Common use of No Automatic Renewal Clause in Contracts

No Automatic Renewal. Notwithstanding anything to the contrary contained in this Lease (including, without limitation, any terms and conditions of Lessor attached hereto): (a) in no event shall the term of this Lease be longer than the initial term expressly stated in this Lease; (b) any automatic renewal or extension (whether or not conditioned upon any notice or absence thereof from either party) or any similar “evergreen” provision shall be deemed null and void ab initio; and (c) the term of this Lease shall not be extended or renewed except by written

Appears in 2 contracts

Sources: Equipment Lease Agreement, Equipment Lease Agreement

No Automatic Renewal. Notwithstanding anything to the contrary contained in this Lease (including, without limitation, any terms and conditions of Lessor attached hereto): (a) in no event shall the term of this Lease be longer than the initial term expressly stated in this Lease; (b) any automatic renewal or extension (whether or not conditioned upon any notice or absence thereof from either party) or any similar “evergreen” provision shall be deemed null and void ab initio; and (c) the term of this Lease shall not be extended or renewed except by written

Appears in 1 contract

Sources: Equipment Lease Agreement