OPTION TO EXTEND AGREEMENT. When in the CITY’s best interest, this Agreement may be extended on a daily, month-to-month, annual, or other basis by modification pursuant to Section 19 of this Agreement. The initial term, plus any option to extend, shall not exceed a total of five (5) years.
OPTION TO EXTEND AGREEMENT. 19.1 At the end of the initial Term, Medical Center shall have the option to:
OPTION TO EXTEND AGREEMENT. 25 Provider and Receiver agree to have their respective Responsible Individuals meet for an in-person meeting 26 at the Site to negotiate in good faith to attempt to extend the term of this Agreement. The Parties may elect 27 to extend the Term of this Agreement either under current or revised pricing in five (5) year increments. 28 Neither Party is obligated to agree to an extension of this Agreement. 29 Any extension of this Agreement shall be documented using an Amendment.
OPTION TO EXTEND AGREEMENT. Under Section 12.5 of the County Operations Agreement, the County and each Committed City shall independently have six (6) successive options to continue to commit its Committed City Waste to Contractor for an additional five (5) years per option. The County and/or each City seeking an extension must provide written notice of its decision to exercise each option no later than twelve (12) months prior to the expiration of the then-prior period under which the City’s Waste has been committed (e.g., the initial option must be exercised by the twenty-fourth (24th) year anniversary of the Effective Date). The exercise of the options shall be within the sole respective discretion of the County or City and the exercise of one option does not guaranty or mean that the succeeding option or options will be exercised; provided, however, that the subsequent options may not be exercised unless the immediately preceding option has been exercised. The terms of the County’s and each City’s six (6) successive options, assuming a Commencement Date in 2014, follow below: Option #1: Years 2039-2044 Option #2: Years 2044-2048 Option #3: Years 2049-2054 Option #4: Years 2054-2059 Option #5: Years 2059-2064 Option #6: Years 2064-2069
OPTION TO EXTEND AGREEMENT. The Parties may, by mutual consent, extend the term of the Agreement. Each extension shall be one (1) year from the expiration of the previous term, or for another period of time as directed by the End Customer. The prices for the extension period shall be set as specified in the Contract. The total duration of this Agreement, including any extensions under this provision, shall not exceed the term of the ITSA Prime Contract.
OPTION TO EXTEND AGREEMENT. 18.1 If the Term has not been extended pursuant to Paragraph 15.2 above, Medical Center shall have the option at the end of the ten (10) year initial Term to:
OPTION TO EXTEND AGREEMENT. The following sentence shall be added to the final paragraph in Section 18. “ASHS shall be responsible for the removal of the Equipment at its sole cost upon expiration of the final Term of this Agreement. Such removal shall not occur less than thirty (30) days following termination or expiration of this Agreement.” CONFIDENTIAL TREATMENT REQUESTED UNDER 17 C.F.R. SECTIONS 200.80(b)(4) AND 240.24b-2. [*****] INDICATES OMITTED MATERIAL THAT IS THE SUBJECT OF A CONFIDENTIAL TREATMENT REQUEST FILED SEPARATELY WITH THE COMMISSION. THE OMITTED MATERIAL HAS BEEN FILED SEPARATELY WITH THE COMMISSION.
