T erm Clause Samples
The "Term" clause defines the duration for which an agreement or contract remains in effect. It typically specifies the start and end dates of the contractual relationship, and may outline conditions for renewal or extension. For example, a contract might be set to last for one year from the date of signing, with an option to renew for additional periods if both parties agree. This clause is essential for establishing clear expectations about how long the parties are bound by the agreement, thereby preventing misunderstandings regarding the contract's validity period.
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T erm. This Agreement shall commence on the Effective Date and shall terminate upon the completion and State acceptance of the Final Audit (as defined below in Article 4(C)) unless terminated earlier as provided in Article 1(C) below.
T erm. This Agreement and the Information Services Franchise granted hereunder will commence upon the Effective Date and will continue until and including the ten-year anniversary of the Effective Date (the “Initial Term”), unless earlier terminated as described herein. The Parties may, at DoITT’s sole discretion, extend the Agreement for up to a further five-year period (the “Extended Term”), upon written petition from the Company made within six (6) months prior to expiration of the Initial Term and with DoITT’s written permission. The Initial Term together with any Extended Term shall be known as the “Term”.
T erm. The License shall be for a term of six months commencing effective as of June 10, 2020. Either party shall have the right to terminate this License by providing the other party with no less than 30 days’ prior written notice. Such notice shall specify the date that the License shall terminate. Notwithstanding the foregoing or any other provision herein, the parties acknowledge and agree that Licensor retains the right, at any time, to terminate this License by written notice to Licensee if such termination is required under the applicable Rules or any amendment, replacement, or supplement thereto, or in the event Licensor determines, in Licensor’s discretion, that Licensee has failed to manage and operate the Premises in accordance with the Rules. Any such termination shall not relieve the Licensee of the obligations of Licensee hereunder that have occurred or accrued hereunder prior to the termination.
T erm. The term of this Agreement shall be for the period commencing on June 16May 1, 20142015, and ending January 30Decemer 31, 2015, subject to the terms and conditions hereinafter contained.
T erm. This Agreement will become effective on the Effective Date and shall remain in full force and effect until termination in accordance with the following provisions.
T erm. This Agreement shall commence on July 1, 2020, and shall terminate on
T erm. The “Term” of this Covenant shall commence on the Effective Date and shall continue until May 18, 2042 (“Expiration Date”). At the option of the County, the duration of this Covenant may be extended after the Expiration Date for an additional period of fifty (50) years after public hearing and comment on the proposed extension. Any other amendment must be agreed to in writing by all Parties as provided for in this Covenant.
T erm. This Agreement shall be effective on the date executed by the parties and
T erm. This Agreement will commence on the date this Agreement is signed by the Advertiser (the “Effective Date”) and continue until terminated by AASHE for any reason in AASHE’s sole discretion (the “Term”).
T erm. We will grant you access to the hosted applications provided you timely pay all associated fees. The term of your subscription will commence on the Effective Date and will continue for three (3) years. Thereafter, the term will be automatically extended in separate one (1) year periods. Either party may cancel this subscription to the hosted applications upon sixty (60) days written notice to the other.