DURATION OF FRAMEWORK AGREEMENT Clause Samples

The 'Duration of Framework Agreement' clause defines the period during which the agreement remains in effect between the parties. It typically specifies a fixed start and end date, or outlines conditions under which the agreement may be extended or terminated early. This clause ensures both parties are clear on the timeframe for their obligations and helps prevent misunderstandings about when the agreement's terms apply or expire.
DURATION OF FRAMEWORK AGREEMENT. This Framework Agreement shall come into force and effect upon its execution and shall continue in force and effect until the earlier of (i) the Framework Agreement End Date; or (ii) the termination by either Party upon notice to the other Party, immediately effective upon the receipt of such notice, provided, however, that the provisions of this Framework Agreement shall survive in respect of any executed GTA for such period and to the extent necessary for the performance of any obligation under such GTA and for no other purpose. Validity of the Framework Agreement may be extended by the mutual agreement of the Parties.
DURATION OF FRAMEWORK AGREEMENT. The Framework Agreement shall run from the date of its signing by the Central Government Authority and the respective contractors up to two (2) years from this date. The Central Government Authority and Contracting Authority reserve the right to extend the Framework Agreement by a further period of one (1) year subject to agreement between the Central Government Authority and the contractor/s.
DURATION OF FRAMEWORK AGREEMENT. This agreement shall be made for a definite period from xx/xx/xxxx and expires on xx/xx/xxxx. If it is needed the agreement can be extended.
DURATION OF FRAMEWORK AGREEMENT. 3.1 Subject to Clause 3.2 below, this Framework Agreement shall come into force on the Commencement Date and shall continue in force thereafter for a period of two (2) years, this period being referred to as the „Initial Term‟, unless terminated earlier in accordance with the terms of this Framework Agreement. 3.2 The Customer shall have the option, at any time during the term of this Framework Agreement, to extend the term of this Framework Agreement by a period of up to two
DURATION OF FRAMEWORK AGREEMENT. FRAMEWORK PERIOD

Related to DURATION OF FRAMEWORK AGREEMENT

  • SCOPE OF FRAMEWORK AGREEMENT 3.1 This Framework Agreement governs the relationship between the Authority and the Supplier in respect of the provision of the Services by the Supplier to the Authority and to Other Contracting Bodies.

  • DURATION OF AGREEMENT All agreements and obligations of the Company contained herein shall continue during the period Indemnitee serves as a director or officer of the Company or as a director, officer, trustee, partner, manager, managing member, fiduciary, employee or agent of any other corporation, partnership, joint venture, trust, employee benefit plan or other Enterprise which Indemnitee serves at the request of the Company and shall continue thereafter so long as Indemnitee shall be subject to any possible Proceeding (including any rights of appeal thereto and any Proceeding commenced by Indemnitee pursuant to Section 14 of this Agreement) by reason of Indemnitee’s Corporate Status, whether or not Indemnitee is acting in any such capacity at the time any liability or expense is incurred for which indemnification or advancement can be provided under this Agreement.

  • Terms of Agreement In consideration of the mutual representations, warranties, covenants and agreements contained herein, the parties hereto agree as follows: