Common use of Renewal Terms Clause in Contracts

Renewal Terms. Following expiration of the Initial Term, this agreement will automatically renew for 3 successive 10-year renewal periods (for a maximum of 50 years including the Initial Term), unless at least 2 years prior to the commencement of any renewal period either party notifies the other party in writing that it does not wish to renew this agreement.

Renewal Terms. Following Upon the expiration of the Initial Term, this agreement Agreement will automatically renew under the same terms and conditions for 3 successive 10-one (1) year renewal periods terms (for each a maximum of 50 years including “Renewal Term” and collectively with the Initial Term, the “Term”), unless either Party gives at least 2 years thirty (30) days prior to the commencement of any renewal period either party notifies the other party in writing that it does written notice not wish to renew this agreementbefore the expiration of the current term.

Renewal Terms. Following expiration After expiry of the Initial Term, this agreement will the Agreement shall automatically renew for 3 successive 10-year renewal twelve (12) month periods (for each a maximum of 50 years including the Initial "Renewal Term), unless at least 2 years prior to the commencement of any renewal period ") unless: (a) either party notifies provides notice of non-renewal to the other party no less than sixty (60) days before the end of the current Initial Term or Renewal Term (as applicable); or (b) it is otherwise terminated in writing that it does not wish to renew accordance with the provisions of this agreementClause 8.