Common use of Extension Time Clause in Contracts

Extension Time. NWL may by giving written notice to the Customer, seek one or more extensions of the relevant time, specified in paragraph (e) above, for considering whether the Final Application is approved or declined. (i) NWL must specify the reasons for seeking the extension of time in the notice. (ii) The Customer may grant NWL an extension of up to 40 Business Days. (iii) The Customer must not unreasonably withhold its consent to NWL’s request for an extension of time.

Extension Time. NWL may by giving give written notice to the Customer, seek one or more extensions Customer seeking an extension of the relevant time, specified 30 Business Day period referred to in paragraph (ec) above, above for considering whether the Final Application application is approved or declined. (i) . NWL must will specify the reasons for seeking the extension of time in the notice. (ii) . The Customer may can grant NWL an extension of up to 40 20 Business Days. (iii) . The Customer must not unreasonably withhold its consent to NWL’s request for an extension of time.