Define: Exit Period

The meaning of “Exit Period” differs based on where it is used. We list many below, then combine them into one or more market-standard definitions.

Which definition should you use?

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What is the most popular definition of 'Exit Period'?

any period of notice to terminate this Agreement which has been given under clause 23 or , where such notice has not been given before twelve (12) months prior to the expiry of the Contract Term (or, if applicable, the Extended Contract Period), the twelve (12) month period prior to the expiry of the Contract Term or Extended Contract Period (as applicable);