Definition of Term Extension

  1. Term Extension means any period of time by which this Agreement is extended because of the parties' mutual obligation to continue to supply Courses to University Students registered with a University at the date of notification of termination of this Agreement until completion of such Courses according to the terms of clause [7.2];

Examples of Term Extension in a sentence

  1. Consistent with its Customary Servicing Practices, the Servicer may, in its discretion, grant a Postmaturity Term Extension with respect to any Transaction Lease.
  2. Term Extension: Extend Term (as defined in Exhibit F) of the Development Assignment from four (4) years to eight (8) years; ii.
  3. In the event that GSK desires to exercise the Research Term Extension, it shall [***].

Definition of Term Extension in Agreement

Term Extension means any period of time by which this Agreement is extended because of the parties' mutual obligation to continue to supply Courses to University Students registered with a University at the date of notification of termination of this Agreement until completion of such Courses according to the terms of clause [7.2];