Common use of COMMENCEMENT AND TERMINATION OF THIS AGREEMENT Clause in Contracts

COMMENCEMENT AND TERMINATION OF THIS AGREEMENT. 5.1 This agreement begins from and shall endure for a 3 (three) year period, whereafter it will automatically renew for further periods of 3 (three) years at a time, unless written notice of termination is given by either party 3 (three) months before the date the agreement is set to be renewed automatically. 5.2 This agreement may be cancelled without liability or penalty by: 5.2.1 The Body Corporate on 2 (two) calendar months’ notice if the cancellation is first approved by a special resolution passed at a general meeting of owners; 5.2.2 The Managing Agent on 2 (two) calendar months’ notice.

COMMENCEMENT AND TERMINATION OF THIS AGREEMENT. 5.1 This agreement begins from / / 20 and shall endure for a 3 (three) year period, whereafter it will automatically renew for further periods of 3 (three) years at a time, unless written notice of termination is given by either party 3 (three) months before the date the agreement is set to be renewed automatically. 5.2 This agreement may be cancelled without liability or penalty by: 5.2.1 The Body Corporate Association on 2 3 (twothree) calendar months’ notice if the cancellation is first approved by a special resolution passed at a general meeting of owners; 5.2.2 The Managing Agent on 2 (two) calendar months’ notice.

COMMENCEMENT AND TERMINATION OF THIS AGREEMENT. 5.1 This agreement begins from and shall endure for a 3 (three) year period, whereafter it will automatically renew for further periods of 3 (three) years at a time, unless written notice of termination is given by either party 3 (three) months before the date the agreement is set to be renewed automatically. 5.2 This agreement may be cancelled without liability or penalty by: 5.2.1 The Body Corporate Association on 2 (two) calendar months’ notice if the cancellation is first approved by a special resolution passed at a general meeting of owners;. 5.2.2 The Managing Agent on 2 (two) calendar months’ notice.