Common use of FLEXIBLE EXTENSION OF THE CONTRACT PERIOD Clause in Contracts

FLEXIBLE EXTENSION OF THE CONTRACT PERIOD. In the event that the total value of Goods and/or Services, actually ordered within the “Contract Period” is less than the maximum value (including flexibilities)of the Contract , the Purchaser shall have the right, by no later than 30 days prior to the end of the Basic Frame Contract Period or the Option Period (detailed in para. 2.3 below), to notify the Supplier in writing of its intention to extend the Contract Period by a period of up to 12 months (hereinafter: the “Extension Period”). In no event shall the total Order/Contract period (including the Extension Period and Option Period) exceed 36 months from the beginning of the Basic Frame Contract Period.

Appears in 4 contracts

Samples: Framework Agreement, Framework Agreement, Framework Agreement

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FLEXIBLE EXTENSION OF THE CONTRACT PERIOD. In the event that the total value of Goods and/or ServicesGoods, actually ordered within the “Contract Period” is ” is less than the maximum value (including flexibilities)of flexibilities) of the Contract Contract, the Purchaser shall have the right, by no later than 30 days prior to the end of the Basic Frame Contract Period or the Option Period (detailed in para. 2.3 below), to notify the Supplier in writing of its intention to extend the Contract Period by a period of up to 12 24 months (hereinafter: the “Extension Period”). In no event shall the total Order/Contract period (including the Extension Period and Option Period) exceed 36 60 months from the beginning of the Basic Frame Contract Period.

Appears in 2 contracts

Samples: Framework Agreement, Framework Agreement

FLEXIBLE EXTENSION OF THE CONTRACT PERIOD. In the event that the total value of Goods and/or Services, actually ordered within the “Contract Period” is less than the maximum value (including flexibilities)of the Contract , the Purchaser shall have the right, by no later than 30 days prior to the end of the Basic Frame Contract Period or the Option Period (detailed in para. 2.3 below), to notify the Supplier in writing of its intention to extend the Contract Period by a period of up to 12 24 months (hereinafter: the “Extension Period”). In no event shall the total Order/Contract period (including the Extension Period and Option Period) exceed 36 60 months from the beginning of the Basic Frame Contract Period.

Appears in 2 contracts

Samples: Framework Agreement, Framework Agreement

FLEXIBLE EXTENSION OF THE CONTRACT PERIOD. In the event that the total value of Goods and/or Services, actually ordered within the “Contract Period” is less than the maximum value (including flexibilities)of the Contract , the Purchaser shall have the right, by no later than 30 days prior to the end of the Basic Frame Contract Period or the Option Period (detailed in para. 2.3 below), to notify the Supplier in writing of its intention to extend the Contract Period by a period of up to 12 36 months (hereinafter: the “Extension Period”). In no event shall the total Order/Contract period (including the Extension Period and Option Period) exceed 36 60 months from the beginning of the Basic Frame Contract Period.

Appears in 2 contracts

Samples: Framework Agreement, Framework Agreement

FLEXIBLE EXTENSION OF THE CONTRACT PERIOD. In the event that the total value of Goods and/or ServicesGoods, actually ordered within the “Contract Period” is less than one hundred percent (100%) of the maximum value (including flexibilities)of the Basic Contract Value, the Purchaser shall have the right, by no later than 30 days prior to the end of the Basic Frame Contract Period or the Option Period (detailed in para. 2.3 below), to notify the Supplier in writing of its intention to extend the Contract Period by a period of up to 12 24 months (hereinafter: the “Extension Period”). In no event shall the total Order/Contract period (including the Extension Period and Option Period) exceed 36 60 months from the beginning of the Basic Frame Contract Period.

Appears in 2 contracts

Samples: Framework Agreement, Framework Agreement

FLEXIBLE EXTENSION OF THE CONTRACT PERIOD. 2.2.1 In the event that the total value of Goods and/or Services, actually ordered within the “Contract Period” is less than the maximum value (including flexibilities)of the Contract , the Purchaser shall have the right, by no later than 30 days prior to the end of the Basic Frame Contract Period or the Option Period (detailed in para. 2.3 below)Period, to notify the Supplier in writing of its intention to extend the Contract Period by a period of up to 12 months (hereinafter: the “Extension Period”). In no event shall the total Order/Contract period (including the Extension Period and Option Period) exceed 36 months from the beginning of the Basic Frame Contract Period.

Appears in 1 contract

Samples: Framework Agreement

FLEXIBLE EXTENSION OF THE CONTRACT PERIOD. In the event that the total value of Goods and/or ServicesGoods, actually ordered within the “Contract Period” is less than one hundred percent (100%) of the maximum value (including flexibilities)of the Basic Contract Value, the Purchaser shall have the right, by no later than 30 days prior to the end of the Basic Frame Contract Period or any of the Option Period Periods (detailed in para. 2.3 below), to notify the Supplier in writing of its intention to extend the Contract Period by a period of up to 12 months (hereinafter: the “Extension Period”). In no event shall the total Order/Contract period (including the Extension Period and Option Period) exceed 36 84 months from the beginning of the Basic Frame Contract Period.

Appears in 1 contract

Samples: Frame Agreement

FLEXIBLE EXTENSION OF THE CONTRACT PERIOD. In the event that the total value of Goods and/or Services, actually ordered within the “Contract Period” is less than the maximum value (including flexibilities)of flexibilities) of the Contract Contract, the Purchaser shall have the right, by no later than 30 days prior to the end of the Basic Frame Contract Period or the Option Period (detailed in para. 2.3 below)Period, to notify the Supplier in writing of its intention to extend the Contract Period by a period of up to 12 36 months (hereinafter: the “Extension Period”). In no event shall the total Order/Contract period (including the Extension Period and Option Period) exceed 36 84 months from the beginning of the Basic Frame Contract Period.

Appears in 1 contract

Samples: Framework Agreement

FLEXIBLE EXTENSION OF THE CONTRACT PERIOD. In the event that the total value of Goods and/or Services, actually ordered within the “Contract Period” is less than the maximum value (including flexibilities)of the Contract , the Purchaser shall have the right, by no later than 30 days prior to the end of the Basic Frame Contract Period or the Option Period (detailed in para. 2.3 below), to notify the Supplier in writing of its intention to extend the Contract Period by a period of up to 12 24 months (hereinafter: the “Extension Period”). In no event shall the total Order/Contract period (including the Extension Period and Option Period) exceed 36 months from the beginning of the Basic Frame Contract Period.

Appears in 1 contract

Samples: Framework Agreement

FLEXIBLE EXTENSION OF THE CONTRACT PERIOD. In the event that the total value of Goods and/or Services, actually ordered within the “Contract Period” is less than the maximum value (including flexibilities)of the Contract , the Purchaser shall have the right, by no later than 30 days prior to the end of the Basic Frame Contract Period or the Option Period (detailed in para. 2.3 below), to notify the Supplier in writing of its intention to extend the Contract Period by a period of up to 12 36 months (year+year+year) (hereinafter: the “Extension Period”). In no event shall the total Order/Contract period (including the Extension Period and Option Period) exceed 36 months from the beginning of the Basic Frame Contract Period.

Appears in 1 contract

Samples: Framework Agreement

FLEXIBLE EXTENSION OF THE CONTRACT PERIOD. In the event that the total value of Goods and/or Services, actually ordered within the “Contract Period” is less than the maximum value (including flexibilities)of flexibilities) of the Contract , the Purchaser shall have the right, by no later than 30 days prior to the end of the Basic Frame Contract Period or the Option Period (detailed in para. 2.3 below)Period, to notify the Supplier in writing of its intention to extend the Contract Period by a period of up to 12 36 months (on a year to year basis) (hereinafter: the “Extension Period”). In no event shall the total Order/Contract period (including the Extension Period and Option Period) exceed 36 84 months from the beginning of the Basic Frame Contract Period.

Appears in 1 contract

Samples: Framework Agreement

FLEXIBLE EXTENSION OF THE CONTRACT PERIOD. In the event that the total value of Goods and/or Services, actually ordered within the “Contract Period” is less than the maximum value (including flexibilities)of the Contract , the Purchaser shall have the right, by no later than 30 days prior to the end of the Basic Frame Contract Period or the Option Period (detailed in para. 2.3 below), to notify the Supplier in writing of its intention to extend the Contract Period by a period of up to 12 24 (12+12) months (hereinafter: the “Extension Period”). In no event shall the total Order/Contract period (including the Extension Period and Option Period) exceed 36 24 months from the beginning of the Basic Frame Contract Period.

Appears in 1 contract

Samples: Framework Agreement

FLEXIBLE EXTENSION OF THE CONTRACT PERIOD. In the event that the total value of Goods and/or Services, actually ordered within the “Contract Period” is less than the maximum value (including flexibilities)of flexibilities) of the Contract Contract, the Purchaser shall have the right, by no later than 30 days prior to the end of the Basic Frame Contract Period or the Option Period (detailed in para. 2.3 below)Period, to notify the Supplier in writing of its intention to extend the Contract Period by a period of up to 12 36 months (hereinafter: the “Extension Period”), year by year. In no event shall the total Order/Contract period (including the Extension Period and Option Period) exceed 36 84 months from the beginning of the Basic Frame Contract Period.

Appears in 1 contract

Samples: Frame Agreement for Supply of Single Phase Encapsulated, Sf6 Gas Insulated High Voltage Switchgear (Gis)

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FLEXIBLE EXTENSION OF THE CONTRACT PERIOD. In the event that the total value of Goods and/or ServicesGoods, actually ordered within the "Contract Period" is less than one hundred percent (100%) of the maximum value (including flexibilities)of the Basic Contract Value, the Purchaser shall have the right, by no later than 30 days prior to the end of the Basic Frame Contract Period or the Option Period (detailed in para. 2.3 below), to notify the Supplier in writing of its intention to extend the Contract Period by a period of up to 36 months, 12 months month each time (hereinafter: the "Extension Period"). In no event shall the total Order/Contract period (including the Extension Period and Option Period) exceed 36 60 months from the beginning of the Basic Frame Contract Period.

Appears in 1 contract

Samples: Two Year Frame Agreement for Supply of Direct Connected Single Phase Meter

FLEXIBLE EXTENSION OF THE CONTRACT PERIOD. In the event that the total value of Goods and/or Services, actually ordered within the “Contract Period” is less than the maximum value (including flexibilities)of flexibilities) of the Contract , the Purchaser shall have the right, by no later than 30 days prior to the end of the Basic Frame Contract Period or the Option Period (detailed in para. 2.3 below)Period, to notify the Supplier in writing of its intention to extend the Contract Period by a period of up to 12 36 months (hereinafter: the “Extension Period”). In no event shall the total Order/Contract period (including the Extension Period and Option Period) exceed 36 84 months from the beginning of the Basic Frame Contract Period.

Appears in 1 contract

Samples: Framework Agreement

FLEXIBLE EXTENSION OF THE CONTRACT PERIOD. In the event that the total value of Goods and/or Services, actually ordered within the “Contract Period” is less than the maximum value (including flexibilities)of the Contract , the Purchaser shall have the right, by no later than 30 days prior to the end of the Basic Frame Contract Period or the Option Period (detailed in para. 2.3 below), to notify the Supplier in writing of its intention to extend the Contract Period by a period of up to 12 -12--- months (hereinafter: the “Extension Period”). In no event shall the total Order/Contract period (including the Extension Period and Option Period) exceed _36 months from the beginning of the Basic Frame Contract Period.

Appears in 1 contract

Samples: Framework Agreement

FLEXIBLE EXTENSION OF THE CONTRACT PERIOD. In the event that the total value of Goods and/or Services, actually ordered within the “Contract Period” is less than the maximum value (including flexibilities)of flexibilities) of the Contract Contract, the Purchaser shall have the right, by no later than 30 days prior to the end of the Basic Frame Contract Period or the Option Period (detailed in para. 2.3 below), to notify the Supplier in writing of its intention to extend the Contract Period by a period of up to 12 36 months (hereinafter: the “Extension Period”). In no event shall the total Order/Contract period (including the Extension Period and Option Period) exceed 36 60 months from the beginning of the Basic Frame Contract Period.

Appears in 1 contract

Samples: Framework Agreement

FLEXIBLE EXTENSION OF THE CONTRACT PERIOD. In the event that the total value of Goods and/or Services, actually ordered within the “Contract Period” is less than the maximum value (including flexibilities)of flexibilities) of the Contract Contract, the Purchaser shall have the right, by no later than 30 days prior to the end of the Basic Frame Contract Period or the Option Period (detailed in para. 2.3 below), to notify the Supplier in writing of its intention to extend the Contract Period by a period of up to 12 24 months (on a year to year basis) (hereinafter: the “Extension Period”). In no event shall the total Order/Contract period (including the Extension Period and Option Period) exceed 36 60 months from the beginning of the Basic Frame Contract Period.. 2.3. OPTION TO PURCHASE N/A

Appears in 1 contract

Samples: Framework Agreement

FLEXIBLE EXTENSION OF THE CONTRACT PERIOD. In the event that the total value of Goods and/or ServicesGoods, actually ordered within the “Contract Period” is ” is less than the maximum value (including flexibilities)of flexibilities) of the Contract Contract, the Purchaser shall have the right, by no later than 30 days prior to the end of the Basic Frame Contract Period or the Option Period (detailed in para. 2.3 below), to notify the Supplier in writing of its intention to extend the Contract Period by a period of up to 12 24 months (hereinafter: the “Extension Period”). In no event shall the total Order/Contract period (including the Extension Period and Option Period) exceed 36 48 months from the beginning of the Basic Frame Contract Period.

Appears in 1 contract

Samples: Framework Agreement

FLEXIBLE EXTENSION OF THE CONTRACT PERIOD. In the event that the total value of Goods and/or Services, actually ordered within the “Contract Period” is less than the maximum value (including flexibilities)of the Contract , the Purchaser shall have the right, by no later than 30 days prior to the end of the Basic Frame Contract Period or the Option Period (detailed in para. 2.3 below), to notify the Supplier in writing of its intention to extend the Contract Period by a period of up to 12 36 months (on a year to year basis) (hereinafter: the “Extension Period”). In no event shall the total Order/Contract period (including the Extension Period and Option Period) exceed 36 60 months from the beginning of the Basic Frame Contract Period.

Appears in 1 contract

Samples: Framework Agreement

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