Common use of Initial Term; Renewal Clause in Contracts

Initial Term; Renewal. The Initial Term of this Lease will begin on the earlier of either the date the Equipment is installed or five (5) days after the Equipment is shipped by the Supplier and will continue for the number of months shown on the order form (“Initial Term”). Unless You notify Us in writing at least ninety (90) days before the end of the Initial Term that You intend to return the Equipment at the end of the Initial Term, this Lease will automatically renew for periods of one (1) year each (each a “Renewal Period”). The amount You pay for the Equipment will remain unchanged during each Renewal Period. We will not notify You that the Initial Term or any Renewal Period is ending. You may terminate this Lease at the conclusion of any Renewal Period by giving Us ninety