Common use of Option to Extend Term Clause in Contracts

Option to Extend Term. (a) Subject to clause 2.2(b), the User may, by notice to Western Power given no later than 6 months prior to the expiration of the Term as at the time the notice is given, elect to extend the Term by such period as is specified in Part 2 of Schedule 2 as the “Extension Period”, in which event the Termination Date shall be the last day of the Extension Period.

Appears in 4 contracts

Samples: www.erawa.com.au, www.erawa.com.au, www.erawa.com.au

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Option to Extend Term. (a) Subject to clause 2.2(b), the User User* may, by notice to Western Power Power* given no later than that 6 months prior to the expiration of the Term Term* as at the time the notice is given, elect to extend the Term Term* by such period as is specified in Part 2 3 of Schedule 2 as the “Extension Period*”, in which event the Termination Date Date* shall be the last day of the Extension Period*.

Appears in 2 contracts

Samples: www.erawa.com.au, www.erawa.com.au

Option to Extend Term. (a) Subject to clause 2.2(b), the User User* may, by notice to Western Power Power* given no later than that 6 months prior to the expiration of the Term Term* as at the time the notice is given, elect to extend the Term Term* by such period as is specified in Part 2 of Schedule 2 as the “Extension Period*”, in which event the Termination Date Date* shall be the last day of the Extension Period*.

Appears in 2 contracts

Samples: www.erawa.com.au, www.erawa.com.au

Option to Extend Term. (a) Subject to clause 2.2(b), the User User* may, by notice to Western Power Power* given no later than thant 6 months prior to the expiration of the Term Term* as at the time the notice is given, elect to extend the Term Term* by such period as is specified in Part 2 of Schedule 2 as the “Extension Period*”, in which event the Termination Date Date* shall be the last day of the Extension Period*.

Appears in 2 contracts

Samples: www.erawa.com.au, www.erawa.com.au

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Option to Extend Term. (a) Subject to clause 2.2(b), the User may, by notice to Western Power given no later than that 6 months prior to the expiration of the Term as at the time the notice is given, elect to extend the Term by such period as is specified in Part 2 of Schedule 2 1 as the “Extension Period”, in which event the Termination Date shall be the last day of the Extension Period.

Appears in 2 contracts

Samples: www.erawa.com.au, www.erawa.com.au

Option to Extend Term. (a) Subject to clause 2.2(b), the User User* may, by notice to Western Power Power* given no later than 6 months prior to the expiration of the Term Term* as at the time the notice is given, elect to extend the Term Term* by such period as is specified in Part 2 of Schedule 2 as the “Extension Period*”, in which event the Termination Date Date* shall be the last day of the Extension Period*.

Appears in 1 contract

Samples: www.erawa.com.au

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