Term of Effect Sample Clauses

The 'Term of Effect' clause defines the duration for which an agreement or specific provisions within it remain legally binding. Typically, this clause specifies a start date and an end date, or outlines conditions under which the agreement will continue or terminate, such as upon completion of a project or after a set number of years. Its core practical function is to provide certainty to all parties about when their rights and obligations begin and end, thereby preventing disputes over the enforceability of the agreement at any given time.
Term of Effect. A. This agreement may be amended with the agreement of both institutions, as needed, for specific program articulation without affecting the currency of the master agreement. B. This master agreement will remain in effect until terminated by either party upon written notice to the other party of an intention to terminate. Such notice will be effective only if given 180 days prior to the intended date of termination. In the event that this agreement is terminated, the terms of the agreement contained herein will remain in effect for up to four years for students who have filed a Letter of Intent to transfer at the date of notice to terminate. Students who have filed a Letter of Intent to transfer have an additional 18 months to matriculate to UVA Wise upon completing the associate degree.
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Term of Effect. The Agreement shall take effect as of date first above indicated and shall remain in effect until the full redemption of the Bonds or cancellation of the Issue by the Issuer without issuing any Bonds, performance of the obligations secured by the Collateral, and the due performance of all obligations hereunder by all the Parties.
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Term of Effect. Relationship details At the end of the Dual Degree Program, after completing the academic degree requirements of both institutions, the student shall be awarded the appropriate degree from Bloomsburg University and the Bachelor of Science Degree from The Pennsylvania State University. This agreement will expire on May 31, 2027. At that time, a new agreement may be negotiated if both parties express their interest in so doing. A lack of response to requests for information or absence of adequate participation in the program may result in termination of the agreement through written notification initiated by either party. Penn State will honor the terms of this agreement for students who were admitted to Bloomsburg University as first semester students for Fall 2027 or earlier. Students who begin at Bloomsburg University after Fall 2027 will not be able to participate in the dual degree program unless a new agreement is in place and if so, will be subject to the terms of the new agreement. The relationship between the parties to this Agreement to each other is that of independent contractors. Neither of the parties shall assume any liabilities of each other. This Agreement represents the entire understanding between the parties. This Agreement shall only be modified in writing with the same formality as the original Agreement. The laws of the Commonwealth of Pennsylvania shall govern this Agreement. ▇▇▇▇▇▇ ▇. ▇▇▇▇▇ Digitally signed by ▇▇▇▇▇▇ ▇. ▇▇▇▇▇
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Term of Effect. A. This agreement may be amended with the agreement of both institutions, as needed, for specific program articulation without affecting the currency of the master agreement. B. This master agreement will remain in effect until terminated by either party upon written notice to the other party of an intention to terminate. Such notice will be effective only if given 180 days prior to the intended date of termination. In the event that this agreement is terminated, the terms of the agreement contained herein will remain in effect for up to four years for students who have filed a letter of intent to transfer at the date of notice to terminate. Students who have filed a letter of intent to transfer have an additional 18 months to matriculate to VCU upon completing the associate degree.
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Related to Term of Effect

  • Term of Agreement This Agreement becomes effective upon the date of the last signature below ("Effective Date") and shall remain in effect until the completion of all obligations of both Parties hereto, or five years from the Effective Date, whichever comes first.

  • Term of Agreement and Renewals The Agreement with TIPS is for approximately three (3) years with an option for renewal for an additional one

  • Term of Agreement; Amendment This Agreement shall become effective as of the date first written above and will continue in effect for a period of three (3) years. This Agreement may be terminated by either party upon giving 90 days prior written notice to the other party or such shorter period as is mutually agreed upon by the parties. Notwithstanding the foregoing, this Agreement may be terminated by any party upon the breach of the other party of any material term of this Agreement if such breach is not cured within 15 days of notice of such breach to the breaching party. This Agreement may not be amended or modified in any manner except by written agreement executed by USBFS and the Trust, and authorized or approved by the Board of Trustees.

  • Term of Agreement; Termination The term of this Agreement shall commence on the date hereof and such term and this Agreement shall terminate upon the earlier to occur of (i) the Effective Time, and (ii) the date on which the Merger Agreement is terminated in accordance with its terms. Upon such termination, no party shall have any further obligations or liabilities hereunder; PROVIDED, HOWEVER, such termination shall not relieve any party from liability for any breach of this Agreement prior to such termination.

  • Term of Agreement Miscellaneous A. This Agreement shall continue in force until the date that all Indemnified Obligations have been paid or discharged. B. This Agreement shall be interpreted and the rights and liabilities of the parties hereto determined in accordance with the laws of the State of Arizona. C. This Agreement contains all the terms and conditions of the agreement between the Indemnitee and Indemnitor. The terms and provisions of this Agreement may not be waived, altered, modified or amended except in writing duly executed by the party to be charged thereby. D. Any notice shall be directed to the parties at the following addresses: If to Indemnitor: InnSuites Hospitality Trust ▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇ ▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Attention: President with a copy to: ▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇, Esq. ▇▇▇▇▇▇▇▇ ▇▇▇▇ LLP ▇▇▇▇ ▇▇▇ ▇▇▇▇▇▇ ▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇, ▇▇▇▇ ▇▇▇▇▇ If to the Indemnitee: ▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇ ▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇ ▇▇▇▇▇ with a copy to: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇, Esq. ▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇ ▇. ▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇ ▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇ E. None of the parties to this Agreement shall have the right to assign, transfer, convey, and/or otherwise sell (or enter into any agreement to do the same), directly or indirectly, any interest it may have in or under this Agreement without first having obtained the written consent of the other party, which consent may be withheld in such other party’s sole and absolute discretion. F. Neither this Agreement nor any term hereof may be changed, waived, discharged, or terminated orally, but only by an instrument in writing signed by the party against whom the enforcement of the change, waiver, discharge, or termination is sought or, in the case of a default, by the non-defaulting party. G. The captions and article headings included in this Agreement are for convenience only, do not constitute part of this Agreement, and shall not be considered or referred to in interpreting the provisions of this Agreement. H. This Agreement may be executed in two or more counterparts, each of which shall be deemed to be an original, but all of which shall constitute one and the same instrument. The submission of a signature page transmitted by facsimile (or similar electronic transmission facility) shall be considered as an “original” signature page for purposes of this Agreement so long as the original signature page is thereafter transmitted by mail or by other delivery service and the original signature page is substituted for the facsimile signature page in the original and duplicate originals of this Agreement.