Contract Period Extension Sample Clauses

The Contract Period Extension clause allows for the extension of the original duration of an agreement beyond its initially specified end date. Typically, this clause outlines the conditions under which an extension can be requested, such as requiring written notice from one party to the other before the contract expires, and may specify the maximum length or number of extensions permitted. Its core practical function is to provide flexibility for both parties to continue their business relationship if needed, preventing disruption or the need to renegotiate a new contract when more time is required to fulfill obligations.
Contract Period Extension. This Contract shall take effect from Effective Date and shall continue in force until the expiry of all the Transaction Schedules provided that the expiry date of the Transaction Schedule shall not exceed the Expiry Date or the prior termination under Clause 8.4 hereof whichever is earlier PROVIDED ALWAYS that the Contractor shall extend the Expiry Date of all or any of the Transaction Schedules on a month-to-month basis for up to six months at the same Rent and Copy Charges upon written request of the Institution.
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Contract Period Extension. The Joint Committee may decide to extend the Contract Period for a period of up to two (2) years beyond March 31, 1998, and shall meet to specifically address the extension issue no later than September 30, 1997. Failure of the Joint Committee to reach agreement on this matter shall not be subject to arbitration pursuant to Section 12.14.
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Contract Period Extension. Upon approval by LHD this Contract shall be effective on the Contract Beginning Date and shall remain in effect until the Contract Ending Date.
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Contract Period Extension. (a) On or before the date falling twelve (12) months prior to the then Expiry Date, or such later date as may be agreed by the Parties, the Authority shall have the option, on giving written notice to the Operator, to extend the then Expiry Date by a period of twelve (12) months. (b) Upon the Authority exercising its rights under clause 4.2(a), all references in this Agreement to “Expiry Date” shall be construed as referring to the date contemplated by paragraph (b) of its definition.
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Contract Period Extension. Upon approval by ODH and, if required, the Controlling Board, this Contract shall be effective on the Contract Beginning Date and shall remain in effect until the Contract Ending Date. Upon mutual consent of both parties, this Contract may be renewed or extended past the Contract Ending Date, subject to the same terms and conditions of this Contract and subject to any federal and state directives, regulations, laws, Request for Quote or Request for Proposals relating to the subject matter of this Contract. Any extensions or renewals are subject to sections 6.3.6 and 6.4.3.
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Related to Contract Period Extension

  • CONTRACT PERIOD “Contract Period” shall mean the period commencing the day immediately preceding a Change in Control and ending on the earlier of (i) the first anniversary of the Change in Control or (ii) the date the Executive would attain age 65 or (iii) the death of the Executive. For the purpose of this Agreement, a Change in Control shall be deemed to have occurred at the date specified in the definition of Change-in-Control.

  • Contract Period and Renewal The Contract is effective on the signature date of the latter of the Parties to sign this agreement and terminates on June 30, 2023, unless renewed, extended, or terminated pursuant to the terms and conditions of the Contract. The Parties may extend this Contract subject to mutually agreeable terms and conditions.

  • Listing Period Extension The Commission shall be due if the Property is sold, conveyed, exchanged, optioned, or otherwise transferred within _ _ days (“Extension Period”) after the expiration of the Listing Period to anyone with whom the Broker or Agency has negotiated unless the Property is listed, in good faith, with another real estate agency. The term “negotiation” shall include providing information about the Property, showing the Property, or presenting an offer on the Property. All rights under this Section shall terminate upon the expiration of the Extension Period.

  • Term of Contract; Contract Extension The Contract will be in effect from the Effective Date (15 December 2016) through 31 December 2018. DAS, in its sole discretion, may extend this Contract for additional terms beyond the original term, prior to Termination or expiration, one or more times for a combined total period not to exceed the complete length of the original term.

  • Extension of Initial Contract Period 31.1 Subject to clause 13 (Price Adjustment on Extension of the Initial Contract Period), the Authority may, by giving written notice to the Contractor not less than three (3) Month(s) prior to the last day of the Initial Contract Period, extend the Contract for such further period as may be specified in the notice. The provisions of the Contract will apply (subject to any Variation or adjustment to the Contract Price pursuant to clause 13) throughout any such extended period.