Term/Renewal Term. This License Agreement shall continue in effect for the period set forth in the Consortium Agreement. Prior to the end of the any term, ORCID shall provide a renewal notice/invoice to Consortium Leader setting forth the expiration date for the then-current term, the dates of the Renewal Term, the relevant fees for the Renewal Term, and the due date for such fees (which shall be net 45 days from the commencement of the Renewal Term). Consortium Leader shall have 30 days from the date of such renewal notice/invoice to provide a counter-notice to ORCID if it intends not to renew the Consortium Agreement and this License Agreement. Each Renewal Term shall be one (1) year and shall commence the first day following the end of the Initial Term or a Renewal Term (unless otherwise set forth in a renewal notice from ORCID). A renewal shall not require signature of the parties, and shall be deemed to have occurred if Consortium Leader does not provide a counter-notice of termination within such 30-day period. Failure to make timely payment in absence of a waiver from ORCID shall result in an automatic termination upon notice from ORCID, effective as of the end of the then- current term.
Term/Renewal Term. 3.1 The initial term of this Lease (“Term”) shall be for six (6) years commencing on the Commencement Date (as defined in Section 4.1 below) and expiring on the last day of the month preceding the month in which the sixth (6th) anniversary of the Commencement Date occurs (the “Expiration Date”), unless sooner terminated as hereinafter provided.
Term/Renewal Term. This Agreement shall continue in effect for the period set forth in the ORCID License Summary. Each Renewal Term shall be one year and shall commence the first day following the end the Initial Term or a Renewal Term (unless otherwise set forth in a renewal invoice from ORCID). A renewal shall not require signature of the Parties, and shall be deemed to have occurred if Licensee pays its renewal fee in a timely manner (as specified in a renewal invoice from ORCID, which shall provide for at least net 45 days payment), or if ORCID elects, in its sole discretion, to accept late payment. Failure to make timely payment in absence of a waiver from ORCID shall result in an automatic termination, effective as of the end of the then-current term.
Term/Renewal Term. Unless this Agreement is otherwise terminated by Licensor as provided in this Agreement, and provided Licensee is in full compliance with its duties and obligations hereunder, the initial Term of this Agreement shall be extended automatically at the expiration of the initial Term for a first "Renewal Term" unless Licensee gives Licensor written notice of termination between February 1, 2014 and July 31, 2014. The first Renewal Term shall commence on February 1, 2015 and continue until January 31, 2025, unless terminated earlier in accordance with the terms and conditions hereof. Subject to the same conditions, the initial Renewal Term shall be extended automatically upon its expiration for a second Renewal Term unless written notice of non-renewal is furnished to Licensor between February 1 and July 31 of the tenth year of the first Renewal Term. The Second Renewal Term shall commence on February 1, 2025 and continue until January 31, 2035, unless terminated earlier in accordance with the terms and conditions hereof. Subject to the same conditions, the second Renewal Term shall be extended automatically upon its expiration for successive five year Renewal Terms unless written notice of non-renewal is furnished to Licensor between February 1 and July 31 preceding the final year of the current Renewal Term. All renewals shall be upon the same terms and conditions as set forth in this Agreement, except as otherwise agreed to in writing by authorized officers of the Parties. If this Agreement remains in effect in 2040, the Parties agree to negotiate in good faith that year in order to conclude and execute an updated version of this Agreement, one reasonably adapted to current circumstances, market conditions, and the like.
Term/Renewal Term. (a) The Term of the Lease is for the period set forth in the Basic Lease Provisions, beginning on the Lease Commencement Date and ending at midnight on the Lease Expiration Date. If under the provisions of this Lease the Term begins on a date other than the Lease Commencement Date set forth in the Basic Lease Provisions, then Landlord shall advise Tenant in writing of the date, and that date shall be the Lease Commencement Date. The Lease Expiration Date shall also be adjusted to provide a term of occupancy equal to the Term set forth in the Basic Lease Provisions. For the three (3) week period prior to the Lease Commencement Date, the Tenant shall have the right to enter upon the Premises for equipment, furniture, and communication installations, provided such entry shall be subject to the provisions of Exhibit "B-2."
Term/Renewal Term. This Agreement shall continue in effect for the period set forth in the ORCID License Summary, and shall automatically renew for subsequent terms of one (1) year, unless either party gives written notice of termination within sixty (60) days of the end of the Initial Term (or any Renewal Term), in which case such termination shall be effective as of the end of the Initial Term (or Renewal Term).
Term/Renewal Term. The Term begins on the Effective Date and continues for three years from the Effective Date unless (a) both parties mutually agree in writing to extend the Term at least thirty (30) days prior to the expiry of the Term, or (b) Commercial Launch occurs in either Tencent Territory or Garena Territory. Upon the Commercial Launch of the Branded Game, this Agreement shall continue in full force and effect until terminated pursuant to Section 8.2 or 8.3 of the Terms and Conditions attached hereto as Attachment 1 or pursuant mutual agreement between the parties hereto in writing (the “Term”). Mobile Game Development Agreement Tencent Confidential [***] [***] Garena Bank Information [***] Tencent Bank Information [***] Exclusivity [***]
Term/Renewal Term. The initial term of this Agreement shall commence on the date of its execution and delivery and shall expire on the 10th anniversary of such date, unless sooner terminated as provided in Section 19 (the "Initial Term"). This Agreement shall automatically be renewed for three successive five-year periods ("Renewal Terms") at the end of the Initial Term and each Renewal Term, unless this Agreement is terminated by either party
Term/Renewal Term. This Agreement is effective upon the Effective Date, and has an initial term ending June 30, 2022 (“Initial Term”). If League is not then in material breach of this Agreement, then League may renew the Initial Term for one (1) two-year renewal term ending June 30, 2024, by giving written notice to Authority by no later than April 30, 2022 (“Xxxxxxx Xxxx,” and together with the Initial Term, the “Term”). If League exercises its option to renew this Agreement, all of the provisions of this Agreement shall apply and be as fully effective during the Renewal Term as during the Initial Term, subject, however, to potential increases in League Expenses (defined in Section 3.1(c)) and Resodding Expenses (defined in Section 3.4) over those applicable during the Initial Term.
Term/Renewal Term. The initial term of this Agreement begins on January 4, 1999 and continues through December 31, 2023, unless sooner terminated, renewed or extended as hereinafter provided. AMSO shall have the option to renew this Agreement for an additional term beginning on January 1, 2024 and ending on January 15, 2049, on the same terms and conditions herein set forth, except with respect to the purchase price adjustment set forth in Section 3 hereof. AMSO's option to renew shall be exercised, if at all, by written notice form AMSO to PMSV given not later than six (6) months prior to the expiration of the initial term of this Agreement.
