Common use of No Automatic Renewal Clause in Contracts

No Automatic Renewal. The Term of this Agreement will not automatically renew. Upon the expiry of the Term the parties agree that this Agreement will terminate and, except as set out in this Agreement or as otherwise agreed by the parties in writing, the parties will have no further obligations to each other under this Agreement.

Appears in 14 contracts

Sources: Oil Handling Facility Membership Agreement, Ship (Bulk Oil) Membership Agreement, Membership Agreement