Common use of Initial Term; Term Clause in Contracts

Initial Term; Term. Agreement is effective upon execution and its initial term shall commence on the 28th day of July, 2006 and shall continue as set forth in Paragraph 4.2 of this Agreement. After the Initial Term, the Parties may renew this Agreement for continuous additional Renewal Term(s) of one (1) year unless either Party shall have given written notice of termination to the other Party not less than six (6) months prior to the expiration of the Initial Term, or any Renewal Term.

Appears in 4 contracts

Samples: Definitive Master Agreement (Global Clean Energy Holdings, Inc.), Definitive Master Agreement (Global Clean Energy Holdings, Inc.), Definitive Master Agreement (Global Clean Energy Holdings, Inc.)

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