Initiation Date definition
Examples of Initiation Date in a sentence
After the [***] anniversary of the Initiation Date, (i) CLIENT may terminate this Agreement in its entirety by providing written notice of termination no less than [***] in advance of the date of termination, and (ii) LONZA may terminate this Agreement in its entirety by providing written notice of termination no less than [***] in advance of the date of termination.
Unless earlier terminated, the term of this Agreement will commence on the Effective Date and will continue until the [***] anniversary of the Initiation Date (the “Initial Term”); provided, however, that CLIENT may, at is option, extend the term of this Agreement for up to [***] successive [***] terms following expiration of the Initial Term (each an “Extended Term”) by providing written notice thereof to LONZA no later than [***] prior to expiration of the then-current Term.