First Extension Period. Commencing at the end of the Initial Exploration Period and terminating at the end of a further two (2) Contract Years.
First Extension Period. Provided the following conditions precedent shall have been satisfied, then Borrower shall be entitled (the “First Extension Option”) to extend the Initial Maturity Date to the First Extended Maturity Date, subject to the satisfaction of the terms and conditions set forth in this Section. The First Extension Option shall be granted to Borrower only if all of the following conditions have been simultaneously satisfied in each instance:
First Extension Period. In the event the Average Sold Excess Capacity is at least ten percent (10%) or greater during the Initial Period, the term of the Agreement shall be automatically extended for an extension period (the "FIRST EXTENSION PERIOD") commencing on the day after the expiration of the Initial Period and expiring on the tenth (10th) anniversary thereafter.
First Extension Period. If the Closing has not occurred by January 22, 2023, Parent shall, with the Company’s reasonable cooperation, take such actions as are reasonably necessary pursuant to the Trust Agreement and Parent’s amended and restated certificate of incorporation to extend the period of time for it to complete an initial business combination for an additional period of three months (i.e., to April 22, 2023) (the “First Extension Period”), including providing any required notices to the Trustee. Each of Parent and, so long as Parent takes such actions as are described in the immediately preceding sentence and provides written notice thereof to the Company not less than two Business Days prior to January 22, 2023, the Company, shall deposit, or cause to be deposited, into the Trust Account, not later than January 22, 2023, 50% of such funds as are required pursuant to the Trust Agreement and Parent’s amended and restated certificate of incorporation to extend the period of time for Parent to complete an initial business combination for an additional period of three months through the First Extension Period; provided however, that (i) the Company may issue shares of Company Common Stock for cash in an amount sufficient to pay such funds hereunder and any fees and expenses related to such offering of Company Common Stock (including the fees and expenses of any underwriter, sales agent, or placement agent) and (ii) neither the Company’s issuance of such shares of Company Common Stock, the payment of all fees and expenses in accordance therewith, nor the Company’s payment of such funds as are required to extend the period of time to complete the initial business combination through the First Extension Period, shall be or be deemed to be prohibited by or a breach of the Company’s obligations under Section 6.1(b)(xviii).
First Extension Period. At the end of the Initial Period, Oscient may exercise its option for the First Extension Period if all of the following conditions are satisfied:
First Extension Period. Although the Lease Term (until this Amendment) expires on July 31, 2005, the parties have agreed that, as part of the business terms of the transaction memorialized in this Amendment, the current Lease Term (i.e., as to the Current Premises) will expire on March 31, 2004. Thereafter, Lease Term as to the entire Premises (i.e., the Current Premises and the Second Expansion Space, as defined below) is extended for a period of four (4) years (the "FIRST EXTENSION PERIOD") commencing on April 1, 2004 and expiring on March 31, 2008.
First Extension Period. Purchaser shall pay Seller for the initial ten (10) day Extension Period an extension fee in the amount of One Hundred Thousand and No/100 Dollars ($100,000.00) (the “First Extension Fee”) in consideration of the extension of the Closing Date. Payment of the First Extension Fee shall accompany the Extension Notice and shall be made to Seller at the notice address set forth in Section 16 of the Purchase and Sale Agreement. Purchaser shall not receive a credit against the Purchase Price payable at Closing for the First Extension Fee. The First Extension Fee shall be nonrefundable except in the event of a default by Seller under the terms of the Purchase and Sale Agreement.
First Extension Period. Twelve months before the Initial Agreement Expiration Date, Service Provider will present Dxxx with a written proposal setting forth terms and conditions on which Service Provider proposes to continue providing the Services for an additional period. If the Parties are unable to agree upon the terms and conditions for the *** indicates where a confidential portion has been omitted and filed separately with the Commission renewal of this Agreement after the Initial Term, Dxxx xxx, by notifying Service Provider in writing no later than 30 days before the Initial Agreement Expiration Date, elect to extend the effectiveness of this Agreement, for a period of time designated by Dxxx that will not exceed twelve months from the Initial Agreement Expiration Date (the “First Extension Period”), which renewal will be at the then current terms and conditions, including pricing. If Dxxx does not elect to extend this Agreement under this Section, then this Agreement will expire at the end of the Initial Term.
First Extension Period. At the conclusion of the Term, Customer may elect to extend this Agreement for an additional consecutive twelve (12) month period (the “first Extension Period”) at the rates, discounts, charges and credits set forth in the Agreement.
First Extension Period. The term of the Lease is extended for a period of thirty-eight (38) months (the “First Extension Period”) commencing on May 1, 2015, and expiring on June 30, 2018. Tenant acknowledges that it has no further extension or renewal rights or options under the Lease, except as provided below.
