Automatic Renewal Limitation for TIPS Sales. No TIPS Sale may incorporate an automatic renewal clause that exceeds month to month terms with which the TIPS Member must comply. All renewal terms incorporated into a TIPS Sale Supplemental Agreement shall only be valid and enforceable when Vendor received written confirmation of acceptance of the renewal term from the TIPS Member for the specific renewal term. The purpose of this clause is to avoid a TIPS Member inadvertently renewing an Agreement during a period in which the governing body of the TIPS Member has not properly appropriated and budgeted the funds to satisfy the Agreement renewal. Any TIPS Sale Supplemental Agreement containing an “Automatic Renewal” clause that conflicts with these terms is rendered void and unenforceable.
Automatic Renewal Limitation for TIPS Sales. No TIPS Sale may incorporate an automatic renewal clause that exceeds month to month terms with which the TIPS Member must comply. All renewal terms incorporated into a TIPS Sale Supplemental Agreement
Automatic Renewal Limitation for TIPS Sales. No TIPS Sale may incorporate an automatic renewal clause that exceeds month to month terms with which the TIPS Member must comply. All renewal terms incorporated into a TIPS Sale Supplemental Agreement shall only be valid and enforceable when Vendor received written confirmation of acceptance of the renewal term from the TIPS Member for the specific renewal term. The purpose of this clause is to avoid a TIPS Member inadvertently renewing an Agreement during a period in which the governing body of the TIPS Member has not properly appropriated and budgeted the funds to satisfy the
Automatic Renewal Limitation for TIPS Sales. If an automatic renewal clause is incorporated into a Supplemental Agreement, such automatic renewal clause: (a) shall not include month to month terms with which the TIPS Member must comply, and (b) shall only be valid and enforceable when Vendor received written confirmation of acceptance of the automatic renewal term from the TIPS Member for the specific automatic renewal term. Any Supplemental Agreement containing an “Automatic Renewal” clause that conflicts with these terms is rendered void and unenforceable.
Automatic Renewal Limitation for TIPS Sales. No TIPS Sale may incorporate an automatic renewal clause with which the TIPS Member must comply if at the time of applicable renewal the TIPS Member does not wish for renewal to occur. All renewal terms incorporated into a TIPS Sale Supplemental Agreement shall only be valid and enforceable when Vendor receives written confirmation of acceptance of the renewal term from the TIPS Member for the specific renewal term. Such confirmation may be by purchase order, payment of applicable renewal invoice, or otherwise. The purpose of this clause is to avoid a TIPS Member inadvertently renewing an Agreement during a period in which the governing body of the TIPS Member has not properly appropriated and budgeted the funds to satisfy the Agreement renewal. Any “Automatic Renewal” clause in a TIPS Sale Supplemental Agreement that conflicts with these terms is rendered void and unenforceable to the extent such clause conflicts with this Section 46.
