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An automatic renewal clause is used in the insurance and healthcare industries . An automatic renewal clause (also referred to as an evergreen clause), is activated towards the end of the contractual period whereby it automatically renews the terms of an agreement except when the contract is terminated (through mutual agreement or contract breach), or one of the contracting parties has sent a ...
It also said a member "may cancel for any reason during the initial agreement term by paying a $250.00 early termination fee with a 30-day written notice hand delivered to a manager or team member ...
A termination for convenience clause, or "T for C" clause, [1] enables a party to a contract to bring the contract to an end without the need to establish that the other party is in default, for example because the client party's needs have changed, or in order to arrange for another party to complete the contract.
30-day cooling off period, a mediation or conciliation period required by law or contract before strike or lockout can go into effect; Cooling-off period (consumer rights), a period of time during which the purchaser may cancel a purchase
Slight variations allowed in exercise: Abe enters an agreement with Bo calling for Bo to put down a 30% down payment, conduct certain inspections, and close the transaction in 20 days. He offers it to Carl at those terms. Carl accepts but is entitled to insist on a 20% down payment and a 30-day closing period.
Early termination fee When you agree to work with a property management company, you can expect to have a contract for a certain period of time—usually 12 months.
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