Common use of Term; Amendments Clause in Contracts

Term; Amendments. a. The term of this Agreement shall end on December 31, 2024 and will automatically be renewed for successive five-year periods unless terminated by either party by giving the other written notice of termination at least ninety (90) days prior to the expiration of the then-current term; provided, however, that this Agreement shall automatically terminate at such time as VHI is no longer a member of the Contran Group.

Appears in 2 contracts

Samples: Tax Agreement (Valhi Inc /De/), Tax Agreement (Valhi Inc /De/)

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Term; Amendments. a. The term of this Agreement shall end on December 31, 2024 and will automatically be renewed for successive five-year periods unless terminated by either any party by giving the other two parties written notice of termination at least ninety (90) days prior to the expiration of the then-current term; provided, however, that this Agreement shall automatically terminate at such time as VHI KWI is no longer a member of the Contran Tax Group.

Appears in 2 contracts

Samples: Tax Agreement (Nl Industries Inc), Tax Agreement (Kronos Worldwide Inc)

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Term; Amendments. a. The term of this Agreement shall end on December 31, 2024 and will automatically be renewed for successive five-year periods unless terminated by either any party by giving the other two parties written notice of termination at least ninety (90) days prior to the expiration of the then-current term; provided, however, that this Agreement shall automatically terminate at such time as VHI NL is no longer a member of the Contran Tax Group.

Appears in 1 contract

Samples: Tax Agreement (Nl Industries Inc)

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