Common use of Initial Term; Renewal Clause in Contracts

Initial Term; Renewal. The Initial Term of this Lease will begin on the earlier of either the date the Products are installed or five (5) days after the Products are shipped by the Supplier and will continue for the number of months shown on the order form (“Initial Term”). Unless You notify Us in writing at least ninety (90) days before the end of the Initial Term that You intend to return the Products at the end of the Initial Term, this Lease will automatically renew for periods of one (1) year each (each a “Renewal Period”). The amount You pay for the Products will remain unchanged during each Renewal Period. We will not notify You that the Initial Term or any Renewal Period is ending. You may terminate this Lease at the conclusion of any Renewal Period by giving Us ninety (90) days prior written notice of Your intent to do so. If You notify Us in writing that You intend to terminate the Lease, as set forth above, You shall return the Products pursuant to Section 14 of this Lease.

Appears in 2 contracts

Samples: Product Lease, Product Lease

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Initial Term; Renewal. The Initial Term of this Lease will begin on the earlier of either the date the Products are installed or five (5) days after the Products are shipped by the Supplier and will continue for the number of months shown on the order form Order Form (“Initial Term”). Unless You notify Us in writing at least ninety (90) days before the end of the Initial Term that You intend to return the Products at the end of the Initial Term, this Lease will automatically renew for periods of one (1) year each consecutive terms equal to the billing cycle listed on the Order Form (each a “Renewal Period”). The amount You pay for the Products will remain unchanged during each Renewal Period. We will not notify You that the Initial Term or any Renewal Period is ending. You may terminate this Lease at the conclusion of any Renewal Period by giving Us ninety thirty (9030) days prior written notice of Your intent to do so. If You notify Us in writing that You intend to terminate the Lease, as set forth above, You shall return the Products pursuant to Section 14 of this Lease.

Appears in 2 contracts

Samples: Product Lease Agreement, Product Lease Agreement

Initial Term; Renewal. The Initial Term of this Lease will begin on the earlier of either the date the Products are installed or five (5) days after the Products are shipped by the Supplier and will continue for the number of months shown on the order form Order Form (“Initial Term”). Unless You notify Us in writing Unless, at least ninety (90) days before the end of the Initial Term Term, You: (i) notify Us that You intend to return the Products at the end of the Initial TermTerm by calling 0-000-XXXXXXX (000-0000); and (ii) send written notice to Us in the manner We instruct You when You call, this Lease will automatically renew for periods of one (1) year each on a quarter-to-quarter basis, except as prohibited by law (each a “Renewal Period”). The amount You pay for the Products will remain unchanged during each Renewal Period. We will not notify You that the Initial Term or any Renewal Period is ending. You may terminate this Lease at the conclusion of any Renewal Period by giving Us ninety thirty (9030) days prior written notice of Your intent to do so. If You notify Us in writing that You intend to terminate the Lease, as set forth above, You shall return the Products pursuant to Section 14 of this Lease.

Appears in 1 contract

Samples: Product Lease Agreement

Initial Term; Renewal. The Initial Term of this Lease will begin on the earlier of either the date the Products are installed or five (5) days after the Products are shipped by the Supplier and will continue for the number of months shown on the order form Order Form (“Initial Term”). Unless You notify Us in writing Unless, at least ninety (90) days before the end of the Initial Term Term, You: (i) notify Us that You intend to return the Products at the end of the Initial TermTerm by calling 1-800-NEOPOST (636-7678); and (ii) send written notice to Us in the manner We instruct You when You call, this Lease will automatically renew for periods of one (1) year each on a quarter-to- quarter basis, except as prohibited by law (each a “Renewal Period”). The amount You pay for the Products will remain unchanged during each Renewal Period. We will not notify You that the Initial Term or any Renewal Period is ending. You may terminate this Lease at the conclusion of any Renewal Period by giving Us ninety thirty (9030) days prior written notice of Your intent to do so. If You notify Us in writing that You intend to terminate the Lease, as set forth above, You shall return the Products pursuant to Section 14 of this Lease.

Appears in 1 contract

Samples: Product Lease Agreement

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Initial Term; Renewal. The Initial Term of this Lease will begin on the earlier of either the date the Products are Equipment is installed or five (5) days after the Products are Equipment is shipped by the Supplier and will continue for the number of months shown on the order form (“Initial Term”). Unless You notify Us in writing at least ninety (90) days before the end of the Initial Term that You intend to return the Products Equipment at the end of the Initial Term, this Lease will automatically renew for periods of one (1) year each (each a “Renewal Period”). The , at the same payment amount You pay for as the Products will remain unchanged during each Renewal PeriodInitial Term. We will not notify You that the Initial Term or any Renewal Period is ending. You may terminate this Lease at the conclusion of any Renewal Period by giving Us ninety (90) days prior written notice of Your intent to do so. If You notify Us in writing that You intend to terminate the Lease, as set forth above, You shall return the Products Equipment pursuant to Section 14 of this Lease.

Appears in 1 contract

Samples: Lease Agreement

Initial Term; Renewal. The Initial Term of this Lease will begin on the earlier of either the date the Products are installed or five (5) days after the Products are shipped by the Supplier and will continue for the number of months shown on the order form Order Form (“Initial Term”). Unless You notify Us in writing Unless, at least ninety (90) days before the end of the Initial Term Term, You: (i) notify Us that You intend to return the Products at the end of the Initial TermTerm by calling 0-000-XXXXXXX (000-0000); and (ii) send written notice to Us in the manner We instruct You when You call, this Lease will automatically renew for periods of one (1) year each on a quarter-to- quarter basis, except as prohibited by law (each a “Renewal Period”). The amount You pay for the Products will remain unchanged during each Renewal Period. We will not notify You that the Initial Term or any Renewal Period is ending. You may terminate this Lease at the conclusion of any Renewal Period by giving Us ninety thirty (9030) days prior written notice of Your intent to do so. If You notify Us in writing that You intend to terminate the Lease, as set forth above, You shall return the Products pursuant to Section 14 of this Lease.

Appears in 1 contract

Samples: Product Lease Agreement

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