Common use of Term of Agreement and Renewals Clause in Contracts

Term of Agreement and Renewals. The Agreement with TIPS is for approximately four years and eleven months ending on July 31, 2027 with an option for renewal for an additional one consecutive year. If TIPS offers the renewal extension year, the Vendor will be notified by email to the primary contact of the awarded Vendor and shall be deemed accepted by the Vendor unless the awarded Vendor notifies TIPS of its objection to the additional term in writing. TIPS may or may not exercise some or all of the available extension(s) provided in the original solicitation beyond the base term. Whether or not to offer some or all of the extension is at the sole discretion of TIPS.

Term of Agreement and Renewals. The Agreement with TIPS is for approximately four three years and eleven months ending on July 31, 2027 with an option for renewal for an additional one consecutive year. If TIPS offers the renewal extension year, the Vendor will be notified by email to the primary contact of the awarded Vendor and shall be deemed accepted by the Vendor unless the awarded Vendor notifies TIPS of its objection to the additional term in writing. TIPS may or may not exercise some or all of the available extension(s) provided in the original solicitation beyond the base three-year term. Whether or not to offer some or all of the extension is at the sole discretion of TIPS.

Term of Agreement and Renewals. The Agreement with TIPS is for approximately four five (5) years and eleven months ending on July 31, 2027 with an option for renewal for an additional one (1) consecutive year. If TIPS offers the renewal extension year, the Vendor will be notified by email to the primary contact of the awarded Vendor and shall be deemed accepted by the Vendor unless the awarded Vendor notifies TIPS of its objection to the additional term in writingterm. TIPS may or may not exercise some or all of the available extension(s) provided in the original solicitation beyond the base five−year term. Whether or not to offer some or all of the extension is at the sole discretion of TIPS.

Term of Agreement and Renewals. The Agreement with TIPS is for approximately four three (3) years and eleven months ending on July 31, 2027 with an option for renewal for an additional one consecutive yearone-year term. If TIPS offers the renewal extension year, the Vendor will be notified by email to the primary contact of the awarded Vendor and shall be deemed accepted by the Vendor unless the awarded Vendor notifies TIPS of its objection to the additional term in writingterm. TIPS may or may not exercise some or all of the available extension(s) provided in the original solicitation beyond the base three-year term. Whether or not to offer some or all of the extension is at the sole discretion of TIPS.

Term of Agreement and Renewals. The Agreement with TIPS is for approximately four five (5) years and eleven months ending on July 31, 2027 with an option for renewal for an additional one (1) consecutive year. If TIPS offers the renewal extension year, the Vendor will be notified by email to the primary contact of the awarded Vendor and shall be deemed accepted by the Vendor unless the awarded Vendor notifies TIPS of its objection to the additional term in writingterm. TIPS may or may not exercise some or all of the available extension(s) provided in the original solicitation beyond the base five-year term. Whether or not to offer some or all of the extension is at the sole discretion of TIPS.