Option to Renew Clause

Option to Renew Clause - An Option to Renew Clause is a provision in a contract that grants one party 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)
Option to Renew Clause
Preferred Label
None
Alternative Labels
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Identifier
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Definition and Examples

Definition
An Option to Renew Clause is a provision in a contract that grants one party 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
de-de
Klausel zur Verlängerungsoption
en-gb
Option to Renew Clause
he-il
סעיף אפשרות לחידוש
hi-in
नवीनीकरण विकल्प शर्त
ja-jp
更新オプション条項
zh-cn
续约条款

Class Relationships

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Additional Information

Comment
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Description
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Notes
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Deprecated
False

Metadata

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