Common use of Time for Commencement and Completion Clause in Contracts

Time for Commencement and Completion. The term (Initial Term) of this Agreement will begin on the Effective Date and expire on _, 20 . University will have the option to renew this Agreement for (_ ) additional _ _ ( _) year terms (each a Renewal Term). The Initial Term and each Renewal Term are collectively referred to as the Term.

Time for Commencement and Completion. The term (“Initial Term”) of this Agreement will begin on the Effective Date and expire on _, 20 . University will have the option to renew this Agreement for (_ ( ) additional _ _ ( _) year terms (each a “Renewal Term”). The Initial Term and each Renewal Term are collectively referred to as the “Term”).

Time for Commencement and Completion. The term (Initial Term) of this Agreement will begin on the Effective Date and expire on _, 20 2024. University will have the option to renew this Agreement for two (_ 2) additional _ _ ( _one (1) year terms (each a Renewal Term). The Initial Term and each Renewal Term are collectively referred to as the Term.

Time for Commencement and Completion. The term (Initial Term) of this Agreement will begin on the Effective Date and expire on _, 20 one (1) year after signing of contract. University will have the option to renew this Agreement for up to four (_ 4) additional _ _ ( _one (1) year terms (each a Renewal Term). The Initial Term and each Renewal Term are collectively referred to as the Term.

Time for Commencement and Completion. The term (“Initial Term”) of this Agreement will begin on the Effective Date and expire on _, 20 Month/Date/Year. University will have the option to renew this Agreement for up to four (_ 4) additional _ _ ( _additional, one (1) year terms (each a “Renewal Term”), subject to the same terms and conditions. The Initial Term and each Renewal Term are collectively referred to as the “Term”).

Time for Commencement and Completion. The term (Initial Term) of this Agreement will begin on the Effective Date and expire on _, 20 one year thereafter. University will have the option to renew this Agreement for four (_ 4) additional _ _ ( _one (1) year terms (each a Renewal Term). The Initial Term and each Renewal Term are collectively referred to as the Term.

Time for Commencement and Completion. The term (Initial Term) of this Agreement will begin on the Effective Date and expire on _, 20 one (1) year after signing of Agreement. University will have the option to renew this Agreement for four (_ 4) additional _ _ ( _one (1) year terms (each a Renewal Term). The Initial Term and each Renewal Term are collectively referred to as the Term.