Term and Renewal Terms Sample Clauses

Term and Renewal Terms. 11.1.1 The Agreement is valid for the Initial Term stated on the first page of the main document of the Agreement. The Agreement will be automatically renewed for consecutive twelve (12) months Renewal Terms unless terminated in writing by either party not less than three (3) months prior to the end of the Initial Term or Renewal Term.
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Term and Renewal Terms. This DAA shall be effective for the Term, including any renewal terms, unless terminated earlier pursuant to this Section. This DAA may be renewed at the end of the Term or any renewal term for an additional one (1) year term upon compliance prior to the expiration of the then-current term with the procedure set forth in this DAA and signing of a written agreement between AS and Institution, with Researcher and the members of the Research Team signing the DAA to indicate they have read and acknowledged the terms of this DAA.
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Term and Renewal Terms. For purposes of this Agreement, Section 13.1 of the MSN Contract is deleted and replaced as follows: Subject to the other provisions of Section 13 of the MSN Contract, this Agreement shall commence on the Effective Date and shall have an initial term expiring on the date occurring three (3) years after the Launch Date the “Initial Term”). Upon expiration of the Initial Term, the Agreement thereafter shall renew for additional one (1) year terms (each such term shall be referred to herein as a “Renewal Term”) subject to written agreement by the Parties on any new terms (including fees) for such Renewal Term. Notwithstanding the foregoing, each Party shall have the option to terminate this Agreement at the end of each Renewal Term, if any, provided that such Party notifies the other Party in writing of its intention not to renew this Agreement at least sixty (60) days prior to the end of the then current Renewal Term; provided, however, that if prior to expiration of a Term, one party sends to the other party an offer of new terms (including fees) for a particular Renewal Term and the receiving party does not accept those terms in writing, then the Renewal Term shall be subject only to the same terms as the previous Term unless one party delivers notice in writing of its intention not to renew this Agreement within the above sixty (60) day time limit in which case the Agreement shall expire. The Initial Term and all subsequent Renewal Terms, if any, shall be collectively referred to herein as the “Term.”
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Term and Renewal Terms. Subject to the other provisions of this Section 13, the Agreement shall commence on the Effective Date and shall have an initial term expiring on the date occurring two (2) years after the Launch Date (the “Initial Term”). Upon expiration of the Initial Term, the Agreement thereafter shall automatically renew for additional one (1) year terms (each such term shall be referred to herein as a “Renewal Term”). Notwithstanding the foregoing, (i) Microsoft shall have the option, at its sole discretion, to terminate this Agreement at the end of the Initial Term provided that Microsoft notifies BI in writing of its intention not to renew this Agreement at least sixty (60) days prior to expiration of the Initial Term; and (ii) each Party shall have the option to terminate this Agreement at the end of each Renewal Term, if any, provided that such Party notifies the other Party in writing of its intention not to renew this Agreement at least sixty (60) days prior to the end of the then current Renewal Term. The Initial Term and all subsequent Renewal Terms, if any, shall be collectively referred to herein as the “Term.”
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Term and Renewal Terms. Subject to the other provisions of this Article 18, this Agreement shall commence on the Effective Date and shall have an initial term terminating on the date [****] after the Launch Date (the "INITIAL TERM"). The Agreement thereafter shall be automatically renewed for successive terms of [****] (each such term shall be referred to herein as a "RENEWAL TERM") unless one Party gives the other Party written notice of its intention not to automatically renew this Agreement at least thirty (30) days prior to the scheduled expiration of the Initial Term or any subsequent Renewal Term. The Initial Term and all Renewal Terms shall be referred to herein as the "TERM."
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Term and Renewal Terms. Subject to the other provisions of this Section 13, the Term of this Agreement shall commence on the Effective Date and expire on December 31, 2005.
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Term and Renewal Terms. The initial term of the Lease shall commence on the date hereof and continue until midnight on the last day of the 144th month following the Rent Commencement Date (as defined in Article VI below) unless this Lease shall be terminated sooner. Lessee shall have the right to renew the term of this Lease for two (2) additional five (5) year periods by delivering written notice thereof to Lessor no later than the one hundred eightieth (180th) calendar day preceding the date of expiration of the original term or extended term hereof, as the case may be, and so long as (x) Lessee is not in default hereunder beyond applicable cure periods as of the date of delivery of such written notice and (y) Lessee is not in default hereunder
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Term and Renewal Terms. Subject to the other provisions of this Section 13, the Agreement shall commence on the Effective Date and has an initial term expiring on the date occurring three (3) years after the Launch Date (the “Term”).
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Related to Term and Renewal Terms

  • Term and Renewal This Agreement shall become effective as of the Effective Date and shall remain in effect for a period of three years from and after the Live Date (the “Initial Term”), and thereafter shall automatically renew for successive three year terms (each such period, a “Renewal Term”) unless terminated by any party giving written notice of non-renewal at least one hundred eighty days prior to the last day of the then current term to each other party hereto.

  • Renewal Term If not sooner terminated, this Agreement shall renew at the end of the Initial Term and shall thereafter continue for successive annual periods, provided such continuance is specifically approved at least annually (i) by the Fund’s Board of Trustees or (ii) by a vote of a majority of the outstanding voting securities of the relevant portfolio of the Fund, provided that in either event the continuance is also approved by the majority of the Trustees of the Fund who are not interested persons (as defined in the 0000 Xxx) of any party to this Agreement by vote cast in person at a meeting called for the purpose of voting on such approval. If a plan under Rule 12b-1 of the 1940 Act is in effect, continuance of the plan and this Agreement must be approved at least annually by a majority of the Trustees of the Fund who are not interested persons (as defined in the 0000 Xxx) and have no financial interest in the operation of such plan or in any agreements related to such plan, cast in person at a meeting called for the purpose of voting on such approval.

  • Initial Term The initial term will begin on the date set forth in the Contract documents or on the date the Contract is signed by all Parties, whichever is later.

  • Extended Term Tenant shall have the option to extend the Term for two (2) consecutive five (5) year periods (the "FIRST EXTENDED TERM" and "SECOND EXTENDED TERM", respectively) on all the terms and conditions contained in this Lease including, without limitation, continuation of the adjustment of the Base Rent on an annual basis as provided in Section 3.3 below (provided only that upon commencement of the First Extended Term the only remaining option to extend the Term shall be the Second Extended Term and upon exercise of the option with respect to the Second Extended Term, no further right to extend the Term shall exist). Tenant shall deliver, if at all, written notice of its exercise of the option ("OPTION NOTICE") to Landlord at least six (6) months but not more than one (1) year before the expiration of the Term or First Extended Term, as the case may be. In the event Tenant fails to deliver the applicable Option Notice within the time allowed, Landlord shall deliver written notice to Tenant of Tenant's failure to deliver the Option Notice, and Tenant shall then have thirty (30) days from receipt of such notice within which to deliver the Option Notice, if at all, to Landlord. In the event (and only in the event) that, Tenant fails to deliver an Option Notice to Landlord within such thirty (30) days, Tenant shall be considered to have elected not to extend the Term of this Lease and thereafter, Tenant shall have no further right to extend the Term of this Lease. References in this Lease to the "Term" shall include the initial Term of fifteen (15) years and shall, in addition, include the First Extended Term and the Second Extended Term, if applicable.

  • Extended Terms The Term of this Agreement may be extended by the Manager if the Resident applies in writing for an “Extension” in accordance with the Managers published policies about Term Extensions. Extensions are subject to availability. Priority will be given to Residents travelling from great distances, who demonstrate a special need, or who are enrolled in orientation or academic programs that begin early or continue beyond the Residence Term. Extensions may also be granted for any ‘Early Move-In’, ‘Late Move-Out’ or ‘Summer Residence’ programs offered by the Manager. Residents granted Extensions are subject to the fees detailed in Table 3. Any Resident found occupying a Room outside of the Term without approval from the Manager are subject to additional fees over and above those detailed in Table 3. TABLE 3: Extended Terms Start (“Move-In Day”) End (“Move-Out Day”) Fees Summer Semester 2021 N/A N/A $35.00/Day Academic Year 2021-2022 N/A N/A $35.00/Day Winter Semester 2022 N/A N/A $35.00/Day * Customized By Manager

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