The license period and terms of renewal Sample Clauses

The license period and terms of renewal. The License shall be granted for the duration of One Season or Two Consecutive Seasons in a Twelve (12) month period per the attached Seasonal Dockage Agreement. Subject to Xxxxxxx’s right to cancel the license set forth in section 1 of this agreement, the license shall automatically, and without notice from Bosport to the Licensee, extend to each succeeding season, unless the Licensee gives notice of non-extension at least thirty- (30) days prior to expiration. Each succeeding season shall constitute one (1) Extended License Period. Dockage fees for each Extended License Period shall be calculated at Bosport’s then standard dockage rate. Each year shall be divided into two seasons: the Winter Season shall run from November 1st until April 15th inclusive and the Summer Season shall run from May 1st until October 15th, inclusive. Nothing in this license agreement and nothing in any notice of charges for the original season or any Extended License Period, nor the acceptance by Bosport of any advance payments, shall alter or diminish Bosport’s right to revoke the license at any time or to choose not to renew the license at the termination of any season.
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Related to The license period and terms of renewal

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  • TERM OF FRAMEWORK AGREEMENT The Framework Agreement shall take effect on the Commencement Date and (unless it is otherwise terminated in accordance with the terms of this Framework Agreement or it is otherwise lawfully terminated) shall terminate at the end of the Term.

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