CONTINUED TERM Clause Samples
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CONTINUED TERM. If either party desires to terminate this Agreement, it shall, six (6) months prior to the termination date, give written notice of termination. If neither party shall give notice of termination, as hereinafter provided, or if each party giving notice of termination withdraws the same prior to termination date, this Agreement shall be renewed for an additional term of thirty (30) years, subject to notice of termination by either party, on six (6) months written notice prior to the renewed agreement's new termination date.
CONTINUED TERM. The Executive Committee of the Board of Directors, after the initial term of the Agreement has expired, may extend and renew this Agreement for additional ten (10) year terms.
CONTINUED TERM. Landlord or Tenant may terminate this Lease at the end of any initial or renewal term only by giving to the other written notice not less than sixty (60) days prior to the expiration of the then current term. Upon written offer of renewal from Landlord to Tenant, tenant shall have 10 days to accept or reject the offer. If tenant does not do so within 10 days, the offer may be considered null and void and landlord may refuse to renew tenant and wish to have unit vacated. In the absence of written notification to terminate this Lease prior to the end of the expiration of the initial term or any renewal term and/or in the event of a continuance of occupancy by Tenant beyond either the initial term or any renewal term of this Lease, this Lease shall renew for a term of the same period as the initial term.