Common use of Term and Termination Date Clause in Contracts

Term and Termination Date. a. This Contract Franchise shall be effective for a term of ten (10) years from the effective date of this Contract Franchise ordinance. Thereafter, this Contract Franchise will renew for additional one (1) year terms, unless either party notifies the other party of its intent to terminate or renegotiate the Contract Franchise at least ninety (90) days before the termination of the then current term. The additional term shall be deemed a continuation of this Contract Franchise and not as a new franchise or amendment.

Term and Termination Date. a. a) This Contract Franchise franchise shall be effective for a term of ten five (105) years from the effective date of this Contract Franchise franchise ordinance. Thereafter, this Contract Franchise franchise will renew for additional one (1) additional five (5) year termsterm, unless either party notifies the other party of its intent to terminate or renegotiate the Contract Franchise franchise at least ninety one hundred and eighty (90180) days before the termination of the then current term. The additional term shall be deemed a continuation of this Contract Franchise franchise and not as a new Contract franchise or amendment.

Term and Termination Date. a. This Contract Franchise shall be effective for a term of ten (10) years from the effective date of this Contract Franchise ordinancebeginning on December 14, 2020 and ending on December 14, 2030. Thereafter, this Contract Franchise will automatically renew for up to five additional one two (12) year terms, unless either party notifies the other party of its intent to terminate or renegotiate the Contract Franchise at least ninety (90) days before the termination of the then current term. The additional term shall be deemed a continuation of this Contract Franchise and not as a new franchise or amendment.

Term and Termination Date. a. This Contract Franchise franchise shall be effective for a term of ten five (105) years from the effective date of this Contract Franchise contract franchise ordinance. Thereafter, this Contract Franchise contract franchise will renew for an additional one three (13) five (5) year terms, unless either party notifies the other party of its intent to terminate or renegotiate the Contract Franchise contract franchise at least ninety (90) days before the termination of the then current term. The additional term shall be deemed a continuation of this Contract Franchise and not as a new franchise or amendment.ninety