Renewal Option Clause

Renewal Option Clause - 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.

Class Information

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Identification

Label (rdfs)
Renewal Option Clause
Preferred Label
None
Alternative Labels
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Identifier
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Definition and Examples

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.
Examples
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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

Class Relationships

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Additional Information

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Deprecated
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Metadata

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