Common use of Expiration/Termination Clause in Contracts

Expiration/Termination. This XXX shall automatically expire (without further action by City), on the earlier of: (i) the effective date of the City’s transfer of the Property, or (ii) 180 days after the Effective Date (“Expiration Date”), unless extended in writing by the City and Envision. Notwithstanding the foregoing, City may revoke this XXX at any time by notice delivered to Envision at the address set forth in Paragraph 3 of this XXX.

Expiration/Termination. This XXX shall automatically expire (without further action by City), on the earlier of: (i) the effective date of the City’s transfer of the Property, or (ii) ____________ 180 days after the Effective Date (“Expiration Date”), unless extended in writing by the City and Envision. Notwithstanding the foregoing, City may revoke this XXX at any time by notice delivered to Envision at the address set forth in Paragraph 3 of this XXX.