First Extension Period definition

First Extension Period means the period commencing on the date immediately following the Original Maturity Date and expiring on the First Extended Maturity Date, as more fully set forth in Section 2.9 hereof.

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First Extension Period means the period of one (1) Contract Year commencing immediately after the conclusion of the Initial Exploration Period.

First Extension Period means the period of time from and including the 13th month following the Distribution Date through and including the 18th month following the Distribution Date.

Examples of First Extension Period in a sentence

All terms and conditions of this Lease will remain in full effect during the First Extension Period.
During the Extension Periods, no further Advances will be available from the Loan and the Loan Documents will be deemed to be automatically modified to reduce the total committed and available amount of the Loan from its original amount to the outstanding principal amount of the Loan as of the commencement of the First Extension Period.
Lessee agrees to and shall pay to Lessor monthly base rent for the Premises for the following periods (inclusive of the First Extension Period) in the amounts set forth below.
Guarantor acknowledges that Borrower has the right to extend the Maturity Date of the Loans for the First Extension Period, the Second Extension Period and the Third Extension Period on the terms and conditions set forth in the Loan Agreement; hereby consents to the extension of the Maturity Date for each of such periods; and hereby agree that no further consent is required from Guarantor in connection with any such extension.
The Ministry shall not unreasonably withhold or delay the granting of such extension; provided that the Contractor has complied with all of its obligations in the Initial Exploration Period and the First Extension Period, as applicable, and shall not be otherwise in breach of this Contract.

More Definitions of First Extension Period

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

First Extension Period. The period commencing on the day immediately following the Initial Facility Termination Date and ending on the First Extended Facility Termination Date.

First Extension Period has the meaning assigned to such term in Section 2.5(1).

First Extension Period. As defined in SECTION 3.1.3.

First Extension Period. A period of twelve (12) months, commencing on the first day after the Initial Maturity Date and ending on the First Extended Maturity Date.

First Extension Period shall have the meaning set forth in Section 4.1.3.

First Extension Period means a single period of one (1) year commencing on the first (1st) day after the Initial Maturity Date.