EXTENSION PROVISIONS Sample Clauses

EXTENSION PROVISIONS. (i) If Lessee desires to extend the Term of this Lease for an additional three (3) years beyond the original Expiration Date, Lessee shall have the right, during the period beginning fifteen (15) months prior to the Expiration Date and ending fourteen (14) months prior to the Expiration Date, to advise Lessor and Agent of its desire to so extend the Term. If Lessee expresses such a desire then during the period ending twelve (12) months prior to Expiration Date Lessor and Lessee shall negotiate in good faith toward a mutually acceptable extension of the Term. All terms and conditions of any such extension (other than the length of the extension), including, without limitation, the Net Rent and other amounts to be paid by Lessee during such extended term, shall be subject to negotiation and the mutual agreement of Lessor and Lessee and approved by Agent on behalf of the Instrument Holders (unless the Instruments are discharged in full prior to the contemplated Expiration Date), it being acknowledged and agreed that neither Lessor nor any Instrument Holder shall be obligated to approve any extension, and their approval of any requested extension and/or the terms thereof shall be at the sole discretion of Lessor and such Instrument Holders. If any extension of the Term is agreed upon then the parties hereto shall execute an amendment to this Lease setting out the new Expiration Date and all appropriate revisions to this Lease applicable during such extended period.
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EXTENSION PROVISIONS. (DLA ENERGY JAN 2012)
EXTENSION PROVISIONS. If unable to complete negotiations within the time specified, the Agent shall submit a Contact Log stating the status of the unacquired parcels, any special conditions, recommendations for further action, and request additional time needed for completion. The Commission may extend the negotiation period with a written notice to continue. If the Commission chooses not to extend the Agreement, the Agent shall deliver all completed work product, and an invoice for the partially completed services. All work completed or partially completed shall be the property of the Commission, and will be paid for in proportion to its value to the Commission as determined by the Commission.
EXTENSION PROVISIONS. The Current Lease and all terms and provisions thereof are extended until the earlier of:
EXTENSION PROVISIONS. (DLA ENERGY JAN 2012) grants the option to extend the resultant contract for up to a six month period. This option will be evaluated using one-half the annual estimated quantity for CLINs 0001 and an estimated quantity of one (1) each for services CLINs 0002-0005, The Government may determine that an offered price under an option CLIN is unacceptable if the option prices are significantly unbalanced. Evaluation of options shall not obligate the Government to exercise the option(s).

Related to EXTENSION PROVISIONS

  • Termination Provisions In this Agreement:

  • Subordination Provisions The Company covenants and agrees, and Originator and any other holder of this Company Note (collectively, Originator and any such other holder are called the “Holder”), by its acceptance of this Company Note, likewise covenants and agrees on behalf of itself and any holder of this Company Note, that the payment of the principal amount of and interest on this Company Note is hereby expressly subordinated in right of payment to the payment and performance of the Senior Interests to the extent and in the manner set forth in the following clauses of this paragraph 9:

  • Loan Provisions [ ] A. Participant loans are permitted in accordance with the Employer's established loan procedures. [ ] B. Loan payments will be suspended under the Plan as permitted under Code Section 414(u) in compliance with the Uniformed Services Employment and Reemployment Rights Act of 1994.

  • Special Termination Provisions Notwithstanding the provisions of Paragraph 6 of this Agreement, this Agreement shall terminate upon the occurrence of any of the following events:

  • Additional Termination Provisions Notwithstanding and in addition to the foregoing, in the event that (i) a Mortgage Loan becomes delinquent for a period of 90 days or more (a "Delinquent Mortgage Loan") or (ii) a Mortgage Loan becomes an REO Property, the Purchaser may at its election terminate this Agreement with respect to such Delinquent Mortgage Loan or REO Property, upon 15 days' written notice to the Seller.

  • No Waiver of Subordination Provisions No right of any present or future holder of any Senior Debt of the Company to enforce subordination as herein provided shall at any time in any way be prejudiced or impaired by any act or failure to act on the part of the Company or by any act or failure to act, in good faith, by any such holder, or by any noncompliance by the Company with the terms, provisions and covenants of this Indenture, regardless of any knowledge thereof any such holder may have or be otherwise charged with. Without in any way limiting the generality of the foregoing paragraph, the holders of Senior Debt of the Company may, at any time and from time to time, without the consent of or notice to the Trustee or the Holders of the Securities, without incurring responsibility to the Holders of the Securities and without impairing or releasing the subordination provided in this Article or the obligations hereunder of the Holders of the Securities to the holders of Senior Debt of the Company, do any one or more of the following: (i) change the manner, place or terms of payment or extend the time of payment of, or renew or alter, Senior Debt of the Company, or otherwise amend or supplement in any manner Senior Debt of the Company or any instrument evidencing the same or any agreement under which Senior Debt of the Company is outstanding; (ii) sell, exchange, release or otherwise deal with any property pledged, mortgaged or otherwise securing Senior Debt of the Company; (iii) release any Person liable in any manner for the collection of Senior Debt of the Company; and (iv) exercise or refrain from exercising any rights against the Company and any other Person.

  • Other Definition Provisions (a) All terms defined in this Agreement shall have the above-defined meanings when used in the Debentures or any other Loan Documents, certificate, report or other document made or delivered pursuant to this Agreement, unless the context therein shall otherwise require.

  • Other Termination Provisions 1. We may deliver any notice instead of mailing it. Proof of mailing of any notice shall be sufficient proof of notice.

  • Antidilution Provisions During the Exercise Period, the Exercise Price and the number of Warrant Shares shall be subject to adjustment from time to time as provided in this Paragraph 4. In the event that any adjustment of the Exercise Price as required herein results in a fraction of a cent, such Exercise Price shall be rounded up to the nearest cent.

  • Additional Allocation Provisions Notwithstanding the foregoing provisions of this Article 6:

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