Common use of Term and Extension of Term Clause in Contracts

Term and Extension of Term. The term of this Agreement shall be the Effective Date through [@@] (the “Initial Term”). NYC Health + Hospitals may renew this Agreement for two consecutive one-year periods by providing written notice to Vendor (the “Renewal Term”).

Appears in 3 contracts

Samples: Standard Terms and Conditions, Standard Terms and Conditions, Standard Terms and Conditions

AutoNDA by SimpleDocs

Term and Extension of Term. The term of this Agreement shall be the Effective Date through [@@] (the “Initial Term”). NYC Health + Hospitals may shall have the right to renew this Agreement for two consecutive successive one-year periods following the Initial Term by providing written notice to the Vendor 30 days prior to the expiration of the then current term, each year a renewal term (the “Renewal Term”).

Appears in 2 contracts

Samples: Standard Terms and Conditions, Standard Terms and Conditions

AutoNDA by SimpleDocs

Term and Extension of Term. The term of this Agreement shall be the Effective Date through [@@] (the “Initial Term”). NYC Health + Hospitals may renew extend this Agreement for two consecutive one-a period of up to one year periods by providing written notice to Vendor (the “Renewal Term”).

Appears in 1 contract

Samples: Standard Terms and Conditions

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!