Year Extension Sample Clauses

Year Extension. Student can also get a 1 year extension of their project for only Rs. 3999. They will get full access to all modules, future upgrades and support from Opteamize during the 1-year period.
Sample 1
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Year Extension. Notwithstanding anything to the contrary, and so long as there exists no Event of Default, upon maturity of this Note, the existing maturity date of December 31, 2001, will be extended five (5) years and the then outstanding principal balance will be repaid by Borrower to Lender in equal monthly principal payments. In addition, Borrower shall pay Lender monthly payments of accrued unpaid interest. The interest rate shall be selected by Borrower from one of the three (3) options more fully referenced on the attached Exhibit "A", which is incorporated herein by reference. The Variable Interest Rate, referenced in item (a) on the attached Exhibit "A", shall change from time to time based on changes to the Prime rate as published in the Wall Street Journal ("Index"). The interest rate change will not occur more often than each DAY. The interest rate to be applied to the unpaid principal balance shall be at a rate of 0.250 percentage points over the Index.
Sample 1
Year Extension. If the ---------------------------------------------------------- Grantee shall make available to all users of its cable system in the Village the option to receive 85 channels by no later than September 30, 1999, in accordance with Subsection 35(a) of the Cable Ordinance, then the term of the Franchise shall he extended from September 30, 2009, to September 30, 2017, and shall expire at the end of that day.
Sample 1
Year Extension. In accordance with Section 3 of the Electric Distribution System Franchise Agreement (the Agreement) between ATCO Electric Ltd. (ATCO) and the Town of Three Hills effective February 11, 2013, the Agreement shall be extended for a further period of 5 years, provided ATCO gives written notice not less than 12 months prior to the expiration of the initial term of its intention to extend the Agreement and the Town of Three Hills agrees in writing not less than six months prior to the expiry of the initial term. ATCO provided notice of its intention to extend the Agreement on accordance with Section 3 via email dated February 9, 2022. If Town of Three Hills agrees with this extension for an additional 5-year term, please sign the acknowledgement below and return to the undersigned by August 11, 2022 (no less than 6 months prior to the February 11, 2023 expiry date) of the current Agreement. Feel free to call with any questions or concerns. Sincerely Xxxxx Xxxxxx Digitally signed by Xxxxx Xxxxxx
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Year Extension. Lessee shall have the right to extend the term of this Private Hangar Agreement for a second ten (10) year period of time, , 2053 through , 2063 (“Second 10-Year Extension Term”), provided that Lessee is not in default under terms of this Private Hangar Agreement and the Hangars and associated improvements are determined by the BOCC to be in good and serviceable condition, in accordance with Section IV. C. 3., below.
Sample 1
Year Extension. A billing audit and performance 569 review shall be conducted two years prior to the end of the Initial Term (i.e., during 2031, and to be completed 570 by December 31, 2031) as described in Section 17.02. The cost of the review shall be paid as specified in 571 that Section. In order to be eligible for an Extension of the Term of the Agreement under Section 2.02, 572 Contractor must meet billing and performance standards to the satisfaction of the City. In the event 573 Contractor fails to meet the minimum service and diversion requirements set forth in Section 8.01.1, this 574 Agreement will terminate on June 30, 2033 as set forth in Section 2.01 of this Agreement. 575 Article 3. Conditions Governing Services Provided by Contractor
Sample 1
Year Extension. A billing audit and performance review shall be conducted and completed by April 1, 2034, as described in Article 14. The cost of the review shall be paid as specified in that Section. In order to be eligible for an Extension of the Term of the Agreement under Section 2.02, Contractor must meet billing and performance standards to the satisfaction of the City. In the event Contractor fails to meet the minimum service and diversion requirements set forth in Section 5.01, this Agreement will terminate on September 30, 2036, as set forth in Section 2.01 of this Agreement.
Sample 1
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Year Extension. CONTRACTOR may request one ten- (10-) year term extension to the original fifteen- (15-) year term, and at CITY’s sole option, CITY may grant CONTRACTOR’s request to extend the term. Under no circumstances will CITY be obligated to extend the term. CONTRACTOR must request the ten- (10-) year extension by March 31, 2029 in order to be eligible for the term extension. If CONTRACTOR is found to have a Specified Default (as described in Section 24.09), CONTRACTOR will not be eligible for the ten- (10- ) year extension.
Sample 1
Year Extension. If CONTRACTOR requests a term extension as described in Section 2.02 above, then, at CITY’s sole option, a billing audit and performance review shall, prior to December 31, 2029, be conducted as described in Article 20, and CONTRACTOR must pay the cost of the billing audit and performance review subject to the maximum cost specified in such Article. Regardless of the outcome of this billing audit and performance review, CITY will have no obligation to extend the term of the Agreement.”
Sample 1

Related to Year Extension

  • Renewal, Extension The renewal or extension of any Letter of Credit shall, for purposes hereof, be treated in all respects the same as the issuance of a new Letter of Credit hereunder.

  • Modification, Extension The issuance of any supplement, modification, amendment, renewal, or extension to any Letter of Credit shall, for purposes hereof, be treated in all respects the same as the issuance of a new Letter of Credit hereunder.

  • Extension Term The options to extend the Term of this Lease as described above shall not be deemed exercised by Tenant unless at least twenty-four (24) months prior to the Lease Expiration Date for the Primary Term or at least twenty-four (24) months prior to the expiration of the Extension Term for the first (1st) Extension Term, Tenant shall have delivered written notice to Landlord of Tenant's irrevocable election to so extend this Lease at the end of the Primary Term or the first (1st) Extension Term, as applicable. Tenant's failure to deliver one (1) such timely notice to Landlord shall terminate all future Extension Terms, if any, following the Extension Term to which such notice specifically relates. Subject to the provisions of paragraph 5 of this Lease, the terms and conditions of this Lease shall apply to each Extension Term with the same force and effect as if such Extension Term had originally been included in the Primary Term of the Lease. The right of Tenant to exercise its rights with respect to the Extension Terms shall be conditioned upon this Lease being in full force and effect and no Event of Default then existing as of the Lease Expiration Date (for the first (1st) Extension Term), or expiration of the first (1st) Extension Term (for the second (2nd) Extension Term). The Primary Term, together with any Extension Term with respect to which Tenant properly exercises its option, and for which the conditions related thereto are satisfied, shall constitute the "TERM" of this Lease.

  • EXPIRATION DATE AND EXTENSION This Contract expires December 5, 2024, unless it is terminated sooner pursuant to Article XX of the General Terms and Conditions, which are incorporated into this Contract by reference. This Contract allows up to five additional one-year extensions upon the request of Sourcewell and written agreement with Contractor. Sourcewell retains the right to consider additional extensions beyond six years as required under exceptional circumstances.

  • Extension Terms County may, at its sole option, extend the term of this Agreement beyond the Initial Term for up to ___ additional one-year terms at the same rates and under the same terms provided for herein (each such period being an “Extension Term”). County shall notify Contractor of its election for an Extension Term(s) as provided for in §6.

  • Lease Extension Lessee may request Lessor to extend the original Scheduled Expiration Date of each Lease Agreement for an additional period of three (3) years by appropriately completing, executing and delivering to Agent a written request in the form of Exhibit G(2), together with an attachment thereto setting forth the terms upon which Lessee would propose for the requested extension (a "Lease Extension Request"). Lessee shall deliver each Lease Extension Request to Agent not more than twelve (12) months and not less than nine (9) months before the original Scheduled Expiration Date. Agent shall promptly deliver to Lessor and each Participant three (3) copies of each Lease Extension Request received by Agent. If Lessor or a Participant, in its sole and absolute discretion, consents to a Lease Extension Request, such Person shall evidence such consent by executing and returning two (2) copies of such Lease Extension Request to Agent not later than the last Business Day which is not less than seven (7) months prior to the original Scheduled Expiration Date for the applicable Lease Agreement. Any failure by Lessor or any Participant so to execute and return a Lease Extension Request shall be deemed a denial thereof. If Lessee shall deliver a Lease Extension Request to Lessor pursuant to the first sentence of this Subparagraph 2.09(b), then not later than the last Business Day which is not less than six (6) months prior to the original Scheduled Expiration Date for the applicable Lease Agreement, Agent shall notify Lessee, Lessor and the Participants in writing whether (i) Agent has received a copy of the Lease Extension Request executed by Lessor and each Participant, in which case the definition of "Scheduled Expiration Date" set forth in Subparagraph 2.02(a) of the applicable Lease Agreement shall be deemed extended to the date which is three (3) years after the original Scheduled Expiration Date (subject to the receipt by Agent of any amounts payable by Lessee in connection with such extension), or (ii) Agent has not received a copy of the Lease Extension Request executed by Lessor and each Participant, in which case such Lease Extension Request shall be deemed denied. Lessee acknowledges that neither Lessor nor any Participant has promised (either expressly or implicitly), or has any obligation or commitment, to extend or consent to the extension of the Scheduled Expiration Date for either Lease Agreement at any time.

  • Extension of the Expiry Date; Non-Extension Advance No earlier than the 60th day and no later than the 40th day prior to the then effective Expiry Date (unless such Expiry Date is on or after the date that is 15 days after the Final Legal Distribution Date for the Class B Certificates), the Borrower shall request that the Liquidity Provider extend the Expiry Date to the earlier of (i) the date that is 15 days after the Final Legal Distribution Date for the Class B Certificates and (ii) the date that is the day immediately preceding the 364th day occurring after the last day of the Consent Period (as hereinafter defined). Whether or not the Borrower has made such request, the Liquidity Provider shall advise the Borrower no earlier than the 40th day (or, if earlier, the date of the Liquidity Provider’s receipt of such request, if any, from the Borrower) and no later than the 25th day prior to the then effective Expiry Date (such period, the “Consent Period”), whether, in its sole discretion, it agrees to so extend the Expiry Date. If the Liquidity Provider advises the Borrower on or before the date on which the Consent Period ends that such Expiry Date shall not be so extended, or fails to irrevocably and unconditionally advise the Borrower on or before the date on which the Consent Period ends that such Expiry Date shall be so extended (and, in each case, if the Liquidity Provider shall not have been replaced in accordance with Section 3.05(e) of the Intercreditor Agreement), the Borrower shall be entitled on and after the date on which the Consent Period ends (but prior to the then effective Expiry Date) to request a Non-Extension Advance in accordance with Section 2.02(b)(i) and Section 3.05(d) of the Intercreditor Agreement.

  • Interim Extension Amendment a. Prior to or on the expiration date of this Contract, the Parties agree that this Contract can be extended as provided under this Section. b. The System Agency will provide written notice of interim extension amendment to the Grantee under one of the following circumstances: 1. Continue provision of services in response to a disaster declared by the governor; or 2. To ensure that services to clients continue without interruption. c. The System Agency will provide written notice of the interim extension amendment that specifies the reason and length of time for the extension. d. Grantee will provide and invoice for services in the same manner as stated in the Contract. e. An interim extension under Section (b)(1) above will extend the term of the contract not longer than 30 days after governor's disaster declaration is declared unless the Parties agree to a shorter period of time. f. An interim extension under Section (b)(2) above will be a one-time extension for time determined by the System Agency.

  • Time Extension CONTRACTOR shall provide a time extension request on completion of Task Order for delays caused by others (Permitting Agencies, COUNTY or Contract Cities, or unforeseen conditions such as inclement weather, etc.) and at no fault by CONTRACTOR, subject to approval by COUNTY. COUNTY will review the request and determine in its sole discretion whether the situation warrant a time extension at no-cost or with costs. If CONTRACTOR completes the Task Order beyond the stipulated completion date without COUNTY’s specific written approval for time extension, CONTRACTOR will be subject to liquidated damages and may be construed as non-responsive, which may affect CONTRACTOR for considerations for future Task Orders or projects.

  • Renewal, Extension or Rearrangement All provisions of this Agreement and of any other Financing Documents relating to the Notes or other Lender Indebtedness shall apply with equal force and effect to each and all promissory notes hereafter executed which in whole or in part represent a renewal, extension for any period, increase or rearrangement of any part of the Lender Indebtedness originally represented by the Notes, or of any part of such other Lender Indebtedness.

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