Period of Renewal Sample Clauses

The Period of Renewal clause defines the timeframe and conditions under which an existing agreement may be extended beyond its original term. Typically, this clause specifies the length of each renewal period, the process for initiating renewal—such as providing written notice within a certain timeframe—and any changes to terms that may apply during renewal. Its core practical function is to provide both parties with a clear, predictable mechanism for continuing their contractual relationship, thereby reducing uncertainty and the need to renegotiate a new agreement from scratch.
Period of Renewal. The Parties agree to initiate renewal discussions no later than 120 days prior to the end of the term. The Sponsor and ▇▇▇▇▇▇▇ agree to negotiate in good faith for a period not to exceed 30 days. If, upon completion of this 30 day period, the Parties are unable to agree on renewal, the Parties may terminate the relationship without prejudice.
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Period of Renewal. An enrolled practitioner may apply for renewal of his or her enrollment card during a 12- month period prior to the expiration of the enrollment card.
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Period of Renewal. The Existing Agreement shall be renewed for a three-year-period from May 1, 1996 to April 30, 1999.
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Period of Renewal. ARTICLE SIGNING
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Related to Period of Renewal

  • Period of Agreement This Agreement shall start on _, 20 (“Effective Date”), and end on , 20_ _, at 12:00 midnight (“Listing Period”), unless the expiration date is extended in writing.

  • Period of Retention All books, records, reports, and statements relevant to this Contract must be retained a minimum three years and for five years if any federal funds are used under this Contract. The retention period runs from the date of payment for the relevant goods or services by the City, or from the date of termination of this Contract, whichever is later. Retention time shall be extended when an audit is scheduled or in progress for a period reasonably necessary to complete an audit and/or to complete any administrative and judicial litigation which may ensue.

  • Period of Continuous Service Period of Notice Not more than 1 year 1 week More than 1 year but not more than 3 years 2 weeks More than 3 years but not more than 5 years 3 weeks More than 5 years 4 weeks

  • Initial Term The initial term will begin on the date set forth in the Contract documents or on the date the Contract is signed by all Parties, whichever is later.

  • CONTRACT RENEWAL PERIOD FURNITURE ADDITIONS/DELETIONS: Contractors wishing to make furniture additions/changes to their contract during the contract period should be aware of the following additions/changes will be allowed only once during a contract period. No changes to discount percentages are allowed during this contract period. Additions/changes must be submitted during the contract renewal period. When requesting additions and/or changes; contractor shall submit a request either by letter or via email which shall include a list of all items being proposed for addition and/or change. Contractor shall submit all required documents supporting any new items. Product literature for all new items shall also be submitted with the request. Contractor is responsible for submitting a complete name, address, email address, phone and fax numbers when a new dealer is added.