Common use of Term; Renewal Clause in Contracts

Term; Renewal. a. Initial Term: Your Initial Term under this Agreement will be the period of time stated in your Contract Summary. Your Initial Term will begin on the earliest date as determined by the Customer’s current account status and meter cycle. The Initial Term for a new customer will begin on the meter-read date following acceptance of the enrollment as determined by the LDC, and may take 1-2 billing cycles.

Appears in 7 contracts

Samples: Electricity Supply Agreement, Electricity Supply Agreement, Electricity Supply Agreement

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Term; Renewal. a. Initial Term: Your Initial Term under this Agreement will be the period of time stated in your Contract SummaryCustomer Disclosure Statement. Your Initial Term will begin on the earliest date as determined by the Customer’s current account status and meter cycle. The Initial Term for a new customer will begin on the meter-read date following acceptance of the enrollment as determined by the LDCLDU, and may take 1-2 billing cycles.

Appears in 6 contracts

Samples: Electricity Supply Agreement, Agreement to Purchase Natural Gas, Electricity Purchase Agreement

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Term; Renewal. a. Initial Term: Your Initial Term under this Agreement will be the period of time stated in your Contract Summary. Your Initial Term will begin on the earliest date as determined by the Customer’s current account status and meter cycle. The Initial Term for a new customer will begin on the meter-read date following acceptance of the enrollment as determined by the LDCUtility, and may take 1-2 billing cycles.

Appears in 2 contracts

Samples: Electricity Purchase Agreement, Electricity Purchase Agreement

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