Term and Renewal definition

Term and Renewal shall hereby be amended as follows:
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Term and Renewal. Is deleted in its entirety and replaced with the following: The “Term” of this Agreement shall begin on the Effective Date and end on June 30, 2017. Thereafter, the Agreement may be renewed upon mutual agreement by Contractor and GTA for an additional five (5) year period beginning on July 1, 2017 and end on June 30, 2022. The terms and conditions of this Agreement shall apply during any renewals of the Term. The term of the Services and/or Devices ordered by an Agency hereunder shall begin on receipt of a Purchase Order for each procuring Agency and end upon the completion of the Order.
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Term and Renewal. A new Paragraph II B.(4) is hereby added to the Agreement as follows:
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Examples of Term and Renewal in a sentence

  • Section 2.03 Term of Agreement, Subsection A, Term and Renewal, the initial term of this Agreement shall be extended an additional five (5) years beginning on November 1, 2016 and ending on October 31, 2021.

  • Term and Renewal of Agreements The Agreement with TIPS is for approximately two (2) years with the expiration date to be March 31, 2022 The scheduled Agreement termination date shall be the last date of the month of the last month of the agreement’s legal effect.

  • The Department will not consider or evaluate a proposal for any Service Category that fails to provide pricing for all job titles in a Service Category for both the Initial Term and Renewal Term.

  • Initial Term and Renewal Options – Provide the proposed monthly rent for the initial term and any renewal options.

  • For Respondent to be considered for an award in a Service Category, the Respondent is required to submit pricing for all job titles within the Service Category they are proposing to offer services for both the Initial Term and Renewal Term.


More Definitions of Term and Renewal

Term and Renewal. This agreement shall be binding on both the City and GAP on an automatic renewable term of five (5) years from the effective date of this MOU. This agreement and any successive term(s) shall be predicated upon mutually agreed upon review of the terms and conditions set forth herein and modified from time to time as appropriate. If any of the parties desire to terminate this MOU, they will provide the other party said notice of termination in writing sixty (60) days prior to the then renewal date. If the MOU is not renewed the sculptures will be removed at the expense of GAP.
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Term and Renewal is deleted in its entirety and replaced by the following:
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Term and Renewal. The term ("Term") of this contract shall be the length of the current calendar year of the join date listed above or any period of time from which member has paid annual dues in advance (not to exceed 12 months). Thereafter, the Term automatically shall renew for the same duration as the prior term unless the membership has been canceled. If at any time Member prepays additional monthly, quarterly, or annual dues, the Term shall automatically be extended for the period covered by such prepayment (not to exceed 12 months). Member agrees, authorizes, and directs the Club to continue to access member's bank account or credit card or to invoice member for monthly, quarterly, or annual dues, payments, or other fees and charges authorized in this contract for the Term of this contract from and after the sign date on this contract.
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Related to Term and Renewal

  • Initial Term has the meaning set forth in Section 7.1.

  • Renewal means the terms on which the contract of insurance can be renewed on mutual consent with a provision of grace period for treating the renewal continuous for the purpose of gaining credit for pre-existing diseases, time-bound exclusions and for all waiting periods.

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

  • Renewal Period “Buyer” and “Default” have the same meanings respectively as they have in the Water Agreement.

  • Annual Renewal Date means the date in any calendar year, subsequent to the year in which the Policy comes into effect, corresponding numerically with the Policy Commencement date in that subsequent year.

  • Extended Term shall have the meaning given such term in Section 2.4.

  • Renewal Date means the effective date of Renewal. The first Renewal Date shall be the date as specified in the Policy Schedule (which shall not be later than the first anniversary of the Policy Effective Date) and the subsequent Renewal Date(s) shall be the anniversary(ies) of the first Renewal Date. The relevant Renewal Date shall be specified in the notification of Renewal in accordance with Section 3 of Part 4.

  • Non-Renewal shall have the meaning set forth in Paragraph 2(b) hereof.

  • Extension Term means the time period defined in §2.C.

  • Renewal Notice As defined in Section 1.4(a).

  • Original Term means the period from the Commencement Date until the end of the fiscal year of Lessee in effect at such Commencement Date.

  • Renewal Terms means the renewal terms of a Property Schedule, each having a duration of one year and a term coextensive with Lessee's budget year.

  • Period of Agreement means 5 years from the date of Final acceptance of the Project.

  • Nonrenewal means the termination of a term contract at the end of the contract period.

  • Extension has the meaning specified in Section 2.18(a).

  • Minimum Term means the minimum period of service for each Service as shown on the Service Agreement, such period to start on the date on which the relevant Service is first made available to you for use;

  • Renewal Application means a document used to collect pertinent data for renewal of permits

  • Extension Agreement shall have the meaning provided in Section 2.15(c).

  • Period of Extended Hire means any additional period that the Hirer wishes the Agency Worker to be supplied for beyond the duration of the original Assignment or series of assignments as an alternative to paying a Transfer Fee;

  • (22) the term jail or lockup for adults’ means