Common use of Auto-Renewal Clause in Contracts

Auto-Renewal. Upon expiration of the initial term (or subsequent renewal terms per this Section 2.3) this Agreement will auto renew in twenty-four (24) month increments unless either Party notifies the other Party at least 90 days prior to the expiration date of the then current term. Upon the provision of such notice, the “Effective Termination Date” shall be the expiration of the initial/renewal term.

Appears in 4 contracts

Samples: Property Management Agreement (Arrived STR 2, LLC), Property Management Agreement (Arrived STR, LLC), Property Management Agreement (Arrived STR, LLC)

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Auto-Renewal. Upon expiration At the end of the initial term (or subsequent renewal terms per this Section 2.3) this Initial Term and each anniversary of the Initial Term, the Agreement will auto automatically renew in twentyfor a successive twelve-four (24) month increments period unless either Party notifies the other Party at least 90 party gives 30 days prior written notice of its intent not to the expiration date of the then current term. Upon the provision of such notice, the renew (each 12-month period a Effective Termination Date” shall be the expiration of the initial/renewal termRenewal Term”).

Appears in 1 contract

Samples: Google Cloud Platform License Agreement

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