Host Options Upon the Expiration of the Term Sample Clauses

Host Options Upon the Expiration of the Term. (a) Option to Extend the Term. Provided that no Host Default shall have occurred and is continuing, Host shall have the option to extend the term of this Agreement for one (1) additional ten (10)-year period. Host shall exercise this option, if it so chooses, by giving Seller prior written notice of such exercise at least one-hundred eighty (180) days prior to the Expiration Date. If Host exercises this option, then the Parties will discuss and agree upon any amendments within the 180 day period prior to the Expiration Date. If agreement is reached by the Expiration Date, the Term shall be extended from the Expiration Date for one additional ten (10) year period, subject to the terms and conditions of the Agreement and any amendments agreed to by the Parties.
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Related to Host Options Upon the Expiration of the Term

  • Delivery upon Termination or Expiration No later than the first calendar day after the termination or expiration of the Grant Agreement or upon System Agency’s request, Grantee shall deliver to System Agency all completed, or partially completed, Work Product, including any Incorporated Pre-existing Works, and any and all versions thereof. Grantee’s failure to timely deliver such Work Product is a material breach of the Grant Agreement. Grantee will not retain any copies of the Work Product or any documentation or other products or results of Grantee’s activities under the Grant Agreement without the prior written consent of System Agency.

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