Common use of EXTENDING THE INITIAL TERM Clause in Contracts

EXTENDING THE INITIAL TERM. The Partners may extend this Agreement for a period of one year and on varied terms as they agree, beyond the Initial Term, provided that any extension shall be agreed by the Partners no later than twelve months prior to the expiry of the Initial Term, in writing and signed by the Parties.

EXTENDING THE INITIAL TERM. The Partners may extend this Agreement for a period of one year and on varied terms as they agree, beyond the Initial Term, provided that any extension shall be agreed by the Partners no later than twelve 6 months prior to the expiry of the Initial Term, in writing and signed by the Parties.

EXTENDING THE INITIAL TERM. The Partners may extend this Agreement for a period of one year and on varied terms as they agree, beyond the Initial Term, provided that any extension shall be agreed by the Partners no later than twelve months prior to the expiry of the Initial Term, in writing and signed by the Parties.

EXTENDING THE INITIAL TERM. The Partners may extend this Agreement for a period of one year and on varied terms as they agree, beyond the Initial Term, provided that any extension shall be agreed by the Partners no later than twelve 6 months prior to the expiry of the Initial Term, in writing and signed by the PartiesPartners.