Term of Agreement; Renewal. This Agreement shall be valid for an initial term of five (5) years. Unless either party by written notice sent to the other party at least sixty (60) days before the end of any 5-year term hereof elects not to renew this Agreement, this Agreement shall renew automatically for successive terms of five (5) years on the same terms as contained herein.
Appears in 4 contracts
Samples: Disposition Agreement (Apple Residential Income Trust Inc), Disposition Agreement (Apple Residential Income Trust Inc), Disposition Agreement (Apple Suites Inc)
Term of Agreement; Renewal. This Agreement shall be valid for an initial term of five (5) yearsyears ending March 1, 2011. Unless either party by written notice sent to the other party at least sixty (60) days before the end of any 5-year term hereof elects not to renew this Agreement, this Agreement shall renew automatically for successive terms of five (5) years on the same terms as contained herein.
Appears in 2 contracts
Samples: Agreement (Apple REIT Seven, Inc.), Agreement (Apple REIT Eight, Inc.)
Term of Agreement; Renewal. This Agreement shall be valid for an initial term of five (5) yearsyears ending , 2010. Unless either party by written notice sent to the other party at least sixty (60) days before the end of any 5-year term hereof elects not to renew this Agreement, this Agreement shall renew automatically for successive terms of five (5) years on the same terms as contained herein.
Appears in 2 contracts
Samples: Agreement (Apple REIT Seven, Inc.), Agreement (Apple REIT Seven, Inc.)
Term of Agreement; Renewal. This Agreement shall be valid for an initial term of five (5) yearsyears ending April 23, 2009. Unless either party by written notice sent to the other party at least sixty (60) days before the end of any 5-year term hereof elects not to renew this Agreement, this Agreement shall renew automatically for successive terms of five (5) years on the same terms as contained herein.
Appears in 1 contract
Samples: Agreement (Apple Reit Six Inc)
Term of Agreement; Renewal. This Agreement shall be valid for an initial term of five (5) yearsyears ending January 2, 2008. Unless either party by written notice sent to the other party at least sixty (60) days before the end of any 5-year term hereof elects not to renew this Agreement, this Agreement shall renew automatically for successive terms of five (5) years on the same terms as contained herein.
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Term of Agreement; Renewal. This (a) Subject to Section 2(b), this Agreement shall be valid for an initial term of five (5) yearsyears beginning November 1, 1996. Unless either party by written notice sent to the other party at least sixty (60) days before the end of any 5-year term hereof elects not to renew this Agreement, this Agreement shall renew automatically for successive terms of five (5) years on the same terms as contained herein.
Appears in 1 contract
Samples: Disposition Agreement (Cornerstone Realty Income Trust Inc)
Term of Agreement; Renewal. This Agreement shall be valid for an initial term of five (5) yearsyears ending March 1, 2012. Unless either party by written notice sent to the other party at least sixty (60) days before the end of any 5-year term hereof elects not to renew this Agreement, this Agreement shall renew automatically for successive terms of five (5) years on the same terms as contained herein.
Appears in 1 contract
Samples: Agreement (Apple REIT Eight, Inc.)
Term of Agreement; Renewal. This Agreement shall be valid for an initial term of five (5) yearsyears ending April 23, , 2013. Unless either party by written notice sent to the other party at least sixty (60) days before the end of any 5-year term hereof elects not to renew this Agreement, this Agreement shall renew automatically for successive terms of five (5) years on the same terms as contained herein.
Appears in 1 contract
Samples: Agreement (Apple REIT Nine, Inc.)
Term of Agreement; Renewal. This Agreement shall be valid for an initial term of five (5) yearsyears ending ________, 2006. Unless either party by written notice sent to the other party at least sixty (60) days before the end of any 5-year term hereof elects not to renew this Agreement, this Agreement shall renew automatically for successive terms of five (5) years on the same terms as contained herein.
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Term of Agreement; Renewal. This Agreement shall be valid for an initial term of five (5) yearsyears ending April 30, 2006. Unless either party by written notice sent to the other party at least sixty (60) days before the end of any 5-year term hereof elects not to renew this Agreement, this Agreement shall renew automatically for successive terms of five (5) years on the same terms as contained herein.
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Term of Agreement; Renewal. This Agreement shall be valid for an initial term of five (5) yearsyears ending December 20, 2015. Unless either party by written notice sent to the other party at least sixty (60) days before the end of any 5-year term hereof elects not to renew this Agreement, this Agreement shall renew automatically for successive terms of five (5) years on the same terms as contained herein.
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Term of Agreement; Renewal. This Agreement shall be valid for an initial term of five (5) yearsyears ending March 1, 2013. Unless either party by written notice sent to the other party at least sixty (60) days before the end of any 5-year term hereof elects not to renew this Agreement, this Agreement shall renew automatically for successive terms of five (5) years on the same terms as contained herein.
Appears in 1 contract
Samples: Agreement (Apple REIT Nine, Inc.)
Term of Agreement; Renewal. This Agreement shall be valid for an initial term of five (5) yearsyears ending , 2013. Unless either party by written notice sent to the other party at least sixty (60) days before the end of any 5-year term hereof elects not to renew this Agreement, this Agreement shall renew automatically for successive terms of five (5) years on the same terms as contained herein.
Appears in 1 contract
Samples: Agreement (Apple REIT Nine, Inc.)
Term of Agreement; Renewal. This Agreement shall be valid for an initial term of five (5) yearsyears ending January , 2009. Unless either party by written notice sent to the other party at least sixty (60) days before the end of any 5-year term hereof elects not to renew this Agreement, this Agreement shall renew automatically for successive terms of five (5) years on the same terms as contained herein.
Appears in 1 contract
Samples: Agreement (Apple Reit Six Inc)
Term of Agreement; Renewal. This Subject to Section 2(b), this Agreement shall be valid for an initial term of five (5) yearsyears beginning January 1, 1999. Unless either party by written notice sent to the other party at least sixty (60) days before the end of any 5-year term hereof elects not to renew this Agreement, this Agreement shall renew automatically for successive terms of five (5) years on the same terms as contained herein.
Appears in 1 contract
Samples: Disposition Agreement (Apple Residential Income Trust Inc)
Term of Agreement; Renewal. This Agreement shall be valid for an initial term of five (5) yearsyears ending September , 2007. Unless either party by written notice sent to the other party at least sixty (60) days before the end of any 5-year term hereof elects not to renew this Agreement, this Agreement shall renew automatically for successive terms of five (5) years on the same terms as contained herein.
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Term of Agreement; Renewal. This Agreement shall be valid for an initial term of five (5) yearsyears ending ________ ________, 2015. Unless either party by written notice sent to the other party at least sixty (60) days before the end of any 5-year term hereof elects not to renew this Agreement, this Agreement shall renew automatically for successive terms of five (5) years on the same terms as contained herein.
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Term of Agreement; Renewal. This Agreement shall be valid for an initial term of five (5) yearsyears ending May 20, 2018. Unless either party by written notice sent to the other party at least sixty (60) days before the end of any 5-year term hereof elects not to renew this Agreement, this Agreement shall renew automatically for successive terms of five (5) years on the same terms as contained herein.
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