Make sure that this clause contains provisions that only concern the actual duration of the agreement itself. (Some contracts. B of the lease contain provisions relating to the beginning of the lease, the consequences of delays in the award of possession, possession, etc. These notions of content should be addressed elsewhere in the agreement.) The initial concept. This agreement begins at [date of entry into force/ [DATE, MONTHS]] and continues for [TERM MONTHS] months, unless they are terminated earlier (the “initial period”). Disputes over the purchase price. If the parties fail to agree on the fair value of the assets to make use of the call option within 30 business days of receiving the [PARTY A] notification, fair value is determined by three professionally certified appraisers, one of whom is chosen by each party, and by the two selected parties. Fair market value. If [PARTY A] opts to acquire assets in accordance with paragraph [PARTY A`S OPTION], [PARTY A] pays for each asset the fair value of the assets determined at the time of the acquisition and to take into account reasonable amortization and the status of the asset. Renewal options.
Subject to paragraph [ELIGIBILITY FOR RENEWAL], [PARTY B] [PARTY A] [PARTY A] may at least [renewal period] working days at [PARTY A] communications, [PARTY B] may extend the granting of the [DELIVEable] by two additional consecutive terms (an “extension period” each). Note that you do not need to include a schedule in the building rules that would come into play if one party sues the other after the contract is terminated. These include provisions relating to jurisdiction, applicable legislation and notices. You can find out more about this in this article on survival. However, if you deviate from the standard rule, you may have to consider, for the duration of the agreement, the duration of a particular provision: “In its decision, the Court analyzed the underlying principle of “empty possession” and found that “empty possession” is not only a tenant`s right to own his premises in court, but also the right of a tenant to physically enjoy his premises physically with the real power to exercise. The existence of a physical disability seriously affecting the use of the premises by the tenant to whom the tenant has not given his consent is no different from the handicap caused to a tenant by the presence of an offender.” To the extent that use is expressly permitted under the framework contract, SAP grants the supplier, for the duration of the contract, a revocable, non-exclusive and non-transferable license for the use of the logo in accordance with the SAP logo usage guidelines in all countries, which are authorized in accordance with the scope of the agreed program and in accordance with the provisions of this section 5. The duration of the contract is “at will” and can be terminated by the trader for no reason, after thirty (30) days of written termination and without penalty. For the duration of the agreement, [company] Jones pays $1,000 per month in compensation, calculated for income tax purposes, and reimburses Jones for all gas and maintenance costs he incurred while operating his car.