Right to Extend Term. The Tenant shall have the right to extend the Term for a further period of 5 years in accordance with the provisions of Schedule "G".
Option to Extend has the meaning given that term in Section 2.13.
Extended Term shall have the meaning set forth in Section 2.
Extension Option shall have the meaning set forth in Section 2.5(c) hereof.
Base Term Commencing (i) with respect to the Existing Premises on the Commencement Date, (ii) with respect to the Expansion Premises on the Expansion Premises Commencement Date and (iii) with respect to the Second Expansion Premises on the Second Expansion Premises Commencement Date, and ending with respect to the entire Premises on September 16, 2016 (“Expiration Date”).”
Renewal Option has the meaning set forth in §12.1.
Additional Term means that term commencing on the last day of the Basic Term and terminating 5 years thereafter.
Term of Agreement shall have the meaning ascribed thereto in Article 2 of this Agreement;
Second Extension Option shall have the meaning set forth in Section 2.2.1(b) hereof.
Fixed Term shall have the meaning given such term in Section 2.3.
Option Term means a period, if any, through which this Agreement may be or has been extended by the JBE.
Second Extension Period means a period of twelve (12) consecutive months following the First Extended Maturity Date.
Termination Option means the option of either party to terminate a transaction in the event that the other party fails to perform a Firm obligation to deliver Gas in the case of Seller or to receive Gas in the case of Buyer for a designated number of days during a period as specified on the applicable Transaction Confirmation.
Extended Terms shall have the meaning given such term in Section 2.4.
Extension Term means the time period defined in §2.C.
Non-Extension Notice Date has the meaning specified in Section 2.03(b)(iii).
Original Term shall have the meaning specified in Section 10 hereof.
Renewal Period “Buyer” and “Default” have the same meanings respectively as they have in the Water Agreement.
Minimum Extension Condition has the meaning assigned to such term in Section 2.23(b).
Initial Term has the meaning set forth in Section 7.1.
Non-Extension Notice has the meaning specified in Section 2.10.
REO Extension As defined in Section 3.16(a).
Extension Period has the meaning set forth in Section 2.11.
Renewal Term has the meaning set forth in Section 2.
Renewal Notice As defined in Section 1.4(a).