Common use of Term of Contract; Contract Extension Clause in Contracts

Term of Contract; Contract Extension. The Contract will be in effect for full monthly billing cycles for each account. The start date for deliveries shall be unless a different date is referenced in the notes section of the Data Exhibit for the account(s). With thirty (30) days notice, the State may extend this Contract, prior to Termination, Expiration or Cancellation, for one month or larger increments at a time, for a total period of twelve (12) additional months. Any contract term extension between the State and the Supplier will be based upon mutually agreed price(s).

Appears in 1 contract

Sources: Contract for the Purchase of Electricity

Term of Contract; Contract Extension. The Contract will be in effect for full monthly billing cycles for each account. The start date for deliveries shall be unless a different date is referenced in the notes section of the Data Exhibit for the account(s). With thirty (30) days notice, the State University may extend this Contract, prior to Termination, Expiration or Cancellation, for one month or larger increments at a time, for a total period of twelve (12) additional months. Any contract term extension between the State University and the Supplier will be based upon mutually agreed price(s).

Appears in 1 contract

Sources: Contract for the Purchase of Electricity

Term of Contract; Contract Extension. The Contract will be in effect for full monthly billing cycles for each account. The start date for deliveries shall be unless a different date is referenced in the notes section of the Data Exhibit for the account(s). With thirty (30) days notice, the State may extend this Contract, prior to Termination, Expiration or Cancellation, for one month or larger increments at a time, for a total period of twelve (12) additional months. Any contract term extension between the State and the Supplier will be based upon mutually agreed price(s).

Appears in 1 contract

Sources: Contract for the Purchase of Electricity