Renewal Period. “Buyer” and “Default” have the same meanings respectively as they have in the Water Agreement.

Renewal Period the period described in clause 14.1.

Renewal Period has the meaning set forth in Section 2.2 hereof.

Examples of Renewal Period in a sentence

The Initial Term, and, if this Agreement is renewed in accordance with this Section 10, each Renewal Period, will be included in the definition of “Term” for purposes of this Agreement.
Following the Initial Term, the License fees can be increased up to the 8% for each Renewal Period.
Either party may give written notice to the other party, not later than sixty (60) days before the end of the Initial Period or the relevant Renewal Period, to terminate this Agreement at the end of the Initial Period or the relevant Renewal Period, as the case may be.
Unless terminated earlier in accordance with clause 10.2 or this clause 10.1, this Agreement shall continue for the Initial Period and shall automatically extend for a Renewal Period at the end of the Initial Period and at the end of each Renewal Period.
The term of the anticipated contract, resulting from this RFQ, is defined as follows: Period Start Date End Date Initial Period of Performance 9/1/2017 8/31/2018 Renewal Period #1 9/1/2018 8/31/2019 Renewal Period #2 9/1/2019 8/31/2020 Renewal Period #3 9/1/2020 8/31/2021 It is possible that multiple awards will be made as a result of this bid process.

More Definitions of Renewal Period

Renewal Period means for each Service, the initial 12 month period following the Minimum Period of Service, and each subsequent 12 month period.

Renewal Period shall have the meaning set forth in Section 9.1.

Renewal Period means the 27-month period commencing April 1 prior to the previous license expiration and ending June 30, the date of current license expiration.

Renewal Period shall have the meaning set forth in Section 3(b).

Renewal Period means each additional consecutive 12 month period after the expiry of the Initial Period.

Renewal Period means a period of 12 (twelve) months;

Renewal Period shall have the meaning given such term in Section 5.2 hereof.