Determine which legal clause the following paragraph belongs to: Subject to applicable Premium increase as agreed by the Parties, the Policy shall be tacitly renewable at each Annual Renewal Date, each renewal period being for a period of one( 1)  year, unless terminated by the Policy holder or the Insurer by means of a written notice sent to the other party, at the last known address of the head office, by registered letter with acknowledgment of receipt atleast three( 3) months before the Annual Renewal Date.