Effect and Termination Clause Samples
The 'Effect and Termination' clause defines when an agreement becomes effective and the circumstances under which it can be ended. Typically, it specifies the start date of the contract, the duration of its validity, and the conditions or events—such as breach, mutual agreement, or completion of obligations—that allow either party to terminate the agreement. This clause ensures both parties understand the timeline of their rights and obligations, and provides a clear mechanism for ending the contractual relationship, thereby reducing uncertainty and potential disputes.
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Effect and Termination. 10.1 This Agreement shall come into effect on and after the date that it is signed and/or stamped by all parties.
10.2 In any of the following circumstances, this Agreement shall be terminated:
10.2.1 where, during the Exercise Period, all parties reach an agreement to terminate this Agreement;
10.2.2 where, during the Exercise Period, Party A notifies the other parties thirty (30) days in advance to terminate this Agreement; in such circumstance, Party A shall not assume any liabilities as arising out of and in relation thereto;
10.2.3 at the expiration of the Exercise Period provided; however, Party A may extend the Exercise Period and this Agreement in its sole discretion; or
10.2.4 upon the unanimous agreement by all parties.
10.3 Section 7 regarding confidentiality and Section 12 regarding indemnification shall survive the termination of this Agreement.
Effect and Termination. 40. This MoU will come into effect on the date it has been signed by all the Participants.
41. Any Participant may terminate this MoU by giving six months’ prior written notice to the other Participants at any time. If the MoU is terminated by a Participant, steps will be taken to ensure that termination does not affect any prior obligation, project or activity already in progress.
42. Termination of this MoU is without prejudice to any obligations regarding cooperation, exchange of information and confidentiality of information between the Participants under the respective applicable laws.
Effect and Termination. This MoU will come into effect on the date it has been signed by both Participants and will continue to have effect until terminated by either of them.
Effect and Termination. 10.1 The Contract takes effect on the date of execution by both Parties and will continue to be valid until terminated by either of the Parties.
10.2 Either party may terminate the contract by giving 30 days prior written notice to the other party.
10.3 In case of termination of the contract, the clients undertakes to pay for services rendered prior to the termination of the contract within 7 days from the receipt of debit note from SHSCL.
Effect and Termination. 7.1. This Agreement will take effect upon its signing and will be valid until the Parties completely fulfil their obligations specified in this Agreement.
7.2. If, when paying for the Service, the Client chooses the Subscription type specified in Section 3.1.2 or 3.1.3, this Agreement will be concluded for a duration of one year, and unless the Client informs Gym Latvija of the termination of this Agreement 30 days before the expiry of this period, the duration of this Agreement will be extended automatically and indefinitely.
7.3. This Agreement may be terminated with mutual written consent of the Parties.
7.4. Gym Latvija is entitled to unilaterally terminate this Agreement, with a notice of 1 day, if the Client: 7.4.1.grossly violates this Agreement;
Effect and Termination. 1. This MMoU comes into effect on the date it has been signed by all Authorities and has effect until terminated by any one of the Authorities. The remaining Authorities may agree to maintain the MMoU by separate confirmation through an exchange of letters.
2. Each Authority may terminate this MMoU at any time by giving thirty (30) calendar days prior written notice to the other Authorities. If the MMoU is terminated by an Authority, steps are taken to ensure that the termination does not affect any prior obligation, project or activity already in progress.
3. Termination of this MMoU does not affect obligations under this MMoU relating to confidentiality of information, which continue to have effect, nor does it affect obligations regarding cooperation and exchange of information between the Authorities under applicable laws.
Effect and Termination. This Agreement shall come into effect after it is signed and stamped by all parries.
Effect and Termination. The Contract shall remain in force until it is terminated by You or Service Provider. Furthermore, the Contract and the license provided thereby shall cease to exist automatically, without a separate legal declaration if You fail to observe the other applicable terms and conditions of the Contract and the license. You must discontinue using the Software and remove every single copy or any part thereof stored by You when the license is terminated.
Effect and Termination. Unless otherwise specified, solar easements are presumed to run with the land and pass on transfer of title, Tenn. Code ▇▇▇. § 66-9-205, meaning this Agreement shall remain in effect from the Effective Date until the Parties or their successors in interest agree to terminate it or Grantee’s use of the solar property is abandoned; and Other means of termination [specify].
Effect and Termination. This agreement shall be valid until Sep 30. 2003. Both parties can extend the term and change conditions by mutual consent. If the obligations as set forth in Articles 2, 3, 4 and 5 shall not be performed, one party may terminate this agreement by providing the other party with it’s written notice of termination prior to ten (10) days.