Common use of Commitment Term Clause in Contracts

Commitment Term. The “Initial Commitment Term” shall commence as of the [***] Commencement Date and shall terminate automatically on December 31, 2017. The Initial Commitment Term may be extended in twelve (12) month increments by the mutual written agreement of the Parties achieved at least [***] ([***]) months prior to the end of the existing Initial Commitment Term (together with the Initial Commitment Term, the “Commitment Term”).

Appears in 4 contracts

Samples: Detailing Agreement, Detailing Agreement, Detailing Agreement (Relypsa Inc)

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