Examples of Initial Expiration Date in a sentence
Approximately twenty-five (25) years, beginning on the Commencement Date and expiring on the Initial Expiration Date.
Virgin may accept the offer to extend at any time up to the date that is the later of: (a) one hundred twenty (120) Days before the Initial Expiration Date, or (b) if the Authority fails to deliver the offer notice as and when required, sixty (60) Days after the Authority does deliver such offer notice, by providing the Authority with a written acceptance specifying the number of years it wishes to extend the Initial Term (the “Extended Term” and, together with the “Initial Term,” the “Term”).
This Agreement commences on the Commencement Date, and unless otherwise extended or terminated in accordance with its terms, expires on the Initial Expiration Date.
This Agreement will commence on the Effective Date and will continue in effect for months, the Initial Expiration Date (the “Initial Term”).
At the end of the Initial Expiration Date and at the end of each Contract Year thereafter, this agreement is deemed automatically renewed unless either party gives 30 calendar days written notice of nonrenewal.