Common use of Volume Commitment Renewal Clause in Contracts

Volume Commitment Renewal. Volume Commitments auto-renew at the end of the initial Volume Commitment Period, unless a Party notifies the other of its intent not to renew at least 90 days before the end of the Volume Commitment Period. The renewed Volume Commitment and Volume Commitment Period will both be equal to what was in effect at the expiration of the initial Volume Commitment Period. In the event of such non-renewal of the Volume Commitment, Services continue to be governed by the Agreement.

Volume Commitment Renewal. Volume Commitments auto-renew at the end of the initial Volume Commitment Period, unless a Party notifies the other of its intent not to renew at least 90 days before the end of the Volume Commitment Period. The renewed Volume Commitment and Volume Commitment Period will both be equal to what was in effect at the expiration of the initial Volume Commitment Period. In the event of such non-renewal of the Volume Commitment, Services continue to be governed by the Agreement. This clause entitled Volume Commitment Renewal will not apply to any USSA executed after May 9, 2025.