Term Of This Agreement
Other confidential information. In combination with all other confidential information, the commitments of this Agreement shall commence on the date of entry into force and shall last for a period of [COMMITMENT PERIOD]. Note that you do not have to include a schedule in the boilerplate provisions that would come into play if one party sues the other after the termination of the agreement. These include provisions on jurisdiction, legislation and communications in force. For more information on this, see this article on survival. Fair market value. If [PART A] decides to acquire assets in accordance with paragraph [OPTION OF PART A], [PART A] shall pay for each asset the fair value of the asset determined on the effective date of the acquisition and taking into account the depreciation and condition of the asset. To the extent that use is expressly permitted by the Framework Agreement, SAP grants supplier, for the term of the agreement, a revocable, non-exclusive, non-transferable license to use the logo in accordance with the guidelines for using the SAP partner logo in all countries authorized under the agreed program and in accordance with the terms of this Section 5. whereas that clause contains provisions which concern only the actual duration of the agreement itself. (For example, some leases contain provisions regarding the start date of the lease, the consequences of delays in tendering for detention, etc. Such substantive provisions should be dealt with elsewhere in the agreement.) Extension to new conditions. .