Common use of Order Term Clause in Contracts

Order Term. An Order may contain an initial period beginning on the Order Effective Date and continuing for the duration of the Order Term (“Initial Order Term”) specified in the Order (which may be designated in the Order as the Order Term, Service Term or by other indication of duration). Upon expiration of an Initial Term, an Order shall automatically renewal for annual periods unless either party gives One Hundred Eight (180) days’ advance notice to the other party of its intent not to renew such Order.

Appears in 2 contracts

Samples: General Terms and Conditions Agreement, General Terms and Conditions Agreement

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Order Term. An The initial term of an Order may contain an initial period beginning shall begin on the Order Effective Date and continuing for the duration of date set forth in the Order Term and continue for one month (“Initial Order Term”) specified in the Order (which may be designated in the Order as the Order Term, Service Term or by other indication of duration). Upon expiration of an Initial Each Order will automatically renew for additional one-month periods (each, a “Renewal Term”), an Order shall automatically renewal for annual periods unless either a party gives One Hundred Eight (180) days’ advance notice to the other party written notice of its intent to not renew prior to renew such Orderthe end of the Initial Term or the then-current Renewal Term.

Appears in 1 contract

Samples: Terms of Service

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Order Term. An Order may contain an initial period beginning on the Order Effective Date and continuing for the duration of the Order Term (“Initial Order Term”) specified in the Order (which may be designated in the Order as the Order Term, Service Term or by other indication of duration). Upon expiration of an Initial Term, an Order shall automatically renewal for annual periods unless either party gives One Hundred Eight Eighty (180) days’ advance notice to the other party of its intent not to renew such Order.

Appears in 1 contract

Samples: General Terms and Conditions Agreement

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