Time Limits and Effective Dates Clause Samples

The "Time Limits and Effective Dates" clause establishes when the terms of an agreement begin to apply and sets specific deadlines for actions or obligations under the contract. It typically defines the effective date—when the contract becomes legally binding—and outlines timeframes for performance, such as delivery deadlines, notice periods, or expiration dates. By clearly specifying these temporal parameters, the clause ensures all parties understand their obligations and the relevant timeframes, reducing ambiguity and helping to prevent disputes over timing.
Time Limits and Effective Dates. 12.13 The time limits in this Article may be extended by mutual agreement of the parties. Agreement will not be unreasonably withheld. 12.14 Settlements reached at any stage of the grievance procedure will be effective on such date as reached by mutual agreement or on such date as set by a Board of Arbitration.
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Related to Time Limits and Effective Dates

  • Coverage Changes and Effective Dates 39 40 Subd. 1. When Coverage May Be Chosen.

  • Term and Effective Date The Master Contract became effective March 22, 2023, and its term currently ends on August 31, 2027. The Master Contract has five years of renewals available. The Contract will become effective on April 1, 2023, or on the date signed by all Parties, whichever is later. The Contract will expire on August 31, 2027, unless terminated earlier or renewed in accordance with Exhibit B, Special Contract Conditions.

  • Effective Dates This Letter of Understanding shall take effect for all grievances filed on or after February 1, 2022. This ▇▇▇ shall expire upon successful ratification of a Memorandum of Agreement with respect to central terms. Should a Memorandum of Agreement with respect to central terms not be successfully ratified, the parties will meet within thirty (30) calendar days of the unsuccessful ratification vote to either extend or terminate this ▇▇▇. If this ▇▇▇ is terminated, the parties agree to move grievances filed under the interim procedure back to the appropriate central or local grievance procedure and to their respective steps in those procedures.

  • Effective Date and Effective Time Subject to the satisfaction or waiver of the conditions set forth in Article VII of this Agreement, Peoples and Limestone shall cause the effective date of the Parent Merger (the “Effective Date”) to occur as soon as practicable after the last of the conditions set forth in Article VII shall have been satisfied or waived in accordance with the terms of this Agreement; provided, however, that the Effective Date shall not fall after the date specified in Section 8.01(c) without the unanimous consent of the parties or after the date or dates on which any Regulatory Authority approval or any extension thereof expires. The time on the Effective Date when the Parent Merger shall become effective is referred to herein as the “Effective Time”.

  • Effective Date of Agreement The provisions of the agreement will come into full force and effect on the date of ratification, unless specified otherwise.