Common use of Term and Commencement Clause in Contracts

Term and Commencement. This AGREEMENT will commence as of the date in which the latter of CITY and DISTRICT approve and execute this AGREEMENT, and will continue for a period of five (5) years, unless sooner terminated as provided for hereinafter in Section 12. This AGREEMENT may be renewed for successive five (5) year terms. Such renewal will be deemed automatic unless AGREEMENT is sooner terminated as provided for hereinafter in Section 12 or upon written notice of intent not to renew given to the other party at least one (1) year prior to the expiration of AGREEMENT.

Term and Commencement. This AGREEMENT will shall commence as of the date in on which the latter of CITY TOWN and DISTRICT SCHOOL approve and execute this AGREEMENT, and will shall continue for a period of five (5) years, unless sooner terminated as provided for hereinafter in Section 1211. This AGREEMENT may be renewed for successive five (5) year terms. Such renewal will shall be deemed automatic unless AGREEMENT is terminated sooner terminated as provided for hereinafter in Section 12 11 or upon written notice of intent not to renew given to the other party at least one (1) year prior to the expiration of AGREEMENT.