Termination Upon Expiration Date Clause Samples
The 'Termination Upon Expiration Date' clause defines that an agreement will automatically end on a specified date without the need for further action by either party. In practice, this means that the contract's obligations and rights cease at the end of the agreed term, such as a lease ending after one year or a service agreement concluding after its set duration. This clause provides certainty and clarity by establishing a definite endpoint, preventing misunderstandings about the contract's duration and eliminating the need for additional termination notices.
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Termination Upon Expiration Date. Unless earlier terminated, the Trust shall automatically terminate on ____________, _____ (the "Expiration Date"), following the distribution of the Trust Property in accordance with Section 9.4.
Termination Upon Expiration Date. The Trust shall automatically terminate on December 31, 20__ (the "Expiration Date") or earlier pursuant to Section 9.02.
Termination Upon Expiration Date. 44 Section 9.02.
Termination Upon Expiration Date. Unless earlier terminated, the Issuer Trust shall automatically terminate on _________ ___, ____ (the "Expiration Date"), following the distribution of the Trust Property in accordance with Section 9.4.
Termination Upon Expiration Date. Unless earlier dissolved, the Trust shall automatically dissolve on, December 31, 2028 (the "Expiration Date") subject to distribution of the Trust Property in accordance with Section 9.4.
Termination Upon Expiration Date. Unless earlier terminated, the Trust shall automatically terminate on January 1, 2028 (the "Expiration Date"), following the distribution of the Trust Property in accordance with Section 9.4.
Termination Upon Expiration Date. Unless earlier terminated, the Issuer Trust shall automatically terminate on January 15, 2027 (the "Expiration Date"), following the distribution of the Trust Property in accordance with Section 9.4.
Termination Upon Expiration Date. The Trust shall automatically terminate on ________________ (the "Expiration Date") or earlier pursuant to Section 9.02 or 9.03.
Termination Upon Expiration Date. 40 --------------------------------
Termination Upon Expiration Date. In the event that Executive’s employment with the Company terminates upon the expiration of the Term of Employment, the Executive shall be entitled to only the Accrued Obligations.