Extension Periods Sample Clauses

Extension Periods. For the avoidance of doubt, an extension of the Maturity Date pursuant to this Section 3.06(a) (i) shall become effective on the then-current Maturity Date, and (ii) shall not extend the Repurchase Date of any Transaction (other than with respect to clause (a) of the definition of “Repurchase Date”). In connection with any Extension Period requested by Seller, and approved by Buyer, in accordance with this Section 3.06(a), Buyer and Seller shall execute and deliver an extension confirmation letter in the form and substance of Exhibit I attached hereto or in form and substance otherwise acceptable to Buyer in its sole discretion (each such extension confirmation letter, an “Extension Confirmation Letter”).

Extension Periods. For the avoidance of doubt, an extension of the Maturity Date pursuant to this Section 3.06(a) (i) shall become effective on the then-current Maturity Date, and (ii) shall not extend the Repurchase Date of any Transaction (other than with respect to clause (a) of the definition of “Repurchase Date”). No extension of the then-current Maturity Date shall be effective unless and until Seller has paid the Extension Fee to Buyer.

Extension Periods. (a) Provided the Loan is not then in default, Completion has been achieved, the Improvements are then fully open and operating, and all requirements for the final disbursement of Hard Costs set forth in Section 6.4 of this Agreement have been satisfied, Borrower may, subject to the requirements of this Section 2A.11, extend the maturity of the Notes for the period from the day next succeeding the Maturity Date through the date that occurs eighteen (18) months after the Maturity Date (the "FIRST EXTENSION PERIOD"), and for an additional period from the day next succeeding the last day of the First Extension Period through the date that occurs twelve (12) months after the last day of the First Extension Period (the "SECOND EXTENSION PERIOD"; the First Extension Period and the Second Extension Period are sometimes hereinafter collectively referred to as the "EXTENSION Periods"). (b) Borrower's right to extend the maturity of the Notes for the First Extension Period shall be conditioned upon the satisfaction of the following requirements, as determined by Agent: (i) Borrower shall have delivered written notice of its desire to extend the maturity of the Notes and said written notice must be delivered to Agent not later than sixty (60) days prior to the then effective Maturity Date, (ii) at the time of delivery of such notice, Completion shall have occurred and (iii) no Event of Default hereunder or under any of the other Loan Documents shall have occurred and be continuing and there shall be no outstanding payment default under the Loans. (c) Borrower's right to extend the maturity of the Notes for the Second Extension Period shall be conditioned upon the satisfaction of the following requirements, as determined by Agent: (i) the maturity of the Notes shall have been extended for the First Extension Period, (ii) Borrower shall have delivered written notice of its desire to extend the maturity of the Notes and said written notice must be delivered to Agent not later than sixty (60) days prior to the expiration of the First Extension Period, which notice shall be accompanied by payment of an extension fee equal to 25 basis points (.0025) of the outstanding principal amount of the Notes (plus any unfunded principal made available to Borrower during the Second Extension Period), (iii) no Event of Default hereunder or under any of the other Loan Documents shall have occurred and be continuing and there shall be no outstanding payment default under the Loans and (iv...

Extension Periods. Notwithstanding anything to the contrary contained in the Transaction Documents, if there exists a period (the "Section 16(b) Period") during which the Investor's purchase, sale, exercise, exchange or conversion of any Security pursuant to any Transaction Document would result in liability under Section 16(b) of the Exchange Act, as amended, or the rules and regulations promulgated thereunder, the period during which such Security may be purchased, sold, exercised, exchanged or converted, as the case may be, if prescribed by such Transaction Document, shall be extended for the equivalent number of days of such Section 16(b) Period (the "Extension Period"), with such Extension Period beginning on the later of (a) the expiration date of such Security, if any, or (b) the date of the end of such Section 16(b)

Extension Periods. For the avoidance of doubt, an extension of the Facility Termination Date pursuant to this Section 3.06(a) (i) shall become effective on the then-current Facility Termination Date, and (ii) shall not extend the Repurchase Date of any Transaction other than by operation clause (a) of the definition of “Repurchase Date”).

Extension Periods. This contract will automatically renew for successive one (1) year periods unless either party notifies the other party in writing eighteen (18) months prior to the then applicable contract expiration date of its desire to terminate this contract as of that expiration date. The pricing provisions set forth in Paragraph H shall continue to apply to such renewal periods.

Extension Periods. 2.2.1 Upon the fulfillment by the Contractor of its Exploration obligations set forth in Articles 3.1.1 and 3.1.2 with respect to the Initial Exploration Period, the Contractor may request up to two (2) extensions of the Initial Exploration Period. 2.2.2 For each Extension Period, the Contractor shall file a request with the Ministry at least two (2) months prior to the expiry of the Initial Exploration Period, or as the case may be, the First Extension Period. The Ministry shall not unreasonably withhold or delay the granting of such extension; provided that the Contractor has complied with all of its obligations in the Initial Exploration Period and the First Extension Period, as applicable, and shall not be otherwise in breach of this Contract. 2.2.3 Each request for an extension shall be accompanied by a map specifying the Contract Area proposed to be retained by the Contractor, along with a report specifying any work performed in the proposed relinquished area since the Effective Date and the results obtained therefrom. 2.2.4 If upon expiry of the Initial Exploration Period, or of any Extension Period, any Appraisal work program with respect to a Discovery is still under progress, the Contractor shall be entitled to an additional extension of the then current Exploration Period necessary to complete the work in progress. Furthermore, where Appraisal work has not yet been completed by the Contractor at the time at which a relinquishment contemplated by Article 2.4 is due, the requirement to relinquish shall be suspended until such time that the Contractor completes the said Appraisal work, commerciality is determined and, if applicable, the related establishment of a Field is approved or denied. Any additional extension granted under this Article

Extension Periods. For the avoidance of doubt, an extension of the Maturity Date pursuant to this Section 3.06 shall not extend the Repurchase Date of any Purchased Asset if an earlier Repurchase Date was specified in the related Confirmation.

Extension Periods. If neither Shareholder timely provides a termination notice, the JV shall automatically renew for an additional 2 years period beginning at the end of the Restrictive Period (the “Extension Period”) Extension Periods shall continue every five (5) years until one Shareholder provides a termination notice.