MUTUAL EXTENSION OF TIME PERIOD Sample Clauses

MUTUAL EXTENSION OF TIME PERIOD. If mutually agreed between NYSPro and the Contractor, the next Model Year (MY) vehicle may be supplied if MY Build-Out Date has occurred for the Item awarded and the next MY has not been awarded under a new solicitation. For each next MY after Contract Award, Contractor shall supply NYSPro with documentation that the next MY vehicle meets or exceeds the specifications for the vehicle as set forth in the resultant contract(s). Prices shall be calculated in accordance with Section III.8.7 Next Model Year and Replacement Vehicle Pricing, and all terms and conditions remain in effect. Once the next MY has been awarded under a new solicitation, Contractor shall not accept Purchase Orders for the Contract. If the next MY has not been awarded, Contractor may continue to supply current and next MY vehicles until depletion of stock or manufacturer’s production build-out. The State reserves the right to terminate the Contract with cancellation terms of this Contract. If mutually agreed between NYSPro and the Contractor, the Contract may be extended under the same terms and conditions for an additional period(s) of up to five years; extensions may be exercised on a continuing basis such as an additional three month, six month, twelve month or 24 month periods.
Sample 1Sample 2Sample 3See All (14)
AutoNDA by SimpleDocs
MUTUAL EXTENSION OF TIME PERIOD. If mutually agreed between PSG and the Contractor, the Contract may be extended under the same terms and conditions for an additional period(s) of up to five years; extensions may be exercised on a continuing basis such as an additional three month, six month, twelve month or 24 month periods.
Sample 1Sample 2Sample 3

Related to MUTUAL EXTENSION OF TIME PERIOD

  • No Extension of Time If the Owner’s determination proves valid that good cause existed to believe a violation had occurred, the Contractor is not entitled to an extension of time for any delay arising directly or indirectly from the arbitration procedures set forth herein.

  • Extension of Time Limits The time limits referred to in this Article may be extended by mutual agreement of the parties in writing.

  • Extension of Time If the Executive shall be in violation of any provision of this Article 6, then each time limitation set forth in this Article 6 shall be extended for a period of time equal to the period of time during which such violation or violations occur. If the Company seeks injunctive relief from such violation in any court, then the covenants set forth in this Article 6 shall be extended for a period of time equal to the pendency of such proceeding including all appeals by the Executive.

  • Calculation of Time Periods Unless otherwise specified, in computing any period of time described in this Agreement, the day of the act or event after which the designated period of time begins to run is not to be included and the last day of the period so computed is to be included, unless such last day is a Saturday, Sunday or legal holiday under the laws of the State in which the Property is located, in which event the period shall run until the end of the next day which is neither a Saturday, Sunday or legal holiday. The final day of any such period shall be deemed to end at 5 p.m., local time.

  • Extension of time for completion (i) Without prejudice to any other provision of this Agreement for and in respect of extension of time, the Contractor shall be entitled to extension of time in the Project Completion Schedule (the “Time Extension”) to the extent that completion of any Project Milestone is or will be delayed by any of the following, namely:

  • Delays and Extension of Time If the Contractor is delayed at any time in the progress of providing goods and/or services by an act or neglect of the District, or by changes ordered in the work, or by labor disputes, strikes, insurrections, fire, acts of God; unusual but well documented and excusable delays in performance, or other causes beyond the Contractor’s control, or by delay authorized by the District, then the contract Term of service may be extended by a contract amendment for such reasonable time as the District and the Contractor may agree.

  • Computation of Time Periods In this Agreement in the computation of periods of time from a specified date to a later specified date, the word “from” means “from and including” and the words “to” and “until” each mean “to but excluding”.

  • Time Period The bounded Party’s(ies’) duty to hold the Confidential Information in confidence shall remain in effect until such information no longer qualifies as a trade secret or written notice is given releasing such Party from this Agreement.

  • Time Periods The nondisclosure provisions of this Agreement shall survive the termination of this Agreement and Receiving Party's duty to hold Confidential Information in confidence shall remain in effect until the Confidential Information no longer qualifies as a trade secret or until Disclosing Party sends Receiving Party written notice releasing Receiving Party from this Agreement, whichever occurs first.

  • Extension of Defects Liability Period The Defects Liability Period shall be deemed to be extended till the identified Defects under Clause 17.2 have been remedied or rectified.

Time is Money Join Law Insider Premium to draft better contracts faster.