Optional Term Sample Clauses

Optional Term. After the Initial Term, the City reserves the right, at its sole discretion, to extend the term of this Master Agreement for up to four (4) additional one-year terms (“Option Term(s)”) up through June 30, 2027.
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Optional Term. After the Initial Term, the City reserves the right at its sole discretion, to extend the term of this Agreement for up to two additional one-year terms and one additional six-month term (“Option Term(s)”) up through December 31, 2022.
Optional Term. 2.2.1 V/Line may extend this Agreement for one or more Optional Terms by giving notice to the Contractor before expiry of the then current Term.
Optional Term. After the Initial Term, The Director of Human Resources (“Director”) may extend the Initial Term of the Agreement in one-year increments, up to a maximum of two (2) one-year periods (“Option Period”) up through September 30, 2027.
Optional Term. After the Initial Term, the SUCCESSOR AGENCY reserves the right, at its sole discretion, to extend the term of this AGREEMENT for up to two
Optional Term. After the intiital Term, the City reserves the right, at its sole discretion, to extend the term of this Agreement for up to three (3) additional one-year terms (“Option Terms”).
Optional Term. At the end of the Initial Term, Tenant is granted the option to extend this Lease for an additional Thirty (30) calendar years (the “Optional Term”) provided that the following conditions are met: (i) Tenant has completed the Improvements (as defined below) in a timely manner to the satisfaction of Landlord; (ii) Tenant is in actual occupancy of the Premises and is maintaining and operating the Improvements in accordance with the terms hereof to the satisfaction of Landlord; (iii) Tenant has timely paid all loan payments, rent and other financial obligations, as they become due, during the Initial Term; and (iv) Tenant is not in default of any of the terms, covenants and conditions of this Lease.
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Optional Term. CITY, at CITY’s sole option, may extend this AGREEMENT for up to four (4) additional one-year term by sending notice in writing of such extension.
Optional Term. If applicable list the tasks and other activities to be jointly performed by NPS and the Recipient pursuant to this Agreement.]
Optional Term. Intentionally omitted.
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