Exact Term Conclusion Sample Clauses

Exact Term Conclusion. If the Licensee does not issue the Licensor a written 60- day calendar notice on January 1, 2006 and is allowed to continue beyond the last day of the term as written in this agreement, which is February 28, 2006, without a written and executed agreement extension or renewal, including rate increase (at the Licensor’s discretion), the Licensee will automatically have this agreement extended for the same terms and conditions and is still required to provide a written 60-day calendar month notice 60 days before the end of every subsequent 6-month interval (random example of a 60-day written calendar month notice: Licensee must provide written notice on or prior to Noon on March 1, 2006 in order to be released from this agreement on April 30, 2006, presuming that those random dates coincide with the completion of a subsequent 6-month interval). In such event, the Licensee accepts that this agreement shall not be considered terminated, regardless of the term conclusion date stated above, unless and until a written notice, as explained above, is submitted by the Licensee to the Licensor. The Licensee accepts that it is responsible or paying License Fees to the Licensor up to and including the 60-day calendar month written notice period, as described above, has concluded, even if that date is after the term conclusion date stated above, and that the retainer fee/security deposit is not to be used or applied towards any outstanding invoices before the term of this license has completed. The Licensee also accepts that any partial month of occupancy will be billed as a full month of occupancy.