Extension of Project Term Sample Clauses

Extension of Project Term. The IR Operator is entitled to apply for extension of the Project Term at the expiration of the Project Term. From the perspective of whether the continuation of the IR Business will contribute to sustainable economic development of Osaka and Kansai region as well as the strengthening of the international tourism site, etc., the extension period and conditions, etc. (including the investment plan after the extension of the Project Term) shall be discussed by Osaka Pref./City and the IR Operator on the assumption that the IR Business will be continued. The Project Term shall be extended for 30 years in principle, but this may be extended or shortened by mutual agreement between Osaka Pref./City and the IR Operator.
Extension of Project Term. After *** under the terms of this Agreement, but in any event no later than ***, AURORA may ***in a different or similar second ***for additional payments ***), such amount may be adjusted based on the amount of the proportional average cost increase or decrease of the first *** and excluded from the average calculation. If AURORA elects to exercise this option, ***of the total payment will be due upon the exercise of the option, ***upon delivery of first ***of the ***, and the remainder of the payment, will be due within *** the total of ***within ***of AURORA's exercise of this option. AURORA may also exercise an identical option, before ***, for an additional *** in a third ***and adjusted as above. Such option will be subject to the same terms and conditions of this Agreement, with respect to ***. SIDDCO and AURORA agree that if, calculated in accordance with GAAP, SIDDCO has ***. ***Confidential Information Requested 14 1) SIDDCO shall provide, upon AURORA's demand, *** ***Confidential Information Requested 15 4) SIDDCO shall ***. 5) Confidential Information Requested 16

Related to Extension of Project Term

  • 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.

  • 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.

  • Extension of the Term At least two months prior to the third anniversary of the Effective Date, the Parties will evaluate the effectiveness of this Agreement and decide whether to extend the Term.

  • Extension of Term If the term of NASPO ValuePoint Master Agreement is extended for any reason, the Term of this Participating Addendum shall be automatically modified to account for that extension, so long as such extension complies with the Colorado Procurement Code.

  • 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.