Use, Term and Option to Renew. 2.1 Subject to the terms and conditions of this Agreement, UCA grants to the Hirer a non- exclusive right to undertake the Permitted Purpose at the Property:
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Term and Renewal This Agreement shall become effective as of the Effective Date and shall remain in effect for a period of three years from and after the Live Date (the “Initial Term”), and thereafter shall automatically renew for successive three year terms (each such period, a “Renewal Term”) unless terminated by any party giving written notice of non-renewal at least one hundred eighty days prior to the last day of the then current term to each other party hereto.
