Examples of Extension Periods in a sentence
The Monthly Extension Periods may be agreed to by the parties only if the government is unable to continue the services under a new contract after a new solicitation and procurement is undertaken by the government.
HUD will notify the High Bidder in writing of all approved Extension Periods.
The Monthly Extension Periods may be agreed-to by the parties only if the government is unable to continue the services uninterrupted under a new contract after a new solicitation and procurement undertaken by the Government.
At the option of the government, the contract may be extended after the Renewal Term on a month-to-month basis (each being a “Monthly Extension Period”), to begin immediately after the expiration of the Renewal Term(s), provided that in no event may the parties agree to more than six (6) Monthly Extension Periods.
The Approved Foreclosure High Bidder will be notified in writing of all granted Extension Periods.