but only to the extent of the recoverable amount of such pending claim. The Escrow Agent shall hold the Indemnity Escrow Shares pursuant to the Escrow Agreement until the later of: (a) 18 months after the Merger Effective Date; and (b) the resolution of any claim for indemnification or payment that is pending 18 months after the Merger Effective Date, but only to the extent of the amount of such pending claim.
DURATION AND TERMS. This Agreement and Lease shall be in effect from the day of , , at 12:00 a.m. (midnight) until the day of , , at 11:59 p.m. in consideration of rental in the amount of