FOLIO Ontology

Renewal Option Clause

IRI:
https://folio.openlegalstandard.org/R85duVZEHXyts6z5ITtUAyz
Preferred Label N/A
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Definition

A Renewal Option Clause is a provision in a contract that grants one or both parties the right to extend the term of the agreement for an additional period of time upon the expiration of the initial term.

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Translations

🇫🇷 fr-fr Clause d'option de renouvellement
🇪🇸 es-es Cláusula de Opción de Renovación
🇲🇽 es-mx Cláusula de Opción de Renovación
🇧🇷 pt-br Cláusula de opção de renovação
🇬🇧 en-gb Renewal Option Clause
🇩🇪 de-de Verlängerungsoption Klausel
🇮🇱 he-il סעיף אפשרות חידוש
🇮🇳 hi-in नवीनीकरण विकल्प शर्त
🇯🇵 ja-jp 更新オプション条項
🇨🇳 zh-cn 续约选项条款

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Additional Information

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Identifier

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Source and Origin

No source or origin information available