Term Termination Effect of Termination. a. This Agreement shall be valid for a period of one year commencing from / /20 , (Effective Date) and shall remain valid until / /20 , unless terminated earlier in accordance with the provisions of this Agreement (“Term”). If the Parties hereto wish to renew this Agreement on the expiry of the Term, both Parties shall enter into discussions at least sixty (60) days prior to the expiry of the Term with a view to enter into a new agreement on mutually agreed terms with effect from the expiry of this Agreement. However this agreement will be deemed as automatically renewed for a successive period of one year until a new agreement is signed and/or unless either party gives written notice of its intention not to renew the agreement before expiration of the current Term.
Appears in 4 contracts
Samples: Carriage Agreement, Reference Interconnect Offer for Carriage of Channels, Reference Interconnect Offer for Carriage of Channels
