Common use of Term and Renewal Options Clause in Contracts

Term and Renewal Options. The term of service is 36 months. Following the expiration of the term of service, service under this option will continue on a month-to-month basis subject to the terms and conditions, including rates and discounts set forth under this option (Extension Term). The Company or the Customer may elect to forego the Extension Term by providing the other party written notice at least 60 days prior to the expiration of the term of service. Either party may terminate service during the Extension Term by providing the other party at least 60 days prior written notice.

Appears in 1 contract

Samples: enterprise.verizon.com

AutoNDA by SimpleDocs

Term and Renewal Options. The term of service is 36 months12 months (Initial Term). Following the expiration of the term of serviceInitial Term, the Customer may elect to continue service under this option will continue on a month-to-for 2 additional 12 month basis period subject to the terms and conditions, including rates and discounts set forth under this option (Extension extension Term). The Company or the Customer may elect to forego the Extension Term by providing the other party written notice at least 60 days prior to the expiration of the term of service. Either party may terminate service during the Extension Term by providing the other party at least ) upon 60 days prior written notice.

Appears in 1 contract

Samples: enterprise.verizon.com

Term and Renewal Options. The term of service is 36 monthsmonths (effective as of November 1, 2004). Following the expiration of the term of serviceInitial Term or Extension Term, service under this option will continue on a month-to-month basis subject to at the terms and conditions, including rates and discounts set forth under this option (Extension Term)for 180 months. The Company or the Customer may elect to forego the Extension Term by providing the other party written notice at least 60 For purposes of this option, 180 days prior to following the expiration of the term of service. Either party may terminate service during Initial Term are defined as the Extension Term by providing the other party at least 60 days prior written noticeRamp Down Period.

Appears in 1 contract

Samples: enterprise.verizon.com

Term and Renewal Options. The term of service is 36 24 months. Following the expiration of the term of service, service under this option will continue on a month-to-month basis subject to the terms and conditions, including rates and discounts set forth under this option (Extension Term). The Company or the Customer may elect to forego the Extension Term by providing the other party written notice at least 60 days prior to the expiration of the term of service. Either party may terminate service during the Extension Term by providing the other party at least 60 days prior written notice.

Appears in 1 contract

Samples: enterprise.verizon.com

Term and Renewal Options. The term of service is 36 months48 months (Initial Term). Following the expiration of the term of serviceInitial Term, service under this option will continue on a month-to-month basis subject to the terms and conditions, including rates and discounts set forth under this option (Extension Extended Term). The Company or Term shall mean the Customer may elect to forego Initial Term and the Extension Term by providing the other party written notice at least 60 days prior to the expiration of the term of service. Either party may terminate service during the Extension Term by providing the other party at least 60 days prior written notice.Extended Term

Appears in 1 contract

Samples: enterprise.verizon.com

Term and Renewal Options. The term of service is 36 monthstwenty-four (24) months (Initial Term). Following the expiration of the term of serviceInitial Term, service under this option will continue on a month-to-month basis subject to the terms and conditions, including rates and discounts set forth under this option (Extension Term). The Company or the Customer may elect to forego the Extension Term by providing the other party written notice at least 60 days prior to the expiration of the term of serviceInitial Term. Either party may terminate service during the Extension Term by providing the other party at least 60 days prior written notice.

Appears in 1 contract

Samples: enterprise.verizon.com

AutoNDA by SimpleDocs

Term and Renewal Options. The term of service is 36 monthsmonths (Initial Term). Following the expiration of the term of serviceInitial Term, service under this option will continue on a month-to-month basis for 36 months subject to the terms and conditions, including rates and discounts set forth for under this option (Extension Term). The Company or the Customer may elect to forego the Extension Term by providing the other party written notice at least 60 30 days prior to the expiration of the term of serviceInitial Term. Either party may terminate service during Term shall mean the Initial Term and the Extension Term by providing the other party at least 60 days prior written noticeTerm.

Appears in 1 contract

Samples: enterprise.verizon.com

Term and Renewal Options. The term of service is 36 monthsmonths (Initial Term). Following the expiration of the term of serviceInitial Term, service under this option will continue on a month-to-month basis subject to the terms and conditions, including rates and discounts set forth under this option (Extension Term). The Company or the Customer may elect to forego the Extension Term by providing the other party written notice at least 60 days prior to the expiration of the term of serviceInitial Term. Either party may terminate service during the Extension Term by providing the other party at least 60 days prior written notice.

Appears in 1 contract

Samples: enterprise.verizon.com

Term and Renewal Options. The term of service is 36 twenty four (24) months. Following the expiration of the term of serviceInitial Term, service under this option will continue on a month-to-month basis subject to the terms and conditions, including rates and discounts set forth under this option (Extension Term). The Company or the Customer may elect to forego the Extension Term by providing the other party written notice at least 60 days prior to the expiration of the term of serviceInitial Term. Either party may terminate service during the Extension Term by providing the other party at least 60 days prior written notice.

Appears in 1 contract

Samples: enterprise.verizon.com

Time is Money Join Law Insider Premium to draft better contracts faster.