Contract Expiration / Automatic Renewal Sample Clauses
The Contract Expiration / Automatic Renewal clause defines when a contract ends and whether it will automatically renew for another term unless one party provides notice to terminate. Typically, this clause specifies the initial duration of the agreement and outlines the process and timeframe for either party to opt out of renewal, such as requiring written notice 30 days before the expiration date. Its core function is to provide predictability and clarity regarding the contract’s duration, preventing unintended lapses or unwanted extensions of the agreement.
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Contract Expiration / Automatic Renewal. At the end of the Initial Term and any Renewal Term, this Agreement will expire or, at our option, automatically renew for a term less than or equal to the Initial Term unless you affirmatively cancel this Agreement. Not more than 90 days or less than 45 calendar days before the expiration of the Initial Term and any Renewal Term or the date on which we propose to change the terms of our service, you will receive notice in writing from us that describes the proposed changes in our terms if any and states that this Agreement will renew at the specified rate unless you affirmatively cancel this Agreement. We will also provide you a second notice at least 35 calendar days before the expiration of such term. In these notices we will explain your options which may include renewal of this Agreement, the specified rate, proposed changes if any, and what actions you must take to cancel this Agreement. You are responsible for arranging your electric supply upon the expiration or termination of this Agreement.
Contract Expiration / Automatic Renewal. At the end of its term, this Agreement will expire, or at Energy Harbor’s option, automatically renew for a term less than or equal to its initial term unless you affirmatively cancel the Agreement. If this is a renewal Agreement and you do not affirmatively cancel as outlined in your notice of renewal, then your Retail Electric Service from Energy Harbor will automatically renew as outlined in your notice of renewal. You will receive written notification(s) from Energy Harbor in the forty-five (45) to ninety (90) days that precede either the expiration date of this Agreement or the effective date of any changes Energy Harbor proposes to its terms of service. In these advance notifications, Energy Harbor will explain your options, which may include renewing the Agreement, the specified rate, proposed changes if any, and what actions you must take to cancel the Agreement. You are responsible for arranging your electric supply upon the expiration of the Agreement. Dispute Procedures: Contact Energy Harbor with any questions concerning the terms of service by phone at ▇-▇▇▇-▇▇▇-▇▇▇▇ (toll-free) from 8 a.m. to 5
Contract Expiration / Automatic Renewal. At the end of its term, this Agreement will expire, or at Energy Harbor’s option, automatically renew for a term less than or equal to its initial term unless you affirmatively cancel the Agreement. If this is a renewal Agreement and you do not affirmatively cancel as outlined in your notice of renewal, then your Retail Electric Service from Energy Harbor will automatically renew as outlined in your notice of renewal. Energy Harbor can renew this contract without the customer’s affirmative consent even when there is a change in the rate or other terms and conditions. You will receive written notification(s) from Energy Harbor in the forty-five (45) to ninety (90) days that precede either the expiration date of this Agreement or the effective date of any changes Energy Harbor proposes to its terms of service. In these advance notifications, Energy Harbor will explain your options, which may include renewing the Agreement, the specified rate, proposed changes if any, and what actions you must take to cancel the Agreement. You are responsible for arranging your electric supply upon the expiration of the Agreement.
Contract Expiration / Automatic Renewal. Upon expiration of the Term, this Agreement will automatically renew on a month-to-month basis at a fixed monthly index price per kWh, based on the average of the prior month’s prices in the day-ahead market at PJM Interconnection LLC plus a retail margin adder for CEO. No cancellation fee shall apply during such renewal period. The fixed monthly index price will include Generation charges and Generation- Related charges, but will not include charges for Transmission or Distribution Service and other EDU charges, fees and taxes. Customer may obtain next month’s index price by calling a CEO Representative at (▇▇▇) ▇▇▇-▇▇▇▇ or by accessing CEO’s website at ▇▇▇.▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇/▇▇▇▇▇▇▇▇▇▇▇▇. Pricing is generally available one week before the start ofthe billing cycle. At any time after the Term, Customer may contact CEO to enroll in the then- current price plan. Customer is responsible for arranging Customer’s electric supply upon expiration of the Agreement.
Contract Expiration / Automatic Renewal. At the end of its term, this Agreement will expire, or at Energy Harbor’s option, automatically renew for a term less than or equal to its initial term unless you affirmatively cancel the Agreement. If this is a renewal Agreement and you do not affirmatively cancel as outlined in your notice of renewal, then you will automatically renew with Energy Harbor as outlined in your notice of renewal. You will be notified by Energy Harbor at least forty-five (45) calendar days prior to the automatic renewal. The notice of renewal shall include any changes in the material terms and conditions of the Agreement, including price; information regarding how you can terminate the Agreement without the penalty; and information regarding how to access your rate for the next billing cycle. If you terminate this Agreement pursuant to the methods outlined in the notice of renewal without selecting another Supplier, you will be returned to the Utility’s Standard Offer Service. You are responsible for arranging your natural gas supply upon the expiration of the Agreement.
Contract Expiration / Automatic Renewal. At the end of its term, this Agreement will automatically renew on a month-to-month basis without additional notification, unless you or Energy Harbor affirmatively cancel the Agreement (“Renewal Term”). During the Renewal Term, the Terms and Conditions shall remain the same except that the Generation/Supply Price shall be a variable price that may be higher or lower each month and will be determined in Energy Harbor’s sole discretion, based upon generally prevailing market and business conditions for electricity in the PJM market (including but not limited to Energy Harbor’s cost to provide service and supply, margin, losses, capacity, ancillary services and other RTO charges) at the applicable EDU load zone or equivalent for the applicable period. Weather fluctuations may impact the variable price during the Renewal Term. During the Renewal Term, you understand there is no limit on how much the variable price may change from one billing month to the next. For customers that consume 700,000 kWh per year or less, you will receive written notification(s) from Energy Harbor in the forty-five (45) to ninety (90) days that precede either the expiration date of this Agreement or the effective date of any changes Energy Harbor proposes to its terms of service. You are responsible for arranging your electric supply upon the expiration of the Agreement.