Further Extension definition
Examples of Further Extension in a sentence
If further delay results from an event in respect of which the Subcontractor has already submitted an "Extension of Time Claim" under this Section (or a "Further Extension of Time Claim" under this paragraph), and the Subcontractor wishes to claim a further Extension of Time in respect of such event, the Subcontractor must provide Honeywell with a further written notice entitled "Further Extension of Time Claim" which must include those matters required in relation to an "Extension of Time Claim".
Further Extension or renewal will be subject to condition that the Operating Agency shall qualify all the following parameters and any other condition(s) including enhancement of lease rent at any rate over the stipulated annual escalation of 3%, if decided and stipulated by the Authority or Review Committee and agreed to by the Operating Agency at the time of such renewal or extension.
The Directors (including all the independent non-executive Directors but excluding Xx. Xxx Xxxx and Xx. Xx Xxxxx (alias Xxxxxx Xx)) are of the view that the Further Extension would enable Yashili New Zealand to further improve its utilisation rate, thereby achieving greater synergies between the Group and Danone (meaning, Danone SA and other companies controlled by Danone SA).
In addition, the First Extension Period may be further extended thereafter by such periods as the Ministry may determine, until a Cement Contract has been granted for the Project (the "Further Extension Periods").
Further, Extension is related to the Principle of Cognitive Fit, which prescribes the use of different dialects for different audiences.
Each of SPAC and Sponsor shall use its reasonable best efforts to cooperate with Acquirer to provide a draft of the Further Extension Filing to Acquirer as promptly as practicable prior to the Closing and shall target completing the requisite Further Extension Filing on or before the Closing; provided that the completion of the Further Extension Filing shall not be a condition to the Closing.
The reasonable out-of-pocket costs of the Further Extension Filing incurred by SPAC prior to the Closing (the “Extension Costs”) shall be borne by the Acquirer, except where there is a failure of any of the conditions in Section 7(a) or this Agreement is terminated by Acquirer under Section 14(c).
The Directors (including all the independent non-executive Directors but excluding Xx. Xxx Xxxx and Xx. Xx Xxxxx (alias Xxxxxx Xx)) are of the view that the Further Extension was entered into on normal commercial terms and in the ordinary and usual course of business of the Group, and that the terms thereof are fair and reasonable and in the interest of the Company and its shareholders as a whole.
The Further Extension Term shall be upon the same terms and conditions of the Original Lease, as extended, renewed or amended, as the case may be, except that there shall be no further right of extension beyond the Further Extension Term except for the Annual Rent, which shall for the Further Extension Term be based upon: (i) the Rentable Area of the Premises, and (ii) the Market Rental as of the date which is six (6) months prior to the commencement of the Further Extension Term.
Details of the Further Extension Loan Agreement I were disclosed in the Company’s announcement dated 29 September 2016.