Option Period 3 definition

Option Period 3 means the twelve (12) month period (as may be extended by the mutual agreement of the Parties) beginning on the date PG&E delivers to Citizens a Project List for the third Option hereunder; provided, that if either (x) PG&E does not deliver a Project List within nine (9) months following the end of Option Period 2, or (y) the third Option expires pursuant to Section 4.2(b)(ii) or Section 4.2(c)(ii), “Option Period 3” means the nine (9) month period following the end of Option Period 2.
Sample 1Sample 2
Option Period 3. Option Period 3" shall begin on the first day of the thirty-first (31st) month after the Effective Date and continue through the last day of the forty-second (42nd) month.
Sample 1
Option Period 3 means the period stated in the Key Details for Standing Offer Agreement.
Sample 1

Examples of Option Period 3 in a sentence

  • Option Period 3 (Mandatory Tasks) will be for a 12-month period from the award and shall be exercised prior to the expiration of Option Period 2 (Mandatory Tasks).

  • Option Period 3: If exercised, one year from the end of Option Period 2.

  • Option Period 4: If exercised, one year from the end of Option Period 3.

  • The Government hereby exercises Option Period 3 in accordance with Contract Section H.1 (Type and Term of Contract).

  • Though not included among the major drivers of community wind in Minnesota, it is worth noting that wind turbines, as well as materials used to manufacture, construct, install, repair, or replace them, are exempt from Minnesota sales tax.

  • CLIN 0003D OPTION PERIOD 3 Option Period 3 is one year of performance on a cost-plus-fixed-fee basis.

  • One supplementary grant19 was financed by the Government of the United Kingdom.21.

  • ELINs with prefix “D” support Option Period 3, ELINs with prefix “E” support Option Period 4, ELINs with prefix “F” support Option Period 5, ELINs with prefix “G” support Option Period 6, ELINs with prefix “H” support Option Period 7, and ELINs with prefix “J” support the FAR 52.217-8 Option.

  • The Not to Exceed Amount for CLIN 00004 is as follows: Base Period – Months 3 through 12 (December 21, 2015 – September 20, 2016)Labor Category Sr. Chemical Technologist Option Period 1: Months 25 through 36 (September 21, 2017 – September 20, 2018) Option Period 2: Months 37 through 48 (September 21, 2018 – September 20, 2019) Option Period 3: Months 49 through 60 (September 21, 2019 – September 20, 2020) Total Not-to-Exceed Price –CLIN 00016Insert this Amount for CLIN 00016 above.

  • QtyUnit PriceITEMSUPPLIES OR SERVICESPurch UnitTotal Item Amount Option Period 3 3300 CLIN EstablishNoun: NETWORK CENTRIC SERVICESPSC: D314Contract type: Z - LABOR HOURStart Date: ASREQCompletion Date: ASREQDescriptive Data:A.


More Definitions of Option Period 3

Option Period 3 shall commence on June 1, 2019 and continue through May 31, 2021. During Option Period 3, the option shall remain exclusive to the Owner and the City agrees not to convey or otherwise encumber the Option Property during the Option Period 3 so long as the Owner pays to the City an option fee of $20,000.00 per acre (“Option Period 3 Fee”). The Option Period 3 Fee shall be payable to the City on or before June 1, 2019. If the Owner fails to pay the Option Period 3 Fee within thirty (30) days after the Option Period 3 Fee is due, then the option shall terminate and no longer be in effect. Option Period 3 shall only be effective and Owner shall only have a right to exercise the option if there is no existing and uncured material Event of Default under this Agreement by the Owner and the Redevelopment Property has been conveyed to the Owner. Option Period 3 Fee shall be non-refundable except in the event of any Event of Default by the City hereunder and except as provided in Section 4.4(o), but upon the occurrence of the Option Property Closing, Option Period Fee 2 and Option Period Fee 3 shall be applied as a credit towards the Option Property Purchase Price.
Sample 1

Related to Option Period 3

  • Option Period means the period during which an Option may be exercised.

  • Option Term means a period, if any, through which this Agreement may be or has been extended by the JBE.

  • Grant Period means the period between Effective Date and Expiration Date of the Grant Award Agreement during which time expenditure of all grant funds and all contributions to match must be made.

  • Evaluation Period bears the meaning ascribed thereto in Section 7.4(d)(i);

  • Annual Enrollment Period or "Enrollment Period" means the period before each policy anniversary so designated by the Sponsor and Lincoln during which you may enroll for coverage under this policy.

  • Initial Enrollment Period means one of the following periods during which you may first enroll for coverage under this plan:

  • Purchase Period means a period of time specified within an Offering, generally beginning on the Offering Date or on the first Trading Day following a Purchase Date, and ending on a Purchase Date. An Offering may consist of one or more Purchase Periods.

  • Qualifying Period means 12 continuous Calendar Weeks during the whole or part of which the Agency Worker is supplied by one or more Temporary Work Agencies to the relevant Hirer to work temporarily for and under the supervision and direction of the relevant Hirer in the same role, and as further defined in the Schedule to these Terms;