Final Expiration Clause Samples

The Final Expiration clause defines the specific date or event upon which an agreement or contract will automatically come to an end. Typically, this clause outlines the duration of the contract and may specify that all rights, obligations, and responsibilities of the parties cease at the final expiration date, unless otherwise extended or renewed. Its core practical function is to provide certainty and clarity regarding the contract’s endpoint, preventing indefinite obligations and ensuring both parties are aware of when their commitments conclude.
Final Expiration. This Agreement shall automatically expire if the Closing does not occur on or before April 30, 1998, or, upon such later date as VDC in its sole discretion may determine; provided, however, that such later date shall not be later than July 1, 1998.
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Final Expiration. Upon final expiration of the Term, the Agreement shall immediately terminate, all ownership interests, licenses and other rights to the control, and no Party shall owe the other Party any further duties, obligations or consideration, save those duties and obligations which expressly survive the termination of this Agreement.
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Final Expiration. This Agreement shall automatically expire if the Closing does not occur on or before May 8, 1998.
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Final Expiration. The right to indemnification with respect to any claim for which notice has been properly and timely given in accordance with Section 8.1(b) shall expire upon the final resolution of such claim.
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Final Expiration. The expiration date of this Confirmation is not subject to automatic extension beyond [insert a fixed calendar date 25 years plus 30 calendar days from the date of issuance of the Standby], and any pending automatic one-year extension shall be ineffective beyond that date.
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Final Expiration. This Agreement shall auto-matically expire if the Closing does not occur on or before February 15, 1998.
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Final Expiration. This Agreement may be terminated by Parent or Buyer for any reason, upon written notice, if the Closing does not occur on or before October 15, 2008 or such later date as Parent and Buyer may agree in writing; provided that neither Parent nor Buyer shall be entitled to terminate this Agreement pursuant to this Section 9.3 if such party is in material breach of this Agreement.
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Related to Final Expiration

  • Contract Expiration The contract shall expire 120 days after the final services have been rendered.

  • Term; Expiration This Agreement shall become effective on the initial Effective Date and the obligations of the parties hereunder shall not commence until the initial Effective Date. This Agreement may be terminated by either party upon 60 calendar days’ written notice to the other party. This Agreement shall automatically expire on the termination date of the Offering as described in the Prospectus.

  • Policy Renewal/Expiration At least thirty (30) days prior to the expiration of any policy required by this Contract, evidence of renewal or replacement policies of insurance with terms no less favorable to OGS than the expiring policies shall be delivered to OGS in the manner required for service of notice in Paragraph A.3.

  • COMMENCEMENT/EXPIRATION DATE This agreement is executed as of the date of the last signature and is effective through at which time it will expire. The expiration date is the final date for completion of all work activities under this agreement.