Common use of Extension Right Clause in Contracts

Extension Right. The Commonwealth reserves the right, upon notice to the Grantee, to extend the term of the Grant Agreement for up to three months upon the same terms and conditions.

Extension Right. The Commonwealth reserves the right, upon notice to the Grantee, to extend the term of the Grant Agreement for up to three 3 months upon the same terms and conditions.

Extension Right. The Commonwealth reserves the right, upon written notice issued by the Contracting Officer to the Grantee, to extend the term of the Grant Agreement for up to three months upon the same terms and conditionsconditions for the sole purpose of preventing a lapse in Grant Agreement coverage and only for the time necessary, up to three months, to enter into a new Agreement.