Examples of Term Extension in a sentence
This Subsection does not obligate Contracting Officer to grant Contract Term Extension.
The provisions of this Contract in effect when such notice is given shall remain in effect during the End of Term Extension.
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.
The End of Term Extension shall automatically terminate upon execution of a replacement contract or modification extending the total term of this Contract.
Required Deposits may be adjusted as part of a rate redetermination or a Contract Term Extension.