RIGHT OF EXTENSION. It is recorded that the Seller has reserved the right to extend the scheme in phases, in terms of Section 25 of the Sectional Titles Act. This means that the Seller may build on to the development at some time in the future. The Purchaser understands and agrees that he might have to endure the inconvenience of on-going construction activities on the site and furthermore accepts that any amenities serving the whole development, or improvements of the common property may only be constructed with the final phase.
RIGHT OF EXTENSION. Tenant shall have the right to extend the Lease Term for one (1) three (3) year term in accordance with Section 2.4(b).
RIGHT OF EXTENSION. 21.1 The Purchaser records that he is aware that on the occupation date the buildings and other sections may be incomplete and that occupants may suffer inconvenience from building operations and that he shall have no claim against the Seller by reason of any such inconvenience.
RIGHT OF EXTENSION. This Agreement may be renegotiated and extended for a further 12 months by COORDINARE (funding dependent) and based on the agreement of both parties. Withholding or Adjusting Funds: COORDINARE may withhold, adjust or recover funding, in its absolute discretion, if the Contractor withdraws from the project or is in breach of obligations under this contract. Executed by COORDINARE Ltd Executed by Contractor ____________________________ _____________________________ Signature of CEO Signature of Contractor _____________ _____________
RIGHT OF EXTENSION. 15.1 The Seller reserves to itself and to its successor in title as Developer, the right to erect and complete Phase 2, from time to time, but by no later than 25 (Twenty Five) years from the date of this Agreement of Sale, for his personal account. The extension may consist of a further Building or Buildings, or a horizontal or vertical extension of an existing Building or Buildings substantially in accordance with the Site Development Plan which is annexed hereto as Annexure "A" and which envisages a development comprising of 23 sections.
RIGHT OF EXTENSION. If this Agreement is not terminated before December 31, 2045, then the term of this Agreement shall be extended automatically for periods of one year each for as long as the following conditions exist:
RIGHT OF EXTENSION. 7.2.1 If COMPANY exercises the above right of extension of the INITIAL PERIOD as from the expiry of the INITIAL PERIOD, COMPANY shall continue to pay OWNER the DAILY COMPENSATION FEE as per Section III – CHARTERPARTY Prices and Schedules for Variations, or as otherwise agreed between the PARTIES. 8 MAINTENANCE
RIGHT OF EXTENSION. Lessee is hereby granted three (3) separate options to extend the term of this Lease, each option period to be for five (5) years. Except as to Fixed Rental (hereinafter defined), and as otherwise provided herein, Lessee's occupancy of the Premises during such period(s) shall be on and subject to the same terms and conditions as the Initial Term hereof. This Lease shall automatically renew for each of said extension periods unless Lessee gives written notice to Lessor of its intention not to extend this Lease at least six (6) months prior to the end of the then current term. 2 3.
RIGHT OF EXTENSION. Each Purchaser may exercise the right(s) of extension contemplated by sections 17 (Master Agreement) and 18 (Municipal Bus Purchase Agreement with Supplier), by providing to Metrolinx notice in writing of its intention to do so no later than 45 calendar days prior to the completion of the current term of the Master Agreement. Such notice may be provided by that Party’s Member. Notwithstanding anything in this Agreement to the contrary, in the event that no Purchaser notifies Metrolinx of its intention to exercise an upcoming Option Year under the Master Agreement, the Master Agreement shall be deemed to be at an end and shall expire at the completion of its current term.
RIGHT OF EXTENSION. No right of extension The Purchaser acknowledges that there * is / is no [*Delete whichever is not applicable] right to extend the Scheme in which the Property is incorporated in terms of section 25 of the Sectional Titles Act.
