Common use of Term; Termination of Agreement Clause in Contracts

Term; Termination of Agreement. (a) This Agreement shall have an initial term ending five years after April 30, 2001, and thereafter shall be renewed for additional two-year terms upon the consent of the Directors.

Appears in 3 contracts

Samples: Advisory Agreement (Apple Hospitality Five Inc), Advisory Agreement (Apple Hospitality Five Inc), Advisory Agreement (Apple Hospitality Two Inc)

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Term; Termination of Agreement. (a) This Agreement shall have an initial one year term ending five years after April 30December 20, 20012011, and thereafter shall be renewed for additional twoone-year terms upon the consent of the Directors.

Appears in 2 contracts

Samples: Advisory Agreement (Apple REIT Ten, Inc.), Advisory Agreement (Apple REIT Ten, Inc.)

Term; Termination of Agreement. (a) This Agreement shall have an initial term ending five years after April 30, 2001from the date of this Agreement, and thereafter shall be renewed for additional two-year terms upon the consent of the Directors.

Appears in 2 contracts

Samples: Advisory Agreement (Apple Suites Inc), Advisory Agreement (Apple Suites Inc)

Term; Termination of Agreement. (a) This Agreement shall have an initial term ending five years after April 30, 2001one year from the date of this Agreement, and thereafter shall be renewed for additional two-from year terms to year upon the consent of the Directors.

Appears in 2 contracts

Samples: Advisory Agreement (Apple Residential Income Trust Inc), Advisory Agreement (Apple Residential Income Trust Inc)

Term; Termination of Agreement. (a) This Agreement shall have an initial term ending five seven years after April 30, 20012007, and thereafter shall be renewed for additional two-year terms upon the consent of the Directors.

Appears in 1 contract

Samples: Advisory Agreement (Apple REIT Eight, Inc.)

Term; Termination of Agreement. (a) This Agreement shall have an initial term ending five seven years after April 3023, 20012008, and thereafter shall be renewed for additional two-year terms upon the consent of the Directors.

Appears in 1 contract

Samples: Advisory Agreement (Apple REIT Nine, Inc.)

Term; Termination of Agreement. (a) This Agreement shall have an initial one year term ending five years after April 30[_______, 20012011], and thereafter shall be renewed for additional twoone-year terms upon the consent of the Directors.

Appears in 1 contract

Samples: Advisory Agreement (Apple REIT Ten, Inc.)

Term; Termination of Agreement. (a) This Agreement shall have an initial term ending five seven years after April 30January , 20012004, and thereafter shall be renewed for additional two-year terms upon the consent of the Directors.

Appears in 1 contract

Samples: Advisory Agreement (Apple Reit Six Inc)

Term; Termination of Agreement. (a) This Agreement shall have an initial term ending five seven years after April 30January 2, 20012003, and thereafter shall be renewed for additional two-year terms upon the consent of the Directors.

Appears in 1 contract

Samples: Advisory Agreement (Apple Hospitality Five Inc)

Term; Termination of Agreement. (a) This Agreement shall have an initial term ending five seven years after April 3023, 20012004, and thereafter shall be renewed for additional two-year terms upon the consent of the Directors.

Appears in 1 contract

Samples: Advisory Agreement (Apple Reit Six Inc)

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Term; Termination of Agreement. (a) This Agreement shall have an initial term ending five seven years after April 30March 2, 20012006, and thereafter shall be renewed for additional two-year terms upon the consent of the Directors.

Appears in 1 contract

Samples: Advisory Agreement (Apple REIT Seven, Inc.)

Term; Termination of Agreement. (a) This Agreement shall have an initial term ending five seven years after April 30, 20012005, and thereafter shall be renewed for additional two-year terms upon the consent of the Directors.

Appears in 1 contract

Samples: Advisory Agreement (Apple REIT Seven, Inc.)

Term; Termination of Agreement. (a) This Agreement shall have an initial one year term ending five years after April 30, 2001on the anniversary date hereof, and thereafter shall be renewed for additional twoone-year terms upon the consent of the Directors.

Appears in 1 contract

Samples: Cost Sharing Agreement (Energy Resources 12, L.P.)

Term; Termination of Agreement. (a) This Agreement shall have an initial term ending five seven years after April 30, 20012008, and thereafter shall be renewed for additional two-year terms upon the consent of the Directors.

Appears in 1 contract

Samples: Advisory Agreement (Apple REIT Nine, Inc.)

Term; Termination of Agreement. (a) This Agreement shall have an initial one year term ending five years after April 30May 20, 20012014, and thereafter shall be renewed for additional twoone-year terms upon the consent of the Directors.

Appears in 1 contract

Samples: Advisory Agreement (Unlimited Sky Holdings, Inc.)

Term; Termination of Agreement. (a) This Agreement shall have an initial term ending five seven years after April 30May 24, 20012007, and thereafter shall be renewed for additional two-year terms upon the consent of the Directors.

Appears in 1 contract

Samples: Advisory Agreement (Apple REIT Eight, Inc.)

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