Common use of Renew Clause in Contracts

Renew. 4.1 The Customer may renew the agreement by sending a notice to the Company 90 days before the End Date indicating the Customer’s intention to renew the agreement. The Customer may only renew the agreement once after the Initial Term. 4.2 Unless the Company receives notice under clause 4.1: this agreement shall terminate in accordance with clause 3.1(a) and:, : (a) the Customer remains liable to pay all outstanding Energy Generation Charges and any other outstanding Charges; (b) the Company may terminate the Licence agreement; (c) the Company may remove the SGU from the Premises; or, (d) the Customer may terminate the agreement under clause 24.2. 4.3 Where the Company does receive notice under clause 4.1, this agreement shall automatically renew at the End Date for an Operational Term.