Term and Renewal Options. The term of service is 24 months (Initial Term). Following the expiration of the Initial Term, service under this option will continue on a month-to-month basis subject to the terms and conditions, including rates and discounts set forth under this option (Extension Term). The Company or the Customer may elect to forego the Extension Term by providing the other party written notice at least 60 days prior to the expiration of the Initial Term. Either party may terminate service during the Extension Term by providing the other party at least 60 days prior written notice. Term shall mean the Initial Term and the Extension Term.
Term and Renewal Options. 36 months Upon expiration of the Term, the Agreement will be automatically extended on a month-to-month basis unless either party terminates this Agreement upon at least sixty (60) days written notice prior to the end of the Initial Term (“Extended Term”). During the Extended Term, either party may terminate this Agreement upon at least sixty (60) days prior written notice. Minimum Annual Volume Commitment (“AVC”): $180,000.00 Total Service Charges is defined as all charges, after application of all discounts and credits for the services excluding Taxes, Governmental Charges, equipment, Document Delivery Fax, non-recurring charges, goods and services acquired by the Company as the Customer’s agent, international pass-through access and charges for international access provided by the Company and other charges expressly excluded by this Agreement. Data:
Term and Renewal Options. The term of service is 36 months. Following the expiration of the term of service, service under this option will continue on a month-to-month basis subject to the terms and conditions, including rates and discounts set forth under this option (Extension Term). The Company or the Customer may elect to forego the Extension Term by providing the other party written notice at least 60 days prior to the expiration of the term of service. Either party may terminate service during the Extension Term by providing the other party at least 60 days prior written notice.
Term and Renewal Options. The term of service is 24 months (Term).
Term and Renewal Options. The “Initial Term” begins on the Effective Date and ends upon the completion of 24 months. The Agreement will be automatically extended (“Extended Term”) on a month-to-month basis upon the expiration of the Initial Term, unless either party has delivered written notice of its intent to terminate the Agreement at least 60 days prior to the end of the Initial Term. Either party may terminate this Agreement during the Extended Term upon sixty (60) days prior written notice. Term shall mean the Initial Term and the Extended Term. Minimum Annual Volume Commitment (“AVC”): Customer agrees to pay Verizon no less than $ 240,000.00 in Total Service Charges (defined below) during each Contract Year (the “AVC”). A “Contract Year” means each consecutive twelve-month period of the Term starting on the Effective Date. During each monthly billing period of the Extended Term, Customer’s Total Service Charges must equal or exceed 1/12th of the AVC. Rates and Charges:
Term and Renewal Options. The Lease has an initial term of twenty (20) years, subject to extension (at Tenant’s option) as provided therein for two (2) successive additional periods of ten (10) years each.
Term and Renewal Options. 1. The term of this Agreement shall commence on the effective date, unless termi- nated by the operation of law or by acts of the parties in accordance with the terms of this Agreement, will remain in effect for year(s) from that date. Licen- see may continue this Agreement for additional one-year periods by payment of the annual fee applicable at the time of each renewal, as provided in Part III of this Agreement.
Term and Renewal Options. The Initial Term of the Amended and Restated Agreement shall begin on May 1, 2007 and expire twenty-four (24) months after the second full monthly billing period following Customer’s execution of the agreement. Upon expiration of the Initial Term, Customer shall have the option to renew the Agreement for one (1) additional twelve (12) monthly periods renewal term (“Term Extension”), upon thirty (30) days advance notice prior to expiration of the relevant term. The Initial Term and any Term Extension shall collectively be referred to as the “Term.”
Term and Renewal Options. 24 months Upon expiration of the Term, the Agreement will be automatically extended on a month-to-month basis unless either party terminates this Agreement upon at least sixty (60) days written notice prior to the end of the Initial Term (“Extended Term”). During the Extended Term, either party may terminate this Agreement upon at least sixty (60) days prior written notice. Minimum Annual Volume Commitment (“AVC”): $700,000.00 During each monthly billing period of the Extended Term, the Customer’s Total Service Charges must equal or exceed one-twelfth (1/12) of the AVC. Rates and Charges: Data:
Term and Renewal Options. The term of service is 36 months (Term).* For purposes of this option, the first 3 months of the term are defined as the Ramp Period. *For Term, we assume agreement delivered on the same day the Customer signed, and billing cycle starts on the first of the month. Exact Term may vary somewhat if agreement delivered later or billing cycle starts after the first of the month.
