Common use of Term of the Agreement; Revisions Clause in Contracts

Term of the Agreement; Revisions. The term of this Agreement shall commence on the Effective Date and continue until terminated by either Party in accordance with the provisions of this Agreement. In the event that revisions to Registry Operator’s approved form of registry- registrar agreement for the Registry TLD are approved or adopted by ICANN, Registry Operator may notify Registrar that it has thirty (30) days from the date of notice of any such revision (“Notice Period”) to execute an amendment substituting the revised agreement in place of this Agreement. In the event of such notice, Registrar may, at its option exercised within the Notice Period, terminate this Agreement immediately by giving written notice to Registry Operator; provided, however, that in the event Registry Operator does not receive such executed amendment or notice of termination from Registrar by the end of the Notice Period, Registrar shall be deemed to have executed such amendment.

Appears in 3 contracts

Samples: Registry Registrar Agreement, Registry Registrar Agreement, Registry Registrar Agreement

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Term of the Agreement; Revisions. The term of this Agreement shall commence on the Effective Date and continue until terminated by either Party in accordance with the provisions of this Agreement. In the event that revisions to Registry Operator’s approved form of registry- registry-registrar agreement for the Registry TLD are approved or adopted by ICANN, Registry Operator may notify Registrar that it has thirty (30) days from the date of notice of any such revision (“Notice Period”) to execute an amendment substituting the revised agreement in place of this Agreement. In the event of such notice, Registrar may, at its option exercised within the Notice Period, terminate this Agreement immediately by giving written notice to Registry Operator; provided, however, that in the event Registry Operator does not receive such executed amendment or notice of termination from Registrar by the end of the Notice Period, Registrar shall be deemed to have executed such amendment.

Appears in 3 contracts

Samples: Registry Registrar Agreement, Registry Registrar Agreement, Registry Registrar Agreement

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Term of the Agreement; Revisions. The term Term of this Agreement shall commence on the Effective Date and continue until and, unless earlier terminated by either Party in accordance with the provisions of this Agreement, shall continue through and including the last day of the calendar month sixty (60) months from the Effective Date (the "Initial Term"). Upon conclusion of the Initial Term, all provisions of this Agreement will automatically renew for successive five (5) year renewal periods until the Agreement has been terminated as provided herein, unless Registrar elects not to renew, or Registry Operator ceases to operate the registry for the Registry TLD. In the event that revisions to Registry Operator’s 's approved form of registry- registrar agreement for the Registry TLD Registry-Registrar Agreement are approved or adopted by ICANN, Registry Operator may notify Registrar that it has thirty (30) days from the date of notice of any such revision (“Notice Period”) to will either execute an amendment substituting the revised agreement in place of this Agreement. In the event of such notice, Registrar mayAgreement or, at its option exercised within the Notice Periodthirty (30) days after receiving notice of such amendment, terminate this Agreement immediately by giving written notice to Registry Operator; provided, however, that in . In the event that Registry Operator does not receive such executed amendment or notice of termination from Registrar by the end of the Notice Periodwithin such thirty (30) day period, Registrar shall be deemed to have executed such amendmentterminated this Agreement effective immediately.

Appears in 1 contract

Samples: Registry Registrar Agreement

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