Contract Extension Option definition

Contract Extension Option means an option of a Customer to extend the term of a Contract for one or more additional time periods.

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Contract Extension Option means an option of a Customer to extend a Contract for one or more additional time periods.

Contract Extension Option means an option of the ASC to extend a Contract for one or more additional time periods.

Examples of Contract Extension Option in a sentence

• Contract Extension Option The OHCA may choose to exercise an extension for up to one-hundred-eighty (180) days beyond the final renewal option period at the Contract pricing rate; the extension shall be executed by mutual agreement.

• If the Contract Extension Option is agreed to, unit costs will be adjusted on the anniversary date of the Contract for the extension period.

• The City incurs no liability for Additional Services without a written amendment to this Agreement under Section 3.1.9, This Section 3.1.9, does not apply, however, to Agreement extensions governed by Section 3.1.8, Contract Extension Option.

• This Agreement takes effect as of the Effective Date and continues, except as provided under the paragraph regarding "Contract Extension Option" or the section regarding "Events of Default and Termination" in the "Standard Terms and Conditions" above, until the later of (i) , as that date may be extended pursuant to "Contract Extension Option," or (ii) completion of the final task assigned before the date, if and as extended, in (i).