Common use of Maintenance Term Clause in Contracts

Maintenance Term. The term of this Capital Maintenance Agreement includes an initial five-year term and two additional options to extend the initial term. The maximum term of this Capital Maintenance Agreement, including both extensions thereof, is 15 years.

Appears in 3 contracts

Samples: Capital Maintenance Agreement, Capital Maintenance Agreement, Capital Maintenance Agreement

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Maintenance Term. The term of this Capital Maintenance Agreement includes an initial five-year optional term and two additional options to extend the initial term. The maximum term of this Capital Maintenance Agreement, including both extensions thereof, is 15 years.

Appears in 2 contracts

Samples: Capital Maintenance Agreement, Disputes Board Agreement

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