Initial Extension Period definition

Initial Extension Period shall have the meaning set forth in Section 7.1(b)(i).
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Initial Extension Period shall have the meaning given to such term in Section 5 of this Agreement.
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Initial Extension Period shall have the meaning specified in Section 2.04(a).
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Examples of Initial Extension Period in a sentence

  • Each holder has a right (the "Initial Extension Right") at the end of the Initial Maturity Date to extend the Bond for another 12 months (the "Initial Extension Period") by giving written notice to that effect to the Company no later than sixty (60) days prior to the Initial Maturity Date.

  • Any holder that has elected to exercise its Initial Extension Right will also have a further right at the end of the Initial Extension Period to extend its Bond for another 12 months (the “Second Extension Period”) under the same notice conditions as stated in the Initial Extension.

  • Tenant's exercise of its right to extend the Term for the Initial Extension Period, as herein provided, shall be a condition precedent for Tenant's right to extend the Term for the Second Extension Period.

  • Landlord and Tenant each desire to execute this Amendment to confirm the extension of the Term of the Lease for the Initial Extension Period on the terms and conditions herein provided.

  • It shall be a further condition of Tenant's right to exercise the Term for the Initial Extension Period that Tenant shall have exercised its right to extend the "Initial Extension Period" under the 2004 Lease Fifth Amendment; and it shall be a further condition of Tenant's right to exercise the Term for the Second Extension Period that Tenant shall have exercised its right to extend the "Second Extension Period" under the 2004 Lease Fifth Amendment.

  • The first two extensions would be for two (2) successive periods of thirty (30) days ("Initial Extension Period"); provided that Developer delivers a written request for such extension prior to expiration of the Negotiating Period or applicable Extension Period, and provided further that Developer is not then in default under this Agreement.

  • There will be no escalation of the rental rate during the Initial Term of this Contract and any Initial Extension Period.

  • Within thirty (30) days after receipt of Tenant’s notice of exercise, Landlord shall notify Tenant in writing of Landlord’s estimate of the Base Monthly Rent for the Initial Extension Period, based on the provisions of Paragraph 15.2 above.

  • In addition, Seller may terminate this Agreement upon (a) notice to Purchaser given at any time during the Initial Extension Period and (b) payment to Purchaser of a fee in an amount equal to Purchaser's actual documented out-of-pocket due diligence costs incurred in connection with Purchaser's due diligence investigations of the Property, not to exceed Fifty Thousand Dollars ($50,000.00) (the "Reimbursement").

  • This additional period shall be referred to as the "Initial Extension Period." The lease period may be extended beyond two hundred forty (240) calendar months only by the mutual agreement of LESSOR and LESSEE and upon such terms, conditions, and rental rate as the parties will see fit to adopt.


More Definitions of Initial Extension Period

Initial Extension Period has the meaning assigned to it in Section 0.
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Initial Extension Period is defined in Section 4(a).
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Related to Initial Extension Period

  • Second Extension Period means the period of one (1) Contract Year commencing immediately after the end of the First Extension Period.

  • First Extension Period means the period of one (1) Contract Year commencing immediately after the conclusion of the Initial Exploration Period.

  • Resolution Extension Period As defined in Section 2.03(b).

  • Extension Period has the meaning set forth in Section 2.11.

  • Initial Expiration Date is defined in Section 1.1(c) of the Agreement.

  • Extension Term means the time period defined in §2.C.

  • Non-Extension Notice Date has the meaning specified in Section 2.03(b)(iii).

  • Extension Determination Date means, in respect of a Series of Covered Bonds, the date falling two Business Days after the expiry of seven days from (and including) the Final Maturity Date of such Covered Bonds.

  • Extended Term shall have the meaning given such term in Section 2.4.

  • extended reduction period means the period for which a person is in receipt of an extended reduction in accordance with paragraph 89, 96 or 101;

  • Aggregate extension base means the taxing district's

  • Initial Extension of Credit means the earlier to occur of the initial Borrowing and the initial issuance of a Letter of Credit hereunder.

  • Election Period means the period immediately preceding the beginning of each Plan Year established by the Administrator, such period to be applied on a uniform and nondiscriminatory basis for all Employees and Participants. However, an Employee's initial Election Period shall be determined pursuant to Section 5.1.

  • Extended Termination Date has the meaning specified in Section 2.16(c).

  • Additional Term means that term commencing on the last day of the Basic Term and terminating one (1) year thereafter.

  • Maturity Date Extension Request means a request by the Borrower, in the form of Exhibit G hereto or such other form as shall be approved by the Administrative Agent, for the extension of the Maturity Date pursuant to Section 2.20.

  • Original Term shall have the meaning specified in Section 10 hereof.

  • Automatic Renewal Term has the meaning set forth in Section 10(a) hereof.

  • Initial Period means the period from (and including) the Issue Date to (but excluding) the First Call Date;

  • Applicable Anniversary of the Commencement Date means the fifth (5th) anniversary of the Commencement Date.

  • Termination Period means the period of time beginning with a Change in Control and ending on the earlier to occur of (1) two years following such Change in Control or (2) the Executive’s death.

  • Initial Effective Date means the date that the Initial Registration Statement has been declared effective by the SEC.

  • Extension Date has the meaning specified in Section 2.19(b).

  • Non-Extension Notice has the meaning specified in Section 2.10.

  • Debt service extension base means an amount equal to that

  • Initial Term has the meaning set forth in Section 7.1.