Common use of Term of Agreement and Renewals Clause in Contracts

Term of Agreement and Renewals. The Agreement with TIPS is for approximately two (2) years with an option for renewal extension for an additional three (3) consecutive one (1) year terms. The three (3) consecutive one (1) year terms shall renew automatically annually, unless either of the parties notifies the other of its objection to a (1) year renewal. TIPS reserves the right to object to and refuse any or all of the additional three (3) consecutive one (1) year renewal terms. Regardless of actual award/effective date of Contract, for Notifications are anticipated as published in the Solicitation.

Term of Agreement and Renewals. The Agreement with TIPS is for approximately two (2) years with an option for renewal extension for an additional three (3) consecutive one (1) year terms. The three (3) consecutive one (1) year terms shall renew automatically annually, unless either of the parties notifies the other of its objection to a (1) year renewal. TIPS reserves the right to object to and refuse any or all of the additional three (3) consecutive one (1) year renewal terms. Regardless of actual award/effective date of Contract, for Notifications are anticipated as published in the Solicitation.

Term of Agreement and Renewals. The Agreement with TIPS is for approximately two (2) years with an option for renewal extension for an additional three (3) consecutive one (1) year terms. The three (3) consecutive one (1) year terms shall renew automatically annually, unless either of the parties notifies the other of its objection to a (1) year renewal. TIPS reserves the right to object to and refuse any or all of the additional three (3) consecutive one (1) year renewal terms. Regardless of actual award/effective date of Contract, for hat Award Notifications are anticipated as published in the Solicitation.

Term of Agreement and Renewals. The Agreement with TIPS is for approximately two (2) years with an option for renewal extension for an two (2) additional three (3) consecutive one (1) one-year terms. The three (3) consecutive one (1) first renewal extension year terms shall renew automatically annually, be automatic unless either of the parties awarded vendor notifies the other TIPS of its objection to a (1) year renewal. TIPS reserves the right to object to and refuse any or all of the first additional three (3) consecutive one (1) year renewal termsextension. Regardless of actual award/effective date of Contract, for Notifications are anticipated as published in If TIPS offers the Solicitation.second one

Term of Agreement and Renewals. The Agreement with TIPS is for approximately two three (23) years with an option for renewal extension for an additional three (3) consecutive one (1) consecutive year terms. The three (3) consecutive one (1) year terms shall renew automatically annually, unless either of the if both parties notifies the other of its objection to a (1) year renewalagree. TIPS reserves may or may not exercise the right available extension(s) provided in the original solicitation beyond the base three-year term. Whether or not to object to and refuse any or all offer the extension is at the sole discretion of the additional three (3) consecutive one (1) year renewal termsTIPS. alculation Purposes Only: Regardless of actual award/effective date of Contract, for Notifications are Agreement anticipated as published in the Solicitation.