Contract Extension Period definition

Contract Extension Period means such period or periods up to a maximum of the number of years in total as may be specified by the Customer, pursuant to Clause 5.2 and in the Contract Order Form;

Examples of Contract Extension Period in a sentence

  • The Supplier shall provide the Work(s) during the Contract Term and the Contract Extension Period within the time agreed and on a specified date(s), in accordance with the requirements of the Contract.

  • The domestic investment portfolios contain a diversified blend of equity and fixed-income investments.

  • Where the Customer has specified a Contract Extension Period in the Contract Order Form, the Customer may extend this Contract for the Contract Extension Period by providing written notice to the Supplier before the end of the Initial Contract Period.

  • Contract Extension Period – a Contract performance period that follows the Initial Contract Period, as set forth in a signed Contract amendment.

  • Such option to be called by either Party no later than 14 days prior to expiration of the Contract Extension Period.

  • In the integrated scenario with SAP S4/HANA, this type of product corresponds to physical products.• Subscription - the standard SAP CPQ product model is expanded with three system attributes: Contract Duration, Billing Cycle and Contract Extension Period which is consequently reflected in a different item display on quotes.• Subscription Billing - IsSyncedFromBackOffice is always FALSE.

  • The mathematics faculty leads in the MRC have a multi-faceted job description.

  • Note: Standalone subscription products are available only in Quote 2.0. Standalone subscription products have three system attributes (Contract Duration, Billing Cycle and Contract Extension Period) and the quote item layout different than standard item layout.

  • Resolution AUTHORIZING the PURCHASE of PAINT & RELATED SUPPLIES, AMENDMENT #05, from RICCIARDI BROTHERS, INC., Maplewood, NJ, ITEMS: 2015 Supply Contract for Paint and Related Supplies, for the Period of August 1, 2015 through December 31, 2015, as available under NJ State Contract #A82224, T-0927, 2nd Contract Extension Period: August 1, 2015 through July 31, 2016, in the Estimated Total Contract Amount of $20,000.00.

  • If a contract extension is approved, the grant funds spent between July 1 and August 15 will be reported on the quarterly Financial Report in the column Contract Extension Period.

Related to Contract Extension Period

  • First Extension Period means a period of twelve (12) consecutive months following the Initial Maturity Date.

  • Second Extension Period means the period commencing on the day following the First Extended Scheduled Maturity Date and ending on the Second Extended Scheduled Maturity Date.

  • Resolution Extension Period As defined in Section 2.03(b).

  • Extension Period has the meaning specified in Section 3.12.

  • Grace Period Extension Date means, if:

  • Debt service extension base means an amount equal to that

  • Extended Term shall have the meaning given such term in Section 2.4.

  • Initial Contract Period means the period from the Commencement Date to the date of expiry set out in clause A2 (Initial Contract Period), or such earlier date of termination or partial termination of the agreement in accordance with the Law or the provisions of the Contract.

  • Extension Term means the time period defined in §2.C.

  • Non-Extension Notice Date has the meaning specified in Section 2.03(b)(iii).

  • project completion period means the period of sixty (60) months commencing from and expiring on for the construction and obtaining of Temporary Occupation Permit or Permits for the whole of the Development as provided in clause 3.3;

  • Extension Determination Date means, in respect of a Series of Covered Bonds, the date falling two Business Days after the expiry of seven days from (and including) the Final Maturity Date of such Covered Bonds.

  • Billing Commencement Date means the earlier of:

  • Scheduled Completion Date shall be the date set forth in Clause 10.3;

  • Non-Extension Notice has the meaning specified in Section 2.10.

  • Payment Commencement Date means the date payments of amounts deferred begin pursuant to Article III, Section 6.

  • Loan Commencement Date means, with respect to each Loan, the first Business Day of the calendar month following the Funding Date of such Loan.

  • Contract Term Extension means an extension of the term of this contract, at the request of Purchaser, under this Subsection. This Subsection does not obligate Contracting Officer to grant Contract Term Extension. When such extension is made, Forest Service shall make an appraisal using standard Forest Service methods and appraisal data in effect 45 days prior to the original Termination Date. Bid Premium Rates shall be added to such appraised rates to establish Flat Rates or Tentative Rates for the extension period. In event rates so established would develop Current Contract Value immediately prior to such an extension that is less than Current Contract Value at that time, Flat Rates and Tentative Rates in effect immediately prior to extension shall be retained for the extension period. In consideration for granting an extension, Purchaser shall pay the Government for Purchaser’s failure to cut and remove timber meeting Utilization Standards prior to Contract Term Extension, an amount that shall be the total of the costs to the Government resulting from the delay in harvest of Included Timber. Such costs will be determined by Forest Service and shall include, but not be limited to, the following:

  • Extended Termination Date has the meaning specified in Section 2.16(c).

  • Completion Period means the period starting from the date of issue of "Order" and required to complete the work in all respect.

  • Commencement Date of the Contract means the date of signing of the Contract between the Purchaser and the Contractor.

  • Initial Term has the meaning set forth in Section 7.1.

  • Rectification Period means the period of time set out in Section 4.3 of this RFP during which a Proponent will be permitted to rectify its Proposal to satisfy the mandatory submission requirements of this RFP.

  • extended reduction period means the period for which a person is in receipt of an extended reduction in accordance with paragraph 89, 96 or 101;

  • Lease Termination Date means the last day of the Lease Term.

  • Commencement Date or Handover Date means the date on which the Licensed Space of first lot of stations as per Annexure 1 is handed over by DMRC to the Selected Bidder, in accordance with the terms of this agreement.