Common use of TEMPORARY EXTENSION OF THE AGREEMENT Clause in Contracts

TEMPORARY EXTENSION OF THE AGREEMENT. The Contractor is obliged to extend the Agreement on otherwise equal terms by up to six (6) months as of the date of discharge of the Agreement, if thus requested by the Customer. The Customer shall give notice to such effect no less than sixty (60) days prior to the discharge of the Agreement. If the Customer terminates the Agreement for breach by the Contractor, notice as mentioned in the above paragraph may be given simultaneously with the notice of termination for breach. If the discharge of the Agreement results from the Contractor terminating for breach by the Customer, such notice may be given within one (1) week of the Customer having received the notice of termination for breach. The right of the Customer to an extension shall in these cases be conditional upon the Customer prepaying consideration for the extended term as stipulated in the above paragraph.

Appears in 6 contracts

Samples: Maintenance Agreement, www.mercell.com, www.mercell.com

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TEMPORARY EXTENSION OF THE AGREEMENT. The Contractor is Supplier will be obliged to extend the Agreement on otherwise equal equivalent terms by for up to six (6) months as of after the date of discharge expiry of the Agreement, if thus so requested by the Customer. The Customer shall must give notice to such this effect no less than sixty (60) calendar days prior to the discharge expiry of the Agreement. If the Customer terminates the Agreement for because of breach by the ContractorSupplier, notice as mentioned stated in the above paragraph section this notice may be given simultaneously with served at the same time as the notice of termination for breach. If the discharge expiry of the Agreement results from the Contractor terminating for is due to breach by the Customer, such notice may be given the Customer must notify the extension within one 1 (1one) week of after the Customer having has received the Supplier’s notice of termination for breach. The right of the Customer to an extension shall in these cases be conditional upon the Customer prepaying consideration for the extended term as stipulated in the above paragraph.

Appears in 3 contracts

Samples: www.mercell.com, www.mercell.com, improbus.com

TEMPORARY EXTENSION OF THE AGREEMENT. The Contractor is Supplier will be obliged to extend the Agreement on otherwise equal equivalent terms by for up to six (6) months as of after the date of discharge expiry of the Agreement, if thus so requested by the Customer. The Customer shall must give notice to such this effect no less than sixty (60) calendar days prior to the discharge expiry of the Agreement. If the Customer terminates the Agreement for because of breach by the ContractorSupplier, notice as mentioned stated in the above paragraph section this notice may be given simultaneously with served at the same time as the notice of termination for breach. If the discharge expiry of the Agreement results from the Contractor terminating for is due to breach by the Customer, such notice may be given the Customer must notify the extension within one 1 (1one) week of after the Customer having has received the Supplier’s notice of termination for breach. The right of the Customer to an extension shall in these cases be conditional upon the Customer prepaying consideration for the extended term as stipulated in the above paragraph.

Appears in 1 contract

Samples: www.mercell.com

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TEMPORARY EXTENSION OF THE AGREEMENT. The Contractor is obliged to extend the Agreement on otherwise equal terms by up to six (6) months as of after the date of discharge of the Agreement, if thus requested by the Customer. The Customer shall give notice to such effect no less than sixty (60) days prior to the discharge of the Agreement. The Contractor shall be entitled to a proportional consideration for the duration of the extended term. If the Customer terminates the Agreement for breach by the Contractor, notice as mentioned in the above paragraph may be given simultaneously with the notice of termination for breach. If the discharge of the Agreement results from the Contractor terminating for breach by the Customer, such notice may be given within one 1 (1one) week of the Customer having received the notice of termination for breach. The right of the Customer to an extension shall in these cases be conditional upon the Customer prepaying consideration for the extended term as stipulated in the above paragraph.

Appears in 1 contract

Samples: Maintenance Agreement Agreement

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