Common use of CONTRACT TERM AND EXTENSIONS Clause in Contracts

CONTRACT TERM AND EXTENSIONS. The term of this Piggyback Contract shall begin on the date of execution by OGS and shall end upon the expiration or termination of the Master Contract, subject to OGS’ right to terminate this Piggyback Contract as provided herein. It is the intent of the Parties that the term of this Piggyback Contract be coterminous with the term of the Master Contract; accordingly, the term of this Piggyback Contract shall be deemed extended whenever the term of the Master Contract is extended, without the need for the Parties to execute an extension or amendment to this Piggyback Contract. Effective upon the date of execution of this Piggyback Contract by OGS, New York State contract number PC66984 shall be deemed terminated, and all previous transactions executed under contract number PC68962 shall be governed by the terms of contract number PC68962.

CONTRACT TERM AND EXTENSIONS. The term of this Piggyback Contract shall begin on the date of execution by OGS and shall end upon the expiration or termination of the Master Contract, subject to OGS’ right to terminate this Piggyback Contract as provided herein. It is the intent of the Parties that the term of this Piggyback Contract be coterminous with the term of the Master Contract; accordingly, the term of this Piggyback Contract shall be deemed extended whenever the term of the Master Contract is extended, without the need for the Parties to execute an extension or amendment to this Piggyback Contract. Effective upon the date of execution of this Piggyback Contract by OGS, New York State contract number PC66984 PC67648 shall be deemed terminated, and all previous transactions executed under contract number PC68962 PC67648 shall be governed by the terms of contract number PC68962PC67648.