The Agreement Term Sample Clauses
The Agreement Term clause defines the duration for which the contract remains in effect between the parties. It typically specifies a start date and an end date, or outlines conditions under which the agreement will automatically renew or terminate. This clause ensures both parties are aware of their obligations' timeframe, providing clarity and preventing disputes over when contractual duties begin and end.
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The Agreement Term.Ěý1. The Agreement shall enter into force as of the date of signing hereof by the Parties.
2. The Agreement shall be concluded for an indefinite period of time. The Agreement can be terminated by mutual agreement of the Parties or on 3-months length period of notice, calculated from the end of calendar month. The Parties agree that neither of them can issue the termination notice within the first 3 month of the Agreement validity.
3. In addition, each of the Parties shall have the right to terminate the Agreement with immediate effect, if the other Party violates the provisions of the Agreement and does not remedy the violation within an additional time limit, not shorter than 30 days, specifically given to the Party in writing otherwise null and void.
4. Each of the Parties shall be authorised to terminate the Agreement with immediate effect, if FCA or KNF demands that the Agreement be terminated or amended; where any amendment is demanded, if the Parties fail to reach an agreement as to the wording of the required amendment within an appropriate time limit, not longer than that indicated by FCA or KNF, respectively.
5. The Agreement may be terminated with immediate effect when the competent court or authority has issued a decision or adopted a resolution on dissolution or liquidation of any of the Parties.
6. The Agreement may be terminated with immediate effect in case of losing by E360F of permit to render payment services being subject to the Agreement, if E360F has not transfered the rights and obligations following from the Agreement to another entity possessing such permits, according to § 14 section 6 of the T&C.
7. No omission by either Party to request strict observance of any material condition of the Agreement shall be deemed a waiver of any right to request at a later date strict observance of such a condition or any other significant condition of the Agreement.
The Agreement Term.Ěý6.1 This agreement shall commence at the execution date and shall terminate at the end of the lease term and/or the extended lease term, as to be determined in the leasehold agreement with the Israel Lands Administration relating to the Plot and/or upon termination of the Lease Term and/or the Additional Lease Term as defined in the Agreement, the earlier of the two. It is hereby agreed and clarified that the termination term of this agreement may and shall be five years after the completion of the Project, if at that time those holding at least 75% of the building rights in the Project in accordance with the Town Building Plan have decided upon the replacement of the Management Company for any reason whatsoever. Likewise, those holding a decision of 75% of the holders of building rights in the Project in accordance with the Town Building Plan shall have the right to terminate this agreement even after the said period, if the Management Company has materially breached its undertakings under the provisions of this agreement towards the holders in the Project.
6.2 It is agreed that the Management Company shall commence with the provision of Services upon occupation of the first property in the Project by any tenant whatsoever, however the management fees shall be paid by the Tenant commencing from the date of delivery of possession of the leased premises.
6.3 It is agreed that, notwithstanding anything stated in this agreement, if the Management Company is forced to cease providing Services in the Project due to a valid court order, this agreement shall be cancelled and the Tenant shall not have any cause of action whatsoever in connection with the cancellation of the agreement.
6.4 Upon completion of the final accounting between the Management Company and the Tenant, the Tenant’s guarantees held by the Management Company, and the monthly payments paid to the Management Company for those months during which the Tenant did not receive the Services from the Management Company due to the cessation of the agreement, shall be returned to the Tenant.
6.5 It is hereby agreed that the Management Company shall be entitled to file written notice, during a warning period of one year, regarding its wish to terminate the undertakings under this agreement. In such a case, the undertakings between the Management Company and the Tenant shall be stopped, without any of the parties having any claim and/or suits whatsoever for the cessation of the undertakings in accordance wi...
The Agreement Term.Ěý7.1. This Agreement is for an unlimited period which will begin on March 1, 2010 (the â€�Agreement Termâ€�) and subject to the following.
7.2. Without derogating from the provisions of Section 7.1 above, the period commencing on the Agreement commencement date and ending six calendar months thereafter, will be a trial period (the “Trial Period�). During the Trial Period, the Company shall examine the suitability of the Employee for the position and his compliance with his representations and commitments as specified in this Agreement.
7.3. During the Trial Period the Company will be entitled to terminate this Agreement by an advance notice, as required by law regarding the employment period until the termination date, according to its sole discretion and without being obligated to reason its decision.
7.4. After the Trial Period, each party will be entitled to terminate the Agreement by an advance notice according to law.
7.5. During the entire Agreement Term, the Company shall be entitled to terminate the Agreement immediately, with no advance notice, upon the occurrence of one or more of the following events:
7.5.1. If the Employee shall be convicted in a criminal offence, except for a technical offence or one of strict liability, or if an indictment shall be filed against him in a criminal offence which is a felony or criminal act.
7.5.2. If the Employee breached his fiduciary duty towards the Company and/or will not act and/or operate with loyalty and/or credibly and/or honestly towards the Company and/or for himself.
7.5.3. The Company found out that the Employee’s representations in Section 2 of this Agreement and/or his undertakings, as specified in Section 3 above are untrue and/or incorrect and/or are invalid;
7.5.4. The Company found out that he Employee had breached any of the provisions of Sections 9 and 10 ;
7.5.5. The Employee breached the Agreement and did not correct the breach, even though he had received a 30 day notice or a shorter notice, according to the urgency of the matter and/or committed a severe disciplinary offence in circumstances which entitle the employer to dismissal without severance pay.
7.6. For avoidance of doubt it is agreed, that in each of the cases specified in paragraph 7.5 above, the dismissal shall enter effect immediately, without requiring the provision of advance notice or payment in respect thereof.
7.7. Upon the termination of the Employee’s work at the Company for any reason, the Employee shall transfer his Offi...
The Agreement Term.ĚýThe provisions hereof shall be binding on the User from the moment of first use till the moment he/she completely ceases using the online store. If any clause hereof becomes partially or completely invalid or contrary to law, this shall not entail the invalidity of other clauses hereof.
The Agreement Term.Ěý5.1 The Agreement will be in effect from September 25, 2012 (hereinafter: "the Effective Date") until it is concluded as detailed in this section 5 (hereinafter: "the Agreement Term"). The Agreement will become effective upon signing, excluding the provisions of section 7 below which will become effective after all the legally required approvals are obtained (including the meeting of the Company's shareholders and/or the Tel-Aviv Stock Exchange Ltd. (hereinafter:"the TASE") for the allocations detailed in this Agreement). In the event that these approvals are not obtained within 90 days from the Effective Date, this Agreement shall become null and void as follows:
5.1.1 The sole consideration of any type to which the Service Provider will be entitled will be US$ 40 thousand a month plus the legally required VAT for every month in which the Services were rendered (in the event that the Services were rendered for part of a month, the relative portion of the consideration shall be paid), excluding the Initial Term (as defined below).
5.1.2 In the event that all the approvals according to the Agreement are obtained within 90 days and the Agreement become effective, the payments made during this period will be viewed as payments for the software and the period will be offset as part of the Initial Term (as defined below).
5.2 The Parties hereby agree that the first four months of this Agreement shall be defined as the "Initial Term".
5.3 This Agreement will be concluded at the end of three (3) years from the Effective Date, subject to the terms specified in section 6 below.
5.4 Notwithstanding the aforesaid, the Company will be entitled to terminate this Agreement immediately, without providing advance notice and without any compensation and at its sole discretion, if any of the following events occur:
5.4.1 The Service Provider is convicted of committing theft, vandalism or intentional damage to the Company's property.
5.4.2 The Service Provider is convicted of committing a crime involving moral turpitude.
5.4.3 The Service Provider commits a fundamental violation of the Agreement and this violation, to the extent that it is rectifiable, is not rectified within 14 days from the date of the Company's announcement in writing of said violation, or a non-fundamental violation that is not rectified within 30 days from the date of the Company's announcement in writing of said violation.
5.4.4 In the event that starting from March 1, 2014, the Service Provider does n...
The Agreement Term.Ěý7.1. This Agreement is for an unlimited period which will begin on December 15, 2013 (the "Agreement Term") and subject to the following.
7.2. As aforesaid in this Agreement and without derogating from the provisions of Section 7.1 above, the period commencing on the Agreement commencement date and ending three months thereafter, will be the Trial Period. During the Trial Period, the Company shall examine the suitability of the Employee for the position and his compliance with his representations and commitments as specified in this Agreement.
The Agreement Term.ĚýThe commencement date of this Agreement is the commencement date of the Lease Agreement. This Agreement and the permission to use the means of entering into the Parking thereunder, will end in any event where the Lease Agreement ends, whether due to its expiry or for any other reason and without the need to provide separate notice.