Common use of EXTENSIONS OF THE TERM Clause in Contracts

EXTENSIONS OF THE TERM. The Term shall be automatically extended for successive [TEXT OMITTED - CONFIDENTIAL TREATMENT REQUESTED] periods after the Expiration Date, unless either Party gives written notices of its intent not to renew the Agreement at least one hundred twenty (120) days prior to the date on which the Term or the then-current renewal period (as applicable) expires. Notwithstanding the above, if Customer and TSG become disaffiliated, either party shall have the option, in its sole and absolute discretion, at any time six (6) months following the disaffiliation to terminate this Agreement by giving six (6) months prior written notice to the other Party; provided, however, that prior to the Expiration Date TSG may not terminate (except for breach pursuant to Section 20.1) Services provided hereunder to the extent such Services are required for Customer to continue support of American Airlines, Inc.

Appears in 2 contracts

Sources: Services Agreement (Sabre Group Holdings Inc), Services Agreement (Sabre Group Holdings Inc)

EXTENSIONS OF THE TERM. The Term shall be automatically extended for successive [TEXT OMITTED - CONFIDENTIAL TREATMENT REQUESTED] periods after the Expiration Date, unless either Party gives written notices of its intent not to renew the Agreement at least one hundred twenty (120) days prior to the date on which the Term or the then-current renewal period (as applicable) expires. Notwithstanding the above, if Customer and TSG become disaffiliated, either party shall have the option, in its sole and absolute discretion, at any time six (6) months following the disaffiliation to terminate this Agreement by giving six (6) months prior written notice to the other Party; provided, however, that prior to the Expiration Date TSG may not terminate (except for breach pursuant to Section 20.1) Services provided hereunder to the extent such Services are required for Customer to continue support of American Airlines, Inc.

Appears in 1 contract

Sources: Services Agreement (Sabre Group Holdings Inc)