Term and Renewal Options definition

Term and Renewal Options. The term of service is 36 months (Initial Term).
Term and Renewal Options. The Term is 18 months (“Initial Term”).
Term and Renewal Options. The term of service is 12 months (Term). The “Initial Term” begins on the effective Date of the Agreement ends upon the completion of twelve (12) months following the Fifth Amendment Effective Date.

Examples of Term and Renewal Options in a sentence

  • Term and Renewal Options: The term of service is 36 months (Initial Term).

  • Term and Renewal Options: The term of service is 36 months (Term).

  • Promotions: The Customer is eligible for the following promotions as set forth in the Guide: Install Waiver – Digital T1 Access Term and Renewal Options: The Term is 24 months (“Initial Term”).

  • Term and Renewal Options: Twelve months Data: Access-The Customer will be charged the following fixed monthly recurring per-circuit of $440.00 for DS1 Access Services at certain CLLI codes mutually agreed upon by the Customer and the Company.

  • The Customer is eligible for the following promotions as set forth in the Guide: On the Network V Lit Building Access Promotion Install Waiver – Digital T1 Access Install Waiver – Domestic Frame Relay Term and Renewal Options: The term of service is 12 months.


More Definitions of Term and Renewal Options

Term and Renewal Options. The “Initial Termshall begin on the Effective Date and end upon the completion 60 months. The Agreement will be automatically extended (“Extended Term”) on a month-to-month basis upon the expiration of the Initial Term, unless either party has delivered written notice of its intent to terminate the Agreement at least sixty (60) days prior to the end of the Initial Term. Either party may terminate this Agreement during the Extended Term upon sixty (60) days prior written notice. Term shall mean the Initial Term and the Extended Term.
Term and Renewal Options. The term of service is 12 months (Initial Term). The Agreement will be automatically extended (“Extended Term”) on a month-to-month basis upon the expiration of the Initial Term, unless either party has delivered written notice of its intent to terminate the Agreement at least 60 days prior to the end of the Initial Term. Either party may terminate the Agreement during the Extended Term upon 60 days prior written notice. Term shall mean the Initial Term and the Extension Term. Minimum Annual Volume Commitment (“AVC”): $87,000 The Customer’s Company service usage during each month of the Extension Term must equal or exceed 1/12 of the AVC (Extension Term AVC).
Term and Renewal Options. The "Term" begins on the effective date of the agreement and ends upon the completion of twelve (12) months. Minimum Annual Volume Commitment (“AVC”). There is no AVC requirement for this agreement. Data Services:
Term and Renewal Options. The term of service is 36 months (Initial Term). Following the expiration of the Term, or termination of service under this option prior to the expiration of the Term, service will continue for up to 6 months subject to the terms and conditions, including rates and discounts provided under this option, excluding the Minimum Value Requirement set forth in Section 3 (Ramp Down Period).
Term and Renewal Options. The term of service is 36 months. The "Initial Term" begins upon expiration of the Ramp Period (as defined below) and ends upon the completion of 36 months. The "Ramp Period" begins on the Effective Date and continues for a period of 3 months following the Effective Date. Minimum Volume Requirement: Customer agrees to pay Company no less than $250,000.00 in Total Service Charges (defined below) during each Contract Year (the “AVC”).
Term and Renewal Options. The term of service is thirty-six (36) months (Initial Term). Following the expiration of the Initial Term, service under this option will continue on a month-to-month basis subject to the terms and conditions, including rates and discounts set forth under this option (Extension Term). The Company or the Customer may elect to forego the Extension Term by providing the other party written notice at least 60 days prior to the expiration of the Initial Term. Either party may terminate service during the Extension Term by providing the other party at least 60 days prior written notice. Term shall mean the Initial Term and the Extension Term Commencing on the 5TH Amendment Effective Date, the Term will start anew and continue for a period of 24 months.
Term and Renewal Options. Thirty Six (36) months: Customer may, in its sole discretion, extend this Agreement by providing at least sixty (60) days’ prior written notice for up to two (2) additional One Year periods (“Extended Term”).