Examples of Expiry Notice in a sentence
Expiry Notice: Company shall give notice to Customer at least 30 days prior (but no more than 45 days prior) to the date that is six months prior to the expiry of the then-current Initial Term (“Expiry Notice”).
Within 30 days of receiving the Expiry Notice, Customer may extend the Initial Term for up to two periods each of 12 months from the expiry of the then-current Initial Term.
If a party provides an Expiry Notice to the other party in accordance with clause 3.2, the Term shall expire on the Expiry Date or the next anniversary of the Commencement Date (as the context requires).
If the Principal issues an Expiry Notice or the Operator rejects an Extension Notice within the timeframe specified in clause 2.3(c), then this Agreement will expire on the Initial Expiry Date.
Extension of Term The Principal must, no later than the date which is 7 months before the Initial Expiry Date: extend the Expiry Date by the number of years specified in Item 6 of the Reference Schedule by issuing a written notice to the Operator to this effect (Extension Notice); or issue a written notice to the Operator of its intention to let this Agreement expire on the Initial Expiry Date (Expiry Notice).
If the Principal does not give an Extension Notice or an Expiry Notice in accordance with clause 2.3(a), it will be deemed to have provided an Extension Notice on the date which is 7 months before the Initial Expiry Date.
If a party provides an Expiry Notice to the other party in accordance with clause 2.2(a), the agreement will end on the expiration of the then-current Agreement Term or Rollover Term (as applicable).
Where: an Expiry Notice has been issued by the Principal or an Extension Notice has been rejected by the Operator; a notice under clause 20.5 has been given by the Principal; a notice under clause 20.6 has been given by the Operator; or a notice under clause 20.8 has been given by either party, the Operator must comply with any direction issued by the Principal (acting reasonably) in relation to transitioning the Services provided under this Agreement to another Refund Point Operator.