Common use of Initial and Renewal Terms Clause in Contracts

Initial and Renewal Terms. This Agreement shall be effective as of the Effective Date and shall continue for one (1) year therefrom. This Agreement shall renew automatically for successive one-year terms unless one party gives the other party thirty (30) days advance written notice before the end of the then-current term. Upon annual payment of its Member Dues or submission of its Contribution, Participant is deemed to have accepted any amendments or modifications to this Agreement in effect at the time of such payment, provided that such amendments or modifications were duly approved by the Board of Directors. Upon written request, DNS-OARC shall make available to Participant a copy of the then-current version of this Agreement and a copy of the Agreement most recently executed by Participant.

Appears in 3 contracts

Samples: Participation Agreement, Participation Agreement, Participation Agreement

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Initial and Renewal Terms. This Agreement shall be effective as of the Effective Date and shall continue for one (1) year therefrom. This Agreement shall renew automatically for successive one-year terms unless one party gives the other party thirty (30) days advance written notice before the end of the then-current term. Upon annual payment of its Member Dues or submission of its Contributionannual Participation Dues, Participant is deemed to have accepted any amendments or modifications to this Agreement in effect at the time of such payment, provided that such amendments or modifications were duly approved by the Board of Directors. Upon written request, DNS-OARC shall make available to Participant a copy of the then-current version of this Agreement and a copy of the Agreement most recently executed by Participant.

Appears in 2 contracts

Samples: Participation Agreement, Participation Agreement

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Initial and Renewal Terms. This Agreement shall be effective as of the Effective Date and shall continue for one (1) year therefrom. This Agreement shall renew automatically for successive one-year terms unless one party gives the other party thirty (30) days advance written notice before the end of the then-current term. Upon annual payment of its Member annual Participation DuesMember Dues or submission of its Contribution, Participant is deemed to have accepted any amendments or modifications to this Agreement in effect at the time of such payment, provided that such amendments or modifications were duly approved by the Board of Directors. Upon written request, DNS-OARC shall make available to Participant a copy of the then-current version of this Agreement and a copy of the Agreement most recently executed by Participant.

Appears in 1 contract

Samples: Participation Agreement

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