Effective Date and Initial Term Clause Samples

Effective Date and Initial Term. The Contract begins on ________________________________ and shall run for an initial term of twenty (20) years.

Effective Date and Initial Term. This Agreement will be effective on the first business day after it has been executed by: (a) Municipal Parties representing at least seventy-five percent (75%) of the population of Broward County; and (b) County (“Effective Date”). This Agreement begins on the Effective Date and continues for a period that ends forty (40) years after the Effective Date (“Initial Term”). Subject to Articles 3 and 17, no Party may terminate or otherwise withdraw from this Agreement during the Initial Term.

Effective Date and Initial Term. The HAP Contract begins on and shall run for an initial term of twenty (20) years.

Effective Date and Initial Term. This Agreement shall become effective on the Contract Date, and shall continue in effect for 10 years following the Commencement Date (the period from the Contract Date to the tenth anniversary of the Commencement Date constituting the “Initial Term”) or, if renewed as provided in Section 3.2, until the last day of the renewal term (the “Renewal Term”; the Initial Term and any Renewal Term being referred to herein as the “Term”), unless earlier terminated pursuant to the termination provisions of Article VIII (Default, Termination for Cause and Dispute Resolution) hereof, in which event the Term shall be deemed to have ended as of the date of such termination. All rights, obligations and liabilities of the parties hereto shall commence on the Contract Date, subject to the terms and conditions hereof. At the end of the Term of this Agreement, all other obligations of the parties hereunder shall terminate, except as provided in Sections 8.6 and 3.4.

Effective Date and Initial Term. This Contract will become effective on the Contract Date and will continue in effect until the tenth (10th) anniversary of the Commencement Date (the “Initial Term”), or if renewed as provided in Section 4.2, until the last day of the renewal term (the “Renewal Term”), unless earlier terminated pursuant to the termination provisions of Article XIV, in which event the Term will be deemed to have ended as of the date of such termination. At the end of the Term, all obligations of the Parties hereunder will terminate, except as otherwise provided herein.

Effective Date and Initial Term. This AGREEMENT shall be effective as of the date and year first written above. The initial term shall be from October 1, 2017 to December 31, 2017 ("Initial Term").

Effective Date and Initial Term. This Agreement shall be effective as of ___ 10-25-06_______ or, if later, the date on which Viper obtains commitments for loan financing in amounts sufficient to finance the purchase of equipment necessary hereto, which amount is estimated to be not less than the amount provided on Exhibit 1, Item 1 (the “Viper Financing”). The Initial Term hereunder shall expire on June 30, 2010, and shall renew for successive one-year terms unless either party shall notify the other, in writing, not later than 90 days prior to the end of the Initial Term (or any extension then in effect), of its desire to terminate. Notwithstanding the forgoing, the Initial Term shall expire upon any termination of OnSat’s contract C22052 with the Navajo Nation prior to the date set forth herein, provided said termination is not due to the default or breach of the contract by OnSat.

Effective Date and Initial Term. This Service Contract shall become effective on the Contract Date, and shall continue in effect for ten years following the Contract Date (the “Initial Term”) or, if renewed as provided in Section 3.2, until the last day of any renewal term (the “Renewal Term”; the Initial Term and any Renewal Term being referred to herein as the “Term”), unless earlier terminated pursuant to the termination provisions of this Service Contract, in which event the Term shall be deemed to have ended as of the date of such termination. All rights, obligations and liabilities of the parties hereto shall commence on the Contract Date, subject to the terms and conditions hereof. At the end of the Term, all other obligations of the parties hereunder shall terminate, except as provided in Section 7.7.

Effective Date and Initial Term. This Agreement shall be effective as of the date first written above (the “Effective Date”) and terminate on July 23, 2016, representing a term of approximately eighteen months (the “Initial Term”).