Common use of Term Duration Clause in Contracts

Term Duration. 3.1 This Agreement shall commence on the [insert date]. Either party may terminate this Agreement on 3 (THREE) months’ written notice. 3.2 The Member may renew its membership by paying the Network the renewal fee by the due date. By renewing the membership, the Member will be deemed to have agreed to the defined ethics and protocols of the Network as it exists at the time of the renewal. 3.3 If the Member fails to pay the monthly membership subscription by the due date, the Network may, by written notice to the Member, revoke or suspend the membership and all rights attached to the membership.

Term Duration. 3.1 This Agreement shall commence on the [insert date]. Either party may , and shall subsist on a month-to-month basis, with either Party having the right to terminate this Agreement on 3 (THREE) months’ written notice. 3.2 The Member may renew its membership by By signing this document and paying the Network the renewal fee by the due date. By renewing the membershipmembership fee, the Member will be deemed to have agreed to the defined ethics and protocols of the Network as it exists at the time of the renewalNetwork. 3.3 If the Member fails to pay the monthly membership subscription by the due datedate for two consecutive months, the Network may, by written notice to the Member, revoke or suspend the membership and all rights attached to the membership.