Common use of Renewal of Contract Clause in Contracts

Renewal of Contract. This contract may be renewed by Virginia Tech upon written agreement of both parties for (two years) / (with options for three (3) two-year renewals), under the terms of the current contract, and at a reasonable time (approximately 90 days) prior to the expiration.

Appears in 5 contracts

Samples: Standard Contract, Standard Contract, Standard Contract

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Renewal of Contract. This contract may be renewed by Virginia Tech upon the written agreement of both parties for (two years) / (with options for three (32) two, three-year renewals), under the terms of the current contract, and at a reasonable time (approximately 90 days) prior to the expiration.

Appears in 4 contracts

Samples: Standard Contract, Standard Contract, Standard Contract

Renewal of Contract. This contract may be renewed by Virginia Tech upon written agreement of both parties for (two years) / (with options for three (3) two-years with option for two (2) two (2) year renewals), under the terms of the current contract, and at a reasonable time (approximately 90 days) prior to the expiration.

Appears in 1 contract

Samples: Standard Contract

Renewal of Contract. This contract may be renewed by Virginia Tech upon the written agreement of both parties for (two years) / (with options for three (32) two, three-year renewals), under the terms of the current contract, and at a reasonable time (approximately 90 days) prior to the expiration.. DocuSign Envelope ID: 10275FCF-DB52-4BCA-8849-86D89C10353A

Appears in 1 contract

Samples: www.procurement.vt.edu

Renewal of Contract. This contract may be renewed by Virginia Tech upon written agreement of both parties for (two years) / (with options for three (3) two-five successive one year renewals)periods, or as negotiated under the terms of the current contract, and at a reasonable time (approximately 90 days) prior to the expiration.

Appears in 1 contract

Samples: Software Application Service Agreement

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Renewal of Contract. This contract may be renewed by Virginia Tech upon written agreement of both parties for four (two years4) / (with options for three (3) two-successive one year renewals)periods, under the terms of the current contract, and at a reasonable time (approximately 90 days) prior to the expiration.

Appears in 1 contract

Samples: Standard Contract

Renewal of Contract. This contract may be renewed by Virginia Tech upon written agreement for a period of both parties for (two years) / (with options for three (3) two-2, one- year renewals), renewals only under the terms and conditions of the current contractoriginal contract except as stated in A, and B, C, & D below. Price increases may be negotiated only at a reasonable the time of renewal. Written notice of Virginia Tech's intention to renew shall be given (approximately 90 days) prior to the expirationexpiration date of each contract period.

Appears in 1 contract

Samples: secure.hosting.vt.edu

Renewal of Contract. This contract may be renewed by Virginia Tech upon written agreement of both parties for (two years) / (with options for three (3) twothree-year renewals), under the terms of the current contract, and at a reasonable time (approximately 90 days) prior to the expiration.

Appears in 1 contract

Samples: Standard Contract

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