Common use of Term and Extensions Clause in Contracts

Term and Extensions. 6.1. This Agreement shall commence on the Effective Date and shall continue in full force and effect for the Initial Term unless terminated or extended in accordance with the provisions hereof. 6.2. The term of this Agreement may be extended by Bridge for one additional five-year period by giving SAVVIS written notice not less than one year before the scheduled expiration of the Initial Term. 6.3. Upon the termination of this Agreement in accordance with its scheduled expiration or by Bridge pursuant to Section 7, SAVVIS will continue to provide the Networks in accordance with the terms and conditions herein (excluding the Minimum Annual Commitment) for a period of up to five years after the effective date of termination (the "TRANSITION PERIOD"). During the Transition Period, Bridge shall pay SAVVIS for the use of the Networks at the rates in effect for third party customers of SAVVIS at the effective date of termination. If Bridge has not completely transitioned from its use of the Networks after the Transition Period, SAVVIS will provide the Networks at SAVVIS' then current list rates. SAVVIS and its successor will cooperate with Bridge until Bridge has completely migrated to another provider.

Term and Extensions. 6.1. This Agreement shall commence on the Effective Date and shall continue in full force and effect for the Initial Term unless terminated or extended in accordance with the provisions hereof. 6.2. The term of this Agreement may be extended by Bridge for one additional five-year period by giving SAVVIS written notice not less than one year before the scheduled expiration of the Initial Term. 6.3. Upon the termination of this Agreement in accordance with its scheduled expiration or by Bridge pursuant to Section 7, SAVVIS will continue to provide the Networks in accordance with the terms and conditions herein (excluding the Minimum Annual Commitment) for a period of up to five years after the effective date of termination (the "TRANSITION PERIOD"). During the Transition Period, Bridge shall pay SAVVIS for the use of the Networks at the rates in effect for third party customers of SAVVIS at the effective date of termination. If Bridge has not completely transitioned from its use of the Networks after the Transition Period, SAVVIS will provide the Networks at SAVVIS' then current list rates. SAVVIS and its successor will cooperate with Bridge until Bridge has completely migrated to another provider.