Initial Term and Renewal Term. Initial Term
Initial Term and Renewal Term. 4.1.1 This Agreement is concluded between the Parties for a period of one (1) year starting from the Effective Date (the "Initial Term"), and shall continue indefinitely thereafter (the "Renewal Term") (a) unless either Party has given to the other Party a written notice of termination not less than three (3) months before the expiry of the Initial Term, or (b) until terminated by either Party in accordance with Clauses 3.5.2, 4.1.2 or 4.2. For the purposes of this Agreement the Initial Term and any applicable Renewal Term shall collectively be referred to as the "Term". Provisions of this Agreement shall apply to both Initial Term and the Renewal Term save where the context requires otherwise. 4 DOBA TRVANIA A UKONČENIE ZMLUVY 4.1. Počiatočné obdobie a Obnovené obdobie 4.1.1. Táto zmluva je Stranami uzavretá na dobu jeden (1) rok. počnúc Dňom účinnosti zmluvy („Počiatočné obdobie“), a následne bude pokračovať na neurčitú dobu (ďalej ako „Obnovené obdobie“) (a) pokiaľ ktorákoľvek Strana nedoručí druhej Strane písomnú výpoveď najneskôr tri (3) mesiace pred ukončením Počiatočného obdobia, alebo (b) pokiaľ nebude Zmluva vypovedaná ktoroukoľvek stranou podľa článkov 3.5.2, 4.1.2 alebo 4.2. Pre účely tejto zmluvy Počiatočné obdobie a akékoľvek príslušné Obnovené obdobie sa bude spoločne označovať ako „Doba trvania zmluvy”. Ustanovenia tejto zmluvy sa použijú v Pôvodnom období aj v Obnovenom období, pokiaľ z kontextu neplynie niečo iné.
Initial Term and Renewal Term. The Term of this Agreement shall be for an initial period of three (3) years after the Effective Date of this Agreement and shall be automatically renewed for any successive period, provided that neither PSAS nor ASA shall have given notice of termination of this Agreement sixty (60) days before the end of the initial term or any renewal term, or unless otherwise terminated in accordance with this Agreement.
Initial Term and Renewal Term. The term of the Agreement shall be FIVE years from the date of this renewal, to be automatically renewed for equal terms unless either party notifies the other, in writing, within sixty (60) days of the desire not to renew this Agreement. All other terms and conditions of the renewed Agreement shall remain in force without modification.
Initial Term and Renewal Term. Unless sooner terminated in accordance with Section 18(c), the initial term of this Agreement shall be one (1) year and thereafter this Agreement shall be renewed on an annual basis unless mutually agreed to by both parties.
Initial Term and Renewal Term. For the purposes of the Agreement, the terms “Initial Term” and “Renewal Term” shall be defined as follows in accordance with Your Service Plan:
Initial Term and Renewal Term. Shall be changed to read as follows:
Initial Term and Renewal Term. This Agreement becomes effective when signed by both parties (“Effective Date”) and, unless earlier terminated as provided herein, expires three years from the delivery date of an apparatus described in Exhibit B. OSFM may, by providing written notice of its intent to renew at any time during the Initial Term, renew this Agreement at the mutual agreement of both parties. During the Initial Term or the Renewal Term, the Parties may discuss transferring permanent ownership of the apparatus to Recipient. The decision to transfer permanent ownership of the apparatus is within OSFM’s sole discretion. Section 3 - Reserved RESERVED
Initial Term and Renewal Term. The term of this Agreement will commence as of January 1, 2012 and end on December 31, 2014. This Agreement may be terminated prior to December 31, 2014 in the manner described in Paragraph 2.2. At its discretion, the Authority may extend the Agreement for two one-year periods.
Initial Term and Renewal Term. This Agreement shall commence on the Effective Date and shall continue for one year (the “Initial Term”). Following the Initial Term, this Agreement shall automatically renew for successive terms of one (1) year each (each a “Renewal Term,” and collectively with the Initial Term, the “Term”), subject to the right of either Party to give the other written notice at least sixty (60) days prior to the end of the Initial Term or Renewal Term then in effect, as the case may be, that it does not intend to renew this Agreement, in which case this Agreement shall terminate at the expiration of the Term then in effect.
