Possible Extension. Upon the mutual agreement of the parties, this License Agreement may be extended for a period and under such other provisions and/or amendments to the provisions of this Agreement, to be agreed upon in good faith negotiations between the parties.
Possible Extension. Upon the mutual agreement of the parties, this Research Agreement may be extended for a period and under such other provisions and/or amendments to the provisions of this Agreement, to be agreed upon in good faith negotiations between the parties.
Possible Extension. Year 2 Possible Extension – Year 3 Hourly Rate (Standard Hours) - Mon thru Fri 7:30am to 6:00 pm $45 $45 $45 Hourly Rate (After Hours) – Mon thru Fri 6:01pm to 7:29am, Sat & Sun $65 $65 $65 Hourly Rate (Stand-by) – Weekday Hours 6:01 pm to 7:29 am $50 $50 $50 MPS reserves the right to determine in its sole discretion whether services have been adequately and fully delivered; to withhold payment until services are fully and adequately delivered; or to disallow a pro rata share of payments for services not fully and adequately delivered. Milwaukee Public Schools does not pay in advance for services. No payment will be made until a properly submitted invoice is approved. Services will be billed in half-hour increments. Invoices will be submitted directly to the school or MPS department requesting the services. A properly submitted invoice must include a detailed description of the dates and times worked and the tasks performed. As a matter of practice, MPS attempts to pay all invoices in 30 days. It is mutually agreed that State Prompt pay law does not apply to this Contract. Unless otherwise specified, MPS will not pay invoices submitted more than 60 days after actual work. In the case of grant funding, no payments will be made after grant close out. Final invoices must be marked as such.
Possible Extension. Borrower has represented to Lender that Borrower expects to complete certain financing by March 31, 1998. If such financing is not completed by that date, but Borrower can demonstrate to Lender's satisfaction that significant progress (as determined by Lender) has been made towards such completion and that such financing is scheduled and anticipated to be completed in the immediate future, and if no other Default or Event of Default has then occurred, Lender will consider extending the maturity due to not later than May 1, 1998, subject to the execution of such documentation as Lender may deem necessary to implement or evidence such extension. Lender's agreement to consider extending the maturity date is not a commitment to do so, and Lender shall make any such decision in its sole and absolute discretion.
Possible Extension. The parties agree to meet before September 30, 2005 in order to discuss in good faith a five-year extension or renewal of this Agreement upon mutually satisfactory terms and conditions.
Possible Extension. The parties agree to meet during 2003 to discuss a five-year extension or renewal of this Agreement upon mutually satisfactory terms and conditions.
Possible Extension. On approximately the commencement of the 19th year of the term hereof, Lessor shall meet with Lessee to consider extending the term hereof beyond 20 years and establishing the provisions of such extended term. Nothing herein shall obligate Lessor or Lessee to agree upon extending the term or establishing the terms.
Possible Extension. The parties agree to meet during 2005 to discuss a five-year extension or renewal of this Agreement upon mutually satisfactory terms and conditions.
Possible Extension. 120 days prior to the expiration of the twenty (20) year term of this Lease, the Congregation and Homes shall jointly determine in good faith concerning whether Homes is operating the Complex on the Property in accordance with the Purpose set forth in Section 2 above. If the determination is in the affirmative, Homes and the Congregation shall extend the Lease for an additional Twenty (20) year term upon mutually agreeable terms and conditions.
