Optional Renewal Terms. After the conclusion of the Initial Term, USAC will have the right to extend the Contract Term by exercising up to _______ (__) one-year optional renewal terms (“Optional Renewal Terms”).
Optional Renewal Terms. In addition to the base period of one (1) year, there are (_) (insert number of renewals) one-year optional renewal terms (each a "Renewal Term") to be exercised at the sole discretion of APS. Additionally, as required by O.C.G.A. § 20-2-506, this Contract shall terminate absolutely and without further obligation on the part of APS at the close of the calendar year in which it was executed and at the close of each succeeding calendar year for which it may be renewed, unless earlier terminated as provided in this Agreement or renewed as provided herein. During the Term, this Contract will be automatically renewed for the following calendar year unless this Contract is terminated in accordance with the provisions of Article VII herein below.
Optional Renewal Terms. After the initial term as defined in Section 5 of this Agreement, Town shall have the option to renew this Agreement for one (1) additional three (3) years optional renewal term. Contractor may prohibit the Town from exercising an optional renewal term by providing written notice to the Town on or before eighteen (18) months preceding the scheduled date of expiration of the initial term or the then current optional renewal term of this Agreement. If the Contractor does not provide written notice to the Town on or before eighteen (18) months preceding the scheduled date of expiration of the initial term or the then current optional renewal term of this Agreement prohibiting the Town from exercising the optional renewal term, the Town may upon written notice to Contractor not later than sixty (60) calendar days preceding the scheduled date of expiration of the initial term or the then current optional renewal term of this Agreement of the Town’s intent to exercise the optional renewal term. This provision in no way limits the Town’s right to terminate this Agreement at any time during the initial term or any optional renewal term thereof pursuant to the provisions in this Agreement. SECTION 6: RESIDENTIAL SERVICES [MUNICIPAL SOLID WASTE SERVICES, BULK WASTE SERVICES, RECYCLING SERVICES, GREEN WASTE SERVICES, AND/OR HOUSEHOLD HAZARDOUS WASTE SERVICES] 6.1 Residential Services [Municipal Solid Waste Services, Bulk Waste Services, Recycling Services, Green Waste Services, and Household Hazardous Waste Services] for Residential Service Units
Optional Renewal Terms. The parties may renew this Agreement for up to three (3) additional one (1) year optional renewal terms by mutual agreement in writing. The City must advise the Contractor at least nine (9) months from expiration of the initial term or a renewal term. If Contractor does not agree to the renewal within one (1) month of such notification, it will be assumed they do not agree. This provision in no way limits City’s right to terminate this Agreement at any time during the initial term or any optional renewal term thereof pursuant to the provisions in this Agreement.
Optional Renewal Terms. This Agreement may continue after the Initial Term for Optional Renewal Term(s) upon the mutual agreement of the parties hereto. Six months prior to the expiration of the Initial Term, JAMtv and DOWNBEAT shall begin to negotiate in good faith in order to determine whether to enter into an Optional Renewal Term of two (2) years.
Optional Renewal Terms. At any time following the Second Renewal Term, B&G shall have the continuing option to renew the Agreement for additional, consecutive one-year periods (“Optional Renewal Term”) for so long as Net Sales in the Past Year are at least $15 million, but less than $20 million.
Optional Renewal Terms. After the initial term as defined in Section 6 of this Contract, City-Parish shall have the option to renew this Contract for one (1) or multiple additional renewal terms, not to exceed a combined total of three (3) years. Contractor may prohibit the City-Parish from exercising an optional renewal term by providing written notice to the City-Parish on or before eleven (11) months preceding the scheduled date of expiration of the initial term or preceding renewal term. If the Contractor does not provide written notice to the City-Parish prohibiting the City-Parish from exercising the optional renewal term on or before eleven (11) months preceding the scheduled date of expiration of the initial term or preceding renewal term, the City-Parish may provide written notice to Contractor, not later than sixty (60) calendar days preceding the scheduled date of expiration of the current term (initial term or renewal term), of the City- Parish’s intent to exercise an optional renewal term. This provision in no way limits the City- Parish’s right to terminate this Contract at any time during the initial term or any optional renewal term thereof pursuant to the provisions in this Contract.
Optional Renewal Terms. This Agreement may be renewed for three (3) successive one (1) year terms (each, a “Renewal Term”) by mutual written agreement of the parties hereto, executed not less than three (3) months prior to the expiration of the Initial Term or any Renewal Term, as applicable. AND CONTRACT ID THIS AGREEMENT (hereinafter referred to as the “Agreement”) is made this , day of , 20 , by and between County, a political subdivision of the state of Florida, (hereinafter referred to as the “County”), with a mailing address of , and , a authorized to do business in the State of Florida (hereinafter referred to as “Contractor”) whose Federal I.D. # is .
Optional Renewal Terms. In addition to the base period of one (1) year, there are (_) (insert number of renewals) one-year optional renewal terms (each a "Renewal Term") to be exercised at the sole discretion of APS.
Optional Renewal Terms. City may renew this Contract for up to three (3) additional one (1) year optional renewal terms. Contractor shall provide notice to the City twelve (12) months preceding the scheduled date of expiration of the expiration of the initial term or the then current optional renewal term of this Contract. Contractor may prohibit City from exercising an optional renewal term by providing written notice to the Contract Administrator of Contractor’s election to reject a renewal term on or before twelve (12) months preceding the scheduled date of expiration of the initial term or the then current optional renewal term of this Contract. If Contractor does not provide such written notice to the Contract Administrator on or before twelve (12) months preceding the scheduled date of expiration of the initial term or the then current optional renewal term of this Contract prohibiting City from exercising the optional renewal term, City may upon written notice to Contractor not later than ninety (90) calendar days preceding the scheduled date of expiration of the initial term or the then current optional renewal term of this Contract exercise such optional renewal term by such notice. This provision in no way limits City’s right to terminate this Contract at any time during the initial term or any optional renewal term thereof pursuant to the provisions in this Contract.
