Other Extensions Clause Samples
Other Extensions. (1) If Executive’s Protection Period starts before the Term of this Agreement (as extended, if applicable, under § 2.2(b)) expires, the Term of this Agreement shall automatically be extended until the expiration of such Protection Period.
(2) If Executive’s employment terminates during Executive’s Protection Period under the circumstances described in § 3.1, if Executive’s employment terminates under the circumstances described in § 3.6 before the Term of this Agreement (as extended, if applicable, under § 2.2(b)) expires, or if this Agreement is not assigned in accordance with § 10.1, the Term of this Agreement shall automatically be extended until the earlier of (i) the date Executive agrees that all SunTrust’s obligations to Executive under this Agreement have been satisfied in full or (ii) the date a final determination is made pursuant to § 8 that SunTrust has no further obligations to Executive under this Agreement.
Other Extensions. Notwithstanding the provisions of Section 6.1(b)(i) hereof, the Fixed Construction Commencement Date and/or the Fixed Substantial Completion Date may be extended as follows.
(i) In the event of the occurrence of the First Non-Delivery Event, the Fixed Construction Commencement Date shall be deemed to be automatically extended by three (3) months (the “First Extension Period”) to the date that is fifteen (15) months after the Delivery Date; it being agreed that, following the occurrence of the First Non-Delivery Event, if Tenant Commences Construction prior to the last day in the First Extension Period, then the 36-month period between the Fixed Construction Commencement Date and the Fixed Substantial Completion Date referred to in Section l.1(a)(cxxvii) hereof (the “Fixed Construction Period”) shall automatically be extended by the number of days (maximum of ninety (90) days) that Tenant Commences Construction prior to the last day of the First Extension Period.
(ii) In the event of the occurrence of the Third Non-Delivery Event, the Fixed Construction Commencement Date shall be deemed to be automatically extended by six (6) months (the “Second Extension Period”) to the date that is eighteen (18) months after the Delivery Date; it being agreed that following the occurrence of the Third Non-Delivery Event, if Tenant Commences Construction prior to the last day in the Second Extension Period, then the Fixed Construction Period shall automatically be extended by the number of days (maximum of one hundred eighty (180) days) that Tenant Commences Construction prior to the last day of the Second Extension Period.
(iii) In addition to the extensions described in Sections 6.1(c)(i) and 6.1(c)(ii) hereof, if the Delivery Date occurs prior to the occurrence, if any, of the Third Non-Delivery Event, Tenant may, at and to the extent of Tenant’s election, (A) further extend the Fixed Construction Commencement Date by up to three (3) months by making a payment to Landlord in accordance with Section 6.1(c)(v) hereof and (B) further extend the Fixed Construction Period by up to six (6) months by making a payment to Landlord in accordance with Section 6.1(c)(v) hereof; provided, however, that in the event that Tenant purchases less than the 3-month extension permitted pursuant to clause (iii)(A) of this Section 6.1(c), any such unpurchased days (“Excess Days”) may be purchased by Tenant from time to time, by making a payment to Landlord in accordance with Section 6.1(c)(v)...
Other Extensions. The Amended Credit Agreement provides for certain financial benchmarks and ratios to be achieved by Borrowers beginning on March 1, 2008. Provided that the preconditions to extensions described in Section 3 herein and the contingencies set forth herein are met as required, Lenders agree that the commencement date of March 1, 2008 for the Current Ratio, Working Capital, Leverage Ratio, Fixed Charge Coverage Ratio, and Net Worth shall be extended through the Termination Date. The other reporting requirements contained in the Amended Credit Agreement shall not be affected by this Agreement.
Other Extensions. In any event, if Sears provides CSC with less than thirty (30) days’ prior notice of any extension of the Services or Termination Assistance Services, or requests for Termination Assistance Services beyond the applicable period referenced in clause (i) or (ii) above, CSC shall nonetheless use commercially reasonable efforts to comply with Sears’ request and provide the requested Termination Assistance Services or other Services, as the case may be.
Other Extensions. In the event that a claim is asserted (whether or not resulting in litigation) which involves the breach or alleged breach of any of Seller’s representations, warranties or agreements contained herein, or in the event of Seller’s default, the Option Period shall automatically be extended for a period of time equal to the period of time in which such claim is outstanding or unresolved, or, in the event of Seller’s default, for a period of time equal to the duration of any such default, but in no event to exceed one (1) year. In addition, if there shall be an event of force majeure (as that term is customarily defined in the entertainment industry) including, without limitation, any strike, walkout or other work stoppage by any union, guild or other labor organization against motion picture producers during the Option Period, the Option Period shall automatically be extended by a period equal to the duration of such event of force majeure, but in no event to exceed six (6) months.
Other Extensions. In any event, if Sears provides CSC with less than *** prior notice of any extension of the Services or Termination Assistance Services, or requests for Termination Assistance Services beyond the applicable period referenced in clause (i) or (ii) above, CSC shall nonetheless *** comply with Sears’ request and provide the requested Termination Assistance Services or other Services, as the case may be.