Initial Framework Period definition
Examples of Initial Framework Period in a sentence
This Framework Agreement shall take effect on the Framework Commencement Date and shall expire either: at the end of the second (2nd) Contract Year (the initial Framework Period ); or where the Authority elects to extend the Initial Framework Period in accordance with Clause 10.1 below, at the end of the extended Framework Period, unless it is terminated earlier in accordance with the terms of this Framework Agreement or otherwise by operation of Law.
The Authority may extend the duration of this Framework Agreement for any period or periods of up to twelve (12) months at a time subject to a maximum of two (2) years in total from the expiry of the Initial Framework Period by giving the Supplier no less than three (3) Months' written notice.
The Authority may extend the duration of this Framework Agreement from the expiry of the Initial Framework Period for a maximum of three (3) consecutive further terms, each of these further terms being up to a maximum of twelve (12) months duration (each of these further terms referred to as “Extension Framework Period”) by giving the Supplier no less than one (1) Months written notice.
This Framework Agreement shall take effect on the Framework Commencement Date and shall expire either: at the end of the Initial Framework Period; or where the Authority elects to extend the Initial Framework Period in accordance with Clause 10.1 below, at the end of the Extension Framework Period; unless it is terminated earlier in accordance with the terms of this Framework Agreement or otherwise by operation of Law.