Common use of TERM AND REVIEW Clause in Contracts

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. 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 Village of Bentley Alix 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 Village of Bentley Alix 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.