Common use of Extending the Term Clause in Contracts

Extending the Term. If the parties agree, the term of this agreement may be extended if funds are available and research opportunities reasonably warrant. Any extension shall be formalized through modification of the agreement by the grants officer and the recipient.

Appears in 2 contracts

Sources: Cooperative Agreement (Panda Project Inc), Cooperative Agreement (Panda Project Inc)

Extending the Term. If the parties agree, the term of this agreement may be extended if funds are available and research opportunities reasonably warrant. Any extension shall be formalized through modification of the agreement by the grants officer and the recipientconsortium program administrator.

Appears in 1 contract

Sources: Cooperative Agreement (Template Software Inc)