Common use of Duration and Denunciation Clause in Contracts

Duration and Denunciation. 1. This Agreement shall be concluded for five years and, unless otherwise disposed, it will be tacitly renewable for successive periods of the same duration.

Duration and Denunciation. 1. This Agreement shall be concluded for five years and, unless otherwise disposeda Party notifies in writing the other Party of its intention to terminate the Agreement at least six months before the expiration of that period, it will be tacitly renewable for successive periods of the same durationfive years.