PURPOSE AND TERM OF AGREEMENT Sample Clauses

PURPOSE AND TERM OF AGREEMENT. (a) Purpose; Binding MOU. This MOU sets forth the material terms of proposed agreements between the Parties with respect to OVG’s proposed lease of the Arena, including OVG’s design and construction of the Arena Tenant Improvements (as defined in Section 89(q)) and long-term operation of the Arena. Upon satisfaction of the conditions precedent set forth herein, the terms of this MOU shall be memorialized in a Development Agreement (“Development Agreement”), a Lease Agreement (“Lease Agreement”), and a Seattle Center Integration Agreement (“Seattle Center Integration Agreement”), as well as such ancillary documents as may be mutually agreed by the Parties as necessary to further implement the terms of those agreements (collectively, the “Transaction Documents”). The Parties intend this MOU to be a binding and enforceable agreement regarding:DRAFT(i) the process to be followed by the Parties to complete review of the Development Project pursuant to the State Environmental Policy Act, Chapter 43.21C of the Revised Code of Washington (“RCW”), and the state and local implementing rules promulgated thereunder (collectively, “SEPA”), and (ii) the Parties’ commitment to negotiate the Transaction Documents in good faith consistent with the terms, conditions, and limitations of this MOU. Each Party acknowledges that the other Party is devoting significant time and resources to prepare for the Development Project in reliance upon the commitments of each Party to negotiate the Transaction Documents in good faith, consistent with the terms, conditions, and limitations of this MOU.
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PURPOSE AND TERM OF AGREEMENT. This MOU sets forth the basic terms of proposed agreements among the Parties with respect to the Project, which terms will be memorialized in future agreements and other documents (“Transaction Documents”). The Arena will be designed to host an NBA Team and an NHL Team, and is expected to host other sporting events, family shows, concerts, graduations, and civic and other events. This Agreement will terminate upon the earlier of the effective date of the Umbrella Agreement (defined in paragraph 7) or five (5) years from the Effective Date of this MOU.
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PURPOSE AND TERM OF AGREEMENT. 2.1 The purpose of this Agreement is to document the terms and conditions for the collection, use, disclosure, retention, safeguarding and destruction of certain Personal Information by the Parties in compliance with FIPPA.
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PURPOSE AND TERM OF AGREEMENT. PURPOSE To facilitate the analysis of Point-in-Time (PiT) Counts of homelessness in communities across Canada, the [PROVIDING ENTITY]and the [RECEIVING ENTITY] are entering into an agreement that will allow the exchange of PiT Count data. [PROVIDING ENTITY] will provide locally collected PiT Count data to [RECEIVING ENTITY], which will be used to produce a draft report on homelessness in that community. Following analysis, the parties may decide to co-author a report on the findings, or a report may be authored by either party with input from the other party (with proper consultation and acknowledgement). This decision will be made following the initial data analysis supplied by[RECEIVING ENTITY]. The supplied data will only be used for research and/or analytical purposes and will not be used for any other purpose. No data elements will be altered by the [RECEIVNG ENTITY].Both parties’ rights and responsibilities with respect to the data are specified in this Agreement.
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PURPOSE AND TERM OF AGREEMENT. A. The purpose of this Agreement is to provide a mechanism for identifying and collecting the funds necessary for all activities required for the development and submission of a GSP covering the Basin by January 31, 2022.
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PURPOSE AND TERM OF AGREEMENT. The purpose of this agreement is to state the duties and obligations of handler and owner concerning the placing of the described dog with handler to be shown at dog shows licensed, sanctioned or recognized by the American Kennel Club. This agreement shall remain in force until such time as it is terminated in writing by either party.
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PURPOSE AND TERM OF AGREEMENT. The City hereby enters into this agreement with Xxxxxxx Xxxxxx for the services as APPOINTED CITY ATTORNEY for the CITY for Fiscal Year 2022, which ends on September 30, 2022. This Agreement is renewable on an annual basis at the beginning of each Fiscal Year.
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PURPOSE AND TERM OF AGREEMENT 
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Related to PURPOSE AND TERM OF AGREEMENT

  • Effective Date and Term of Agreement This Agreement is effective and binding on the Company and Employee as of the date hereof; provided, however, that, subject to Section 2(d), the provisions of Sections 3 and 4 shall become operative only upon the Change in Control Date.

  • Term of Agreement This Agreement shall continue in full force and effect until the tenth (10th) anniversary of Bank Closing; provided, that the provisions of Section 6.3 and 6.4 shall survive the expiration of the term of this Agreement; and provided further, that the receivership of the Failed Bank may be terminated prior to the expiration of the term of this Agreement, and in such event, the guaranty of the Corporation, as provided in and in accordance with the provisions of Section 12.7 shall be in effect for the remainder of the term of this Agreement. Expiration of the term of this Agreement shall not affect any claim or liability of any party with respect to any (i) amount which is owing at the time of such expiration, regardless of when such amount becomes payable, and (ii) breach of this Agreement occurring prior to such expiration, regardless of when such breach is discovered.

  • Term of Agreement and Termination 2.1. This Agreement enters into effect at the time of acceptance of this Agreement.

  • Term and Termination of Agreement 1. This Agreement shall run for a period of one (1) year from the date first written above and will be renewed from year to year thereafter unless terminated by either party as provided hereunder.

  • DURATION AND TERMINATION OF AGREEMENT This Agreement shall become effective with respect to each Portfolio on the later of (i) its execution and (ii) the date of the meeting of the Board of Trustees of the Trust, at which meeting this Agreement is approved as described below. The Agreement will continue in effect for a period more than two years from the date of its execution only so long as such continuance is specifically approved at least annually either by the Trustees of the Trust or by a majority of the outstanding voting securities of each of the Portfolios, provided that in either event such continuance shall also be approved by the vote of a majority of the Trustees of the Trust who are not interested persons (as defined in the Investment Company Act) of any party to this Agreement cast in person at a meeting called for the purpose of voting on such approval. Any required shareholder approval of the Agreement or of any continuance of the Agreement shall be effective with respect to any Portfolio if a majority of the outstanding voting securities of the series (as defined in Rule 18f-2(h) under the Investment Company Act) of shares of that Portfolio votes to approve the Agreement or its continuance, notwithstanding that the Agreement or its continuance may not have been approved by a majority of the outstanding voting securities of (a) any other Portfolio affected by the Agreement or (b) all the portfolios of the Trust. If any required shareholder approval of this Agreement or any continuance of the Agreement is not obtained, the Subadviser will continue to act as investment subadviser with respect to such Portfolio pending the required approval of the Agreement or its continuance or of a new contract with the Subadviser or a different adviser or subadviser or other definitive action; provided, that the compensation received by the Subadviser in respect of such Portfolio during such period is in compliance with Rule 15a-4 under the Investment Company Act. This Agreement may be terminated at any time, without the payment of any penalty, by the Trustees of the Trust, by the vote of a majority of the outstanding voting securities of the Trust, or with respect to any Portfolio by the vote of a majority of the outstanding voting securities of such Portfolio, on sixty days' written notice to the Adviser and the Subadviser, or by the Adviser or Subadviser on sixty days' written notice to the Trust and the other party. This Agreement will automatically terminate, without the payment of any penalty, in the event of its assignment (as defined in the Investment Company Act) or in the event the Advisory Agreement between the Adviser and the Trust terminates for any reason.

  • COMMENCEMENT AND TERMINATION OF AGREEMENT 18 4.1 Term 18 4.2 Effect of Termination on Obligations; Survival 19 4.3 Mutual Termination 19 4.4 Early Termination 19

  • Amendment and Termination of Agreement (a) We may amend any provision of this Agreement by giving you written notice of the amendment. Either party to this Agreement may terminate the Agreement without cause by giving the other party at least thirty (30) days' written notice of its intention to terminate. This Agreement will terminate automatically in the event of its assignment (as defined in the 1940 Act).

  • Duration and Termination of the Agreement This Agreement shall become effective upon its execution; provided, however, that this Agreement shall not become effective unless it has first been approved (a) by a vote of the Independent Trustees, cast in person at a meeting called for the purpose of voting on such approval, and (b) by an affirmative vote of a majority of the outstanding voting shares of the Fund. This Agreement shall remain in full force and effect continuously thereafter, except as follows:

  • Term and Termination of the Agreement 15.1. Term and duration of the Agreement The Standard Transmission Agreement shall enter into force on the Start Date of this Standard Transmission Agreement and shall be effective for an undetermined term.

  • Form of Agreement If a vendor submitting an Proposal requires TIPS and/or TIPS Member to sign an additional agreement, a copy of the proposed agreement must be included with the proposal. In response to submitted supplemental Vendor Agreement documents, TIPS will review proposed vendor Agreement documents. Supplemental Vendor’s Agreement documents shall not become part of TIPS’s Agreement with vendor unless and until an authorized representative of TIPS reviews and approves it.

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