Common use of 217 Extension Deposits Clause in Contracts

217 Extension Deposits. In the event of Contract Term Extension, Forest Service shall divide the difference between Current Contract Value as of the start of any Contract Term Extension and the credit bal- ance of any deposit made pursuant to B4.213 by the number of whole months remaining in Normal Operat- ing Season(s) within the extension period to determine the amount of each “Extension Deposit.” Contractor shall make the initial Extension Deposit prior to Forest Service executing the contract modifica- tion. In response to Forest Service billing under B4.21, Contractor shall make advance cash deposits. Such de- posits shall at least equal each Extension Deposit re- quired for each whole month remaining in Normal Op- erating Season(s) during the extension period. Exten- sion Deposits shall be due by the last day of each month during Normal Operating Season whether or not the vol- ume that is covered by such deposits has been Scaled. Due dates for Extension Deposits during the exten- sion period may be delayed when Contractor earns Contract Term Adjustment if Termination Date, as ad- justed, results in one or more additional complete months within Normal Operating Season(s).

217 Extension Deposits. In the event of Contract Term Extension, Forest Service shall divide the difference between Current Contract Value as of the start of any Contract Term Extension and the credit bal- ance of any deposit made pursuant to B4.213 by the number of whole months remaining in Normal Operat- ing Season(s) within the extension period to determine the amount of each “Extension Deposit.” ”‌ Contractor shall make the initial Extension Deposit prior to Forest Service executing the contract modifica- tion. In response to Forest Service billing under B4.21, Contractor shall make advance cash deposits. Such de- posits shall at least equal each Extension Deposit re- quired for each whole month remaining in Normal Op- erating Season(s) during the extension period. Exten- sion Deposits shall be due by the last day of each month during Normal Operating Season whether or not the vol- ume that is covered by such deposits has been Scaled. Due dates for Extension Deposits during the exten- sion period may be delayed when Contractor earns Contract Term Adjustment if Termination Date, as ad- justed, results in one or more additional complete complete‌‌‌‌‌‌‌‌‌ months within Normal Operating Season(s).