Common use of Renewal by District Option Clause in Contracts

Renewal by District Option. The District, at its discretion and in lieu of Renewal by Agreement as set forth in the immediately preceding subparagraph, has the option to create a renewal term by providing written notice to the Service Provider in the form substantially equivalent to EXHIBIT C – Sample Renewal Option Letter. The first executed Renewal Option Letter shall be labeled EXHIBIT C.1. Each subsequently issued Renewal Option Letter shall be labeled EXHIBIT C.2, C.3, and C .4, and, when executed, shall become a part of and be governed by the Agreement. Performance during a renewal term created by Renewal Option Letter shall continue at the same prices and rates and under the same terms as set forth in the Agreement.

Renewal by District Option. The District, at its discretion and in lieu of Renewal by Agreement as set forth in the immediately preceding subparagraphAgreement, has the option to may create a renewal term Term by providing written notice to the Service Provider in the form substantially equivalent to EXHIBIT C – Sample Renewal Option Letter. The first executed Renewal Option Letter shall will be labeled EXHIBIT Option Letter C.1. Each subsequently issued Renewal Option Letter shall will be labeled EXHIBIT Option Letter C.2, C.3, and C .4, and, when executed, shall become a part of and be governed by the Agreement. Performance during a renewal term Term created by Renewal Option Letter shall continue at the same prices and rates and under the same terms as set forth in the Agreement.

Renewal by District Option. The District, at its discretion and in lieu of Renewal by Agreement as set forth in the immediately preceding subparagraph, has the option to create a renewal term by providing written notice to the Service Provider at least two (2) months prior to Agreement expiration in the form substantially equivalent to EXHIBIT C – Sample Renewal Option Letter, unless the Service Provider expressly opposes to such renewal. The first executed Renewal Option Letter shall be labeled EXHIBIT C.1. Each subsequently issued Renewal Option Letter shall be labeled EXHIBIT C.2, C.3, and C .4, and, when executed, shall become a part of and be governed by the Agreement. Performance during a renewal term created by Renewal Option Letter shall continue at the same prices and rates and under the same terms as set forth in the Agreement, unless otherwise agreed by the parties.