Extension Term definition

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

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Extension Term shall have the meaning set forth in Section 2(b).

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

Examples of Extension Term in a sentence

If either party fails to timely give notice of its selection for an Arbitrator, the other party’s submitted proposal shall determine the Base Rent for the Extension Term.
Landlord and Tenant shall then execute an amendment recognizing the Market Rate and escalations for the Extension Term.
If the Market Rate and escalations are not determined by the first day of the Extension Term, then Tenant shall pay Landlord Base Rent in an amount equal to the Base Rent in effect immediately prior to the Extension Term and increased by the Rent Adjustment Percentage until such determination is made.
If either party fails to timely submit an Extension Proposal, the other party’s submitted proposal shall determine the Base Rent and escalations for the Extension Term.

More Definitions of Extension Term

Extension Term means the period of time by which the Grant Expiration Date is extended by the State through delivery of an updated Grant Award Letter

Extension Term has the meaning set forth in Section 3.02.

Extension Term has the meaning set forth in Section 2.1.

Extension Term means the time period defined in §3. B.

Extension Term has the meaning set forth in Section 4.2.

Extension Term means the period of time by which the Grant Expiration Date is extended by the State through delivery of an updated Grant Award Letter, an amendment, or an Option Letter.

Extension Term means the period of time by which the ARPA Expiration Date is extended by the State through delivery of an updated ARPA Letter.