Options to Extend Term definition

Options to Extend Term. Two (2) renewal options of five (5) years each (each a "Renewal Term"), subject to the provisions of Section 2.02 hereof.
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Options to Extend Term shall be amended to add the following paragraph: Provided COUNTY shall have fully and faithfully performed all of the provisions contained in this Agreement, the LANDLORD agrees that the COUNTY shall be given three (3) additional Options for three Snow Seasons: 2022-2023, 2023-2024, and 2024-2025. Snow Season 2022- 2023 will be an automatic Option. The remaining Snow Season Options will be exercisable upon mutual consent. In the event COUNTY decides to exercise an Option, COUNTY shall provide LANDLORD a 90-day written notification thereof by September 1 prior to the subsequent Option.
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Examples of Options to Extend Term in a sentence

  • Original Term for _24 Months, commencing the _15TH_ day of __JULY____ 1998 ______ Option(s) to Extend Term for _________ Months (each) (adjusted each year according to Article IV).

  • The evaluation of the company’s performance, therefore, is no longer dependent only on traditional economic dimension, but must be performed according to a broader assessment, which takes into account the three essential components (triple bottom line): economic, social and environmental ones.For several years, the content of the Corporate Social Responsibility (CRS) has thus been at the center of discussions and debates in many Western countries.

  • A regular occurrence is for us to be bombarded with additional discovery in the weeks leading up to trial.• The Commonwealth does not request things from the police or make sure they have everything in their file until right before trial.

  • We also agree with the Government that there are reasonable grounds upon which the trial court might have determined not to allow continuing objections—for example, that they are imprecise, and that appellants might have been prejudiced on appeal from application of the "plain error" standard of review to "vague" objections below.

  • Between the date hereof and the Closing Date Seller shall allow Buyer and Buyer’s Representatives access to the Property upon reasonable prior notice at reasonable times provided (a) such access does not interfere with the operation of the Property or the rights of tenants; and (b) Buyer shall not contact any tenant without Seller’s prior written consent;.

  • If a separate Matching Certificate is issued, this will be considered as a separate arrangement.

  • Landlord and Tenant hereby agree to extend the Term for a period ten (10) years, from January 1, 2020, through December 31, 2029 (the “ Extended Term”), on the terms and conditions set forth in the Lease, as hereby amended by this First Amendment, unless sooner terminated as provided in the Lease.3.2 Remaining Options to Extend Term.

  • The University Bookstore shall be granted the exclusive rights to accept the Tennessee Tech EagleCard for the purpose of purchasing textbooks.

  • The term of this Agreement shall be from July 1, 2013 to June 30, 2014 unless terminated earlier in accordance with the provisions of Article 4 (Termination) below.3.2 Options to Extend Term.

  • Any assignment of these Options to Extend Term in violation of the terms hereof shall be void and, at Landlord's option, shall constitute an event of default hereunder.

Related to Options to Extend Term

  • Option to Extend has the meaning given that term in Section 2.13.

  • Option Term means a period, if any, through which this Agreement may be or has been extended by the JBE.

  • Extension Option shall have the meaning set forth in Section 2.5(c) hereof.

  • Extended Term shall have the meaning given such term in Section 2.4.

  • Second Extension Option shall have the meaning set forth in Section 2.6.1 hereof.

  • Renewal Option has the meaning set forth in §12.1.

  • Base Term Beginning (i) with respect to the Original Premises on the Commencement Date, and (ii) with respect to the Expansion Premises on the Expansion Premises Commencement Date, and ending with respect to the entire Premises on August 31, 2024.”

  • Second Extension Period means a period of twelve (12) consecutive months following the First Extended Maturity Date.

  • Compensation Options has the meaning ascribed thereto on the face page of this Agreement;

  • Extension Term means the time period defined in §2.C.

  • Fixed Term shall have the meaning given such term in Section 2.3.

  • Additional Term shall have the meaning set forth in Section 8.2.

  • Original Term means the period from the Commencement Date until the end of the fiscal year of Lessee in effect at such Commencement Date.

  • Period of Extended Hire means any additional period that the Hirer wishes the Agency Worker to be supplied for beyond the duration of the original Assignment or series of assignments as an alternative to paying a Transfer Fee;

  • Extended Terms shall have the meaning given such term in Section 2.4.

  • First Extension Option shall have the meaning set forth in Section 2.6.1 hereof.

  • Option Period means the period during which an Option may be exercised.

  • Term of Agreement shall have the meaning ascribed thereto in Article 2 of this Agreement;

  • Termination Option means the option of either party to terminate a transaction in the event that the other party fails to perform a Firm obligation to deliver Gas in the case of Seller or to receive Gas in the case of Buyer for a designated number of days during a period as specified on the applicable Transaction Confirmation.

  • Renewal Period “Buyer” and “Default” have the same meanings respectively as they have in the Water Agreement.

  • Term of the Agreement shall have the same meaning as provided for in Article 7 of this Agreement.

  • Initial Term has the meaning set forth in Section 7.1.

  • Option Grant Date means, as to any Stock Option, the latest of:

  • Automatic Renewal Term has the meaning set forth in Section 10(a) hereof.

  • Additional Terms and Conditions means the terms and conditions that govern the promotion as determined by the Participating Banks (if any).