Common use of Term Termination and Effect of Termination Clause in Contracts

Term Termination and Effect of Termination. 11.1. The Agreement shall commence upon the Effective Date and continue for two years, and will automatically renew for successive two-year periods, unless a party gives notice of non-renewal at least thirty (30) days prior to the expiration of the then current term, or until terminated as otherwise provided herein. 11.2. Either party shall have the right to terminate this Agreement prior to the expiration of the Term on thirty

Appears in 1 contract

Sources: Perlego License Agreement

Term Termination and Effect of Termination. 11.1. a. Term The term of this Agreement shall commence upon on the Effective Date and continue for two yearsthree years thereafter, unless and until earlier terminated pursuant to Section 6(b) of this Agreement. After this term the Agreement will automatically renew for successive two-year periods, on each anniversary of the Effective Date unless a either party gives the other written notice of non-renewal at least thirty one hundred and eighty (30180) days prior to the expiration of the then current term, or until terminated as otherwise provided hereinsuch anniversary. 11.2. Either party shall have the right to terminate this Agreement prior to the expiration of the Term on thirty

Appears in 1 contract

Sources: Oem Licensing Agreement (Restrac Inc)