RenewalTerm
class RenewalTerm
Defines that on graceful expiration of the agreement (when the agreement ends on its pre-defined end date), a new agreement will be created using the accepted terms on the existing agreement. In other words, the agreement will be renewed. The presence of RenewalTerm
in the offer document means that auto-renewal is allowed. Buyers will have the option to accept or decline auto-renewal at the offer acceptance/agreement creation. Buyers can also change this flag from True
to False
or False
to True
at anytime during the agreement's lifecycle.