Common use of CONTRACT PERIOD AND RENEWALS Clause in Contracts

CONTRACT PERIOD AND RENEWALS. The Contract shall commence on December 1st, 2014. Contractor shall commence delivery to Authorized Users on December 1, 2014. The Contract shall be in effect for five years from December 1st, 2014 through and including November 30th, 2019. If mutually agreed between OGS and the Contractor, the contract may be renewed under the same terms and conditions for an additional one year period as described in Appendix B §71 – Contract Term - Renewal. Price decreases and percentage xxxx-up decreases are permitted at any time. Authorized Users are encouraged to negotiate additional discounts, where possible.

CONTRACT PERIOD AND RENEWALS. The Contract shall commence on December 1st, 2014. Contractor shall commence delivery to Authorized Users on December 1, 2014. The Contract shall be in effect for five years from December 1st, 2014 through and including November 30th, 2019. If mutually agreed between OGS and the Contractor, the contract may be renewed under the same terms and conditions for an additional one year period as described in Appendix B §71 – Contract Term - Renewal. Price decreases and percentage xxxxmark-up decreases are permitted at any time. Authorized Users are encouraged to negotiate additional discounts, where possible.