Option Years. Option years shall be included as a year of the contract if the option had been fully exercised at the time of the tender, signing or renewal.
Option Years. The Department shall have the right to unilaterally extend the term of this agreement for four (4), one (1) year option periods or successive portions thereafter. The Department shall give the Contractor preliminary, written notice of its intent to exercise an option period at least thirty (30) days in advance of the contract expiration. The Contractor may waive the thirty (30) day notice requirement by providing a written waiver to the Contracting Department prior to the expiration of the Contract.
Option Years. In the event a Master Agreement and Purchase Agreement for a particular Procurement allow for the exercise of Option Years by the Purchaser, the details of such Option Years, including the process by which Purchasers must provide notice in writing to Metrolinx of its intention to exercise any Option Year, shall be described in the Terms of Reference and incorporated into the Master Agreement of the applicable Procurement. As described in Section 4.5 (Purchase Agreement with Supplier), Purchasers are required to (a) provide notice to Metrolinx of the intention to exercise an Option Year in accordance with the terms set out in the Master Agreement, and (b) the Purchaser and the Supplier must extend the existing Purchase Agreement or enter into a new Purchase Agreement for the duration of the Option Year. Notwithstanding anything in this Agreement to the contrary, in the event that no Purchaser notifies Metrolinx of its intention to exercise the Option Years under a Master Agreement, that Master Agreement shall be deemed to be at an end and shall expire at the completion of its stated term, unless the Steering Committee advises Metrolinx otherwise.
Option Years. If Parties agree on a suitable Fellow for future years, the Port can extend the agreement for up to two (2) years by providing written notice in accordance with Section 11 below. Such written notice will describe the projects and initiatives for the year, as well as the lump sums to be paid by the Port, which shall be one third of the proposed cost of the Fellow, with King County and the City of Seattle providing the remainder of the funding. The total not to exceed amount to be paid by the Port under this Agreement shall be $146,667.
Option Years. Provided Lessee is and remains in full compliance with the terms and conditions of this Agreement, Lessee shall have the option to extend the Extension Term for two (2) additional consecutive one (1) year terms, referred to herein, respectively, as the “First Option Year” and the “Second Option Year.” The term of this Agreement shall automatically extend for the First Option Year unless Lessee provides written notice to the Port at least one hundred twenty (120) days prior to expiration of the Extension Term that Lessee declines the First Option Year, in which event the term of this Agreement shall expire upon expiration of the Extension Term. The term of this Agreement shall automatically extend for the Second Option Year unless Lessee provides written notice to the Port at least one hundred twenty (120) days prior to expiration of the First Option Term that Lessee declines the Second Option Year, in which event the term of this Agreement shall expire upon expiration of First Option Year. The First Option Year and the Second Option Year are from time to time referred to herein each as an “Option Year” and, collectively, as the “Option Years.”
Option Years. (a) Option Year is defined as a specified timeframe, in accordance with Section 7.0 below, in which the Work shall be carried out in accordance with the Contract requirements at the fixed all-inclusive prices quoted in “Tender Document Form – Contract Prices” (which shall form part of the Articles of Agreement) solely if Metrolinx exercises its option to proceed with an Option Year in accordance with Sections 6.1(c) below.
(b) It is understood that Year Three and Year Four are options exercisable at the sole discretion of Metrolinx. In the event Metrolinx does not exercise its option, the Contract shall be considered complete upon expiration of the current year.
(c) Each Option Year shall be automatically exercised unless Metrolinx informs the Vendor with sixty (60) days written notice prior to the end of the current year that Metrolinx will not be exercising such Option Year.
(d) Smart About Salt
(i) For the duration of the Contract, the Vendor shall provide Metrolinx with documentation by June 15th of the current year of an option year renewal, for verification the Vendor has a continued designation. Failure by the Vendor to maintain “Smart About Salt Certification” may result in Metrolinx not exercising option years.
Option Years. (a) Option Year is defined as a specified timeframe, in accordance with Section 8.0 below, in which the Work shall be carried out in accordance with the Contract requirements at the fixed all-inclusive prices stated in Section 4.0 RQQ Emergent - 05/28/2015 Page 5 of 7 herein solely if Metrolinx exercises its option to proceed with an Option Year in accordance with Sections 7.1(a) and 7.1(b) below.
Option Years. Each Purchaser may exercise the Option Years contemplated by the Master Agreement and the ECS Purchase Agreement, by providing Metrolinx notice in writing of its intention to do so no later than forty-five (45) calendar days prior to the completion of the current term of the Master Agreement. Such notice may be provided by that Purchaser’s Member. As described in Section 4.5 (ECS Purchase Agreement with Supplier), Purchasers are required to renew their existing ECS Purchase Agreement or enter into a new ECS Purchase Agreement with the Supplier upon the exercise of any of the Option Years. Notwithstanding anything in this Agreement to the contrary, in the event that no Purchaser notifies Metrolinx of its intention to exercise the Option Years under the Master Agreement, the Master Agreement shall be deemed to be at an end and shall expire at the completion of its stated term, unless the Steering Committee advises Metrolinx otherwise.
Option Years. For clarification purposes, you shall have an option to renew your subscription for the same services listed in the table above at the same usage limits for two (2) additional 12-month renewal periods, each an “Option Year” for the fees specified in the table above. Professional Services are not included in the Option Years. You must provide Oracle a minimum of 30 days notice prior to the expiration of a service term of your intent to exercise an option below and execute an order for the new option period prior to the expiration date of the existing service period. The Cloud Services listed above may not be renewed at the option year pricing listed above if: (i) Oracle is no longer making such Cloud Services generally available to customers, or (ii) You are seeking to cancel or reduce the number of user licenses of the Cloud Services set forth in this Ordering Document. City of Xxxxxx Technology Servicec Signature Oracle America, Inc. Signature Name Title Signature Date Xxxx Xxxxxxx City Manager 10/12/2018 Name Title Signature Date DocuSign Envelope ID: 2AA27E56-33C8-4C3F-A1BA-0E2D42486F76 Customer Name City of Xxxxxx Technology Servicec Customer Name City of Xxxxxx Technology Servicec Customer Address 000 X XxXxxxxx Xx Customer Address 000 X XxXxxxxx Xx Denton TX Denton TX 76201 76201 Contact Name Xxxxxx Xxxx Contact Name Xxxxxx Xxxx Contact Phone +0 (000) 000-0000 Contact Phone +0 (000) 000-0000 Contact Email xxxxxx.xxxx@xxxxxxxxxxxx.xxx Contact Email xxxxxx.xxxx@xxxxxxxxxxxx.xxx DocuSign Envelope ID: 2AA27E56-33C8-4C3F-A1BA-0E2D42486F76 I, Xxxx Xxxxxxx , the undersigned representative of Oracle America, Inc. (hereafter referred to as Oracle), being an adult over the age of eighteen (18) years of age, verify as an authorized representative of Oracle, on behalf of Oracle, that the company named-above, under the provisions of Subtitle F, Title 10, Government Code Chapter 2270:
1. Does not boycott Israel currently; and
2. Will not boycott Israel during the term of the contract to which this Verification is attached as Exhibit B.
Option Years. H.6.1. General One or more option years may be awarded during the performance period of this contract in accordance with FAR 17.204. It is understood and agreed that the Government has no obligation to award any option years unless it is in the best interest of the Governement.
H.6.2. Evaluation A cost realism analysis will be conducted for all option years.
