Program Extension Period definition

Program Extension Period means any period after the Initial Termination Date for which the Secretary has elected to extend the Program, starting from the first calendar day following the former Termination Date (the “Program Extension Date”) to the new Termination Date designated by the Secretary.

Examples of Program Extension Period in a sentence

  • A Fund that does not, or is not eligible to, participate in a Program Extension Period may not thereafter participate in any subsequent Program Extension Period.

  • The Secretary, in the Secretary’s sole and absolute discretion, may elect to extend the Program beyond the Initial Termination Date for such Program Extension Period or Periods as the Secretary may determine, provided, however, that in no event shall the Program be extended beyond 11:59 p.m., Washington, D.C. time, on September 18, 2009.

  • The Program Extension Participation Payment shall be an amount equal to such Fund’s Fund Designated Asset Base multiplied by the percentage designated by the Treasury for such Program Extension Period in the Extension Announcement or, at the Treasury’s sole and absolute discretion, an amount based on any other formula described in the Extension Announcement.

  • In the event that a Fund continues to participate in the Program during a Program Extension Period, the Investment Company shall pay to the Treasury a non-refundable payment (a “Program Extension Participation Payment”) with respect to such Program Extension Period, which payment shall be made on the same date as the Investment Company’s delivery of the Program Extension Notice.

  • The Program Extension Participation Payment (as defined in Section 4(b)) for the Program Extension Period shall have been paid in full on or before the date on which the Program Extension Notice is delivered to the Treasury.

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  • The Program Extension Period shall begin on December 19, 2008 (the “Program Extension Date”) and the new Termination Date shall be April 30, 2009.

  • In addition, in order to participate in the Program Extension Period, a Fund must follow the procedures summarized below.

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Related to Program Extension Period

  • Second Extension Period means a period of twelve (12) consecutive months following the First Extended Maturity Date.

  • First Extension Period means a period of twelve (12) consecutive months following the Initial Maturity Date.

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

  • Grace Period Extension Date means, if:

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

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

  • Contract Term Extension means an extension of the term of this contract, at the request of Purchaser, under this Subsection. This Subsection does not obligate Contracting Officer to grant Contract Term Extension. When such extension is made, Forest Service shall make an appraisal using standard Forest Service methods and appraisal data in effect 45 days prior to the original Termination Date. Bid Premium Rates shall be added to such appraised rates to establish Flat Rates or Tentative Rates for the extension period. In event rates so established would develop Current Contract Value immediately prior to such an extension that is less than Current Contract Value at that time, Flat Rates and Tentative Rates in effect immediately prior to extension shall be retained for the extension period. In consideration for granting an extension, Purchaser shall pay the Government for Purchaser’s failure to cut and remove timber meeting Utilization Standards prior to Contract Term Extension, an amount that shall be the total of the costs to the Government resulting from the delay in harvest of Included Timber. Such costs will be determined by Forest Service and shall include, but not be limited to, the following:

  • Debt service extension base means an amount equal to that

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

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

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  • Negotiation Period has the meaning given in Clause 5.10;

  • Patent Term Extension means any term extensions, supplementary protection certificates and equivalents thereof offering Patent protection beyond the initial term with respect to any issued Patents.

  • License Period means the period beginning from the Commencement Date and ending on the Termination Date.

  • Application Period means the months beginning with the month in which the application is considered to be filed, through and including the month in which an eligibility determination is made.

  • 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.

  • Period of Extended Hire means any additional period that the Hirer wishes the Agency Worker to be supplied for beyond the duration of the original Assignment or series of assignments as an alternative to paying a Transfer Fee;

  • Service Extension shall have the meaning set forth in Section 7.1(c).

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

  • Initial Expiration Date shall have the meaning set forth in Section 1.1(d).

  • Additional Term shall have the meaning set forth in Section 8.2.

  • Collaboration Term has the meaning set forth in Section 2.2.

  • Development Period means the period from the date of this Agreement until the Appointed Date;

  • Termination Period means the period of time beginning with a Change in Control and ending on the earlier to occur of:

  • Original Term means the period from the Commencement Date until the end of the fiscal year of Lessee in effect at such Commencement Date.