Contract Term and Renewal Sample Clauses

Contract Term and Renewal. This Contract shall begin on the Effective Date and shall continue for three years thereafter, ending at 11:59 pm (the “Initial Term”). SRTA may elect to renew this Contract on the same terms and conditions for up to two (2) additional renewal periods with a term of up to one (1) year each (each a “Renewal Term”). The renewal of the Contract shall be at the sole discretion of SRTA.
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Contract Term and Renewal. The contract with the Rate Consultant will be for a term of two (2) years with the option of extending the contract for additional two (2) year terms. The Utility Policy Committee shall determine whether the Rate Consultant’s contract shall be extended for additional two (2) year terms. The contract term shall expire in April. The Utility Policy Committee shall make the determination whether to extend the Rate Consultant’s contract within sixty (60) days after the end of the previous two (2) year term. At the termination of the contract, including any extension, the advertisement, interview and selection process set forth in this Article shall be repeated. Nothing in this Article shall be construed to prohibit the City from terminating the contract with the Rate Consultant for a material breach of the terms of the contract prior to the end of its 2-year term or any extension of its term.
Contract Term and Renewal. This Contract shall be effective upon the Effective Date and shall expire June 30, 2021, ending at 11:59 pm (the “Initial Term”). The Authorities may elect to renew this Contract on the same terms and conditions for up to two (2) renewal periods with a term of up to one (1) year each (each a “Renewal Term”). Renewal of this Contract shall be at the sole discretion of the Authorities. The Initial Term and any Renewal Term may be referred to collectively as the "Term." Any extension of the Term of the Contract must be in writing and signed by the Parties to the Contract.
Contract Term and Renewal. This Contract shall begin on the Effective Date and shall continue until June 30, 2019 11:59 pm (local Atlanta time) (the “Initial Term”). SRTA may elect to renew this Contract on the same terms and conditions for up to four (4) additional renewal periods with a term of up to three (3) years each (each renewal a “Renewal Term”). The Initial Term and any and all Renewal Terms may be referred to collectively as the “Term.” The renewal of the Contract shall be at the sole discretion of SRTA and evidenced by an Amendment signed by both Parties. Subsequent to the execution of the Contract by both Parties, the Work to be rendered by the TSI Contractor shall commence by project once SRTA issues the TSI Contractor a Notice to Proceed for a project.
Contract Term and Renewal. 13.1. The term of this Contract shall be for one (1) year beginning on ______________, 2006, and terminating at midnight on ____________, 2007, with an option to renew thereafter for each of the next three 12 (twelve) month periods, unless terminated as provided in Article XVII below. If the Owner decides to exercise the option to renew, it shall be in written form to Contractor, thirty (30) days prior to the expiration of the Contract. In the event that the Contract is renewed, the terms and conditions will remain unchanged except as changed under Article XV below.
Contract Term and Renewal. 13.1 The term of this Contract shall be for one (1) year beginning on January 1st 2023, and terminating at midnight on December 31st 2023, with an option to renew thereafter for successive twelve (12) month period, up to six (6) years; based on the results of yearly vendor performance assessment by the Director of the Department of General Services, unless terminated as provided in Article XVII below. If the Owner decides to exercise the option to renew, it shall be in written form to Contractor, thirty (30) days prior to the expiration of the Contract. In the event that the Contract is renewed, the terms and conditions will remain unchanged except as changed under Article XV below.
Contract Term and Renewal. The initial term of the contract shall be two years or as noted in the “OFFICE USE ONLY” section below and shall continue in effect on a monthly basis thereafter unless notified by either party giving at least sixty (60) days advance written notice to cancel the contract. In the event of any conflict between these provisions and other executed Contract, the latter shall control.
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Contract Term and Renewal. The term of the Agreement shall be for a period of one year from the Effective Date. The Agreement may be renewed by mutual agreement of the Parties for three additional one-year periods. The mutual agreement will include the price for that up-coming year.
Contract Term and Renewal. The term of this contract will be years from its inception date. If neither party, individually or jointly, expresses their intention to terminate the contract, it will be renewed for the same initial term agreed upon. 9.
Contract Term and Renewal. 6 5.2 Personnel 7
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