RENEWAL OF THIS AGREEMENT. The undersigned hereby acknowledge that this lease can be renewed by all or a portion of the original signatories to this lease. Landlord will notify Residents of the terms and conditions of a lease for subsequent lease terms during Ohio State University's fall semester. If all Residents who sign this lease agree to sign a lease for an additional term, a new lease must be executed on or before the lease termination date, but while the unit is still available. In the event that less than 100% of the signatories to this lease decide to execute a lease for a subsequent term, a new lease agreement will be executed by the Residents who remain in the unit for the additional term, and any New Residents will become a party to the subsequent lease. Residents hereby unequivocally acknowledge and agree that their security deposit will NOT be returned to them if any of the signatories to this lease execute a lease for a subsequent term and remain in the Premises for another year or years. Residents stipulate and agree that if less than 100% of the signatories to this lease decide to remain in the unit for a subsequent term, the Residents who remain in this unit at the time of the renewal will maintain their belongings in the premises through the duration of the renewal term, and as a result, if this lease is renewed by even one of the individuals who are signing this lease, the total security deposit received by Landlord will be applied to the subsequent lease term. Residents shall seek any reimbursement of their security deposit from the New Residents who will be signing the renewal lease. Moreover, any New Residents who sign the renewal lease will accept the condition of the premises from the time that the current lease is executed. Landlord will seek damages above and beyond normal wear and tear from the Residents who deliver full possession of the property to Landlord at the expiration of the all leases, and Landlord will return the security deposit at the time when all signatories to this lease vacate the Premises.
RENEWAL OF THIS AGREEMENT. 7.1 In the event the LESSEE remains in occupation after the date of expiry of the initial terms of this agreement, this lease will automatically be extended continuously and repeatedly on a year to year basis until one of the parties gives 2 (two) months written notice in terms of the lease before the end of the calendar year of which the lease is in existence at the time.
RENEWAL OF THIS AGREEMENT. 7.1 Subject to there being no material adverse change in the business, assets or financial condition of the LESO since the Commencement Date that has impaired the LESO’s ability to provide the Services, the LESO shall have the option, upon giving written notice to the Company, to extend the Extended Term for a further fixed period of five (5) years (“Additional Extended Term”). In order to exercise such option, the LESO shall not less than eighteen (18) months before the expiry of the Extended Term, give the Company written notice requesting the renewal of this Agreement. The Company shall, at least fifteen (15) months before such expiry, give the LESO written notice stating the terms and conditions upon which the Company is willing to grant a renewal to the Agreement pursuant to this Clause. If the Company is willing to grant a renewal, the Parties shall negotiate in good faith to conclude any agreement for renewal at least twelve (12) months before the expiry of the Extended Term. Any terms and conditions offered to those LES Operators qualifying pursuant to any criteria put in place by the Company at that time, shall be no less favourable to the LESO than those provided or offered to other LES Operators or to any Inmarsat Affiliate. In considering the request for a renewal, the Company shall amongst other things and consistent with the objects set forth in its Memorandum of Association, take into account the desirability of the LESO continuing to provide Maritime Distress and Safety Services.
RENEWAL OF THIS AGREEMENT. 6.1 The Agreement continues for a period of twelve months from the date We first submit a Lending Proposal for You at which stage, should You by then have not entered into a Finance Agreement, it will lapse. Should You then wish to continue receiving Credit Broking Services, You may request that We renew it.
RENEWAL OF THIS AGREEMENT. Renewal of this Agreement is subject to the sole discretion of the District’s Board of Trustees. Notice of any decision not to renew this Agreement shall be provided to the Administrator in accordance with Education Code Section 72411. If notice of a decision not to renew is not provided, this Agreement shall be extended for a term of one year.
RENEWAL OF THIS AGREEMENT. 5.1 The Agreement continues for a period of six months from the date We first introduce You to a Lender at which stage, should You by then have not entered into a Finance Agreement, it will lapse. Should You then wish to continue receiving Credit Broking Services, after We have refunded any Fees payable by You under clause 3.3 above, You may request that We renew it upon payment of a new Broker Appraisal Fee and/or Broker Arrangement Fee as detailed in an updated version of Our Quotation & Provisional Acceptance.
RENEWAL OF THIS AGREEMENT. If both CFC and the FC/SCWP desire to do so, this Agreement may be renewed every three years. The renewed Agreement may be amended to contain new terms or goals or different funding streams, or different agreement durations. Amendments, with the approval of both parties, may also be made between renewal dates.
RENEWAL OF THIS AGREEMENT. 4.1 This agreement may be renewed an additional ____ period; provided that the parties continue in full compliance of the terms hereof and CARE provides the Cash Facilitator written notice of its intention to renew this agreement at least thirty (30) days prior to the termination of the agreement.