ADDITIONAL EXTENSIONS Sample Clauses

ADDITIONAL EXTENSIONS. If at the end of the fifth (5th) five (5) year extension term this Agreement has not been terminated by either Party by giving to the other written notice of an intention to terminate it at least six (6) months prior to the end of such term, this Agreement shall continue in force upon the same covenants, terms, and conditions for a further term of five (5) years and for five (5) year terms thereafter until terminated by either Party by giving to the other written notice of its intention to so terminate at least three (3) months prior to the end of such term. Annual rental for each such additional five (5) year term shall be equal to the annual rental payable with respect to the final year of the immediately preceding five (5) year term. The initial term and all extensions shall be collectively referred to herein as the “Term”.

ADDITIONAL EXTENSIONS. Prior to the Extended Dissolution Date, subject to the consent of Members holding no less than a majority of the voting power of the Units at the time, the Managing Member may elect to extend the term of the LLC and this Agreement for an additional extended term of up to ten years after the Extended Dissolution Date, and may further elect to successively extend the term of the LLC and this Agreement for additional extended terms of up to ten years each after the last applicable subsequent extended dissolution date (“Subsequent Extended Dissolution Date”). In such event, not later than thirty days prior to the applicable Subsequent Extended Dissolution Date, the Managing Member shall notify all other Members that the term of the LLC will be extended and the date, not later than ten years after the last Subsequent Extended Dissolution Date, of the new Subsequent Extended Dissolution Date.

ADDITIONAL EXTENSIONS. In addition, in the event of a claim, the Underwriter will, with its written consent, pay within the Limit of Indemnity: A. ADDITIONAL COSTS B. ALTERNATIVE ACCOMMODATION COSTS C. FEES

ADDITIONAL EXTENSIONS. If at the end of the fourth (4th) five (5) year extension term this Agreement has not been terminated by either Party by giving to the other written notice of an intention to terminate it at least three (3) months prior to the end of such term, this Agreement shall continue in force upon the same covenants, terms and conditions for a further term of five (5) years and for five (5) year terms thereafter until terminated by either Party by giving to the other written notice of its intention to so terminate at least three (3) months prior to the end of such term. The initial term and all extensions shall be collectively referred to herein as the "Term.”

ADDITIONAL EXTENSIONS. Subject to the Parent having obtained the requisite approval from the Parent Stockholders to adopt the Charter Amendment and enter into the Trust Agreement Amendment (collectively, the “Additional Extension Approval”) and the Company’s compliance with the immediately following sentence, Parent shall extend the period of time to consummate an initial Business Combination (as defined in Article II of the Parent Certificate of Incorporation) in accordance with Section 9.2(d) of the Parent Certificate of Incorporation (for the avoidance of doubt, as amended by the Charter Amendment), for up to 6 (six) periods of one (1) month each (each, a “Monthly Extension”), to the extent necessary to consummate the Closing at any time prior to the Outside Date, as it may be amended from time to time. At any time on or after the Additional Extension Approval, within three (3) Business Days of receipt of a written request from Parent (which Parent may request for each Monthly Extension), the Company shall transfer to Parent or the Parent Trust Account funds necessary to effect such Monthly Extension in accordance with the Parent Certificate of Incorporation (for the avoidance of doubt, as amended by the Charter Amendment) in the amount so requested, but not to exceed $414,000 for each Monthly Extension (which represents $0.045 per share for 9,200,000 shares of Parent Class A Common Stock) or $2,484,000 in the aggregate for all six (6) Monthly Extensions (each, a “ Monthly Extension Amount”). Notwithstanding anything herein to the contrary, in no event shall Parent, Sponsor or any of their respective Affiliates or Representatives be required at any time to repay any Monthly Extension Amount to the Company or any of its Affiliates; provided, however, that if at the time of the valid termination of this Agreement in accordance with ARTICLE IX, (a) all of the conditions to Closing set forth in ARTICLE VIII are satisfied or waived by the applicable party hereto (other than those conditions that by their nature are to be satisfied at the Closing, but such conditions would reasonably be expected to be satisfied if the Closing were to occur on the date of such termination) and (b) the reason that the Closing has not occurred is that Parent has breached its obligations hereunder to consummate the Closing in accordance herewith, Parent shall be required to repay, within one (1) Business Day after the date of such termination), that portion of any Monthly Extension Amount that has actu...

ADDITIONAL EXTENSIONS. In addition, in the event of a valid claim under Sections A to D of this policy, the Insurer may, with their prior written consent, pay within the Limit of Indemnity the following:

ADDITIONAL EXTENSIONS. In addition, in the event of a valid claim under Sections 3.2, 3.3, 3.4 or 3.5, the Underwriter will pay within the Limit of Indemnity: A. ADDITIONAL COSTS The Underwriter shall not be liable to the Policyholder for any:

ADDITIONAL EXTENSIONS. The Director of the Department of Beaches and Harbors (the “Department”) of the County (“Director”) may, in Director’s reasonable discretion, extend the Term for up to two (2) additional one (1) year periods upon receipt of written notice from Lessee at least ninety (90) days prior to the expiration of the then Term.

ADDITIONAL EXTENSIONS. If at the end of the fourth (4th) five (5) year extension term this Agreement has not been terminated by either Party by giving to the other written notice of an intention to terminate it at least three (3) months prior to the end of such term, this Agreement shall continue in force upon the same covenants, terms and conditions for a further term of five (5) years and for three (3) additional five (5) year terms and one (1) additional term of four (4) years thereafter until terminated by either Party by giving to the other written notice of its intention to so terminate at least three (3) months prior to the end of such term. Under no circumstances will the term of this Lease, including all renewals, exceed forty-nine (49) years. The initial term and all extensions shall be collectively referred to herein as the "Term". During each such additional extension term, as of each anniversary of the Commencement Date, rent shall increase by 2%.