Common use of DURATION AND TERM OF AGREEMENT Clause in Contracts

DURATION AND TERM OF AGREEMENT. This Agreement shall be effective from and after January 1, 20 16 and shall remain in full force and effect until 11 :59 p.m. on the 3 1st day of December, 2018. It shall be automatically renewed from year to year thereafter unless either party shall notify the other in writing at least one hundred twenty

DURATION AND TERM OF AGREEMENT. This Agreement shall be effective from and after January 1as of 12:01 a.m. on the 1st day of May, 20 16 2020, and shall remain in full force and effect until 11 :59 11:59 p.m. on the 3 1st 30th day of DecemberApril, 20182023. It shall be automatically renewed from year to year thereafter unless either party shall notify the other in writing at least sixty (60) days prior to the anniversary date that it desires to modify this Agreement. In the event that such notice is given, negotiations shall commence not later than twenty-one hundred twenty(21) calendar days after receipt of such notice, unless otherwise mutually agreed.