[General] subsists on a year to year basis unless terminated

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vil

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Dear teachers,

Would you be kind enough to give me your considered opinion concerning the equivalency of the following two sentences?

This Agreement subsists on a year to year basis unless terminated =

This Agreement takes effect on the date the order is placed with ….. and will continue until terminated in accordance herewith….

V.
 

Tdol

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I'd say they're different- the first would need to be renewed every year.
 

vil

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What do you think about "Our contractual agreements with fuel merchants typically have initial terms of one year and automatically renew on a year-to-year basis unless either party gives notice of termination."

V.
 

Tdol

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In what sense? It sounds fine but it still doesn't sound the same as the second.
 

vil

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Hi Tdol,

Thank you that you are skeptical about my consecutive abortive attempt at interpretation of a complicated legal specific expression. It’s too obvious that I am not up to it. Manifestly the time is yet ripe to leave off beating the air.

V.
 

Tdol

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Sorry- I have reread and if you mean this sentence as a version of the first sentence in your original post, then I agree. :up:
 

vil

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Hi Tdol,

Thank you for your backing.

V.
 
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