Common use of TERM OF EFFECTIVENESS AND TERMINATION Clause in Contracts

TERM OF EFFECTIVENESS AND TERMINATION. 8.1. This Agreement takes effect on the Effective Date and shall continue to be in force for , or until all obligations of the Parties have been fully discharged. Unless one Party notifies the other of its intention to terminate this Master Agreement at least 30 (thirty) days prior to the end of the current term, this Agreement will be automatically extended for an identical duration and under the same terms as stipulated herein.

Appears in 146 contracts

Samples: Development Services Agreement, System Development Agreement, Generation Services Agreement

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