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.
Appears in 146 contracts
Samples: Vendor Agreement, Vendor Agreement, Vendor Agreement
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.
Appears in 115 contracts
Samples: Vendor Agreement, Vendor Agreement, Vendor Agreement
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.
Appears in 5 contracts
Samples: Vendor Agreement, Vendor Agreement, Vendor Agreement
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.
Appears in 3 contracts
Samples: Vendor Agreement, Vendor Agreement, Vendor Agreement
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 TIPS. alculation Purposes Only: Regardless of actual award/effective date of Contract, for Agreement anticipated as published in the additional three (3) consecutive one (1) year renewal termsSolicitation.
Appears in 1 contract
Samples: Vendor Agreement
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. hat Award Notifications are anticipated as published in the Solicitation.
Appears in 1 contract
Samples: Vendor Agreement
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 terms.extension. If TIPS offers the second one
Appears in 1 contract
Samples: Vendor Agreement