Common use of Additional Extension Clause in Contracts

Additional Extension. If unusual or exceptional circumstances, as determined in the sole discretion of the Purchasing Director, render the exercise of a Renewal Term not practicable, or if no extension term is available and expiration of this Agreement would, as determined by the Purchasing Director, result in a gap in the provision of Services necessary for the ongoing operations of County, then the Purchasing Director may extend this Agreement on the same terms and conditions on a month to month basis for up to a maximum of six (6) months (“Extension Term”). The Purchasing Director may exercise this option by written notice stating the duration of the Extension Term, which notice shall be provided to PBM at least thirty (30) days prior to the end of the then-current Term. Any Extension Term shall be on the same terms and conditions as existed during the then-current term. However, if either Party proposes any changes to the terms and conditions of the Agreement that would become effective during the Extension Term, the Purchasing Director’s decision to extend the Agreement shall be subject to Board approval.

Appears in 1 contract

Sources: Pharmacy Benefit Management Agreement

Additional Extension. If unusual or exceptional circumstances, as determined in the sole discretion of the Purchasing Director, render the exercise of a Renewal Term not practicable, or if no extension term is available and expiration of this Agreement would, as determined by the Purchasing Director, result in a gap in the provision of Services necessary for the ongoing operations of County, then the Purchasing Director may extend this Agreement on the same terms and conditions on a month to month basis for up to a maximum of six (6) months (“Extension Term”). The Purchasing Director may exercise this option by written notice stating the duration of the Extension Term, which notice shall be provided to PBM Benefits Manager at least thirty (30) days prior to the end of the then-current Term. Any Extension Term shall be on the same terms and conditions as existed during the then-current term. However, if either Party proposes any changes to the terms and conditions of the Agreement that would become effective during the Extension Term, the Purchasing Director’s decision to extend the Agreement shall be subject to Board approval.

Appears in 1 contract

Sources: Administrative Management Services Agreement

Additional Extension. If unusual or exceptional circumstances, as determined in the sole discretion of the Purchasing Director, render the exercise of a Renewal Term not practicable, or if no extension term is available and expiration of this Agreement would, as determined by the Purchasing Director, result in a gap in the provision of Services necessary for the ongoing operations of County, then the Purchasing Director may extend this Agreement on the same terms and conditions on a month to month basis for up to a maximum of six (6) months (“Extension Term”). The Purchasing Director may exercise this extension option by written notice stating the duration of the Extension Term, which notice shall be provided to PBM Plan Manager at least thirty (30) days prior to the end of the then-current Termterm. Any Extension Term shall be on the same terms and conditions as existed during the then-current term. However, if either Party proposes any changes to the terms and conditions of the Agreement that would become effective during the Extension Term, the Purchasing Director’s decision to extend the Agreement shall be subject to Board approval.

Appears in 1 contract

Sources: Administrative Management Services Agreement