Sentences with phrase «durations of contracts extend»

Not exact matches

While a large share of these contracts have short durations, often three months or less, a very sizeable share of current contracts extend beyond 2021, with some lasting as long as 100 years.

Every contract for the paid membership is automatically extended at the end of the contractually agreed period for the same duration as agreed for the original subscription if the customer does not give notice to cancel his / her contract at least 7 days before the expiry of the agreed term.

This means that every contract for the paid membership is automatically extended at the end of the contractually agreed period for the same duration as agreed for the original subscription.

For instance, financial guarantee contracts are reported for regulatory purposes as property and casualty insurance, normally considered short - duration, but have elements of long - duration contracts in that they are irrevocable and extend over a period that may be in excess of 30 years.