Term Contract Clauses (8,450)

Grouped Into 443 Collections of Similar Clauses From Business Contracts

This page contains Term clauses in business contracts and legal agreements. We have organized these clauses into groups of similarly worded clauses.
Term. The Company agrees to employ Executive, and Executive agrees to be employed by the Company, upon the terms and conditions set forth in this Agreement for a period (the "Initial Term") commencing on the Effective Date and ending on the second anniversary of such date, unless earlier terminated in accordance with Section 3. If neither party gives at least sixty (60) days written notice to the other party that it intends for this Agreement to terminate on such second anniversary, then this Agreemen...t shall continue for successive one year terms (each a "Renewal Term"), unless earlier terminated in accordance with Section 3, until either party gives at least sixty (60) days written notice to the other party that the other party intends for this Agreement to terminate at the end of any such one-year period. The Initial Term and any Renewal Terms shall, together, constitute the "Term". View More
Term. The Company agrees to employ Executive, and Executive agrees to be employed by the Company, upon the terms and conditions set forth in this Agreement for a period (the "Initial Term") commencing on the Effective Date and ending on the second anniversary of such date, September 9, 2016 (the "Initial Term"), unless earlier terminated in accordance with Section 3. If neither party gives at least sixty (60) days written notice to the other party that it intends for this Agreement to terminate on suc...h second anniversary, September 9, 2016, then this Agreement shall continue for successive one year six month terms thereafter (each a "Renewal Term"), unless earlier terminated in accordance with Section 3, until either party gives at least sixty (60) days written notice to the other party that the other party intends for this Agreement to terminate at the end of any such one-year six month period. The Initial Term and any Renewal Terms shall, together, constitute the "Term". View More
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Term. This Agreement shall be effective from the date of its execution by RHP and for the twenty-four (24) months next succeeding any Change of Control, and shall continue in effect from year to year after such twenty-four (24) month period, unless RHP shall notify Key Employee in writing 90 days in advance of an anniversary of its execution that the Agreement shall terminate or unless, prior to a Change of Control or the commencement of any discussion with a third person that ultimately results in a ...Change of Control, the Key Employee ceases for any reason to be an employee of RHP in which event this Agreement shall immediately terminate and be of no further effect. View More
Term. This Agreement shall be effective from the date of its execution by RHP and for the twenty-four (24) twelve (12) months next succeeding any Change of Control, and shall continue in effect from year to year after such twenty-four (24) twelve (12) month period, unless RHP shall notify Key Employee in writing 90 days in advance of an anniversary of its execution that the Agreement shall terminate or unless, prior to a Change of Control or the commencement of any discussion with a third person that ...ultimately results in a Change of Control, the Key Employee ceases for any reason to be an employee of RHP in which event this Agreement shall immediately terminate and be of no further effect. View More
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Term. The Contractor shall diligently perform the services described in Schedule A. During the term of this Agreement, which shall commence on the first business day after the effective termination date of the Previous Employment and shall continue in effect through November 15, 2026, unless otherwise terminated pursuant to the terms hereof (the "Term"). Any extension of the Term will be subject to mutual written agreement between the Company and the Consultant.
Term. The Contractor shall diligently perform the services described in Schedule A. During the term of this Agreement, which shall commence on the first business day after the effective termination date of the Previous Employment and shall continue in effect through November 15, 2026, 2031, unless otherwise terminated pursuant to the terms hereof (the "Term"). Any extension of the Term will be subject to mutual written agreement between the Company and the Consultant.
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Term. The Purchase Price will be paid by Buyer as follows: 1 a) Within three (3) business days of the Effective Date of this Agreement, Buyer will deposit $150,000 (the "Initial Earnest Money") into an interest-bearing account with First American Title Insurance Company, 1380 17th Street, Denver, CO 80202, Attn: Lisa Ray; phone number: (303) 876-1134; email: liray@firstam.com (the "Closing Agent" or "Title Company" or "Escrow Agent"). The Initial Earnest Money, together with the Additional Earnest Mon...ey, as defined below, shall be collectively referred to as the "Earnest Money". Upon expiration of the Review Period (as defined below), Earnest Money shall become non-refundable, except as may otherwise be provided herein. The Earnest Money shall be credited against the Purchase Price when and if escrow closes and the sale is completed. b) Buyer will deposit the balance of the Purchase Price into escrow in sufficient time to allow escrow to close on the Closing Date. View More
Term. The Purchase Price will be paid by Buyer as follows: 1 a) Within three (3) business ten (10) days of written demand by Seller, which may be provided at any time on or before the Effective Date of this Agreement, Closing Date, Buyer will shall deposit $150,000 $100.00 (the "Initial Earnest "Earnest Money") into an interest-bearing account with First American Title Insurance Company, 1380 17th Street, Denver, CO Colorado, 80202, Attn: Lisa Ray; Marina Garza; phone number: (303) 876-1134; 876-1112;... email: liray@firstam.com mgarza@firstam.com (the "Closing Agent" or "Title Company" or "Escrow Agent"). The Initial Earnest Money, together with the Additional Earnest Money, as defined below, shall be collectively referred to as the "Earnest Money". Upon expiration of the Review Period (as defined below), Earnest Money shall become non-refundable, except as may otherwise be provided herein. non-refundable. The Earnest Money shall be credited against the Purchase Price when and if escrow closes and the sale is completed. Notwithstanding anything to the contrary contained herein, all $100.00 of the Earnest Money shall be considered non-refundable option consideration in consideration for the parties having entered into this Agreement. Any return of the Earnest Money to Buyer pursuant to the terms hereof shall be less the option consideration. b) Buyer will deposit the balance of the Purchase Price into escrow in sufficient time to allow escrow to close on the Closing Date. View More
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Term. The financing arrangements contemplated hereby shall be in effect until the Revolving Credit Termination Date, and any then outstanding Obligations shall be automatically due and payable in full on such date. Lead Borrower may terminate this Agreement at any time upon ten (10) days' prior written notice to the Lenders upon payment in full in cash of the Obligations. The security interests, Liens and rights granted to Lenders hereunder and the other Loan Documents, and the financing statements (a...nd equivalent filings) filed in connection herewith and therewith shall continue in full force and effect, notwithstanding the termination of this Agreement. Accordingly, the Lenders shall not be required to send termination statements to each Loan Party, or to file them with any filing office, until the payment in full in cash of the Obligations shall have occurred. 8.2 Survival of Obligations Upon Termination of Financing Arrangements. Except as otherwise expressly provided for in the Loan Documents, no termination or cancellation (regardless of cause or procedure) of any financing arrangement under this Agreement shall in any way affect or impair the obligations, duties and liabilities of any Borrower or the rights of the Lenders relating to any unpaid portion of the Obligations, due or not due, liquidated, contingent or unliquidated or any transaction or event occurring prior to such termination, or any transaction or event, the performance of which is required after the Revolving Credit Termination Date. Except as otherwise expressly provided herein or in any other Loan Document, all undertakings, agreements, covenants, warranties and representations of or binding upon any Borrower, and all rights of the Lenders, all as contained in the Loan Documents, shall not terminate or expire, but rather shall survive any such termination or cancellation and shall continue in full force and effect until the Termination Date; provided, however that in all events the provisions of Section 11, the payment of obligations under Sections 2.11 and 2.13, and the indemnities contained in the Loan Documents shall survive the Termination Date. View More
Term. The financing arrangements contemplated hereby shall be in effect until the Revolving Credit Commitment Termination Date, and any then outstanding the Revolving Loan and all other Obligations shall be automatically due and payable in full on such date. Lead Borrower may terminate this Agreement at any time upon ten (10) days' prior written notice to the Lenders upon payment in full in cash of the Obligations. The security interests, Liens and rights granted to Lenders hereunder and the other Loa...n Documents, and the financing statements (and equivalent filings) filed in connection herewith and therewith shall continue in full force and effect, notwithstanding the termination of this Agreement. Accordingly, the Lenders shall not be required to send termination statements to each Loan Party, or to file them with any filing office, until the payment in full in cash of the Obligations shall have occurred. 8.2 date 7.2 Survival of Obligations Upon Termination of Financing Arrangements. Except as otherwise expressly provided for in the Loan Documents, no termination or cancellation (regardless of cause or procedure) of any financing arrangement under this Agreement shall in any way affect or impair the obligations, duties and liabilities of any Borrower the Borrowers or the rights of the Agent and Lenders relating to any unpaid portion of the Revolving Loan or any other Obligations, due or not due, liquidated, contingent or unliquidated unliquidated, or any transaction or event occurring prior to such termination, or any transaction or event, the performance of which is required after the Revolving Credit Commitment Termination Date. Except as otherwise expressly provided herein or in any other Loan Document, all undertakings, agreements, covenants, warranties and representations of or binding upon any Borrower, the Borrowers, and all rights of the Lenders, Agent and each Lender, all as contained in the Loan Documents, shall not terminate or expire, but rather shall survive any such termination or cancellation and shall continue in full force and effect until the Termination Date; provided, however that in all events the provisions of Section 11, the payment of obligations under Sections 2.11 1.12 and 2.13, 1.13, and the indemnities contained in the Loan Documents shall survive the Termination Date. View More
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Term. The Option shall continue in effect until the tenth (10th) anniversary of the Grant Date (the "Term"). During the Term, Optionee may exercise the Option in whole or in part at any time and from time to time. Thereafter, the Option (to the extent vested and exercisable) shall expire and become unexercisable. The foregoing notwithstanding, subject to the other provisions of the Plan, if Optionee's employment with, or other service to, the Company terminates for any reason (other than death, Disabi...lity or Cause, as described in the Plan and as outlined below) or for no reason, then (i) any portion of the Option that is not then exercisable shall thereupon terminate, and (ii) any portion of the Option that is then exercisable shall remain exercisable during the 90-day period following such termination or, if sooner, until the expiration of the Term and, to the extent not exercised within such period, shall thereupon terminate. The foregoing notwithstanding, if Optionee's employment with, or other service to, the Company terminates by reason of death or Disability, then the phrase "90-day period following such termination" in subsection (ii) above shall be replaced with the phrase "one-year period following such termination." In addition, notwithstanding anything to the contrary set forth herein, if Optionee's employment or other service is terminated for Cause, then the Option, whether or not then exercisable, shall immediately terminate and cease to be exercisable. View More
Term. The Option shall continue in effect until the tenth (10th) anniversary of the Grant Date (the "Term"). During the Term, Optionee may exercise the Option in whole or in part at any time and from time to time. Thereafter, the Option (to the extent vested and exercisable) shall expire and become unexercisable. The foregoing notwithstanding, subject to the other provisions of the Plan, if Optionee's employment with, or other service to, the Company terminates for any reason (other than death, Disabi...lity or Cause, as described in the Plan and as outlined below) or for no reason, then (i) any portion of the Option that is not then exercisable shall thereupon terminate, and (ii) any portion of the Option that is then exercisable shall remain exercisable during the 90-day period following such termination or, if sooner, until the expiration of the Term and, to the extent not exercised within such period, shall thereupon terminate. The foregoing notwithstanding, if Optionee's employment with, or other service to, the Company terminates by reason of death or Disability, then the phrase "90-day period following such termination" in subsection (ii) above shall be replaced with the phrase "one-year period following such termination." In addition, notwithstanding anything to the contrary set forth herein, if Optionee's employment or other service is terminated for Cause, then the Option, whether or not then exercisable, shall immediately terminate and cease to be exercisable. View More
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Term. The Purchase Price will be paid by Buyer as follows: a) Within three (3) business days of the Effective Date of this Agreement, Buyer will deposit $50,000 (the "Earnest Money") into an interest-bearing account with First American Title Insurance Company, 1380 17th Street, Denver, CO 80202, Attn: Lisa Ray; phone number: (303) 876-1134; email: liray@firstam.com (the "Closing Agent" or "Title Company" or "Escrow Agent"). Upon expiration of the Review Period (as defined below), Earnest Money shall b...ecome non-refundable. The Earnest Money shall be credited against the Purchase Price when and if escrow closes and the sale is completed. b) Buyer will deposit the balance of the Purchase Price into escrow in sufficient time to allow escrow to close on the Closing Date. 1 5. Due Diligence. Buyer will have forty-five (45) days from the Effective Date of this Agreement (the "Review Period") to conduct all of its inspections and due diligence and satisfy itself regarding the Property and this transaction. Buyer agrees to indemnify and hold Seller harmless for any loss or damage to the Property or persons caused by Buyer or its agents arising out of such physical inspections of the Property, and this indemnity shall survive Closing or termination of this Agreement. Within three (3) business days of the Effective Date of this Agreement, Seller shall provide, to the extent such items are in its possession, the items listed on Exhibit "B" ("Seller's Materials"). Buyer may cancel this Agreement before the expiration of the Review Period for any reason in its sole discretion by delivering a cancellation notice to Seller and Closing Agent prior to the expiration of the Review Period. If this Agreement is not cancelled as set forth above, the Earnest Money shall be non-refundable unless Seller shall default hereunder, or in the event of a casualty or condemnation, subject to the provisions of Section 16 below. If Buyer cancels this Agreement before the expiration of the Review Period, as permitted under this Section, except for any escrow cancellation fees charged by the Title Company and any liabilities under the first paragraph of Section 5 of this Agreement and those provisions stating otherwise (which will survive), Seller (after execution of such documents reasonably requested by Seller to evidence the termination hereof) shall return to Buyer its Earnest Money and Buyer will have absolutely no rights, claims or interest of any type in connection with the Property or this transaction, regardless of any alleged conduct by Buyer, Seller or anyone else. If Buyer fails to close this transaction at no fault of Seller, Buyer will be irrevocably deemed in default of this Agreement. Upon default by Buyer, Seller may, as its option, retain the Earnest Money as its sole and exclusive remedy and declare this Agreement null and void, in which event Buyer will be deemed to have cancelled this Agreement and relinquish all rights in and to the Property, or Seller may exercise its rights hereunder. The Review Period will be deemed satisfied if Buyer has deposited the Earnest Money as required by Section 4 hereof, and this agreement is not cancelled. View More
Term. The Purchase Price will be paid by Buyer as follows: a) Within three (3) business days of the Effective Date of this Agreement, Buyer will deposit $50,000 $115,000 (the "Earnest Money") into an interest-bearing a non-interest-bearing account with First American Calloway Title Insurance Company, 1380 17th Street, Denver, CO 80202, and Escrow, LLC; Attn: Lisa Ray; Amanda Calloway; phone number: (303) 876-1134; email: liray@firstam.com 678-406-8918 (the "Closing Agent" or "Title Company" or "Escrow... Agent"). Upon expiration of the Review Period (as defined below), Earnest Money shall become non-refundable. The Agent").The Earnest Money shall be credited against the Purchase Price when and if escrow closes and the sale is completed. b) Buyer will deposit the balance of the Purchase Price into escrow in sufficient time to allow escrow to close on the Closing Date. 1 5. Due Diligence. Buyer will have forty-five (45) twenty-one (21) days from the Effective Date date upon which Seller delivers all of this Agreement Seller's Materials to Buyer, (the "Review Period") to conduct all of its inspections and due diligence and satisfy itself regarding the Property and this transaction. Buyer agrees to indemnify and hold Seller harmless for any loss or damage to the Property or persons caused by Buyer or its agents arising out of such physical inspections of the Property, except to the extent such loss or damage are caused by the actions or negligence of Seller or its agents or any pre-existing condition of the Property, and this indemnity shall survive Closing or termination of this Agreement. Within three (3) business days of the Effective Date of this Agreement, Seller shall provide, to the extent such items are in its possession, the items listed on Exhibit "B" ("Seller's Materials"). Buyer and Seller agree that the date of final receipt of all Seller's Documents shall be memorialized through correspondence to be signed by Buyer and Seller. Buyer may cancel this Agreement before the expiration of the Review Period for any reason reason, or for no reason, in its sole discretion by delivering a cancellation notice to Seller and Closing Escrow Agent prior to the expiration of the Review Period. If this Agreement is not cancelled as set forth above, the Earnest Money shall be non-refundable unless Seller shall default hereunder, or in the event of a casualty or condemnation, subject to the provisions of Section 16 below. If Buyer cancels this Agreement before the expiration of the Review Period, as permitted under this Section, except for any escrow cancellation fees charged by the Title Company and any liabilities under the first paragraph of Section 5 of this Agreement and those provisions stating otherwise (which will survive), Seller (after execution of such documents reasonably requested by Seller to evidence the termination hereof) shall immediately return to Buyer its Earnest Money and Buyer neither party will have absolutely no any rights, claims remedies or interest of any type in connection with the Property or this transaction, regardless of any alleged conduct by Buyer, Seller or anyone else. If Buyer fails to close this transaction at no fault of Seller, Buyer will be irrevocably deemed in default obligations hereunder except as same may expressly survive cancellation of this Agreement. Upon default by Buyer, Seller may, as its option, retain the Earnest Money as its sole and exclusive remedy and declare this Agreement null and void, in which event Buyer will be deemed to have cancelled this Agreement and relinquish all rights in and to the Property, or Seller may exercise its rights hereunder. The Review Period will be deemed satisfied if Buyer has deposited the Earnest Money as required by Section 4 hereof, and this agreement Agreement is not cancelled. cancelled as set forth in this Section 5. View More
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Term. The initial term of this SOW No. 4 (the "Initial Term") shall begin on the Effective Date and it shall expire twelve (12) months thereafter, provided that the term of this SOW No. 4 shall automatically be extended for successive twelve (12) month periods (each a "Renewal Term", with the "Initial Term" and all "Renewal Term(s)" collectively referred to as the "Term"), unless either Party has given the other Party written notice of termination at least three (3) months prior to the expiration of t...he then-current Term. Notwithstanding any such automatic renewal, prior to each anniversary of the Effective Date, the Parties agree to review and meet and confer in good faith regarding any changes to the compensation terms set forth in IV.3. View More
Term. The initial term of this SOW No. 4 3 (the "Initial Term") shall begin on the Effective Date and it shall expire twelve (12) months thereafter, provided that the term of this SOW No. 4 3 shall automatically be extended for successive twelve (12) month periods (each a "Renewal Term", with the "Initial Term" and all "Renewal Term(s)" collectively referred to as the "Term"), unless either Party has given the other Party written notice of termination at least three (3) months prior to the expiration ...of the then-current Term. Notwithstanding any such automatic renewal, prior to each anniversary of the Effective Date, the Parties agree to review and meet and confer in good faith regarding any changes to the compensation terms set forth in IV.3. View More
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Term. The actual term of this Lease (as the same may be extended or earlier terminated in accordance with this Lease, the "Term") commenced on April 6, 2018 (the "Commencement Date") and shall end on December 7, 2033, subject to extension or earlier termination of this Lease as provided herein."
Term. The actual term of this Lease (as the same may be extended or earlier terminated in accordance with this Lease, the "Term") commenced on April 6, 2018 (the "Commencement Date") and shall end on December 7, 2033, 2038, subject to extension or earlier termination of this Lease as provided herein."
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Term. This Agreement shall be for a term commencing on the Amendment Date and ending on the third anniversary of the Amendment Date (such period of employment "Initial Term"), followed by automatic renewals of one (1) year thereafter (each a "Renewal Term" and, together with the Initial Term, "Term") unless the Company or the Executive provides written notice of termination to the other Party at least ninety (90) days prior to the end of the Initial Term or any Renewal Term. For the purposes hereof, t...he termination of this Agreement due to the Company providing written notice of termination pursuant to this Section 1 at least ninety (90) days prior to the end of the Initial Term or any Renewal Term will be deemed to be a termination of Executive's employment by Company without Cause. View More
Term. This Agreement shall be for a term commencing on the Amendment Date and ending on the third anniversary of the Amendment Date (such period of employment "Initial Term"), followed by automatic renewals of one (1) year thereafter (each a "Renewal Term" and, together with the Initial Term, "Term") unless the Company or the Executive Trujillo provides written notice of termination to the other Party at least ninety (90) days prior to the end of the Initial Term or any Renewal Term. For the purposes ...hereof, the termination of this Agreement due to the Company providing written notice of termination pursuant to this Section 1 at least ninety (90) days prior to the end of the Initial Term or any Renewal Term will be deemed to be a termination of Executive's Trujillo's employment by Company without Cause. View More
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