Examples of Automatic Renewal Term in a sentence
The Initial Term, Automatic Renewal Term and any Renewal Term(s) are collectively referred to herein as the “Term.” Upon renewal, the terms and conditions of this Agreement shall remain in full force and effect.
This Agreement shall automatically be extended for the Automatic Renewal Term unless Tenant notifies Landlord of its intention not to renew prior to commencement of the Automatic Renewal Term.
Following the Automatic Renewal Term, Tenant shall have the right to extend the term of this Agreement for three (3) successive five (5) year periods ("Optional Renewal Terms”) on the same terms and conditions as set forth herein.
Licensee agrees to submit to the personal jurisdiction of the State & Federal courts located in New York County in the State of New York with respect to any legal proceedings, interpretation or disputes that may arise out of or in connection with this Agreement, the interpretation or breach of this Agreement, the Auto-Renew, the Automatic Renewal Term.
At the conclusion of the Initial Term, this Contract shall automatically renew for an Automatic Renewal Term for the period from July 1, 2017, through June 30, 2018, unless the Contract has been terminated as provided for in this Contract.
At the conclusion of the Automatic Renewal Term and any Renewal Term, unless the Contract has been terminated as provided for in this Contract, this Contract may be renewed for a one-year Renewal Term upon the written agreement of both Parties.
After the Initial Term, this Agreement shall be deemed renewed automatically every 18 months for an additional 18 month period (an “Automatic Renewal Term”) unless the Company or the Service Provider terminates this Agreement upon the expiration of the Initial Term or any Automatic Renewal Term and upon at least 180 days’ prior written notice to the Company or the Service Provider, as applicable.
The Subscription Fees must be paid on or before the start of the Automatic Renewal Term in order to avoid a termination of Services.
Section 10(d) of the Existing Agreement is hereby amended by replacing the words “the anniversary date of this Agreement next following the delivery of such notice” with “the expiration of the Initial Term or the then current Automatic Renewal Term following the delivery of such notice.” 4.
During the Initial Term, the Automatic Renewal Term, or any Renewal Term, Probation shall pay Detention Center a total amount not to exceed $3,500,000 (three million five hundred thousand dollars) for the services specified herein.