CONTRACT OPTION(S) Sample Clauses

CONTRACT OPTION(S). The Contract Options for this Contract are the Fixed Account and the Index Account.

CONTRACT OPTION(S). To reduce, suspend or cancel the Contract for systematic, deliberate misrepresentations or unacceptable levels of performance.

CONTRACT OPTION(S) a. The Authority retains the ability to utilise the Option Year (Year 4), subject to the Authority’s continued requirement for the Framework Contractors’ services under the Framework Agreement following completion of each Contract Year. The Framework Contractors hereby grant to the Authority irrevocable Options to proceed to future Contract Years at the firm prices stated in the Schedule of Requirements (Schedule 2). The Authority will not be obliged to take up the Option and if the Authority elects not to take up the Option, the Framework Agreement will be deemed to have expired at the end of Contract Year 3 if Contract Year 4 is not taken up. b. The Authority will notify the Framework Contractors of its intention to take up the Option for the next Contract Year no less than 3 months before the current expiry date of the Contract.

CONTRACT OPTION(S). Option trading is highly speculative and is not suitable for all investors due to the risks involved. Buyers and sellers of Contract Options should familiarise themselves with the type of option (i.e. put or call, bought or sold) they intend to trade and the associated risks. Contract Options are traded with the custodian as counterparty to the trades; this implies that any position opened with the custodian can only be closed with the same custodian.

CONTRACT OPTION(S). (a) Buyer may unilaterally exercise the option item(s) specified above by giving written notice to the Seller in the form of a purchase order which references this Agreement prior to contract expiration; provided that the Buyer has given Seller preliminary notice of the Buyer’s intent to extend at least 60 days before the Agreement expires. The preliminary notice does not commit Buyer to an extension. (b) Should Buyer exercise an option(s) hereunder, all contractual terms or conditions in force shall apply during the option period(s). (c) The Buyer may require the Subcontractor to continue to perform the services as required by this subcontract on the same terms and conditions, except as otherwise noted in this clause, for one month or any combination of successive months not to exceed a total of six (6) calendar months following the expiration of the subcontract period. The Buyer will furnish written notice to the Subcontractor at least 7 days before this subcontract or any extension thereof is to expire; provided however, that any extensions of services pursuant to this clause shall be for one or more calendar months. The price of services of each calendar month shall be the established prices set forth in the schedule. (d) CSC may require the subcontractor to provide additional services on an as needed basis at the prices set forth in the schedule. The request for additional flights shall be made at least 24 hours in advance in the form of an e-mail between CSC and Gulfstream. CSC shall provide a modification to the current year’s purchase order within 3 day’s after the notification increasing the firm fixed price and limitation of obligation.

CONTRACT OPTION(S). I. Continuing Contracts

CONTRACT OPTION(S). To be granted promptly after the Effective Date: Options to purchase not less than 1,300,000 shares of Common Stock, allocated as follows:

CONTRACT OPTION(S). Parties to this Agreement agree that it is preferable to have full time personnel but also recognize that there may be times when it is in the best interests of the District to have personnel on partial contracts. It is the intention of the District that any agreed upon contract option shall be in the best interest of student learning. The Board shall be the sole judge as to the number and type of partial contracts granted. In all cases of denial of applicants, upon request, the reasons for the denial shall be given in writing to the applicant.

CONTRACT OPTION(S) a. The Authority retains Options to proceed to each of the Contract Years 2,3 and 4. Subject to its continued requirement for the Contractor’s services under the Contract following completion of each Contract Year. The Contractor hereby grants to the Authority irrevocable Options to proceed to future Contract Years at the firm prices stated in the Schedule of Requirements at Annex B to Purchase Order. The Authority will not be obliged to take up the Option(s) and if the Authority elects not to take up the Option(s), the Contract will be deemed to have expired at the end of the current Contract Year. b. The Authority will notify the Contractor of its intention to take up the Option for the next Contract Year within a reasonable notice period during the Contract Year.