Common use of Successive Commitment Periods Clause in Contracts

Successive Commitment Periods. After the expiration of the Initial Commitment Period, the Agreement shall renew automatically for an additional one-(1) year period (the “Successive Commitment Period”)unless either party gives the other party written notice of that party’s intent not to renew at least one-hundred eighty (180) days prior to expiration of the Initial Commitment Period .

Appears in 2 contracts

Sources: Distribution Agreement (Rochester Medical Corporation), Private Label Distribution Agreement (Rochester Medical Corporation)