Common use of Additional Periods Clause in Contracts

Additional Periods. This Agreement shall be extended at the option of either party hereto for one or more additional periods of five (5) years each (each an "Additional Period"), unless the Owner or Operator have delivered written notice to the other at least 180 days but not more than 365 days prior to the end of the then current period, electing not to extend this Agreement for an Additional Period.

Additional Periods. This Agreement shall be extended at the option of either party hereto for one or more additional periods of five (5) years each following the Renewal Period (each an "Additional Period"), unless the Owner or Operator have delivered written notice to the other at least 180 days days, but not more than 365 days prior to the end of the Renewal Period or the then current periodAdditional Period, as the case may be, electing not to extend this Agreement for an Additional Period.

Additional Periods. This Agreement shall be extended at the option of either party hereto for one or more additional periods of five (5) years each (each an "Additional Period"), ) unless the Owner or and Operator have delivered written notice to the other at least 180 days but not more than 365 days prior to the end of the then current period, electing not to extend this Agreement for an Additional Period.

Additional Periods. This Agreement shall be extended at the option of either party hereto for one or more additional periods of five (5) years each (each an "Additional Period"), ) unless the both Owner or and Operator have delivered written notice to the other at least 180 days but not more than 365 days prior to the end of the then current periodInitial Period or Additional Period, as applicable, electing not to extend this Agreement for an Additional Period.