Extension of Permitted Use Period Clause Samples

Extension of Permitted Use Period. If, as a result of the application of any bankruptcy, insolvency, reorganization, receivership or other similar law, Agent is prevented for any period of time during the Permitted Use Period from exercising its rights and remedies with respect to any Lender Collateral located on the Mortgaged Premises or otherwise granted hereunder, the Permitted Use Period shall be extended by such period of time.
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Extension of Permitted Use Period. If, as a result of the application of any bankruptcy, insolvency, reorganization, receivership or other similar law, Lender is prevented for any period of time during the Permitted Use Period from exercising its rights and remedies with respect to any Lender Collateral located on the Mortgaged Premises or otherwise granted hereunder, the Permitted Use Period shall be extended by such period of time.
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Related to Extension of Permitted Use Period

  • EXTENSION OF USE The Contract may be extended to additional States or governmental jurisdictions upon mutual written agreement between New York State (the lead contracting State) and the Contractor. Political subdivisions and other authorized entities within each participating State or governmental jurisdiction may also participate in the Contract if such State normally allows participation by such entities. New York State reserves the right to negotiate additional minimum NYS Vehicle Discounts based on any increased volume generated by such extensions.

  • Extension of Agreement Prior to the original expiration date of this Agreement, the Parties mutually agree to extend this Agreement to the February 15 extension date identified in Paragraph VIII(A). The Parties acknowledge that no further extensions of this Agreement are authorized.

  • Application of other Rules and Special Commitments 1. Where a matter is governed simultaneously both by this Agreement and by another international agreement to which both Contracting Parties are parties, nothing in this Agreement shall prevent either Contracting Party or any of its investors who own investments in the territory of the other Contracting Party from taking advantage of whichever rules are more favourable to his case. 2. If the treatment to be accorded by one Contracting Party to investors of the other Contracting Party in accordance with its laws and regulations or other specific provisions of contracts is more favourable than that accorded by the Agreement, the more favourable shall be accorded.

  • Non-Renewal of Agreement For the avoidance of doubt, the Parties expressly acknowledge and agree that the election by a Party to not renew or extend this Agreement pursuant to Section 3 shall not give rise to any severance or other payment to Executive under this Agreement.

  • Extension of Probationary Period III.10.3.5.1 Notwithstanding the various provisions above which define a maximum period of probationary service, a member who has had a pregnancy leave during her probationary period under IV.13.6.2