Common use of CONTRACT TERM AND EXTENSIONS Clause in Contracts

CONTRACT TERM AND EXTENSIONS. The Contracts will be in effect for a term of five (5) years. The Contract term shall commence after all necessary approvals and shall become effective upon mailing or electronic communication of the final executed documents to the Contractor (see Appendix B, Contract Creation/Execution). Any purchases issued against this Contract may survive up to one year from the date expiration of the Contract, the terms and conditions of which will apply throughout the extended term. All OGS Centralized Contracts resulting from this Solicitation shall have a co-terminus end date, including those Contracts awarded during any subsequent periodic recruitment. At the State’s option, the Contract may be extended for five (5) years, in increments as deemed to be in the best interest of the State. Whether the optional extensions are exercised is at the sole discretion of the State. A Contractor shall retain the right to decline a Contract extension offered under this section. Any Contract extension will be under the same terms and conditions, subject to any additional applicable statutory and policy requirements. Any extensions provided under this section shall apply in addition to any rights set forth in Appendix B, Contract Term – Extension. The Contract term provided for in this section shall extend 6 months beyond its termination date only for Authorized Users whose contracts must be registered with the Office of the New York City Comptroller. During the 6-month period the definition of Authorized User shall be deemed to refer only to Authorized Users whose contracts must be registered with the Office of the New York City Comptroller. This extension is in addition to any other extensions available under the Contract. The extension provided for in this paragraph shall be upon the then-existing terms and conditions; provided, however, during such extension an Authorized User, as defined in this paragraph, may agree to amend such terms and conditions solely to comply with changes in statutory requirements (e.g. changes in minimum, prevailing or living wages, or regulated services).

Appears in 4 contracts

Samples: Media Buying Services Agreement, Media Buying Services Agreement, Media Buying Services Agreement

AutoNDA by SimpleDocs

CONTRACT TERM AND EXTENSIONS. The Contracts will Contract term shall be in effect for a term of five (5) ten years. The Contract term shall commence after all necessary approvals and shall become effective upon mailing or electronic communication of the final executed documents to the Contractor (see Appendix B, Contract Creation/Execution). Any purchases Purchase orders or contractual documents issued against this Contract may survive up to one year from the date expiration of the Contract, the terms and conditions of which will apply throughout the extended term. All OGS Centralized Contracts resulting from this Solicitation the RFP shall have a co-terminus end date, including those Contracts awarded during any subsequent periodic recruitment. At the State’s option, the Contract may be extended for five (5) years, in increments as deemed to be in the best interest of the State. Whether the optional extensions are exercised is at the sole discretion of the State. A Contractor shall retain the right to decline a Contract extension offered under this section. Any Contract extension will be under the same terms and conditions, subject to any additional applicable statutory and policy requirements. Any extensions provided under this section shall apply in addition to any rights set forth in Appendix B, Contract Term – Extension. The Contract term provided for in this section shall extend 6 months beyond its termination date only for Authorized Users whose contracts must Contracts are required to be registered with the Office of the New York City Comptroller. During the 6-6- month period the definition of Authorized User shall be deemed to refer only to Authorized Users whose contracts must Contracts are required to be registered with the Office of the New York City Comptroller. This extension is in addition to any other extensions available under the Contract. The extension provided for in this paragraph shall be upon the then-existing terms and conditions; provided, however, during such extension an Authorized User, as defined in this paragraph, may agree to amend such terms and conditions solely to comply with changes in statutory requirements (e.g. changes in minimum, prevailing or living wages, or regulated services). If at any time the Contract is canceled, terminated or expires, the Contractor has the affirmative obligation to extend appropriate and reasonable cooperation to assure the orderly transition of Contract services to the subsequent Contractor.

Appears in 4 contracts

Samples: Payment Processing Services Agreement, Payment Processing Services Agreement, Payment Processing Services Agreement

CONTRACT TERM AND EXTENSIONS. The Contracts will term of the Contract shall commence upon execution of the Contract by OGS as evidenced by the date accompanying the OGS Signature line. Unless terminated in accordance with the Contract, the term of each contract, including those awarded during any subsequent periodic recruitment, shall be in effect for a term maximum of five (5) years. The Contract term shall commence after all necessary approvals and shall become effective upon mailing or electronic communication of the final executed documents to the Contractor (see Appendix B, Contract Creation/Execution). Any purchases issued against this Contract may survive up to one year from years commencing on the date expiration of the Contract, the terms and conditions of which will apply throughout the extended termfirst Contract is executed by OGS. All OGS Centralized Contracts resulting from this Solicitation 23167 shall have a co-terminus coterminous end date, including those Contracts awarded during the continuous recruitment period or any subsequent periodic recruitmentrecruitment period. At the State’s option, the Contract may be extended for five (5) an additional 5 years, in increments as deemed to be in the best interest of the State. Whether the optional extensions are exercised is at the sole discretion of the State. A Contractor shall retain the right to decline a Contract extension offered under this section. Any Contract extension will be under the same terms and conditions, subject to any additional applicable statutory and policy requirements. Any extensions provided under this section shall apply in addition to any rights set forth in Appendix B, Contract Term – Extension. The Contract term Term provided for in this section shall extend 6 months beyond its termination date only for Authorized Users whose contracts must be registered with the Office of the New York City Comptroller. During the 6-month period the definition of Authorized User shall be deemed to refer only to Authorized Users whose contracts must be registered with the Office of the New York City Comptroller. This extension is in addition to any other extensions available under the Contract. The extension provided for in this paragraph shall be upon the then-existing terms and conditions; provided, however, during such extension an Authorized User, as defined in this paragraph, may agree to amend such terms and conditions solely to comply with changes in statutory requirements (e.g. changes in minimum, prevailing or living wages, or regulated services).

Appears in 3 contracts

Samples: Contract for the Acquisition of Electronic Poll Book Systems, Contract for the Acquisition of Electronic Poll Book Systems, Contract for the Acquisition of Electronic Poll Book Systems

CONTRACT TERM AND EXTENSIONS. The All Contracts will be in effect for a term awarded under Solicitation 23166 Shall terminate simultaneously ten (10) calendar years from the date of five (5) yearsOGS approval of the first Contract awarded. The Contract term shall Shall commence after all necessary approvals and shall Shall become effective upon mailing or electronic communication of the final executed documents to the Contractor (see Appendix B, Section 22 Contract Creation/Execution). Any purchases issued against this This Contract may survive up to one year from the date expiration of the Contract, the terms and conditions of which will apply throughout the extended term. All all OGS Centralized Contracts resulting from this the Solicitation shall Shall have a co-terminus end date, including those Contracts awarded during any subsequent periodic recruitment. At the State’s option, the Contract may May be extended for five (5) yearsas set forth in Appendix B, in increments as deemed to be in the best interest of the StateSection 23 Contract Term – Extension. Whether the optional extensions are extension is exercised is at the sole discretion of the State. A Contractor shall Shall retain the right to decline a Contract extension offered under this section. Any Contract extension will be under the same terms and conditions, subject to any additional applicable statutory and policy requirements. Any extensions provided under this section shall apply in addition to any rights set forth in Appendix B, Contract Term – Extension. The Contract term provided for in this section shall Shall extend 6 six (6) months beyond its termination date only for Authorized Users whose contracts must Must be registered with the Office of the New York City Comptroller. During the 6six-month period the definition of Authorized User shall Shall be deemed to refer only to Authorized Users whose contracts must Must be registered with the Office of the New York City Comptroller. This extension is in addition to any other extensions available under the Contract. The extension provided for in this paragraph shall Shall be upon the then-existing terms and conditions; provided, however, during such extension an Authorized User, as defined in this paragraph, may May agree to amend such terms and conditions solely to comply with changes in statutory requirements (e.g. changes in minimum, prevailing or living wages, or regulated services).

Appears in 3 contracts

Samples: Agreement for Vehicles, Class 1 8 (Statewide), Agreement for Vehicles, Class 1 8 (Statewide), Agreement for Vehicles, Class 1 8 (Statewide)

CONTRACT TERM AND EXTENSIONS. The Contracts This Contract will be in effect for a term of five up to (5) years. The Contract term shall commence after all necessary approvals and shall become effective upon mailing on the later of (i) February 1, 2022, or electronic communication of (ii) consistent with the final executed documents to the Contractor (see Appendix B, Contract Creation/Execution). Any purchases issued against this Contract may survive up to one year from the date expiration of the Contract, the terms and conditions of which will apply throughout the extended termMOU. All OGS Centralized Contracts resulting from this the Solicitation shall have a co-terminus end date, including those Contracts awarded during any subsequent periodic recruitment. At the State’s option, and consistent with the MOU, this Contract may be extended for five two (52) years, years in increments as deemed to be in the best interest of the State. Whether the optional extensions are exercised is at the sole discretion of the State. A Contractor shall retain the right to decline a Contract extension offered under this section. Any Contract extension will be under the same terms and conditions, subject to consistent with the MOU and any additional applicable statutory and policy requirements. Any extensions provided under this section shall apply in addition to any rights set forth in Appendix B, Contract Term – Extension. The Contract term provided for in this section shall extend 6 months beyond its termination date only for Authorized Users whose contracts must be registered with the Office of the New York City Comptroller. During the 6-month period the definition of Authorized User shall be deemed to refer only to Authorized Users whose contracts must be registered with the Office of the New York City Comptroller. This extension is in addition to any other extensions available under the this Contract. The extension provided for in this paragraph shall be upon the then-existing terms and conditions; provided, however, during such extension an Authorized User, as defined in this paragraph, may agree to amend such terms and conditions solely to comply with changes in statutory requirements (e.g. changes in minimum, prevailing or living wages, or regulated services). Upon termination of this Contract, all rights and obligations set forth herein shall survive in accordance with their terms as to procurements made or individual licenses granted to Authorized Users prior to such termination.

Appears in 1 contract

Samples: Assistive Technology Agreement

AutoNDA by SimpleDocs

CONTRACT TERM AND EXTENSIONS. A. Base Term. The Contracts will Contract Shall be in effect for a term of five (5) years. The Contract term shall Shall commence after all necessary approvals and shall Shall become effective upon mailing or electronic communication of the final executed documents to the Contractor (see Appendix B, Section 22 Contract Creation/Execution). Any purchases issued against this Contract may survive up to one year from the date expiration of the Contract, the terms and conditions of which will apply throughout the extended term. All OGS Centralized Contracts resulting from this Solicitation shall have a co-terminus end date, including those Contracts awarded during any subsequent periodic recruitment. B. Extensions. At the State’s option, the Contract may May be extended for five (5) yearsas set forth in Appendix B, in increments as deemed to be in the best interest of the StateSection 23 Contract Term – Extension. Whether the optional extensions are extension is exercised is at the sole discretion of the State. A Contractor shall Shall retain the right to decline a Contract extension offered under this section. Any Contract extension will be under the same terms and conditions, subject to any additional applicable statutory and policy requirements. Any extensions provided under this section shall apply in addition to any rights set forth in Appendix B, Contract Term – Extension. . C. The Contract term provided for in this section shall Shall extend 6 six (6) months beyond its termination date only for Authorized Users whose contracts must Must be registered with the Office of the New York City Comptroller. During the 6-month six (6)-month period the definition of Authorized User shall Shall be deemed to refer only to Authorized Users whose contracts must Must be registered with the Office of the New York City Comptroller. This extension is in addition to any other extensions available under the Contract. The extension provided for in this paragraph shall Shall be upon the then-existing terms and conditions; provided, however, during such extension an Authorized User, as defined in this paragraph, may May agree to amend such terms and conditions solely to comply with changes in statutory requirements (e.g. changes in minimum, prevailing or living wages, or regulated services).

Appears in 1 contract

Samples: Centralized Contract for Fleet Maintenance Services

CONTRACT TERM AND EXTENSIONS. The Contracts will be in effect for a term of five (5) years. The Contract term shall commence after all necessary approvals and shall become effective November 21, 2024 or upon mailing or electronic communication the date of OSC approval of the final executed documents to documents, whichever is later, and the Contractor (see Appendix BContract term shall end August 20, Contract Creation/Execution). Any purchases issued against this Contract may survive up to one year from the date expiration of the Contract, the terms and conditions of which will apply throughout the extended term2026. All OGS Centralized Contracts resulting from this Solicitation shall have a co-terminus end date, including those Contracts awarded during any subsequent periodic recruitmentnotwithstanding non-renewals or contract cancelations. At the State’s option, the Contract may be extended for five two (52) additional years, in increments as deemed to be in the best interest of the State. Whether the optional extensions are exercised is at the sole discretion of the State. A Contractor shall retain the right to decline a Contract extension offered under this section. Any Contract extension will be under the same terms and conditions, subject to the approval of OSC and any additional applicable statutory and policy requirements. Any extensions provided under this section shall apply in addition to any rights set forth in Appendix B, B Contract Term – ExtensionExtension . The Contract term provided for in this section shall extend 6 months beyond its termination date only for Authorized Users whose contracts must be registered with the Office of the New York City Comptroller. During the 6-month period the definition of Authorized User shall be deemed to refer only to Authorized Users whose contracts must be registered with the Office of the New York City Comptroller. This extension is in addition to any other extensions available under the Contract. The extension provided for in this paragraph shall be upon the then-existing terms and conditions; provided, however, during such extension an Authorized User, as defined in this paragraph, may agree to amend such terms and conditions solely to comply with changes in statutory requirements (e.g. changes in minimum, prevailing or living wages, or regulated services).

Appears in 1 contract

Samples: Agreement for Ultra Low Sulfur Diesel & Biodiesel Fuel

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!