Common use of Term of the Contract Clause in Contracts

Term of the Contract. The term of the Contract will begin on the Effective Date and will conclude on the Expiration Date. The Parties may renew the Contract for an additional period or periods, but the Contract Term may not exceed a total of eight (8) years. All reserved contract extensions beyond the Expiration Date will be subject to good faith negotiations between the Parties and mutual agreement to the extension(s).

Term of the Contract. The term of the Contract will begin on the Effective Date and will conclude on the Expiration Date. The Parties may renew the Contract for an additional period or periods, but the Contract Term may not exceed a total of eight (8) operational years. All reserved contract extensions beyond the Expiration Date will be subject to good faith negotiations between the Parties and mutual agreement to the extension(s).

Term of the Contract. The term of the Contract will begin on the Effective Date and will conclude on the Expiration Dateexpiration date. The Parties may renew the Contract for an additional a period or periods, but the Contract Term may not exceed a total of eight (8) operational years. All Subject to the provisions of Section 12.04(e), all reserved contract extensions beyond the Expiration Date expiration date will be subject to good faith negotiations between the Parties and mutual agreement to the extension(s)extensions.

Term of the Contract. The term of the Contract will begin on the Effective Date and will conclude on the Expiration Date. The Parties may renew the Contract for an additional period or periods, but the Contract Term may not exceed a total of eight (8) operational years. All reserved contract extensions beyond the Expiration Date will be subject to good faith negotiations between the Parties and mutual agreement to the extension(s)extensions.