Common use of Initial and Renewal Term Clause in Contracts

Initial and Renewal Term. The Term of this agreement shall be for ------------------------ an initial period of 40 years beginning on the date of this agreement, and shall renew automatically for successive five-year periods thereafter unless and until either Party gives notice to the other Party at least 120 days prior to the expiration of the then-current term of its intent to terminate this agreement at the end of the then-current term or unless otherwise terminated as provided in (S)8.2 of this agreement.

Appears in 6 contracts

Samples: Services Agreement (American Dental Partners Inc), Service Agreement (American Dental Partners Inc), Service Agreement (American Dental Partners Inc)

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Initial and Renewal Term. The Term of this agreement Agreement shall be for ------------------------ an initial period of 40 39 years beginning on the date of this agreementAgreement, and shall renew automatically for successive five-year periods thereafter unless and until either Party gives notice to the other Party at least 120 days prior to the expiration of the then-current term of its intent to terminate this agreement Agreement at the end of the then-current term or unless otherwise terminated as provided in (S)8.2 Section 8.2 of this agreementAgreement.

Appears in 2 contracts

Samples: Service Agreement, Service Agreement (American Dental Partners Inc)

Initial and Renewal Term. The Term of this agreement This Agreement shall be for ------------------------ have an initial period term (the “Initial Term”) of 40 five (5) years beginning on after the date of Effective Date. Thereafter, this agreement, and Agreement shall automatically renew automatically for successive five-one (1) year periods thereafter unless and (each a “Renewal Period”) until either Party gives notice to terminates the Agreement by giving the other Party at least 120 days prior to three (3) months’ written notice before the expiration of the then-current term of its intent to terminate Term. The “Term,” as used in this agreement at Agreement, shall include the end of the then-current term or unless otherwise terminated as provided in (S)8.2 of this agreementInitial Term and any Renewal Period.

Appears in 1 contract

Samples: Supply Agreement (Nanophase Technologies Corporation)

Initial and Renewal Term. The Term of this agreement shall ------------------------ be for ------------------------ an a period which is equal to the remainder of the initial period 40-year term of 40 years the Original Service Agreement, beginning on the date of this agreementagreement and ending November 11, 2036, and shall renew automatically for successive five-year periods thereafter unless and until either Party gives notice to the other Party at least 120 days prior to the expiration of the then-current term of its intent to terminate this agreement at the end of the then-current term or unless otherwise terminated as provided in (S)8.2 of this agreement.

Appears in 1 contract

Samples: Service Agreement (American Dental Partners Inc)

Initial and Renewal Term. The Term of this agreement shall be for ------------------------ an a period which is equal to the remainder of the initial period 40-year term of 40 years the Original Service Agreement, beginning on the date of this agreementagreement and ending December 23, 2036, and shall renew automatically for successive five-year periods thereafter unless and until either Party gives notice to the other Party at least 120 days prior to the expiration of the then-current term of its intent to terminate this agreement at the end of the then-current term or unless otherwise terminated as provided in (S)8.2 §8.2 of this agreement.

Appears in 1 contract

Samples: Service Agreement (American Dental Partners Inc)

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Initial and Renewal Term. The Term of this agreement shall ------------------------ be for ------------------------ an a period which is equal to the remainder of the initial period 40-year term of 40 years the Original Service Agreement, beginning on the date of this agreementagreement and ending December 23, 2036, and shall renew automatically for successive five-year periods thereafter unless and until either Party gives notice to the other Party at least 120 days prior to the expiration of the then-current term of its intent to terminate this agreement at the end of the then-current term or unless otherwise terminated as provided in (S)8.2 of this agreement.

Appears in 1 contract

Samples: Service Agreement (American Dental Partners Inc)

Initial and Renewal Term. The Term of this agreement This Agreement shall be for ------------------------ have an initial period term (the “Initial Term”) of 40 eight (8) years beginning on after the date of Effective Date. Thereafter, this agreement, and Agreement shall automatically renew automatically for successive five-one (1) year periods thereafter unless and (each a “Renewal Period”) until either Party gives notice to party terminates the Agreement by giving the other Party at least 120 days prior to party three (3) months’ written notice before the expiration of the then-current term of its intent to terminate Term. The “Term,” as used in this agreement at Agreement, shall include the end of the then-current term or unless otherwise terminated as provided in (S)8.2 of this agreementInitial Term and any Renewal Period.

Appears in 1 contract

Samples: Joint Development Agreement (Nanophase Technologies Corporation)

Initial and Renewal Term. The Term of this agreement Agreement shall be for ------------------------ an initial period of 40 years beginning on the date of this agreementAgreement, and shall renew automatically for successive five-year periods thereafter unless and until either Party gives notice to the other Party at least 120 days prior to the expiration of the then-current term of its intent to terminate this agreement Agreement at the end of the then-current term or unless otherwise terminated as provided in (S)8.2 Section 8.2 of this agreementAgreement.

Appears in 1 contract

Samples: Service Agreement (American Dental Partners Inc)

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