Term Extension Notice definition

Term Extension Notice is defined in Section 2.5(b).
Term Extension Notice has the meaning set forth in Section 2.7(b); “Term Sheet” has the meaning set forth in the preamble to this Agreement;
Term Extension Notice has the meaning set forth in Section 2.14(b).

Examples of Term Extension Notice in a sentence

  • During each Renewal Term (or, if Costco elects to extend the Initial Term by providing the Initial Term Extension Notice, during such three (3) year Initial Term extension period), Costco may [*] to Schedule 2.06(a) upon written notice to Bank so long as such Person is a seller of goods in a business category where Costco has a presence.

  • The service of a Company Term Extension Notice under this Condition 7.9 is irrevocable.

  • If TENANT is in Default at any time during the Term of this Lease or any extended Lease Term, TENANT shall have no right to exercise any Lease Term Extension Option and the Lease Term Extension Notice, if given by TENANT, shall be totally ineffective.

  • A Short Term Extension Notice delivered by Tenant shall specifically reference this S ection 24.2. Tenant’s occupancy of the Premises during the Short Term Extension Period shall be on all of the same terms, covenants and conditions of this Lease except that the Basic Rent payable by Tenant during the Short Term Extension Period shall be in an amount equal to one hundred fifty percent (150%) of the Basic Rent payable by Tenant immediately prior to the Short Term Extension Period.


More Definitions of Term Extension Notice

Term Extension Notice is defined in Article XI of the Participation Agreement.

Related to Term Extension Notice

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

  • Extension Notice has the meaning specified in Section 308.

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

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

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

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

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

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

  • 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:

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

  • Repudiation/Moratorium Extension Notice means a notice from the Calculation Agent to the Issuer (which the Calculation Agent has the right but not the obligation to deliver) that describes a Potential Repudiation/Moratorium that occurred on or prior to the Scheduled Maturity Date. A Repudiation/Moratorium Extension Notice must contain a description in reasonable detail of the facts relevant to the determination that a Potential Repudiation/Moratorium has occurred and indicate the date of the occurrence. The Potential Repudiation/Moratorium that is the subject of the Repudiation/Moratorium Extension Notice need not be continuing on the date the Repudiation/Moratorium Extension Notice is effective.

  • Second Extension Option shall have the meaning set forth in Section 2.6.1 hereof.

  • First Extension Option shall have the meaning set forth in Section 2.6.1 hereof.

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

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

  • Notice of Extension/Conversion means the written notice of extension or conversion in substantially the form of Exhibit 3.2, as required by Section 3.2.

  • Extension Deadline means, with respect to a letter of credit, the Cutoff Time on the Business Day preceding the day on which the letter of credit expires.

  • 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.

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

  • 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.

  • Termination Notice means the communication issued in accordance with this Agreement by one Party to the other Party terminating this Agreement;

  • Addition Notice With respect to the transfer of Subsequent Mortgage Loans to the Trust Fund pursuant to Section 2.08, a notice of the Depositor's designation of the Subsequent Mortgage Loans to be sold to the Trust Fund and the aggregate principal balance of such Subsequent Mortgage Loans as of the Subsequent Cut-off Date. The Addition Notice shall be given not later than three Business Days prior to the related Subsequent Transfer Date and shall be substantially in the form attached hereto as Exhibit P.

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

  • Term Loan Extension Request has the meaning set forth in Section 2.16(a).

  • Election Notice has the meaning set forth in Section 11.01(b).