Renewal / Extension definition

Renewal / Extension. The "Initial Term" begins on the Effective Date and ends upon the completion of twelve (12) months, at which time the Agreement is automatically extended (“Extended Term”) on a month-to-month basis until either party terminates it upon 60 days prior written notice.
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Examples of Renewal / Extension in a sentence

  • This project is funded by the Water & Sewer Renewal & Extension Fund.

  • This contract is funded by the Water & Sewer Renewal & Extension Fund.

  • This project is funded 100% by the Water & Sewer Renewal & Extension Fund.

  • This project is funded 100% by the Water & Sewer Renewal & Extension fund.

  • We have funds available, but the Board has to approve the expenditure out of the Renewal & Extension fund.

  • MOTION: Mr. Thurmond moved approval of Parcel Tax Renewal / Extension Resolution No. 90-1112.

  • This project is funded 95% by the Federal Transit Administration, 3% by the Local Transit Renewal & Extension Fund, and 2% by the Georgia Department of Transportation.

  • F.2 Parcel Tax Renewal / Extension Resolution No. 90-1112Superintendent Harter provided information about a proposed June ballot measure to extend the current parcel tax and add on an additional levy to generate funds to help restore some of the class size losses, bring back the elementary music program, and address underlying issues faced by the District.

  • This project is funded 100% by Water & Sewer Renewal & Extension Fund.

  • Although the pump bid came in higher than our budget, we have money available in the Renewal & Extension fund, and if the Board approves paying for it out of R&E, then we will have more flexibility and will be able to get more water.

Related to Renewal / Extension

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

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

  • Time Extension shall have the meaning set forth in Clause 10.5;

  • REO Extension As defined in Section 3.16(a).

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

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

  • Renewal Term has the meaning set out in Section 9.1.

  • Renewal Period “Buyer” and “Default” have the same meanings respectively as they have in the Water Agreement.

  • Notice of Extension has the meaning specified in Section 2.20.

  • Non-Extension Drawing has the meaning specified in Section 3.5(d).

  • Non-Renewal shall have the meaning set forth in Paragraph 2(b) hereof.

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

  • Renewal means the terms on which the contract of insurance can be renewed on mutual consent with a provision of grace period for treating the renewal continuous for the purpose of gaining credit for pre-existing diseases, time-bound exclusions and for all waiting periods.

  • Renewal Application means a document used to collect pertinent data for renewal of permits

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

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

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

  • Minimum Extension Condition has the meaning specified in Section 2.15(b).

  • Extension Option shall have the meaning set forth in Section 2.5(c) hereof.

  • Renewal Notice As defined in Section 1.4(a).

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

  • Non-Extension Advance means an Advance made pursuant to Section 2.02(b).

  • Extension has the meaning specified in Section 2.18(a).

  • Non-Renewal Notice shall have the meaning set forth in Section 2.

  • Line Extension means the provision of facilities (including, but not limited to, poles, fixtures, wires, and appurtenances) necessary for delivering electrical energy from the point of origin to one or more of the customer's points of delivery. Facilities provided by the Company to maintain, protect, upgrade, or improve its overall distribution system (even if necessary due to a customer's load addition) are not considered part of a line extension.

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