Common use of Initial Term Clause in Contracts

Initial Term. The Parties’ respective performances under this Contract shall commence on the Contract Performance Beginning Date shown on the Signature and Cover Page for this Contract and shall terminate on the Initial Contract Expiration Date shown on the Signature and Cover Page for this Contract (the “Initial Term”) unless sooner terminated or further extended in accordance with the terms of this Contract.

Appears in 54 contracts

Sources: Price Agreement, Price Agreement, Price Agreement

Initial Term. The Parties’ respective performances under this Contract shall commence on the Contract Performance Beginning Date shown on the Signature and Cover Page for this Contract and shall terminate on the Initial Contract Expiration Date shown on the Signature and Cover Page for this Contract (the “Initial Term”) unless sooner terminated or further extended in accordance with the terms of this Contract.

Appears in 18 contracts

Sources: Intergovernmental Agreement, Intergovernmental Agreement, Intergovernmental Agreement

Initial Term. The Parties’ respective performances under this Contract shall commence on the Contract Performance Beginning Date shown on the Signature and Cover Page Pages for this Contract and shall terminate on the Initial Contract Expiration Date shown on the Signature and Cover Page Pages for this Contract (the “Initial Term”) unless sooner terminated or further extended in accordance with the terms of this Contract.

Appears in 2 contracts

Sources: Intergovernmental Agreement, Intergovernmental Agreement

Initial Term. The Parties’ respective performances under this Contract shall commence on the this Contract Performance Beginning Effective Date shown on the Signature and Cover Page for this Contract and shall terminate on the Initial Contract Expiration Date shown on the Signature and Cover Page for this Contract (the “Initial Term”) unless sooner terminated or further extended in accordance with the terms of this Contract.

Appears in 2 contracts

Sources: Intergovernmental Agreement, Intergovernmental Agreement