Common use of Initial Term; Renewal Clause in Contracts

Initial Term; Renewal. The initial term of the Agreement shall be for a seven (7) year period beginning on the Date of First Delivery (the "Initial Term"). The Initial Term shall be followed by renewal terms (the "Renewal Terms") of one (1) year that renew automatically unless notice is given by either party at least ninety (90) days prior to any renewal anniversary date.

Appears in 1 contract

Samples: Ethanol Purchase and Sale Agreement (Badger State Ethanol LLC)

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Initial Term; Renewal. The initial term of the Agreement shall be for a seven an eight (7) 8) year period period, beginning on the Date of First Delivery (the "Initial Term"). The Initial Term shall be followed by renewal terms (the "Renewal Terms") of one (1) year that renew automatically unless notice is given by either party at least ninety (90) days prior to any renewal anniversary datethe end of the current term. The Date of First Delivery is defined as November 18, 2008.

Appears in 1 contract

Samples: Ethanol Purchase and Sale Agreement (Cardinal Ethanol LLC)

Initial Term; Renewal. The initial term of the Agreement shall be for a seven an eleven (711) year period period, beginning on the Date of First Delivery (the "Initial Term"). The Initial Term shall be followed by renewal terms (the "Renewal TermsTerm") of one (1) year that renew automatically unless notice is given by either party at least ninety (90) days prior to any renewal anniversary datethe end of the current term. The Date of First Delivery is defined as November 18, 2008.

Appears in 1 contract

Samples: Ethanol Purchase and Sale Agreement (Cardinal Ethanol LLC)

Initial Term; Renewal. The initial term of the Agreement shall be for a seven five (75) year period period, beginning on the Date of First Delivery (the "Initial Term"). The Initial Term shall be followed by renewal terms (the "Renewal Terms") of one (1) year that renew automatically unless notice is given by either party at least ninety (90) days prior to any renewal anniversary datethe end of the current term.

Appears in 1 contract

Samples: Ethanol Purchase and Sale Agreement (Cardinal Ethanol LLC)

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Initial Term; Renewal. The initial term of the Agreement shall be for a seven an eleven (711) year period (the “Initial Term”), beginning on November 18, 2008, the Date of First Delivery (the "Initial Term")Delivery. The Initial Term shall be followed by a renewal terms term (the "Renewal Terms"Term”) of one slightly more than three years (1ending November 30, 2022) that renews automatically for one-year that renew automatically periods unless notice is given by either party at least ninety (90) days prior to any renewal anniversary datethe end of the current term.

Appears in 1 contract

Samples: Ethanol Purchase and Sale Agreement (Cardinal Ethanol LLC)

Initial Term; Renewal. The initial term of the Agreement shall be for a seven twelve (712) year month period beginning on the Date of First Delivery (the "Initial Term"), beginning on the Commencement Date. The Initial Term shall be followed by renewal terms (the "Renewal Terms") of one (1) year each that renew automatically unless notice is given by either party at least ninety (90) days prior to any renewal anniversary datethe end of the current term.

Appears in 1 contract

Samples: Fuel Ethanol Purchase and Sale Agreement (Aemetis, Inc)

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