Common use of Termination After Initial Term Clause in Contracts

Termination After Initial Term. In the event that this Agreement is continued beyond the expected useful life of the CANUS 1 System in conformity with Section 11.1, any Party may thereafter terminate this Agreement by giving the other Party a notice of not less than one (1) year.

Appears in 1 contract

Sources: Indefeasible Right of Use Agreement (Startec Global Holdings Corp)

Termination After Initial Term. In the event that this Agreement is continued beyond the expected useful life of the CANUS 1 CANTAT-3 System in conformity with Section 11.1, any Party may thereafter terminate this Agreement by giving the other Party a notice of not less than one (1( 1 ) year.

Appears in 1 contract

Sources: Indefeasible Right of Use Agreement (Startec Global Holdings Corp)

Termination After Initial Term. In the event that this Agreement is continued beyond the expected useful life of the CANUS 1 CANTAT-3 System in conformity with Section 11.1, any Party may thereafter terminate this Agreement by giving the other Party a notice of not less than one (1) yearyear notice.

Appears in 1 contract

Sources: Indefeasible Right of Use Agreement and Financing Agreement (RSL Communications LTD)