Common use of Term Cancellation and Termination Clause in Contracts

Term Cancellation and Termination. 5.1 Unless indicated otherwise on your quote, the initial term of this Agreement is 36 months from the date you submit your order for the Service (the “Initial Term”). Following the Initial Term, this Agreement shall automatically renew for consecutive monthly periods until cancelled or terminated as permitted hereunder (the Initial Term and all subsequent renewal terms being collectively referred to herein as the “Term”). If you add a Product, Service, or other supplement to the Service that includes a minimum term that extends beyond the Initial Term (including but not limited to the Extended Payment Program for Eligible Hardware), then the term for the Service will automatically extend and be co-terminus with the extended term.

Appears in 3 contracts

Samples: NCR Silver Merchant Agreement, NCR Silver Merchant Agreement, NCR Silver Merchant Agreement

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Term Cancellation and Termination. 5.1 Unless indicated otherwise on your quoteorder, the initial term of this Agreement is 36 months from the date you submit your order for the Service (the “Initial Term”). Following the Initial Term, this Agreement shall will automatically renew for consecutive monthly 12 month periods until cancelled or terminated as permitted hereunder (the hereunder. The Initial Term and all subsequent renewal terms being are collectively referred to herein as the “Term”). .” If you add a Product, Service, or other supplement to the Service that includes a minimum term that extends beyond the Initial Term (including but not limited to the Extended Payment Program for Eligible Hardware), then the term Term for the Service will automatically extend and be co-terminus with the extended termTerm.

Appears in 2 contracts

Samples: Merchant Agreement, NCR Silver Merchant Agreement

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