Common Contracts
1 similar Agreement Term contracts
ContractAgreement Term • November 1st, 2012
If as of the then-current Expiration Date, despite Lessee’s best efforts the final environmental impact report for the Project has not been certified by County, or Lessee and County have not reached agreement on a New Option, then the Director of the County’s Department of Beaches and Harbors (the “Director”), in his sole discretion, shall have the right to extend the Expiration Date for up to three additional periods of 30 days each (each, an “Extension Right”) upon delivery by Lessee to County, not later than ten (10) days prior to the then-effective Expiration Date, of both written notice by Lessee to County of the exercise of such Extension Right and the payment by Lessee to County of an additional Extension Fee of Two Thousand Two Hundred Twenty-Two Dollars and Twenty-Two Cents ($2,222.22) for each such Extension Right.
