First Extension Term definition

First Extension Term shall have the meaning set forth in Section 2.3.3(b) hereof.

First Extension Term shall have the meaning set forth in Section 6.1(b).

First Extension Term has the meaning set forth in Section 2.10.

Examples of First Extension Term in a sentence

• If such notices of extension are received from Wholesale Customers representing at least two-thirds in number as of June 30, 2032 and seventy five percent (75%) of the quantity of water delivered by the SFPUC to all Wholesale Customers during fiscal year 2030-31, the Term shall be extended for another five (5) years ("First Extension Term"), through June 30, 2039.

• However, where a development is granted planning permission within the boundary of a made neighbourhood plan the neighbourhood portion will be 25% of the overall levy.

• Any change in the fee for the First Extension Term and any Extension Term thereafter will be memorialized in a written amendment to this Agreement, signed by authorized representatives of Perspectives and Client.

• The First Extension Term shall be effective on October 1, 2019, and shall end on September 30, 2020, unless terminated earlier or extended as provided in the Contract.

• If the Residual Test is not satisfied, then the exercise of the option to extend this Agreement for the First Extension Term or Second Extension Term (as the case may be) shall be deemed ineffective and this Agreement shall expire at the end of the Initial Term or First Extension Term (as the case may be), and Section 2.1(d) below shall apply.

More Definitions of First Extension Term

First Extension Term has the meaning set forth in Section 2.5.

First Extension Term. Defined in Section 3.07(a).

First Extension Term has the meaning set forth in Section 2.03(d) of this Loan Agreement.

First Extension Term has the meaning ascribed thereto in section 3.2(a).

First Extension Term means as described in Section 2.8.

First Extension Term has the meaning given to that term in Clause 26.2(a); FOIA means the Freedom of Information Act 2000, and any subordinate legislation made under that Act from time to time, together with any guidance and/or codes of practice issued by the Information Commissioner’s Office or relevant government department in relation to such legislation; Force Majeure Event means, in respect of an Affected Party, an act, event or circumstance (other than lack of funds) which is beyond the reasonable control of the Affected Party, including an act of God, war or threat of or preparation for war, armed conflict, flood, earthquake, windstorm, or other natural disaster, sabotage, riot, insurrection, civil commotion, civil unrest, martial law, major systems failure (except that the failure of systems controlled by the Affected Party (or its sub-contractors) shall not constitute a Force Majeure Event) strike or other industrial dispute (except that an industrial dispute, strike or other action involving (where UCL is the Affected Party) only employees of UCL or (where Supplier is the Affected Party) only the Supplier Personnel shall not constitute a Force Majeure Event), pandemic, epidemic, quarantine, nuclear, chemical or biological radiation or radioactive contamination; Good Industry Practice means using standards, practices, methods and procedures and exercising that degree of skill and care, diligence, prudence and foresight which would reasonably and ordinarily be expected from a skilled and experienced person engaged in a similar type of undertaking under the same or similar circumstances; Hazardous Waste means any waste or materials that may be harmful to human health or the environment and as such are classified as hazardous waste under Environmental Law, including asbestos, chemicals and paint; Incident has the meaning given to that term in Clause 10.2; Initial Term has the meaning given to that term in Clause 26.2; Initial Term End Date has the meaning given to that term in Section 1F of the Cover Sheet;

First Extension Term shall have the meaning specified in Section 3(p).