Common use of No Further Extensions Clause in Contracts

No Further Extensions. Enova acknowledges and agrees that it does not have any right, and Cash America has no obligation, to extend or renew the Agreement beyond the Extended Term. Any request by Enova to extend the term of the Agreement beyond the Extended Term may be accepted or rejected by Cash America in its sole and absolute discretion, for any reason or no reason. However, if Cash America agrees to extend the term of the Agreement the Service Fee will not be less than $25,000 per month.

Appears in 2 contracts

Sources: Transition Services Agreement (Cash America International Inc), Transition Services Agreement (Enova International, Inc.)