Effective Date of Renewal Sample Clauses

The 'Effective Date of Renewal' clause defines the specific date on which a contract's renewal period begins. Typically, this clause clarifies whether the renewal starts immediately after the original term ends or on another predetermined date, and may specify how notice of renewal is to be given. By establishing a clear renewal start date, this clause helps prevent confusion or disputes about when renewed obligations and rights take effect, ensuring continuity and clarity in the contractual relationship.
Effective Date of Renewal. This Agreement shall be effective on the date that both parties have executed this Agreement (the "Effective Date"), provided that said date is no later than thirty (30) days after the date the City Council, by Resolution, approves this Agreement (the "Approval Date"). The grant of a franchise provided for in this Agreement is further contingent upon the filing by Grantee with the City Clerk of the security fund and insurance certificates provided for in the Ordinance, except that if such filing does not occur within sixty(60) days after the Approval Date, the City may, in its sole discretion, declare a grant of this franchise provided for herein to be null and void.
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Effective Date of Renewal. The renewal shall be effective on December 1, 2003 (the “Effective Date”), contingent upon prior City Council approval and the filing by Grantee with the City Clerk, of the executed Franchise Agreement and the required security fund and insurance certificates by not later than sixty (60) days after the Effective Date. If the filing of the executed Franchise Agreement, security fund or any such insurance certificates does not occur within sixty (60) days of the Effective Date of this Agreement, the Grantor may declare this Agreement null and void.
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Effective Date of Renewal. The renewal shall be effective on October 1, 2004 (the “Effective Date”), contingent upon prior City Council approval and the filing by Grantee with the City Clerk, of the executed Franchise Agreement and the required security fund, insurance certificates and EG Access capital grant by not later than thirty (30) days after the Effective Date. If the filing of the executed Franchise Agreement, security fund, any such insurance certificates or the EG Access capital grant does not occur within thirty (30) days of the Effective Date of this Agreement, the Grantor may declare this Agreement null and void..
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Effective Date of Renewal. This franchise renewal will commence on the date specified in the resolution authorizing the renewal as the effective date of renewal (the “Effective Date”) which shall be a minimum of thirty (30) days from the date the resolution is adopted. Prior to the Effective Date, Grantee must file with the Executive Officer its written acceptance of the resolution renewing the franchise in the form agreed to by both parties. Within thirty (30) days after the Effective Date, Grantee must file with the Executive Officer the required bonds and insurance policies or insurance certificates; provided, however, that if the filing of these documents does not occur within that thirty (30) day period, or any authorized extension of that period, Grantor may declare this franchise renewal null and void.
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Effective Date of Renewal. Notwithstanding its earlier execution by the parties, performance under the provisions of this Agreement will commence on July 1, 2005, which is referred to herein as the “effective date.” No later than 30 days after the date on which the ordinance authorizing this Agreement becomes operative, Grantee must file with the City Clerk any required construction bond, security fund, and verification of insurance coverage; provided, however, that if the filing of these documents does not occur by the end of that 30-day period, or within any authorized extension of that date, the Grantor may declare this Agreement to be null and void.
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Related to Effective Date of Renewal

  • EFFECTIVE DATE OF CONTRACT The contract shall come into effect on the date of signatures of both the parties on the contract and shall remain valid until the completion of the obligation of the parties under the contract. The deliveries and supplies and performance of the services shall commence from the effective date of the contract.

  • Notice; Effective Date of Termination (a) Termination of Executive’s employment pursuant to this Agreement shall be effective on the earliest of: (i) immediately after the Company gives notice to Executive of Executive’s termination, with or without Cause, unless pursuant to Section 6.3(b)(i), if curable, or Section 6.3(b)(vi), in which case ten (10) days after notice if not cured or unless the Company specifies a later date, in which case, termination shall be effective as of such later date; (ii) immediately upon the Executive’s death; (iii) ten (10) days after the Company gives notice to Executive of Executive’s termination on account of Executive’s Disability, unless the Company specifies a later date, in which case, termination shall be effective as of such later date, provided that Executive has not returned to the full-time performance of Executive’s duties prior to such date; (iv) ten (10) days after the Executive gives written notice to the Company of Executive’s resignation, provided that the Company may set a termination date at any time between the date of notice and the date of resignation, in which case the Executive’s resignation shall be effective as of such other date. Executive will receive compensation through any required notice period; or (v) for a termination for Good Reason, immediately upon Executive’s full satisfaction of the requirements of Section 6.1(f). (b) In the event of a termination for Cause, written confirmation shall specify the subsection(s) of the definition of Cause relied on to support the decision to terminate.

  • Effective Date of Termination The terminating party under Paragraph 6.06.B may set the effective date of termination at a time up to 30 days later than otherwise provided to allow Engineer to demobilize personnel and equipment from the Site, to complete tasks whose value would otherwise be lost, to prepare notes as to the status of completed and uncompleted tasks, and to assemble Project materials in orderly files.

  • Effective Date of This Agreement and Termination Thereof (a) This Agreement shall become effective at 10:00 a.m., New York time, on the first full business day following the day on which you and the Company receive notification that the Registration Statement became effective. (b) This Agreement may be terminated by the Underwriter by notifying the Company at any time on or before the Closing Date, if any domestic or international event or act or occurrence has in your sole opinion, materially disrupted, or in your sole opinion will in the immediate future materially disrupt, securities markets; or if trading on the New York Stock Exchange, the American Stock Exchange, or in the over-the-counter market shall have been suspended, or minimum or maximum prices for trading shall have been fixed; or if a moratorium in foreign exchange trading by major international banks or persons has been declared; or if the Company shall have sustained a loss material or substantial to the Company taken as a whole by fire, flood, accident, hurricane, earthquake, theft, sabotage or other calamity or malicious act which, whether or not such loss shall have been insured, will, in your sole opinion, make it inadvisable to proceed with the delivery of the Shares; or if there shall have been a material adverse change in the conditions of the securities market in general, as in your reasonable judgment would make it inadvisable to proceed with the offering, sale and delivery of the Shares; or if there shall have been a material adverse change in the financial or Securities markets, particularly in the over-the-counter market having occurred since the date of this Agreement. (c) If you elect to prevent this Agreement from becoming effective or to terminate this Agreement as provided in this Paragraph 10, the Company shall be notified promptly by you by telephone or facsimile, confirmed by letter. (d) If this Agreement shall not become effective or if this Agreement shall not be carried out within the time specified herein by reason of any failure on the part of the Company to perform any undertaking, or to materially satisfy any condition of this Agreement by it to be performed or satisfied, the sole liability of the Company to the Underwriter, in addition to the obligations assumed by the Company pursuant to Paragraph 8 herein, will be to reimburse the Underwriter for such reasonable out-of-pocket expenses of the Underwriter in connection with this Agreement and the proposed offering of the Shares.

  • Effective Date of Agreement; Termination (a) This Agreement shall become effective when the parties hereto have executed and delivered this Agreement. (b) The Representative may terminate this Agreement at any time at or prior to the Time of Purchase, by notice to the Company, if (1) since the time of execution of this Agreement or the earlier respective dates as of which information is given in the Registration Statement, the Disclosure Package and the Prospectus, there shall have been any Material Adverse Effect, in the sole judgment of the Representative, so material and adverse as to make it impractical or inadvisable to proceed with the completion of the Offering of Securities contemplated by this Agreement or to enforce contracts for the sale of such Securities, or (2) since the time of execution of this Agreement, there shall have occurred: (A) a suspension or material limitation in trading in securities generally on the NYSE, the NYSE American or Nasdaq, or the establishment by the Commission or FINRA of minimum or maximum prices on any of such stock exchanges, (B) a suspension or material limitation in trading in the Company’s securities on Nasdaq, (C) a general moratorium on commercial banking activities declared by either federal or New York State authorities or a material disruption in commercial banking or securities settlement or clearance services in the United States, (D) an outbreak or escalation of hostilities or acts of terrorism involving the United States or a declaration by the United States of a national emergency or war or any other calamity or crisis or any change in financial, political or economic conditions in the United States or elsewhere if the effect of any such event specified in this clause (D), in the sole judgment of the Representative, makes it impracticable or inadvisable to proceed with the completion of the Offering of Securities contemplated by this Agreement or to enforce contracts for the sale of such Securities, or (E) the Company is in material breach of any of its representations, warranties or covenants hereunder. (c) In the event of any termination under Section 6(b) hereof, neither party will have any liability to the other party hereto, except as set forth in Section 4 hereof, and provided further that the provisions of Sections 2, 8, 11, 12 and 13 hereof shall remain in effect.