Common use of Extension of Time Clause in Contracts

Extension of Time. STATE may extend the time for performance of this contract upon written request from PURCHASER or upon STATE's own motion. Except as provided in Section 29, a request for extension: • shall be accompanied by the written consent to an extension of the security by PURCHASER's surety; • shall state the date to which the extension is desired, the area of the operations to be affected, and the reason(s) for the extension; and • must be received by STATE no later than 30 days prior to the expiration date of this contract unless the need for extension occurred within the 30 days prior to the expiration date, in which case the request must be received prior to the expiration date. Requests for extension may be granted for any reason except changes in timber market conditions. STATE shall grant a request for an extension only when it determines that extension would be in the best interests of STATE. In no event shall an extension exceed one year. When STATE grants a request for extension, it may condition that grant upon any condition it determines is necessary to protect the interests of the STATE. Such conditions may include, but may not be limited to, the following:

Appears in 125 contracts

Samples: apps.odf.oregon.gov, apps.odf.oregon.gov, apps.odf.oregon.gov

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Extension of Time. STATE may extend the time for performance of this contract upon written request from PURCHASER or upon STATE's own motion. Except as provided in Section 29, a request for extension: • shall be accompanied by the written consent to an extension of the security by PURCHASER's surety; • shall state the date to which the extension is desired, the area of the operations to be affected, and the reason(s) for the extension; and • must be received by STATE no later than 30 days prior to the expiration date of this contract unless the need for extension occurred within the 30 days prior to the expiration date, in which case the request must be received prior to the expiration date. Requests for extension may be granted for any reason except changes in timber market conditions. STATE shall grant a request for an extension only when it determines that extension would be in the best interests of STATE and consistent with STATE's fiduciary responsibility to the Common School Fund. In no event shall an extension exceed one year. When STATE grants a request for extension, it may condition that grant upon any condition it determines is necessary to protect the interests of the STATE. Such conditions may include, but may not be limited to, the following:

Appears in 34 contracts

Samples: apps.odf.oregon.gov, apps.odf.oregon.gov, apps.odf.oregon.gov

Extension of Time. STATE may extend the time for performance of this contract Contract upon written request from PURCHASER or upon at STATE's own motiondiscretion. Except as provided in Section 29, a A request for extension: • shall be accompanied by the written consent to an extension of the security by PURCHASER's surety; • shall state the date to which the extension is desired, the area Area of the operations Operations to be affected, and the reason(s) for the extension; and • must be received by STATE no later than 30 thirty (30) days prior to the expiration date of this contract Contract unless the need for extension occurred within the 30 thirty (30) days prior to the expiration date, in which case the request must be received prior to the expiration date. Requests for extension may will not be granted for any reason except solely due to changes in timber market conditions. STATE shall grant a request for an extension only when it determines that extension would be in the best interests of STATE. In no event shall an extension exceed one year. When STATE grants a request for extension, it may condition that grant upon any condition it determines is necessary to protect the interests of the STATE. Such conditions may include, but may not be limited to, the following:

Appears in 19 contracts

Samples: apps.odf.oregon.gov, apps.odf.oregon.gov, apps.odf.oregon.gov

Extension of Time. STATE may extend the time for performance of this contract Contract upon written request from PURCHASER or upon at STATE's own motiondiscretion. Except as provided in Section 29, a A request for extension: shall be accompanied by the written consent to an extension of the security by PURCHASER's surety; shall state the date to which the extension is desired, the area Area of the operations Operations to be affected, and the reason(s) for the extension; and must be received by STATE no later than 30 thirty (30) days prior to the expiration date of this contract Contract unless the need for extension occurred within the 30 thirty (30) days prior to the expiration date, in which case the request must be received prior to the expiration date. Requests for extension may will not be granted for any reason except solely due to changes in timber market conditions. STATE shall grant a request for an extension only when it determines that extension would be in the best interests of STATE. In no event shall an extension exceed one year. When STATE grants a request for extension, it may condition that grant upon any condition it determines is necessary to protect the interests of the STATE. Such conditions may include, but may not be limited to, the following:

Appears in 2 contracts

Samples: apps.odf.oregon.gov, apps.odf.oregon.gov

Extension of Time. STATE may extend the time for performance of this contract Contract upon written request from PURCHASER or upon at STATE's own motiondiscretion. Except as provided in Section 29, a A request for extension: • shall be accompanied by the written consent to an extension of the security by PURCHASER's surety; • shall state the date to which the extension is desired, the area Area of the operations Operations to be affected, and the reason(s) for the extension; and • must be received by STATE no later than 30 thirty (30) days prior to the expiration date of this contract Contract unless the need for extension occurred within the 30 thirty (30) days prior to the expiration date, in which case the request must be received prior to the expiration date. Requests for extension may will not be granted for any reason except solely due to changes in timber market conditions. STATE shall grant a request for an extension only when it determines that extension would be in the best interests of STATE. STATE In no event shall an extension exceed one year. When STATE grants a request for extension, it may condition that grant upon any condition it determines is necessary to protect the interests of the STATE. Such conditions may include, but may not be limited to, the following:

Appears in 1 contract

Samples: apps.odf.oregon.gov

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Extension of Time. STATE may extend the time for performance of this contract Contract upon written request from PURCHASER or upon at STATE's own motion'S discretion. Except as provided in Section 29, a A request for extension: shall be accompanied by the written consent to an extension of the security by PURCHASER's surety; shall state the date to which the extension is desired, the area Area of the operations Operations to be affected, and the reason(s) for the extension; and must be received by STATE no later than 30 days prior to the expiration date of this contract Contract unless the need for extension occurred within the 30 days prior to the expiration date, in which case the request must be received prior to the expiration date. Requests for extension may will not be granted for any reason except solely due to changes in timber market conditions. STATE shall grant a request for an extension only when it determines that extension would be in the best interests of STATE. In no event shall an extension exceed one year. When STATE grants a request for extension, it shall do so in writing, and, it may condition that grant upon any condition it determines is necessary to protect the interests of the STATE. Such conditions may include, but may not be limited to, the following:

Appears in 1 contract

Samples: www.bidnet.com

Extension of Time. STATE may extend the time for performance of this contract upon written request from PURCHASER or upon STATE's own motion. Except as provided in Section 29, a request for extension: • shall be accompanied by the written consent to an extension of the security by PURCHASER's surety; • shall state the date to which the extension is desired, the area of the operations to be affected, and the reason(s) for the extension; and • must be received by STATE no later than 30 days prior to the expiration date of this contract unless the need for extension occurred within the 30 days prior to the expiration date, in which case the request must be received prior to the expiration date. Requests for extension may be granted for any reason except changes in timber market conditions. STATE shall grant a request for an extension only when it determines that extension would be in the best interests of STATESTATE . In no event shall an extension exceed one year. When STATE grants a request for extension, it may condition that grant upon any condition it determines is necessary to protect the interests of the STATE. Such conditions may include, but may not be limited to, the following:

Appears in 1 contract

Samples: apps.odf.oregon.gov

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