Common use of Evergreen Clause Clause in Contracts

Evergreen Clause. It must contain an “evergreen clause” (automatic renewal provision) that provides, in effect, that it will automatically renew for successive one-year periods prior to the occurrence of the expiry date, unless written notice of non-renewal has been timely sent in the manner described in subparagraph G. below.

Evergreen Clause. It must contain an “"evergreen clause” " (automatic renewal provision) that provides, in effect, that it will automatically renew for successive one-year periods prior to the occurrence of the expiry date, unless written notice of non-renewal has been timely sent in the manner described in subparagraph G. below.