TERM AND REVIEW Clause Samples

TERM AND REVIEW. 1. In accordance with the Municipal Government Act, this Intermunicipal Collaboration Framework shall come into force on final passing of matching bylaws that contain the Framework by both Counties. 2. This Framework may be amended by mutual consent of both Counties unless specified otherwise in this Framework. 3. It is agreed by the Counties that the Councils shall review this Framework at least once every four years, commencing no later than 2022, the terms and conditions of the agreement.

TERM AND REVIEW. The term of the present agreement is five (5) years beginning on June 1, 2015 and ending on May 31, 2020. Six (6) months prior to the expiration of the term, the parties shall review in good faith the terms and conditions with a view to renew on a mutually agreeable basis. In the event the parties are unable to agree on the terms of renewal, the terms of the present agreement shall end at its term.

TERM AND REVIEW. This Trading Agreement shall commence on 1st November 2003 and shall remain in effect indefinitely, subject to the Termination provision (Clause 26) being exercised by either party.

TERM AND REVIEW. This MOU will take effect from the date it is signed by the authorized representatives of the two organizations.

TERM AND REVIEW. ‌ 3.1 In accordance with the Municipal Government Act, this Intermunicipal Collaboration Framework shall constitute an Agreement between the Parties and shall come into force and effect on the final passing of matching bylaws by both Parties. 3.2 This Framework may be amended by mutual consent of both Parties. Amendments to this Agreement shall come into force on the passing of matching resolutions by both Parties and shall be added as an Addendum to this Agreement. 3.3 It is agreed by the Parties they shall meet at least once during the Term of the Agreement commencing no later than 180 days before the Expiry Date of this Agreement. 3.4 It is further agreed that upon request by either Party, the Committee shall also meet.

TERM AND REVIEW. This Agreement shall be effective on the date indicated above and shall remain in effect until and unless terminated in accordance with Section 5 of this Agreement. The Agreement shall be formally reviewed by the Parties three (3) years after the effective date and every three (3) years thereafter. The Agreement may be amended only in writing executed by both parties. Upon such execution by the Parties, said written documents shall act as amending items to this Agreement. Any such amendments shall effectively extend the terms and considerations of this Agreement as set forth herein. All other terms of this Agreement shall remain the same. Key Ditch Company and Town Staff involved in the implementation of this O&M Agreement shall annually, or upon the request of either party, meet to informally review this Agreement.

TERM AND REVIEW. 4.1 This Agreement shall become effective on the date first set forth above and shall continue for an initial period of two (2) years. This Agreement shall automatically renew thereafter from year to year, unless and until terminated by either party, in its discretion, by at least thirty (30) days' prior written notice to the other party. In addition, Phoenix reserves the right to terminate this Agreement at any time on at least thirty (30) days' prior written notice if the Marketing Agent defaults on its obligations, incurs a conflict of interest of significant impact, or fails to devote reasonable effort to the license of the Software to End Users. 4.2 Notwithstanding the termination of this Agreement, Phoenix shall continue to be entitled to the fees earned under this Agreement after such termination. So long as the Marketing Agent continues to satisfy its obligations to End Users under this maintenance and support agreements, notwithstanding a termination of this Agreement, the Marketing Agent may continue to provide such maintenance and support. 4.3 Either party may request a review of this Agreement and the royalty payments applicable to the Software, such review to take place in advance of each anniversary of the commencement of this Agreement while the Agreement remains in force.

TERM AND REVIEW. 5.1 In accordance with the Municipal Government Act, this Agreement shall come into force on final passing of the bylaws by both municipalities. 5.2 This Agreement may be amended by mutual consent of both parties unless otherwise specified in this Agreement. 5.3 It is agreed by the Town of Bentley and ▇▇▇▇▇▇▇ County that the Intermunicipal Collaboration Framework Committee shall meet at least once every four years to review the terms and conditions of the agreement. 5.4 If either the Town of Bentley or ▇▇▇▇▇▇▇ County determine that this Agreement does not serve their interests, or if both municipalities determine that the adopted Agreement does not serve the interests of both municipalities, a replacement Agreement shall be created in accordance with the Act. Until such time as the replacement Agreement is ready for adoption and has been formally adopted the current Agreement remains in effect.

TERM AND REVIEW. In accordance with the Municipal Government Act, this Agreement shall come into full force and effect on final passing of resolutions by both ▇▇▇▇▇▇▇▇ and Rocky View.