Common use of Agreement Term and Renewal Clause in Contracts

Agreement Term and Renewal. The term of this Agreement is years (“Initial Term”) beginning on the Effective Date. The Agreement will automatically renew for successive one-year terms (each a “Renewal Term”) at the expiration of the Customer’s Initial Term or any Renewal Term. All terms of this Agreement shall apply to any Renewal Term. Either party to the Agreement may cancel the automatic renewal of the Agreement and terminate the Agreement upon expiration of the then-existing term by providing written notice at least ninety (90) days prior to the end of the applicable term, without incurring an Early Termination Fee. If no written notice is received by either party, the Agreement will automatically renew for a successive Renewal Term.

Agreement Term and Renewal. The term of this Agreement is 20 years (“Initial Term”) beginning on the Effective Date. The Agreement will automatically renew for successive one-year terms (each a “Renewal Term”) at the expiration of the Customer’s Initial Term or any Renewal Term. All terms of this Agreement shall apply to any Renewal Term. Either party to the Agreement may cancel the automatic renewal of the Agreement and terminate the Agreement upon expiration of the then-existing term by providing written notice at least ninety (90) days prior to the end of the applicable term, without incurring an Early Termination Fee. If no written notice is received by either party, the Agreement will automatically renew for a successive Renewal Term.

Agreement Term and Renewal. The term of this Agreement is 25 years (“Initial Term”) beginning on the Effective Date. The Agreement will automatically renew for successive one-year terms (each a “Renewal Term”) at the expiration of the Customer’s Initial Term or any Renewal Term. All terms of this Agreement shall apply to any Renewal Term. Either party to the Agreement may cancel the automatic renewal of the Agreement and terminate the Agreement upon expiration of the then-then- existing term by providing written notice at least ninety (90) days prior to the end of the applicable term, without incurring an Early Termination Fee. If no written notice is received by either party, the Agreement will automatically renew for a successive Renewal Term.