Extension Option shall have the meaning set forth in Section 2.5(c) hereof.
Extension Option means the First Extension Option, the Second Extension Option, or the Third Extension Option, as applicable.
Extension Option has the meaning set forth in Section 3.02.
Examples of Extension Option in a sentence
The University shall exercise an Extension Option at its sole discretion.
If requested by the University, the Contractor shall enter into an amendment to this Agreement memorializing the exercise of an Extension Option (provided that the forgoing shall not be construed as requiring any such amendment to exercise an Extension Option).
In no event will City be required to exercise the Extension Option.
To exercise an Extension Option, City must give notice (an “Exercise Notice”) to Tenant on or before the date that is sixty (60) days prior to the Expiration Date.
If the University declines to exercise an Extension Option, this Agreement shall expire effective on the expiration of the then- ongoing Term.
More Definitions of Extension Option
Extension Option has the meaning specified in Section 2.15.
Extension Option is defined in Section 2.5.
Extension Option has the meaning set forth in Section 2.9(b).
Extension Option is defined in Section 3.1(b).
Extension Option as defined in Section 2.20.
Extension Option is defined in Article II, Section B. “Extension Term” is defined in Article II, Section B. “Flat Fee” is defined in Section IV.B.
Extension Option. As such term is defined in Section 4.3.