Common use of Term and Extensions Clause in Contracts

Term and Extensions. 2.1 This Agreement shall be for an initial term commencing on the date hereof and ending at 11:59 p.m., prevailing legal time in Atlanta, Georgia, on December 31, 2011 (the “Initial Term”), unless sooner terminated as hereinafter provided. 2.2 Should the County cease to utilize Fire Station 12 to provide Fire and Rescue Services for a period of one-hundred and twenty (120) days, or be otherwise abandoned, this Agreement shall terminate instanter, unless the County resumes the use of the Fire Station 12 within thirty (30) days after written notice of such deemed abandonment is delivered by the City to the County 2.3 This Agreement shall automatically renew each year for additional one (1) full calendar year (the “Successive Terms”) through December 31, 2061, unless sooner terminated as hereinafter provided. These Successive Terms shall be upon all of the same terms, covenants and conditions of this Agreement then applicable. The Initial Term and each Successive Term is referred to herein as, the “Term.”