Renew Automatically Sample Clauses

The 'Renew Automatically' clause establishes that an agreement will continue for additional terms without requiring explicit action from either party at the end of each term. Typically, this means that unless one party provides advance written notice of their intent not to renew, the contract will automatically extend for a specified period, such as another year. This clause ensures continuity of the contractual relationship and helps prevent accidental lapses in service or coverage due to oversight.
Renew Automatically. If the maturity instruction for your GIC or Term Deposit is automatic renewal, you agree that these Terms and the new Confirmation we issue you at renewal of such GIC or Term Deposit will govern your renewed GIC or Term Deposit.
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Related to Renew Automatically

  • Automatic Extension At the end of the initial term and any subsequent ------------------- term, this Agreement shall automatically renewed for a five (5) year term unless one of the parties provides the other party with written notice of intent not to renew, not less than one hundred eighty (180) day prior to the expiration of the then current term.

  • Automatic Renewal Each Schedule will renew automatically at the end of the then-current Schedule Term for a Schedule Renewal Term unless terminated in accordance with this Agreement by either You or Company.

  • 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.

  • Reinstatement, etc The Guarantor agrees that this Guaranty shall continue to be effective or be reinstated, as the case may be, if at any time any payment (in whole or in part) of any of the Guaranteed Obligations is rescinded or must otherwise be restored by any Lender Party, upon the insolvency, bankruptcy or reorganization of the Borrowers, any other Loan Party or otherwise, all as though such payment had not been made.

  • Contract Period and Renewal The Contract is effective on the signature date of the latter of the Parties to sign this agreement and terminates on June 30, 2023, unless renewed, extended, or terminated pursuant to the terms and conditions of the Contract. The Parties may extend this Contract subject to mutually agreeable terms and conditions.