Term of Agreement; Renewal. This Agreement shall commence as of the Effective Date and expire five (5) years from the date that all Charging Station Facilities identified on Exhibit A first become operational in the aggregate (“Term”). Thereafter, the Term shall automatically renew for up to three (3) additional successive terms of five (5) years each (each a “Renewal Term”), provided PEPCO continues to use the TOWN Property as provided in Paragraph 2 above and until either Party delivers a notice of termination of this Agreement to the other Party no less than three (3) months prior to the expiration of any Term or Renewal Term.
Appears in 4 contracts
Samples: License Agreement, License Agreement, License Agreement
