Automatic renewal clause definition

Automatic renewal clause means a provision of a
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Automatic renewal clause means a provision of a contract that extends the term of
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Automatic renewal clause means a provision of a contract that extends the
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Examples of Automatic renewal clause in a sentence

  • In this chapter: 18 (1) "Automatic renewal clause" means a provision of a 19 contract that extends the term of or renews a contract if the 20 consumer does not take a specified action.

  • In this chapter: 11 (1) "Automatic renewal clause" means a provision of a 12 contract that extends the term of or renews a contract if the 13 consumer does not take a specified action.


More Definitions of Automatic renewal clause

Automatic renewal clause means a provision of a contract that extends the term of or renews a contract if the consumer does not take a specified action, provided the original contract term is
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Automatic renewal clause means a provision of a contract that extends the term of or renews a contract for a period of at least one month if the consumer does not take a specified action.
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Automatic renewal clause means that at the expiration of the freedom period, the employer shall continue to recognize the majority status of the incumbent bargaining agent where no petition for certification election is filed.
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Related to Automatic renewal clause

  • Early Termination Charge means, with respect to any 2019-B Lease that is terminated prior to its Maturity Date, an amount equal to the lesser of (a) the present value (discounted at the implicit rate of such 2019-B Lease) of all remaining Monthly Payments and (b) the excess, if any, of the adjusted 2019-B Lease balance over the related 2019-B Vehicle’s fair market wholesale value in accordance with accepted practices in the automobile industry (or by written agreement between the Servicer, on behalf of the Titling Trust, and the Lessee).

  • Renewal Term has the meaning set forth in Section 2.