Common use of Extension of Initial Contract Period Clause in Contracts

Extension of Initial Contract Period. 47.1 The Authority may, by giving written notice to the Supplier not less than six (6) Months prior to the last day of the Initial Contract Period, or if the Contract is already extended six (6) Months prior to the last day of the then current extension period, extend the Contract for up to two (2) further periods each of one (1) year. 47.2 Without prejudice to its right pursuant to Clause 47.1, the Authority may, by giving written notice to the Supplier of not less than three (3) Months at any time during the Contract Period and whether or not it has exercised a right pursuant to Clause 47.1, extend the Contract for such period as is specified in the notice, provided that the Authority shall be entitled to exercise its rights pursuant to this Clause 47.2 more than once provided that the aggregate extensions made pursuant to this Clause 47.2 shall not exceed one (1) year. 47.3 The provisions of the Contract will apply throughout any extension period.

Extension of Initial Contract Period. 47.1 46.1 The Authority may, by giving written notice to the Supplier not less than six (6) Months prior to the last day of the Initial Contract Period, or if the Contract is already extended six (6) Months prior to the last day of the then current extension period, extend the Contract for up to two (2) further periods each of one (1) year. 47.2 46.2 Without prejudice to its right pursuant to Clause 47.146.1, the Authority may, by giving written notice to the Supplier of not less than three (3) Months at any time during the Contract Period and whether or not it has exercised a right pursuant to Clause 47.146.1, extend the Contract for such period as is specified in the notice, provided that the Authority shall be entitled to exercise its rights pursuant to this Clause 47.2 46.2 more than once provided that the aggregate extensions made pursuant to this Clause 47.2 46.2 shall not exceed one (1) year. 47.3 46.3 The provisions of the Contract will apply throughout any extension period.