Legal Term
Automatic Renewal Clause
Legal Definition
A contractual provision that causes an agreement to renew automatically for a specified period upon expiration, unless one party provides timely written notice to terminate, as commonly found in studio rental leases for photographers.
In Plain English
A part of a contract that keeps it going for another term unless you officially say you don't want to renew by a certain deadline.
Example in a Contract
Section 4. Renewal: This Studio Rental Agreement shall automatically renew for successive one-year terms following the Initial Term, unless Tenant provides Landlord with written notice of non-renewal at least forty-five (45) days prior to the expiration of the then-current term. All other terms and conditions shall remain unchanged.
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