Common use of CONTRACT TERM AND EXTENSIONS Clause in Contracts

CONTRACT TERM AND EXTENSIONS. The term of this Piggyback Contract shall begin on the date of execution by OGS and shall end upon the expiration or termination of the Master Contract, subject to OGS’ right to terminate this Piggyback Contract as provided herein. It is the intent of the Parties that the term of this Piggyback Contract be coterminous with the term of the Master Contract; accordingly, the term of this Piggyback Contract shall be deemed extended whenever the term of the Master Contract is extended, without the need for the Parties to execute an extension or amendment to this Piggyback Contract.

CONTRACT TERM AND EXTENSIONS. The term of this Piggyback Contract shall begin on the date of execution approval by OGS OSC, pursuant to Section 1.3 NYS Comptroller Approval, and shall end upon the expiration or termination of the Master Contract, subject to OGS’ right to terminate this Piggyback Contract as provided herein. It is the intent of the Parties that the term of this Piggyback Contract be coterminous with the term of the Master Contract; accordingly, the The term of this Piggyback Contract shall be deemed extended whenever the term of the Master Contract is extended, without the need for the Parties to execute an extension or amendment to this Piggyback Contract.